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研報掘金丨中金:工業富聯AI服務器收入高速增長,維持“跑贏行業”評級
格隆匯 08-14 15:25

中金公司研報指出,工業富聯(601138.SH)2Q24業績符合此前業績快報及我們預期,1H24 AI服務器收入高速增長,看好AI相關業務加速放量。此外,二季度匯兑亦對扣非淨利潤造成擾動,公司表示若扣除匯兑影響,二季度利潤總額同比增長25%,體現了公司盈利水平的持續提升。展望未來,看好雲計算業務隨英偉達GB200服務器量產帶來利潤增量。網通設備方面,考慮通信相關需求有所回暖及AI 相關交換機等產品需求旺盛,預計網通設備亦有不錯成長。維持“跑贏行業”評級和29.5元目標價。

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