--- title: "国信证券：伴随模型能力提升 AI 基础设施需求快速增长" description: "国信证券发布研报指出，AI 基础设施需求快速增长，云/AI 平台将重新选择。微软在 B 端基础设施方面表现突出，谷歌和亚马逊各有侧重，国内字节跳动和阿里巴巴在市场中占据重要地位。随着模型能力提升，推荐关注微软、谷歌、亚马逊、阿里巴巴、腾讯控股及英伟达等 AI 云平台和芯片厂商。" type: "news" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/256878290.md" published_at: "2025-09-11T08:58:52.000Z" --- # 国信证券：伴随模型能力提升 AI 基础设施需求快速增长 > 国信证券发布研报指出，AI 基础设施需求快速增长，云/AI 平台将重新选择。微软在 B 端基础设施方面表现突出，谷歌和亚马逊各有侧重，国内字节跳动和阿里巴巴在市场中占据重要地位。随着模型能力提升，推荐关注微软、谷歌、亚马逊、阿里巴巴、腾讯控股及英伟达等 AI 云平台和芯片厂商。 国信证券发布研报表示，AI 背景下 AI Infra 层面临重构，客户将重新选择云/AI 平台，云厂加大布局 AI/Agent 平台瓜分新市场：微软聚焦 B 端基础设施，是市场上模型支持最全面的平台，工具链和生态整合全面，安全与稳定性强，云收入增速显著领先；谷歌依托 AI Studio 兼顾 B/C 端多场景，多模态强但生态不成熟、市占率较低；亚马逊依托 AWS 服务中小企业为主，侧重算力销售与便捷部署但工具链分散。国内字节扣子覆盖全场景，开发者与智能体数量领先；阿里百炼主攻 B 端全行业、服务 30 余万企业客户，MCP 工具链和开源生态丰富。伴随模型能力提升、AI Infra 需求快速增长，推荐 AI 云平台厂商：微软、谷歌、亚马逊、阿里巴巴、腾讯控股，AI 芯片厂商英伟达与 AI Data Infra 数据服务厂商。 ### Related Stocks - [BABA.US - 阿里巴巴](https://longbridge.com/zh-CN/quote/BABA.US.md) - [09988.HK - 阿里巴巴-W](https://longbridge.com/zh-CN/quote/09988.HK.md) - [AMZN.US - 亚马逊](https://longbridge.com/zh-CN/quote/AMZN.US.md) - [GOOG.US - 谷歌-C](https://longbridge.com/zh-CN/quote/GOOG.US.md) - [GOOGL.US - 谷歌-A](https://longbridge.com/zh-CN/quote/GOOGL.US.md) - [MSFT.US - 微软](https://longbridge.com/zh-CN/quote/MSFT.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | YouTube Says Some Users Having Trouble Accessing Its Sites | By Kosaku Narioka Google-owned YouTube said some users were having trouble accessing the online video-sharing platform. | [Link](https://longbridge.com/zh-CN/news/276194395.md) | | TCI Fund Management Ltd Boosts Microsoft Stake by 189,749 Shares | TCI Fund Management Ltd, led by Christopher Anthony Hohn, has increased its Microsoft stake by 189,749 shares. Microsoft | [Link](https://longbridge.com/zh-CN/news/276296813.md) | | JSW Infrastructure intimates about board meeting for proposal for raising funds | JSW Infrastructure intimates about board meeting for proposal for raising funds | [Link](https://longbridge.com/zh-CN/news/276055874.md) | | Anthropic's $80 Billion Cloud Bet Collides With Pentagon Demands | Anthropic has secured a $30 billion funding round but faces scrutiny from the Pentagon over restrictions on its Claude A | [Link](https://longbridge.com/zh-CN/news/276212891.md) | | Is this AI infrastructure stock a real millionaire maker or just hype? | Hardware and infrastructure stocks have been some of the biggest winners of the AI boom. Is Micron another winner in the | [Link](https://longbridge.com/zh-CN/news/276031409.md) | --- > **免责声明**：本文内容仅供参考，不构成任何投资建议。