计算机行业周报：AI应用再迎催化，国内AI产品加速推进

Investment Rating - The report maintains a "Recommended" rating for the computer industry, expecting the industry index to outperform the benchmark index by more than 5% in the next 3-6 months [2][71]. Core Insights - The computer sector experienced a decline, with the CITIC computer index dropping by 3.48% during the week of November 11-15, 2024. The sector's performance ranked 14th out of 30 in the CITIC industry rankings [26][35]. - AI applications are gaining momentum, with significant developments in domestic AI products. The report highlights the resonance of AI applications both domestically and internationally, indicating a clear trend of growth in this area [28][29]. - AppLovin's Q3 performance exceeded expectations, with revenues of $1.198 billion, a 39% year-over-year increase, and a net profit of $434 million, reflecting a 300% increase. This growth is attributed to AI capabilities enhancing advertising efficiency [28][40]. - Domestic AI products are rapidly advancing, with notable applications like Doubao and Baidu Wenxiaoyan achieving over 10 million monthly active users. Doubao ranks second globally among AI apps, only behind ChatGPT, with over 100 million downloads this year [29][43]. Summary by Sections Industry Overview - The report notes a significant decline in the computer sector indices, with the CITIC computer index down 3.48% and the Shanghai Composite Index down 3.52% during the specified week. The top gainers included Zhong An Ke (+41.44%) and Zhong Ke Jin Cai (+38.80%), while the biggest losers were *ST Zhuolang (-22.32%) and Lai Si Information (-20.73%) [26][35]. Overseas AI Application Performance - AppLovin's Q3 results showcased a revenue of $1.198 billion, surpassing market expectations by 5.9%, and a net profit of $434 million, indicating a strong performance driven by AI technology [28][40]. Domestic AI Product Development - The report highlights the rapid growth of domestic AI applications, with Doubao achieving over 51.3 million monthly active users, ranking second globally. The 360AI search engine leads the domestic web rankings with 287.58 million monthly visits, reflecting a 16.56% increase from September [29][47]. Investment Recommendations - The report suggests focusing on AI application companies, including major players in various sectors such as large models (iFLYTEK, 360), office software (Kingsoft, Foxit Software), legal tech (Jinqiao Information), healthcare (Runda Medical), and education (Jiafa Education) [29][52].