全球科技行业周报：京东上线“送礼”功能，计算机行业经营质量部分好转

Investment Rating - The industry investment rating is "Overweight" [1] Core Views - The report indicates an improvement in the operational quality of the computer industry, with 78 companies in the sector providing earnings forecasts for 2024, showing a positive trend in revenue and net profit growth [3][4] - The report highlights potential investment opportunities in the technology sector, particularly in AI, cloud computing, and data-related industries, driven by recent policy support and technological advancements [4][7][8] Summary by Sections Market Review - From January 13 to January 17, 2025, the Shanghai Composite Index increased by 2.31%, the ChiNext Index rose by 4.66%, and the CSI 300 Index saw a 2.14% increase. The Hang Seng Technology Index and the Nasdaq Index rose by 5.13% and 2.45%, respectively [2][24] - The performance of various sectors included a 6.21% increase in the media index and a 6.14% increase in the computer index, indicating strong market momentum [24][32] Industry News - The Ministry of Commerce and other departments announced a policy to expand the scope of vehicle scrapping and replacement, which is expected to drive the automotive market in 2025 [3] - JD.com launched a "gift-giving" feature, enhancing its e-commerce offerings and potentially increasing user engagement [3][13] - The report notes that 33 out of 78 computer companies forecasted a year-on-year increase in net profit, indicating a recovery in the sector [4] AI and Technology Developments - Microsoft rebranded its AI assistant to Microsoft 365 Copilot Chat, enhancing its enterprise AI offerings [6][41] - Nvidia launched a large AI training database, Nemotron-CC, which includes 63 trillion tokens, aimed at advancing AI model training [6][42] - Samsung is accelerating the development of its sixth-generation high-bandwidth memory (HBM4), indicating a focus on AI hardware [8][45] Investment Recommendations - The report suggests focusing on companies involved in AI, cloud computing, and data annotation, as these areas are expected to see significant growth [4][7][8] - Specific companies to watch include Meta, Adobe, Microsoft, Nvidia, and domestic players like 万兴科技 (Wondershare) and 科大讯飞 (iFlytek) [6][7][8]