月度市場封存 · Permanent monthly record
2026 年 7 月市場封存
2026-07 market archive
每週掌握 AI 經濟的營運全貌，將算力供給、電力可用性、模型經濟與企業採用整合成一份可直接決策的情報簡報。
A weekly operating view of the AI economy—connecting compute supply, power availability, model economics, and enterprise adoption in one decision-ready brief.
01 · 月度表現 / Monthly performance
市場籃子與主要股票
Market basket and tracked equities
AI 股票籃子 · AI equity basket+6.4%+6.4%
02 · 論點變化 / Thesis changes
本月核心論點
Core thesis movements during the month
本月沒有已記錄的論點立場變更。No thesis stance changes were recorded this month.
03 · 催化劑 / Catalysts
後續催化劑
本月沒有已記錄的催化劑。No catalysts were recorded this month.
04 · 風險 / Risks
持續觀察的風險
- 追蹤已簽約的兆瓦，而不是已公布的園區。兩者之間的差距，正成為檢驗成長真實度的最佳指標。Track signed megawatts, not announced campuses. The spread between the two is becoming the best reality check on growth.
- 觀察價格壓縮能否讓總工作負載快速擴張，足以抵銷每 Token 收入下降。Watch whether price compression expands total workloads fast enough to offset falling revenue per token.
- 完成率、人工覆核負擔與毛利率，比席次或試點數量更重要。Completion rate, human review burden, and gross margin matter more than seats or pilots.
05 · 完整公開來源 / Complete public sources
完整公開來源
Permanent source provenance for this monthly record
AI Market Atlas
ATLAS modelDirectional weekly market model
彙整下列公開資料後建立的方向性模型；模型值不是官方統計、即時行情或經稽核財務資料。
A directional model built from the public materials below; model outputs are not official statistics, live prices, or audited financial data.Broadcom Investor Relations
開啟來源 ↗ Open sourceSecond Quarter Fiscal Year 2026 Financial Results
客製 AI 加速器、AI 網路與半導體營收的公司揭露。
Company disclosures on custom AI accelerators, AI networking, and semiconductor revenue.U.S. Department of Energy / LBNL
開啟來源 ↗ Open source2024 Report on U.S. Data Center Energy Use
美國資料中心用電歷史、2028 年預測區間與需求成長。
U.S. data-center electricity history, 2028 forecast range, and demand growth.Google AI for Developers
開啟來源 ↗ Open sourceGemini Developer API pricing
Gemini 模型與工具的官方 API 定價及更新時間。
Official Gemini model and tool pricing, including its latest update time.International Energy Agency
開啟來源 ↗ Open sourceData Centres & Networks · Latest findings
資料中心用電量、成長速度與最新全球趨勢。
Latest global data-center electricity consumption and growth trends.International Energy Agency
開啟來源 ↗ Open sourceEnergy and AI · Executive summary
全球資料中心用電、2030 年情境、供電結構與專案延誤風險。
Global data-center electricity demand, 2030 scenarios, supply mix, and project-delay risk.Infineon
開啟來源 ↗ Open sourceNext milestone on 200 mm silicon carbide
200mm SiC 量產進度與產品時程的公司公告。
Company disclosure on 200mm SiC production progress and product timing.NVIDIA Investor Relations
開啟來源 ↗ Open sourceFirst Quarter Fiscal 2027 Financial Results
資料中心營收、成長率、平台進度與公司展望。
Data-center revenue, growth, platform progress, and company outlook.onsemi
開啟來源 ↗ Open sourceHow onsemi Is Powering the Next Generation of AI Factories
AI 資料中心的矽、SiC 與 GaN 功率產品及供應鏈觀點。
Silicon, SiC, and GaN power products and supply-chain context for AI data centers.OpenAI
開啟來源 ↗ Open sourceAPI pricing
官方 API 定價；價格變動時以供應商頁面為準。
Official API list pricing; the provider page governs when prices change.Stanford HAI
開啟來源 ↗ Open source2026 AI Index Report · Economy
AI 投資、企業採用、營收與生產力的基準背景。
Benchmark context for AI investment, enterprise adoption, revenue, and productivity.Stanford HAI
開啟來源 ↗ Open source2026 AI Index Report · Technical Performance
模型能力、基準測試、推理進展與技術競爭背景。
Model capability, benchmarks, reasoning progress, and technical competition.STMicroelectronics Investor Relations
開啟來源 ↗ Open sourceQ1 2026 Earnings Results
SiC 業務、800V AI 資料中心電力架構與公司展望。
SiC business, 800V AI data-center power architecture, and company outlook.TSMC Investor Relations
開啟來源 ↗ Open sourceFirst Quarter 2026 Management Report
先進製程、資本支出、營收組合與產能展望。
Advanced-node, capital-expenditure, revenue-mix, and capacity outlook.Wolfspeed
開啟來源 ↗ Open sourceArtificial Intelligence news and SiC product updates
300mm SiC、AI 資料中心功率與先進封裝的公司公告。
Company announcements on 300mm SiC, AI data-center power, and advanced packaging.