Investment Rating - The industry investment rating is "Overweight" [4] Core Viewpoints - The report emphasizes a rotation between hardware and software, with a positive outlook on AI hardware leaders, expecting a valuation recovery to 30X. It suggests focusing on sectors benefiting from DeepSeek and domestic computing power applications [3][6] - The report highlights the expansion of DeepSeek's influence, with major companies and platforms integrating the DeepSeek R1 model, indicating a reshaping of the AI ecosystem [6][7] Summary by Relevant Sections Market Review - The Shanghai Composite Index closed at 3346.72 points, with a weekly increase of +1.3%. The Shenzhen Component Index closed at 10749.46 points, up +1.64%. The ChiNext Index closed at 2215.3 points, rising +1.88%. The CSI 300 Index closed at 3939.01 points, up +1.19%. The China Securities Artificial Intelligence Index closed at 1430.3 points, with a weekly increase of +3.91% [1] Technology Industry Viewpoints - The report suggests focusing on AI new consumption scenarios, benefiting from DeepSeek and the subsequent application of domestic computing power chains. Recommended companies include Hengxuan Technology, Tailin Microelectronics, Sitaiwei, and Doctor Glasses [3] Industry Dynamics - The report identifies several sectors with potential investment opportunities: 1. PCB: Benefiting from the Nvidia/domestic computing power industry chain and Apple industry chain. Recommended companies include Dongshan Precision, Pengding Holdings, Shenghong Technology, and Shiyun Circuit [7] 2. End-side ODM: Benefiting from domestic end-side AI and Xiaomi industry chain. Recommended companies include Huaqin Technology, Longqi Technology, and GoerTek [7] 3. AIDC: Benefiting from BAT's capital expenditure exceeding expectations. Recommended companies include Kehua Data, Data Port, Guanghuan New Network, and Baoxin Software [7]
电子行业先进科技主题周报-周观点：DeepSeek官方发布R1模型推荐设置，多款产品接入DeepSeek R1
Shanghai Securities·2025-02-20 03:02