过往半导体行业因过度依赖于电子产品(手机电脑)因此,在AI时代之前,有很强的周期性,在换机季,一芯难求,而淡季,因为害怕芯片更新换代过快,又会折价出售,所以历史上,过往半导体行业公司的营收、利润总会有很强的周期性。但在AI时代,当算力成为像电力一样的基础实施,周期性有概率大大减弱。
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