微软最新财报显示，AI布局进入收获期。上季度，对OpenAI的投资带来76亿美元净利润，有力回应外界质疑。双方深度合作已转化为稳定现金流。OpenAI重组为公益公司后，与微软达成2500亿美元Azure云服务采购协议。
得益于全球AI竞赛引发的芯片需求激增，三星电子2025年业绩表现强劲。全年营业利润同比增长33.2%至43.6万亿韩元，销售额增长10.9%至333.6万亿韩元，净利润增长31.2%至45.2万亿韩元。第四季度表现尤为突出，营业利润同比大幅飙升，创下历史纪录。
海康威视2025年业绩显示，在行业承压下，公司以利润换增长，实现营收925.18亿元，微增0.02%；净利润141.88亿元，同比大增18.46%，盈利质量提升。第四季度加速明显，单季营收与净利润增速均达25.83%，呈现逐季向好态势。
ChatGPT月活达8亿，背后电费惊人。汇丰测算显示，OpenAI到2030年需再投入2070亿美元购买算力，相当于美国中西部建中型电站。即使届时营收达2130亿美元，公司仍可能无净利润，自由现金流持续为负。
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