Tai Ping Yang Zheng Quan·2025-06-09 15:29Investment Rating - The report indicates a neutral rating for the computer software sub-industry, while no ratings are provided for computer equipment, IT services, cloud services, and industrial internet [6]. Core Insights - The computer industry index rose by 2.79% during the week of June 2-8, 2025, ranking 5th among 31 primary industries, with a year-to-date increase of 4.49%, outperforming the CSI 300 index by 6.04 percentage points [33]. - The "Artificial Intelligence Trends Report 2025" was released, highlighting the rapid development of AI technology and its potential global impact, with a focus on the increasing demand for computational power and data for AI model training [11][12]. - Major tech companies in the U.S. have significantly increased their capital expenditures on AI infrastructure, reaching $212 billion in 2024, a 63% year-on-year increase, with capital expenditures now accounting for 15% of their revenues compared to 8% a decade ago [14]. - The cost of AI inference has dramatically decreased by 99.7% over the past two years, leading to increased user adoption and the creation of new products and services [17]. - The gap between AI capabilities in China and the U.S. is narrowing, with emerging models like DeepSeek and Alibaba Qwen showing competitive performance and cost efficiency [25][26]. Summary by Sections Industry Hot Events - The "Artificial Intelligence Trends Report 2025" was published, emphasizing the unprecedented speed of AI technology development and its implications for the global landscape [11]. - The ByteDance Volcano Engine Force Conference is set to take place on June 11-12, 2025, focusing on cutting-edge topics such as large models and AI cloud-native technologies [28]. Market Review - The computer industry index has shown a positive trend, with notable weekly gains among specific companies, including Huijin Co. (+50.54%) and Qingyun Technology (+38.27%) [35]. Investment Recommendations - The report recommends several companies for investment, including Kingsoft Office, Yonyou Network, Saiyi Information, Entropy Technology, and CloudWalk Technology, anticipating that AI applications will drive infrastructure development, with additional recommendations for Haiguang Information, Zhiwei Intelligent, and Lenovo Group [2][36].