中国银河证券：AI应用持续推进 游戏行业有望保持高景气度

Core Insights - The report from China Galaxy Securities indicates that the underlying large model capabilities of AI are continuously evolving, establishing a foundational technology for AI applications [1] - The ongoing exploration of AI across various industries is expected to bring transformative impacts, particularly in the B-end commercialization within the media sector [1] - The gaming market has maintained a high level of prosperity since the summer of 2024, with major gaming companies launching successful new titles [1] - The revenue deferral effect from future game sales and the strong performance of newly launched games are anticipated to contribute to sustained growth in company earnings by 2025 [1]