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中信证券:继续看好存储需求超预期,预计行业供不应求将持续至2027年底

intermediate36氪1 min read
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Grammar Points

在……下under the condition/influence ofHSK 5

This pattern means 'under...' or 'with... as a driving/background factor.' It is often used in formal or news-style Chinese to explain the condition, influence, or context under which something happens.

"AI需求带动下,存储仍处于超级景气周期前中段。"

"在开源模型能力持续提升下,AI云需求有望持续验证。"

随……as / along withHSK 6

随 is a formal written connector meaning 'as,' 'along with,' or 'following.' It introduces a change or development that happens together with another event or trend.

"2月以来,随铠侠业绩及指引超预期、NAND一季度合约价上调,以及国内模组厂商龙头发布1—2月业绩公告超预期,进一步验证了存储行业景气度维持高位。"

有望……be expected toHSK 5

有望 is used to express a positive expectation, meaning something is likely or expected to happen. It is common in news, business, and formal prediction contexts.

"AI应用有望带动推理需求持续增长。"

"AI云需求有望持续验证,AI应用有望带动推理需求持续增长。"

带动……drive / stimulateHSK 5

带动 means 'to drive,' 'to boost,' or 'to stimulate' another change. In grammar terms, it is commonly used in the structure 'A带动B' to show that one factor causes or promotes another development.

"AI需求带动下,存储仍处于超级景气周期前中段。"

"AI应用有望带动推理需求持续增长。"

从而……thereby / thusHSK 5

从而 links cause and result in a formal way. It means 'thus,' 'thereby,' or 'as a result,' showing that the previous action leads to the following outcome.

"AI应用从Chat向Agent进化,有望带动推理深度与调用链路不断加长,从而带动底层Token消耗呈现数量级跃升。"

Key Vocabulary

存储cún chǔHSK6

to store up

持续chí xùHSK5

to persist

需求xū qiúHSK5

requirement

带动dài dòngHSK5

to spur; to provide impetus; to drive

有望yǒu wàngHSK7

promising

预期yù qīHSK6

to expect

应用yīng yòngHSK5

practical; applied (science, linguistics etc)

chāoHSK5

to cross

HSK5

in time for

中信证券zhōng xìn zhèng quàn
zhìHSK5

until

推理tuī lǐHSK7

to infer

业绩yè jìHSK7

(in more recent usage) performance (of a business, employee etc); results

行业xíng yèHSK5

trade; profession; industry; business

供不应求gōng bù yìng qiúHSK7

supply does not meet demand

开源kāi yuán
公司gōng sīHSK1

CL:家[jia1]

jiāngHSK4
景气jǐng qì
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