华安证券给予鹏鼎控股增持评级：紧抓AI发展浪潮，实现AI云-管-端全链条布局

Group 1 - The core viewpoint of the report is that Pengding Holdings (002938.SZ) is rated as "Buy" due to its strategic positioning in the AI sector and its comprehensive layout across the AI cloud-edge-end chain [2] - The report highlights that the upgrade of smartphones to AI-enabled devices is expected to drive hardware upgrades, particularly in battery and thermal management functionalities [2] - It notes that the demand for AI servers is growing strongly, making high-density interconnect (HDI) products one of the fastest-growing segments in the PCB industry [2]