中信证券：国产AI应用有望再次领跑本轮AI浪潮

Core Viewpoint - Citic Securities report indicates that Alibaba's Q2 Capex exceeded expectations, and the demand for domestic computing power chain AI is expected to accelerate growth, suggesting attention to opportunities in the domestic computing power industry chain [1] Group 1: Company Insights - Alibaba's Q2 capital expenditure (Capex) has surpassed market expectations [1] - The report highlights the potential for accelerated growth in the demand for domestic AI computing power [1] Group 2: Industry Trends - Deepseek is leading the innovation of domestic SOTA models, aligning with domestic computing power [1] - The combination of domestic computing power and models is expected to support domestic AI applications, potentially leading the current wave of AI [1] - Emphasis is placed on companies with scenario, data, and technical barriers in the application sector [1]