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  "date": "2026-04-24",
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  "headline": "研究研究记录-03：2026-06-03中国宏观视角下的消费以旧换新“销量”检验",
  "summary": "当日归档 2 份公开研究，20 条研究讨论和 0 个 thesis 证据事件；研究密度最高的方向为宏观、通胀与利率。",
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      "title": "AI硬件内部轮动：计算端胜过传输端？— 2026年8月5日",
      "date": "2026-04-24",
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      "excerpt": "截至： 2026年8月5日（Asia/Singapore）。 立场： 支持 th T07，但对半导体只作附条件、非方向性的升级。",
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      "title": "研究研究记录-03：2026-06-03中国宏观视角下的消费以旧换新“销量”检验",
      "date": "2026-04-24",
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      "excerpt": "研究研究记录-03：2026-06-03中国宏观视角下的消费以旧换新“销量”检验",
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      "analyst": "TMT行业分析师",
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