电子 /行业投资策略周报 /：自主可控持续发力，AI端侧快速发展

Investment Rating - The report maintains a "Positive" investment rating for the industry [3]. Core Insights - The industry is experiencing a significant focus on AI capabilities and the development of terminal applications, with a notable surge in AI-related innovations [6][55]. - The semiconductor sector has faced considerable declines, with the semiconductor index dropping by 4.50% during the week of November 11 to November 15, 2024 [18]. - The report highlights the rapid growth in the new energy vehicle sector, with production and sales reaching new highs in October 2024 [26]. Summary by Sections Market Review - The electronic index fell by 3.77%, mirroring declines in the Shanghai Composite Index and Shenzhen Component Index, with the semiconductor sector experiencing the largest drop [18]. - The report notes that the Philadelphia Semiconductor Index decreased by 8.64% during the same period [22]. Industry Data - New energy vehicles continue to show robust growth, achieving record monthly production and sales figures in October 2024 [26]. - DRAM spot prices have seen a slight decline, while NAND prices have also decreased [26]. Key Industry News - Baidu announced the launch of "Xiao Du AI Glasses," entering the AI glasses market [47]. - Tianyue Advanced unveiled the industry's first 300mm silicon carbide substrate at the Semicon Europe 2024 exhibition, marking a significant advancement in substrate technology [48]. - Moer Thread has initiated the A-share listing process, focusing on GPU technology for AI computing [51]. Investment Recommendations - The report suggests focusing on opportunities within the AI computing and terminal industry chain, particularly in light of the recent popularity of AI glasses [6][55]. - Emphasis is placed on the importance of self-sufficiency in semiconductor manufacturing and related sectors due to geopolitical constraints [6][55].