[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-JP2025060616464006383":3,"related-JP2025060616464006383":29},{"pageSize":4,"id":5,"productLine":6,"status":7,"articleCode":8,"articleType":9,"showStyle":7,"mediaType":10,"articleTitle":11,"coverImage":12,"listImage":13,"introduction":14,"description":15,"nonVipDescription":16,"postTime":17,"viewTime":17,"sortNumber":18,"isFree":19,"isShowList":7,"isRecommend":19,"linkType":7,"isOriginal":6,"hasMiniUrl":19,"hasAdvertising":19,"createBy":20,"updateBy":20,"createTime":21,"visitCount":19,"isLiked":19,"realSearch":22,"isRead":19,"productId":23,"isCollected":19,"collectCount":19,"vipExclusive":19,"allowComment":7,"style":24,"likeCount":19,"seoKeywords":16,"articleModuleVoList":25,"extendContentList":26,"noteCount":19,"categoryList":27,"dailyKeywordList":28},10,7025,"1",1,"JP2025060616464006383","1041018",3,"想和你说点「芯」事","https:\u002F\u002Fimage.jane7.com\u002F3375725c-d389-414b-8026-187a459f2892.png","https:\u002F\u002Fjane7-prod.oss-cn-hangzhou.aliyuncs.com\u002Fmanager\u002Farticle_default_img.png","写给小白的芯片投资指南","\u003Cdiv>\n \u003Csection style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;margin-left: 8px;margin-right: 8px;line-height: 1.5em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cspan style=\"font-size: 14px;\">\u003Cspan style=\"outline: 0px;max-width: 100%;letter-spacing: 0.544px;font-family: -apple-system-font, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;color: rgb(98, 90, 90);box-sizing: border-box !important;overflow-wrap: break-word !important;\">点击\u003C\u002Fspan>\u003Cspan style=\"outline: 0px;max-width: 100%;letter-spacing: 0.544px;font-family: -apple-system-font, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;color: rgb(0, 122, 170);box-sizing: border-box !important;overflow-wrap: break-word !important;\"> “简七读财”\u003C\u002Fspan>\u003Cspan style=\"outline: 0px;max-width: 100%;letter-spacing: 0.544px;font-family: -apple-system-font, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;color: rgb(98, 90, 90);box-sizing: border-box !important;overflow-wrap: break-word !important;\">，发送消息“小工具”\u003C\u002Fspan>\u003C\u002Fspan>\n \u003C\u002Fsection>\n \u003Csection style=\"margin: 0pt 8px;outline: 0px;max-width: 100%;letter-spacing: 0.544px;white-space: normal;font-family: -apple-system-font, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;background-color: rgb(255, 255, 255);font-size: 11pt;color: rgb(73, 73, 73);text-align: center;line-height: 1.5em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cspan style=\"outline: 0px;max-width: 100%;font-size: 14px;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"outline: 0px;max-width: 100%;letter-spacing: 0.544px;color: rgb(98, 90, 90);caret-color: rgb(98, 90, 90);\">免费领取“\u003C\u002Fspan>\u003Cspan style=\"outline: 0px;max-width: 100%;letter-spacing: 0.544px;background-color: rgb(255, 254, 213);\">\u003Cstrong style=\"outline: 0px;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"outline: 0px;max-width: 100%;letter-spacing: 0.544px;caret-color: rgb(98, 90, 90);color: rgb(255, 76, 0);box-sizing: border-box !important;overflow-wrap: break-word !important;\">30个赚钱工具资源包\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"outline: 0px;max-width: 100%;letter-spacing: 0.544px;color: rgb(98, 90, 90);caret-color: rgb(98, 90, 90);\">”\u003C\u002Fspan>\u003C\u002Fspan>\n \u003C\u002Fsection>\n \u003Csection style=\"text-align: center;line-height: 1.75em;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002Fd0bbc991-cc1f-4b81-9cda-08e832c13d74.jpg\">\n \u003C\u002Fsection>\n \u003Csection>\n  \u003Cmpvoice class=\"js_editor_audio audio_iframe js_uneditable custom_select_card\" data-pluginname=\"insertaudio\" data-topic_id=\"\" data-topic_name=\"\" data-trans_state=\"1\" data-verify_state=\"3\" high_size=\"2073.14\" isaac2=\"1\" low_size=\"1431.28\" name=\"写给小白的芯片投资指南\" play_length=\"707000\" source_size=\"1433.6\" src=\"\u002Fcgi-bin\u002Freadtemplate?t=tmpl\u002Faudio_tmpl&name=%E5%86%99%E7%BB%99%E5%B0%8F%E7%99%BD%E7%9A%84%E8%8A%AF%E7%89%87%E6%8A%95%E8%B5%84%E6%8C%87%E5%8D%97&play_length=11:47\" voice_encode_fileid=\"MjM5MzA3MjI2NV8yNjUwNjYyMDgy\">\u003C\u002Fmpvoice>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">大家\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">好，我是简七编辑部的木言声。\u003C\u002Fspan>\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">在家办公的第三周，让我最担心的事情发生了。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">不是「今日配送已满」，也不是「下楼做核酸」：\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">这个跟了我8年的电脑，开始频频出问题。严重的时候，直接宕机。\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">也没啥别的办法，一边借家人电脑用，一边琢磨着换一台。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">当我在电商平台上挑选的时候，却犯了难：\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">M1 MAX\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">和\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">M1\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">芯片比的优势在哪？\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">i5-1130G\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">7\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">和\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">i5-11300H\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">又有什么不同？\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">我把芯片和处理器的型号标灰了，担心你看着头大。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">今天我们抛开这些乱码，来好好讲讲芯片这个话题。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">文章有点长，不过在看完之后，相信你下一次看新闻或研报时，能更快速地看懂它。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);letter-spacing: 0.544px;white-space: normal;font-family: -apple-system, system-ui, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;background-color: rgb(255, 255, 255);line-height: 1.75em;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cspan style=\"outline: 0px;max-width: 100%;font-size: 16px;letter-spacing: 0.544px;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fspan>\n \u003C\u002Fsection>\n \u003Csection data-role=\"outer\" label=\"Powered by 135editor.com\" style=\"outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Csection style=\"padding-right: 8px;padding-left: 8px;outline: 0px;max-width: 100%;box-sizing: border-box;visibility: visible;overflow-wrap: break-word !important;\">\n   \u003Csection data-role=\"paragraph\" style=\"outline: 0px;max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n    \u003Cblockquote style=\"outline: 0px;color: rgba(0, 0, 0, 0.5);max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n     \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;letter-spacing: 0.544px;line-height: 1.75em;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n      \u003Cspan style=\"letter-spacing: 0.544px;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">更好的芯片意味着\u003C\u002Fspan>\n      \u003Cspan style=\"letter-spacing: 0.544px;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">什么？\u003C\u002Fspan>\n      \u003Cbr>\n     \u003C\u002Fsection>\n     \u003Cp style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"letter-spacing: 0.544px;font-size: 15px;\">为什么我国芯片会被美国「卡脖子」？\u003C\u002Fspan>\u003C\u002Fp>\n     \u003Cp style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"letter-spacing: 0.544px;font-size: 15px;\">芯片产业有啥投资机会？（跳到04部分阅读）\u003C\u002Fspan>\u003Cspan style=\"letter-spacing: 0.544px;\">\u003C\u002Fspan>\u003C\u002Fp>\n    \u003C\u002Fblockquote>\n   \u003C\u002Fsection>\n  \u003C\u002Fsection>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Csection style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.5em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cspan style=\"color: rgb(255, 76, 0);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;background-color: rgb(255, 254, 213);letter-spacing: 0.544px;font-size: 14px;\">*风险提示：文中提及的个股、基金仅为示例，不涉及任何投资建议和利益相关。投资有风险，决策需谨慎。\u003C\u002Fspan>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F6f07e46c-7c16-4e3d-89bd-62810e5a579d.jpg\">\n \u003C\u002Fsection>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cspan style=\"outline: 0px;max-width: 100%;color: rgb(214, 168, 65);font-size: 18px;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong style=\"outline: 0px;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;\">01\u003C\u002Fstrong>\u003C\u002Fspan>\n \u003C\u002Fsection>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cstrong style=\"letter-spacing: 0.544px;outline: 0px;max-width: 100%;text-align: justify;color: rgb(214, 168, 65);box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"outline: 0px;max-width: 100%;font-size: 16px;letter-spacing: 0.544px;box-sizing: border-box !important;overflow-wrap: break-word !important;\">更好的芯片意味着什么？\u003C\u002Fspan>\u003C\u002Fstrong>\n  \u003Cbr>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">芯片是连接真实世界和数字世界的「桥」，我们每个人都是芯片的用户。\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">当我们用红外测体温、电子秤量体重、倒车时障碍物的远近——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">就是通过芯片传感器，把现实世界的\u003Cstrong>温度、压力、距离\u003C\u002Fstrong>等信息，转变成\u003Cstrong>电信号\u003C\u002Fstrong>，在数字世界里进行记录和计算。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">而手机、电脑连Wi-Fi快不快、电源管理好不好等等，也都需要依靠芯片这个大脑来支持。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">对于我来说，\u003Cstrong>更先进且成本更低的芯片就意味着，预算内我能选到性能更强的电脑。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">那对于一个企业，甚至一个国家而言呢？\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">出行交通、工业制造、国防安全、\u003Ca data-linktype=\"2\" href=\"https:\u002F\u002Fmp.weixin.qq.com\u002Fs?__biz=MjM5MzA3MjI2NQ==&mid=2650661393&idx=1&sn=7d3dc895af35efd61aeded26559550a7&chksm=be95d7f789e25ee1c474a0ced6d05e38d0b547340127fffb9341b6d825ff31489957a9b0d347&token=209550910&lang=zh_CN&scene=21#wechat_redirect\" imgdata=\"null\" imgurl=\"\" linktype=\"text\" tab=\"innerlink\" target=\"_blank\" textvalue=\"东数西算\" style=\"color:#409eff\">东数西算\u003C\u002Fa>等等，就连我们的身份证中，芯片都在发挥着核心作用。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">可以说，\u003C\u002Fspan>\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(214, 168, 65);\">更好的芯片就是信息时代的石油，可以强国富民。\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">芯片产业诞生于美国，美国霸主地位至今仍在。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">无论在技术水平还是规模上，普遍预测我国还需10-20年才有可能追上美国进度。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">中美贸易摩擦中，芯片就成了用来压制的重点之一。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">一边，我国在加大「造芯」力度——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F730e1c6d-c9de-4677-9791-80765473de92.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">另一边，美国脚跟脚专挑中兴、华为等中国企业「乱拳制裁」——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002Fc3aa23aa-ab83-43c1-a805-1453f90d2ac8.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">有着曾被日本反超的前车之鉴\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（同期美企利润腰斩、大量裁员）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">，为了避免美国芯片企业再受劲敌重击，快速发展的中国就成了它的眼中钉。\u003C\u002Fspan>\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">其实中国芯片事业起步不晚，同美国一样从国防领域发展起来，并且在建国初期就已经能紧跟美国先进科技了，比如我们的「两弹一星」、「核潜艇」......\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">但在不同应用场景中，对芯片的性能要求也很不同。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">如今，在中国庞大的制造业里面，\u003Cstrong>90%左右是进口芯片，高端芯片依然受制于西方国家。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">那么——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F72c7e008-bf0c-4207-8705-d70ccbd49c07.jpg\">\n \u003C\u002Fsection>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cspan style=\"outline: 0px;max-width: 100%;color: rgb(214, 168, 65);font-size: 18px;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong style=\"outline: 0px;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;\">02\u003C\u002Fstrong>\u003C\u002Fspan>\n \u003C\u002Fsection>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cspan style=\"letter-spacing: 0.544px;\">\u003C\u002Fspan>\n  \u003Cstrong style=\"letter-spacing: 0.544px;outline: 0px;max-width: 100%;text-align: justify;color: rgb(214, 168, 65);box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"outline: 0px;max-width: 100%;font-size: 16px;letter-spacing: 0.544px;box-sizing: border-box !important;overflow-wrap: break-word !important;\">为什么我国芯片会被美国「卡脖子」？\u003C\u002Fspan>\u003C\u002Fstrong>\n  \u003Cbr>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">造成这样的原因有两个：\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"color: rgb(214, 168, 65);\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">原因 1：内部重视太晚\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">初期的美国和日本，70%左右的半导体企业是靠着「政府采购+财团投资」，支撑起烧钱的芯片技术研发。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">但是到了我国，矛盾就出现了：\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">一方面，1956年「计划经济体制」开始实行。\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">期间，国营企业要把大部分利润上缴，等国家批准拨付好资金，市场机遇已经不在了。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">大量半导体工厂经营困难，科研人才严重流失。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">到了1986年，我国半导体产业的整体规划才开始被重视。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">另一方面，就算在技术上有突破，没法量产还是不行。\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">后续卖的量不够多，根本覆盖不了初期支出，更别提赚钱。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">可以看到，2000年前，我国在量产上和美国、日本都还有10-20年的差距，还有拉大的趋势。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002Ff91e79fa-072e-452c-b849-d9adfd2941e5.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"text-align: center;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"color: rgb(214, 168, 65);\">\u003Cstrong>\u003Cspan style=\"color: rgb(214, 168, 65);font-size: 16px;letter-spacing: 0.544px;\">原因 2：外部加速狂奔\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"color: rgb(214, 168, 65);\">\u003Cstrong>\u003Cspan style=\"color: rgb(214, 168, 65);font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">1965年摩尔定律提出后，全球半导体产业都朝着它进发。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">摩尔定律，指的是\u003Cstrong>在芯片开发中，同样面积芯片上的晶体管数量，每隔18-24个月就会增加一倍。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">这也就意味着每隔两年左右——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection data-role=\"outer\" label=\"Powered by 135editor.com\" style=\"outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Csection style=\"padding-right: 8px;padding-left: 8px;outline: 0px;max-width: 100%;box-sizing: border-box;visibility: visible;overflow-wrap: break-word !important;\">\n   \u003Csection data-role=\"paragraph\" style=\"outline: 0px;max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n    \u003Cblockquote style=\"outline: 0px;color: rgba(0, 0, 0, 0.5);max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n     \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;letter-spacing: 0.544px;line-height: 1.75em;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n      \u003Cspan style=\"letter-spacing: 0.544px;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;font-size: 15px;\">芯片面积缩小一半；\u003C\u002Fspan>\n     \u003C\u002Fsection>\n     \u003Cp style=\"margin-right: 8px;margin-left: 8px;white-space: normal;outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"letter-spacing: 0.544px;font-size: 15px;\">芯片运行速度提高一倍；\u003C\u002Fspan>\u003C\u002Fp>\n     \u003Cp style=\"margin-right: 8px;margin-left: 8px;white-space: normal;outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"letter-spacing: 0.544px;font-size: 15px;\">同样的性能价格低一倍。\u003C\u002Fspan>\u003C\u002Fp>\n    \u003C\u002Fblockquote>\n   \u003C\u002Fsection>\n  \u003C\u002Fsection>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">什么概念呢？\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">1946年，世界上第一台计算机诞生，是个170平方米的庞然大物。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">然而在70多年后的现在，手机一个手掌就能握住。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">改革开放后，我国引进了国外二手生产线，但在摩尔定律的驱使下，「越引进越落后」。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">等商用的时候，海外的技术又迭代了好几轮。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">另外，根据美国法律，使用美国技术占比超25%的产品，出口要受「出口管制」约束；\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">不少芯片技术需要按照产品售价比例，向美国公司交\u003Ca data-linktype=\"2\" href=\"https:\u002F\u002Fmp.weixin.qq.com\u002Fs?__biz=MjM5MzA3MjI2NQ==&mid=2650661607&idx=1&sn=08d8fc80dcd81a7f69ac49aefcdbb2ec&chksm=be95d70189e25e172365f7751dc764d7130a7280c0913e1b522ac7c066f99923b228027ec55f&token=209550910&lang=zh_CN&scene=21#wechat_redirect\" imgdata=\"null\" imgurl=\"\" linktype=\"text\" tab=\"innerlink\" target=\"_blank\" textvalue=\"「专利授权费」\" style=\"color:#409eff\">「专利授权费」\u003C\u002Fa>。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">这就让进美国「实体名单」的企业芯片断供；没进的就算能用，也需要付出不少资金和资源成本。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">2021年，全球前十大半导体厂商营收排名中，美国就占了6家，没有中国企业的身影，「造芯」迫在眉睫。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F989a7b95-e31f-4bdc-8b13-01ad30126e36.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">没办法，既然用你的这么难，我就只能自己造了。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">现在，在政策的重视下，资金壁垒已经基本解决。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">那么，卡脖子的地方，也就可能存在着国产替代的巨量生长空间——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F0af60390-1eae-4198-90a6-74fa29b58f8a.jpg\">\n \u003C\u002Fsection>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cspan style=\"outline: 0px;max-width: 100%;color: rgb(214, 168, 65);font-size: 18px;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong style=\"outline: 0px;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;\">03\u003C\u002Fstrong>\u003C\u002Fspan>\n \u003C\u002Fsection>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cstrong style=\"letter-spacing: 0.544px;outline: 0px;max-width: 100%;text-align: justify;color: rgb(214, 168, 65);box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"outline: 0px;max-width: 100%;font-size: 16px;letter-spacing: 0.544px;box-sizing: border-box !important;overflow-wrap: break-word !important;\">核心技术差距具体在哪里？\u003C\u002Fspan>\u003C\u002Fstrong>\n  \u003Cbr>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">高端芯片技术，意味着\u003Cstrong>更大尺寸的硅片、更小尺寸的沟道。\u003C\u002Fstrong>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">它们也对应着我国最薄弱的芯片上游\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（材料和设备）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">和中游\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（芯片制造）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F4fe730f7-fe0a-46c0-8bf1-e66cefbb2f72.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(214, 168, 65);\">先说说硅片。\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">硅片是一种半导体材料，功能在导体\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（导电）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">和绝缘体\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（不导电）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">之间，调整电压大小可以控制电流。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">把它抛光打磨后，就做成了晶片——「晶圆」。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">硅从沙子中就能提取，但是晶圆的制造难处，就在于「提纯」和「平整度」。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">芯片用硅的纯度，得达到99.999999999%，11个9。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">而切割打磨后的晶圆，平整度要求有多夸张呢？\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">就拿十四五规划中，国家大力发展的先进工艺\u003Cstrong>12英寸硅片\u003C\u002Fstrong>来说，平整度必须控制在1纳米以内。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">这意味着从上海到北京路上，最大的地面起伏不超过4毫米。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(214, 168, 65);\">再说说沟道。\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(214, 168, 65);\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">我们的电子产品能够不断变小，主要原因是芯片不断等比例缩小。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">而芯片变小的本质，是同样大小芯片上，晶体管的数量更多了。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">拿地铁站比喻——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">晶体管就像「开关」，开的时候两站之间有了通道，地铁\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（电子）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">可以开过去；关的时候，通道就消失了。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">这个通道就是「沟道」。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">在新闻里看到的「芯片14纳米、7纳米制程」，就是指晶体管的「沟道尺寸」。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">沟道尺寸越小，一样大的晶片上，就能容纳越多的晶体管，芯片的性能也就越高。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F418f5b11-0a5c-47de-892a-312689e1d17e.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">当芯片里有上百亿个晶体管集成在晶片上，发热、连线等问题也接踵而至，加上其他复杂的物理限制，对生产设备的要求极高。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">目前，我国半导体设备厂商只在部分设备有突破，但是对于\u003Cstrong>14纳米以下先进工艺\u003C\u002Fstrong>而言——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">设备上，目前只有荷兰的阿斯麦\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（ASML，在美国纳斯达克上市）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">一家能生产高端晶圆制造的核心设备EUV光刻机；\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\"> \u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">代工厂里，全球又只有\u003Cstrong>英特尔\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（美国）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">、\u003Cstrong>三星\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（韩国）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">和\u003Cstrong>台积电\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（中国台湾）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">三家可以量产。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">硅片和沟道，2个技术差距摆在这，国产企业能选的只有三条路：\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection data-role=\"outer\" label=\"Powered by 135editor.com\" style=\"outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Csection style=\"padding-right: 8px;padding-left: 8px;outline: 0px;max-width: 100%;box-sizing: border-box;visibility: visible;overflow-wrap: break-word !important;\">\n   \u003Csection data-role=\"paragraph\" style=\"outline: 0px;max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n    \u003Cblockquote style=\"outline: 0px;color: rgba(0, 0, 0, 0.5);max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n     \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;letter-spacing: 0.544px;line-height: 1.75em;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n      \u003Cspan style=\"letter-spacing: 0.544px;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;\">1）买买买先进设备和材料；\u003C\u002Fspan>\n      \u003Cbr>\n     \u003C\u002Fsection>\n     \u003Cp style=\"margin-right: 8px;margin-left: 8px;white-space: normal;outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"letter-spacing: 0.544px;font-size: 15px;\">2）买买买有设备、材料能量产的企业；\u003C\u002Fspan>\u003C\u002Fp>\n     \u003Cp style=\"margin-right: 8px;margin-left: 8px;white-space: normal;outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;background-color: rgb(255, 255, 255);line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"letter-spacing: 0.544px;font-size: 15px;\">3）自己做。\u003C\u002Fspan>\u003C\u002Fp>\n    \u003C\u002Fblockquote>\n   \u003C\u002Fsection>\n  \u003C\u002Fsection>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">很显然，如今美国捣乱，海外的好芯片我们很难拿到。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">面对国内市场的高需求，政府和企业都更倾向于第三条路，自主替代。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">这也给国内企业带来了大量发展机会。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F70f7c240-80af-4860-bb9d-e4352a4df35d.jpg\">\n \u003C\u002Fsection>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cspan style=\"outline: 0px;max-width: 100%;color: rgb(214, 168, 65);font-size: 18px;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong style=\"outline: 0px;max-width: 100%;box-sizing: border-box !important;overflow-wrap: break-word !important;\">04\u003C\u002Fstrong>\u003C\u002Fspan>\n \u003C\u002Fsection>\n \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);text-align: center;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cstrong style=\"letter-spacing: 0.544px;outline: 0px;max-width: 100%;text-align: justify;color: rgb(214, 168, 65);box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"outline: 0px;max-width: 100%;font-size: 16px;letter-spacing: 0.544px;box-sizing: border-box !important;overflow-wrap: break-word !important;\">普通人有什么投资机会？\u003C\u002Fspan>\u003C\u002Fstrong>\n  \u003Cbr>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">结合前面的卡脖子空间，我总结了三个投资思路——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(214, 168, 65);\">思路 1：避开硅片和沟道，选容易的做大\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n \u003Csection data-role=\"outer\" label=\"Powered by 135editor.com\" style=\"outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Csection style=\"padding-right: 8px;padding-left: 8px;outline: 0px;max-width: 100%;box-sizing: border-box;visibility: visible;overflow-wrap: break-word !important;\">\n   \u003Csection data-role=\"paragraph\" style=\"outline: 0px;max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n    \u003Cblockquote style=\"outline: 0px;color: rgba(0, 0, 0, 0.5);max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n     \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;letter-spacing: 0.544px;line-height: 1.75em;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n      \u003Cspan style=\"outline: 0px;max-width: 100%;letter-spacing: 0.544px;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">优先封测领域龙头。\u003C\u002Fspan>\n     \u003C\u002Fsection>\n    \u003C\u002Fblockquote>\n   \u003C\u002Fsection>\n  \u003C\u002Fsection>\n \u003C\u002Fsection>\n \u003Cp style=\"text-align: center;\">\u003Cbr>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F22bc2357-6d43-42db-904a-5678bb9bda98.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"text-align: center;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">封测，就是对芯片半成品进行\u003Cstrong>封装\u003C\u002Fstrong>和\u003Cstrong>性能测试\u003C\u002Fstrong>，就像以前相片打印出来塑封一遍，能起到保护作用，加持芯片性能。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">芯片制造流程中，封装测试门槛较低，钱够人够就能发展起来。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">2001年，我国加入WTO，在人口红利加持下，封装测试成为了我国发展最快的领域。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">2018年全球前十的封测企业中，我国就占了三家\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（长电科技、华天科技和通富微电）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">，瓜分了20%的份额。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(214, 168, 65);\">思路 2：大硅片自主替代\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n \u003Csection data-role=\"outer\" label=\"Powered by 135editor.com\" style=\"outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Csection style=\"padding-right: 8px;padding-left: 8px;outline: 0px;max-width: 100%;box-sizing: border-box;visibility: visible;overflow-wrap: break-word !important;\">\n   \u003Csection data-role=\"paragraph\" style=\"outline: 0px;max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n    \u003Cblockquote style=\"outline: 0px;color: rgba(0, 0, 0, 0.5);max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n     \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;letter-spacing: 0.544px;line-height: 1.75em;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n      \u003Cspan style=\"font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;outline: 0px;max-width: 100%;letter-spacing: 0.544px;visibility: visible;font-size: 15px;box-sizing: border-box !important;overflow-wrap: break-word !important;\">优先市值波动大的\u003Cstrong>大尺寸量产企业。\u003C\u002Fstrong>\u003C\u002Fspan>\n     \u003C\u002Fsection>\n    \u003C\u002Fblockquote>\n   \u003C\u002Fsection>\n  \u003C\u002Fsection>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">我国新建的晶圆厂数量全球领先，对硅片有着大量需求。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">另外，可以重点关注一下市值波动情况。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">根据全球半导体硅片大厂SUMCO的历史复盘来看，公司的业绩和市值波动情况一致。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">大尺寸量产，指的是已经规模化生产12英寸先进工艺公司，主要有\u003Cstrong>沪硅产业、立昂微、中环股份\u003C\u002Fstrong>等。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(214, 168, 65);\">思路 3：从需求倒推\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n \u003Csection data-role=\"outer\" label=\"Powered by 135editor.com\" style=\"outline: 0px;max-width: 100%;color: rgb(34, 34, 34);font-family: -apple-system, BlinkMacSystemFont, "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Csection style=\"padding-right: 8px;padding-left: 8px;outline: 0px;max-width: 100%;box-sizing: border-box;visibility: visible;overflow-wrap: break-word !important;\">\n   \u003Csection data-role=\"paragraph\" style=\"outline: 0px;max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n    \u003Cblockquote style=\"outline: 0px;color: rgba(0, 0, 0, 0.5);max-width: 100%;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n     \u003Csection style=\"margin-right: 8px;margin-left: 8px;outline: 0px;max-width: 100%;letter-spacing: 0.544px;line-height: 1.75em;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n      \u003Cspan style=\"outline: 0px;max-width: 100%;letter-spacing: 0.544px;visibility: visible;box-sizing: border-box !important;overflow-wrap: break-word !important;\">优先\u003Cstrong>业绩好\u003C\u002Fstrong>的芯片设计龙头企业。\u003C\u002Fspan>\n     \u003C\u002Fsection>\n    \u003C\u002Fblockquote>\n   \u003C\u002Fsection>\n  \u003C\u002Fsection>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">芯片制造环节中，设计业务的盈利能力比较强，净利润增速飞快。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">除了海外断供带来的国产需求之外——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">国内的新兴领域\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（5G通信、智能汽车、 安防和工业控制等）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">蓬勃发展，不断需要新的功能，就离不开芯片设计。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">这就给国内芯片设计龙头带来了机遇，企业的营收和净利润，增速也都比较高：\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">北京君正\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cspan style=\"letter-spacing: 0.544px;color: rgb(136, 136, 136);font-size: 14px;\">（539%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">、\u003Cstrong>睿创微纳\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"letter-spacing: 0.544px;color: rgb(136, 136, 136);font-size: 14px;\">（128%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">、\u003Cstrong>思瑞浦\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"letter-spacing: 0.544px;color: rgb(136, 136, 136);font-size: 14px;\">（86%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">、\u003Cstrong>卓胜微\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"letter-spacing: 0.544px;color: rgb(136, 136, 136);font-size: 14px;\">（84%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">的营收增速都超过了80%；\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">韦尔股份\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cspan style=\"letter-spacing: 0.544px;color: rgb(136, 136, 136);font-size: 14px;\">（481%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">、\u003Cstrong>恒玄科技\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"letter-spacing: 0.544px;color: rgb(136, 136, 136);font-size: 14px;\">（194%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">、\u003Cstrong>睿创微纳\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"letter-spacing: 0.544px;color: rgb(136, 136, 136);font-size: 14px;\">（189%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">、\u003Cstrong>富满电子\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"letter-spacing: 0.544px;color: rgb(136, 136, 136);font-size: 14px;\">（172%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">的净利润增速都超过了170%。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">说完思路，这里也要提醒一点。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">芯片产业太过复杂，业内人士或许还有尽早知道产能、销售情况的优势，普通人在股价上有反应的时候再入场，很容易站在山顶接盘。\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">投资芯片基金，买一揽子芯片龙头公司，是相对更友好的办法。\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">相关基金很多，有主动型基金，也有指数基金。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">其中，主动型基金的基金费率高，选择难度也不低。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">不仅要对芯片产业有所了解，还需要对基金经理的风格有认知。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">至于费率更低、严格按照编制规则走的\u003Cstrong>指数基金\u003C\u002Fstrong>，也有一个思路参考，就是\u003C\u002Fspan>\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(214, 168, 65);\">跟着国家大基金走。\u003C\u002Fspan>\u003C\u002Fstrong>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">2014年，第一期半导体产业大基金成立，投资了22家A股公司和3家港股公司，带动了一波社会投融资节奏。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">2019年的第二期成立，募资体量是第一期的近一倍，把重点放在\u003Cstrong>上游材料和中游\u003C\u002Fstrong>芯片制造的行业龙头做大做强。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F45419ab8-c553-499a-9113-bef4f1987502.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">而这里面大部分的企业，都囊括在了\u003Cstrong>中证芯片产业指数\u003C\u002Fstrong>\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（H30007）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">中。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">它会挑选出沪深A股中\u003Cstrong>市值最大\u003C\u002Fstrong>的前50家芯片企业，业务涉及上游芯片材料和设备，中游的芯片制造等领域。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">也会按照过去一年的\u003Cstrong>日均成交金额\u003C\u002Fstrong>排名，最后20%也会被踢掉，保证指数的流动性。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">它的前十大权重股情况如下——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F2b649fda-1e8e-4003-a60a-8f25d8b56ddb.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">截至2022年3月29日，它近三年的年化收益\u003C\u002Fspan>\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(214, 168, 65);\">超过40%\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">， 远远高于沪深300\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（3.61%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">等宽基指数。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002Ff74c29a6-f000-4c58-acc8-54be19b59325.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">不过，风险和回报并存，芯片产业指数的近一年最大回撤\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（-33.48%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">也比沪深300\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(136, 136, 136);\">（-17.65%）\u003C\u002Fspan>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">要高许多。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">相关阅读 👉：\u003Ca data-itemshowtype=\"0\" data-linktype=\"2\" href=\"http:\u002F\u002Fmp.weixin.qq.com\u002Fs?__biz=MjM5MzA3MjI2NQ==&mid=2650633059&idx=1&sn=52b5b362cf45e116d3083fcebd0b65d2&chksm=be95468589e2cf93d7d2401e4d9a1fff6c4e60a7701cb5418970a2b701fefb9eea5dfb057951&scene=21#wechat_redirect\" imgdata=\"null\" imgurl=\"\" linktype=\"text\" tab=\"innerlink\" target=\"_blank\" textvalue=\"2个指标，帮你判断买的基金好不好\" style=\"color:#409eff\">2个指标，帮你判断买的基金好不好\u003C\u002Fa>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">我们可以在中证指数官网查到相关基金产品——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002F82c81def-db12-4c59-96ad-da00771a1620.jpg\">\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">最后也多说几句。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">目前的芯片产业指数基金都比较新，如果十分感兴趣且有所钻研的话，建议控制在10%以内、用三年以上不用的闲钱来投资。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">好啦，关于芯片就和你聊到这里。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">照例总结了一张图，欢迎转发、收藏——\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003Cbr>\u003C\u002Fspan>\u003C\u002Fp>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cimg src=\"https:\u002F\u002Fimage.jane7.com\u002Fe1a57e02-6903-49af-ad3a-c9d0d05c9688.jpg\">\n \u003C\u002Fsection>\n \u003Csection style=\"text-align: center;margin-left: 8px;margin-right: 8px;\">\n  \u003Cbr>\n \u003C\u002Fsection>\n \u003Csection style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 2em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\n  \u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">\u003C\u002Fspan>\n \u003C\u002Fsection>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">如果喜欢这篇文章的话，欢迎点个\u003C\u002Fspan>\u003Cstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;color: rgb(214, 168, 65);\">「在看」\u003C\u002Fspan>\u003C\u002Fstrong>\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">告诉我。\u003C\u002Fspan>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cbr>\u003C\u002Fp>\n \u003Cp style=\"outline: 0px;max-width: 100%;font-family: -apple-system, "system-ui", "Helvetica Neue", "PingFang SC", "Hiragino Sans GB", "Microsoft YaHei UI", "Microsoft YaHei", Arial, sans-serif;letter-spacing: 0.544px;white-space: normal;background-color: rgb(255, 255, 255);margin-left: 8px;margin-right: 8px;line-height: 1.75em;box-sizing: border-box !important;overflow-wrap: break-word !important;\">\u003Cspan style=\"font-size: 16px;letter-spacing: 0.544px;\">晚安😊\u003C\u002Fspan>\u003C\u002Fp>\n\u003C\u002Fdiv>","","2022-03-31 21:55:00",100,0,"renqiang@jane7.com","2025-06-06 16:46:40",false,17087,"1038002",[],[],[],[],[30],{"pageSize":4,"articleWikiId":31,"wikiName":32,"articleCode":33,"locationType":34,"sortNumber":35,"articleTitle":36,"introduction":37,"coverImage":38,"likeCount":19,"realSearch":22,"createTime":39,"seoUrl":40,"seoKeywords":41},97,"理财产品","JP2020061821353578870",2,20200618,"1700亿抗疫特别国债来了，普通个人也能买，抢吗？","抗疫特别国债的投资细节，终于落地啦！赶紧和大家聊一聊~","https:\u002F\u002Fimage.jane7.com\u002F5028228b-0362-4027-bf4a-fe851d048900.png","2020-06-18 21:35:35","https:\u002F\u002Fwww.jane7.com\u002Farticle-financing-JP2020061821353578870-97.html","债券投资,低风险投资,财经新闻"]