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A股異動丨業績需求雙引擎驅動CPO爆發!新易盛股價創歷史新高 中際旭創逼近歷史新高
CPO板塊持續走強,新易盛盤中一度升8.95%至185元,股價創歷史新高,年內累升1.25倍,市值突破1800億元;中際旭創升超4%,股價逼近歷史新高,年內累升超44%;天孚通信、亨通光電、光迅科技升超3%。業績面上,新易盛預計2025年上半年淨利潤為37億元–42億元,同比增長327.68%-385.47%。期內公司受益於人工智能相關算力投資持續增長,產品結構優化,高速率產品需求持續增加,公司預計銷售收入和淨利潤較上年同期大幅增加。國金證券研報稱,新易盛2Q25業績超預期,考慮到高速光模塊需求超預期、公司盈利能力強,上調盈利預測,維持“買入”評級。中際旭創亦預計上半年歸屬於上市公司股東的淨利潤為36億元-44億元,同比增加52.64%-86.57%。公司預計今年下半年客户需求仍保持增長,毛利率將由以下多個因素拉動:1)1.6T產品需求提升,今年下半年到明年有望逐步上量;2)硅光方案的BOM成本更低,集成度和價值量更高;3)公司不斷提高良率和生產效率。行業方面,中銀證券指出,國產GPU上市潮、硬件廠商業績兑現與AI大模型需求增長形成共振,國產算力產業從技術研發、商業落地到需求支撐已進入高速增長週期,全產業鏈自主化進程提速,國產算力行情亦有望受到催化,建議關注國產算力芯片、服務器、PCB、光通信廠商等。(格隆匯)

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