计算机行业周报：2025年春节假期备忘录

Investment Rating - The industry investment rating is maintained as "Recommended" [1] Core Viewpoints - The report emphasizes the importance of focusing on domestic production and artificial intelligence as key trends for investment in February, anticipating a positive market response as companies release their annual reports and prepare for the upcoming political meetings [4][6] - The emergence of Deepseek is highlighted as a significant development in the domestic technology sector, marking a shift towards self-reliance in technology amidst increasing export controls from the U.S. [7] - Major industry players are accelerating their investments in the AI sector, with notable increases in capital expenditures reported by companies like Microsoft and Meta, indicating a strong commitment to AI development [8] Summary by Sections Industry Weekly Viewpoints - The report suggests actively positioning for a strong market opening in February, driven by improved performance expectations and supportive government policies [6] Industry News - The report discusses the competitive landscape in AI, noting that Deepseek has gained significant traction both domestically and internationally, with major companies integrating its technology [7][8] - It also mentions the increasing importance of data in the context of U.S.-China technology competition, with a focus on the strengths of Chinese data capabilities [13] Company Dynamics - The report identifies several companies to watch, including those involved in domestic production and high-cost performance sectors, such as Haiguang Information and Kingsoft [9] - It highlights the ongoing trend of significant investments in AI-related companies, with multiple funding rounds reported in the sector [40][41]