人工智能推动硬件营收与股价大幅上涨，但企业的盈利压力也在不断攀升 AI sends hardware revenue—and share prices—surging, but pressures on profitability are also rising.docxVIP

AIsendshardwarerevenue—andshareprices—surging,butpressureson

profitabilityarealsorising

AIinfrastructuredemandisboomingascloudprovidersandenterprisesaccelerate

computebuildouts.Whetherhardwarecompaniescanturnitintosustainableprofitislesscertain.

Article?5-minread?30July2026?DeloitteCenterforTechnology,MediaTelecommunications

Thehardwaresector,longdefinedbymodestgrowthandmultiyearrefreshcycles,hasbecomeoneoftechnology’smostunexpectedgrowthstories,drivenlargelybyartificialintelligence

infrastructure