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研報掘金丨華創證券:維持工業富聯“強推”評級,Q1營收利潤創歷史同期新高
格隆匯 04-09 15:06

華創證券研報指出,2025Q1工業富聯(601138.SH)預計實現歸母淨利潤52億元-53億元(YOY +24.4%-26.8%)。AI服務器高增驅動25Q1營收利潤創歷史同期新高。公司與業內頭部玩家微軟、AWS、英偉達等建立了合作關係。公司已積累多年全球化運營經驗,並在全球各地構建完備的產能佈局,產能已涵蓋中國大陸,美國、墨西哥及亞洲其他地區和歐洲等地。AI浪潮下服務器作為算力基礎設施迎來新一輪發展,公司雲計算服務器出貨量穩居前列,與頭部客户合作享受行業發展紅利;網通和工業互聯網業務也有望受益於數字新基建進入發展新階段。維持“強推”評級。

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