计算机行业“一周解码”：美国AI限制政策再加码，看好国产软硬件厂商

Investment Rating - The report rates the computer industry as "Outperforming the Market" [29] Core Views - Recent US AI restrictions are expected to benefit domestic software and hardware manufacturers in China, as companies like Huawei and Xiaomi advance their chip development [11][14] - The tightening of AI chip export controls by the US may create short-term pressure on domestic companies but is likely to foster long-term growth in the local hardware ecosystem [11][13] Summary by Sections Investment Recommendations - The report suggests focusing on companies within the Huawei HarmonyOS ecosystem, such as Softcom Power, Runhe Software, and Tuo Wei Information [3] - It also recommends companies related to technological self-sufficiency, including Dameng Data, Cambricon Technologies, and Yuntian Lifi, as well as companies with strong fundamentals and growth potential like Hehe Information [3] Industry News - The US has implemented new AI chip export controls, specifically banning the global use of Huawei's Ascend AI chips [10] - Nvidia is reassessing its strategy in the Chinese market due to restrictions on its H20 chip exports [12] - Xiaomi has announced its self-developed chip, the "Xuanjie O1," which will be used in various products beyond smartphones [14] Company Dynamics - iFlytek showcased its AI+Education innovations at the 2025 World Digital Education Conference [20] - Hengsheng Electronics conducted its first share buyback, purchasing 37,200 shares at prices between 26.76 and 27.02 RMB per share [21]