AI不是沒有訂單，而是訂單的錢從哪裡來？AI 硬體股的繁榮，建立在四家 CSP 的股權與債務融資上

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts

AI不是沒有訂單，而是訂單的錢從哪裡來？AI 硬體股的繁榮，建立在四家 CSP 的股權與債務融資上

AI 訂單是來自「賺來的現金流」，還是資本市場開始替這場軍備競賽「暫時墊付」的錢？

This post is for paid subscribers