计算机行业周报：板块有望迎来估值强修复，OpenAI宣布推出canvas

Investment Rating - The report maintains a "Buy" rating for the computer sector, indicating a strong potential for valuation recovery [2][6][43]. Core Insights - The computer sector is expected to experience a significant valuation recovery due to improved market liquidity and a shift in market logic from rebound to reversal [12][13]. - The sector has been underperforming, ranking 27th among 31 industries with a decline of 5.97% year-to-date, suggesting it is currently undervalued [13][16]. - The overall profit level in the computer industry has been declining for nearly seven years, but with economic recovery, there is potential for substantial upward elasticity in profit margins [20]. Summary by Sections 1. Valuation Recovery in the Computer Sector - Recent financial policies from the central bank and regulatory bodies aim to stabilize the stock market, providing liquidity support [12]. - The computer sector is currently at a low allocation level in funds, with a net value ratio of 2.55%, indicating room for growth [16]. - Profit margins in the sector have been under pressure, but improvements in economic conditions and corporate spending are expected to enhance profitability [20]. 2. Computing Power Dynamics - The rental prices for computing power have remained stable, with specific pricing details provided for various configurations [22]. - The upcoming release of NVIDIA's RTX 5090 and RTX 5080 graphics cards is anticipated to significantly enhance performance, with the RTX 5090 expected to have a total graphics power of 600W [24][25]. 3. AI Application Developments - OpenAI has launched a new application called Canvas, which enhances the writing and programming capabilities of ChatGPT, showing a 30% improvement in accuracy compared to previous models [4][6][33]. - The AI startup landscape is active, with OpenAI and Poolside securing significant funding rounds, indicating strong investor interest in AI technologies [5][36]. 4. Investment Recommendations - The report suggests focusing on undervalued segments within the computer sector, including internet finance, SaaS, and domestic AI companies, as they are expected to benefit from the ongoing recovery [6][42].