Amazon(US:AMZN) Ping An Securities·2025-06-23 03:32Investment Rating - The industry investment rating is "Outperform the Market" [19] Core Insights - Huawei held the HDC 2025 event, showcasing HarmonyOS 6, CloudMatrix384, and Pangu Model 5.5, indicating significant advancements in AI and cloud services [3][4] - Amazon's global AI survey reveals a notable increase in enterprise adoption of generative AI, with 45% of IT decision-makers prioritizing it in their 2025 budgets [6][3] Summary by Sections Industry News and Commentary - Huawei's HDC 2025 introduced HarmonyOS 6 and the CloudMatrix384 architecture, which integrates 384 Ascend NPUs and 192 Kunpeng CPUs, enhancing AI processing capabilities significantly [4] - The Pangu Model 5.5 was upgraded, featuring a new 718B deep thinking model that excels in natural language processing and knowledge reasoning [4] - Amazon's survey indicates that 90% of enterprises have begun deploying generative AI tools, reflecting a strong commitment to AI integration in business processes [6] Weekly Market Review - The computer industry index fell by 1.83%, underperforming the CSI 300 index, which declined by 0.45% [10] - The overall P/E ratio for the computer industry is 48.7 times, with 81 stocks rising, 275 falling, and 3 remaining unchanged [12] Investment Recommendations - The report suggests focusing on several sectors: 1. Xinchuang Sector: Recommended companies include Longxin Zhongke, Kingsoft Office, and Dameng Data [15] 2. Huawei Supply Chain: Recommended companies include Daotong Technology and Digital China [15] 3. AI Sector: Strong recommendations for Zhongke Chuangda and Shengshi Technology [15] 4. Financial IT Sector: Strong recommendation for Hengsheng Electronics [15] 5. Low-altitude Economy: Suggested companies include Wanfeng Aowei and Leshi Information [15]