Cambricon(SH:688256) Zheng Quan Shi Bao·2025-10-22 07:32Core Insights - The artificial intelligence (AI) sector is experiencing a significant surge, driven by companies like Cambricon, which saw its stock price increase by over 7%, pushing its market capitalization back above 600 billion yuan [1][3] - The Guangdong provincial government is implementing a five-year plan to double manufacturing investments, aiming for over 20 billion yuan in AI-related investments by 2027, which is expected to boost the related industry scale to over 100 billion yuan [1][4] Group 1: Market Performance - The technology sector, particularly AI-related stocks, is witnessing a collective rally, with the STAR 50 index showing a notable rebound [3] - Cambricon's stock performance has outpaced that of major companies like Kweichow Moutai, indicating strong market interest [3] Group 2: Government Initiatives - The Guangdong provincial government has released the "Action Plan for AI Empowering High-Quality Development of Manufacturing Industry (2025-2027)," focusing on industrial software and intelligent equipment [4] - The plan includes initiatives for core software development, technology projects, and the integration of AI with industrial internet platforms [4] Group 3: Investment Trends - Foreign investment in Chinese stocks has surged, with a net inflow of 4.6 billion USD in September, the highest in ten months [6] - Morgan Stanley has upgraded its outlook on Chinese stocks, citing AI's impact on profitability and the positive effects of government policies on corporate profits [6][7]