中信证券：当前国产算力加速演进，建议关注龙头厂商

Core Viewpoint - The domestic AI computing power ecosystem is evolving rapidly, with significant developments in server orders and large models, indicating strong growth potential for leading domestic suppliers [1] Group 1: Server Orders - Industrial and Commercial Bank of China and China Unicom announced a combined server tender result of 10 billion, with over 90% of the contracts awarded to domestic computing power suppliers [1] Group 2: Large Models - Alibaba released its large model Qwen3-VL-30B-A3B, while Huawei's Ascend achieved 0-day support; Tencent's latest visual model ranked third globally in the LMArena leaderboard [1] Group 3: Investment Recommendations - The rapid evolution of domestic computing power suggests a focus on leading companies in the sector for potential investment opportunities [1]