According to the CITIC Construction Investment Securities Research Report, as overseas cloud vendors continue to increase investment in AI infrastructure, demand for computing power is still growing rapidly, and capital expenditure is being transferred to chips, optical modules, switches, and PCBs at an accelerated pace. Continue to be optimistic about the continuation of the AI computing power industry chain. It is recommended to focus on core links and leading companies with strong performance delivery capabilities and continuous growth in share.

Zhitongcaijing · 1d ago
According to the CITIC Construction Investment Securities Research Report, as overseas cloud vendors continue to increase investment in AI infrastructure, demand for computing power is still growing rapidly, and capital expenditure is being transferred to chips, optical modules, switches, and PCBs at an accelerated pace. Continue to be optimistic about the continuation of the AI computing power industry chain. It is recommended to focus on core links and leading companies with strong performance delivery capabilities and continuous growth in share.