机构加仓AI硬件，看好算力产业链持续高景气

Investment Rating - The investment rating for the electronic industry is "Positive" [2] Core Insights - The electronic industry allocation ratio reached 18.3%, maintaining the top position in the market, with an overweight ratio of 7.0% [10][16] - The semiconductor sector is experiencing accelerated domestic substitution, with a positive outlook for the second half of the year [20] - The consumer electronics sector is benefiting from AI empowerment, with a focus on valuation recovery opportunities [29] - The components sector is seeing significant growth due to global AI infrastructure development [33] Summary by Sections Semiconductor Sector - Institutional holdings in the semiconductor sector accounted for 9.94%, a decrease of 1.06 percentage points from the previous quarter [20] - The second quarter saw a gradual recovery in downstream demand and orders returning to normal levels [20] - Key companies with increased institutional holdings include Huahong Semiconductor, Zhaoyi Innovation, and OmniVision [20] Consumer Electronics Sector - Institutional holdings in the consumer electronics sector were 3.16%, down 0.87 percentage points [29] - Companies like Industrial Fulian, Lens Technology, and Huakin Technology saw increased institutional holdings [29] - AI applications in both cloud and edge computing are expected to drive sales growth in consumer electronics [29] Components Sector - The components sector's institutional holdings increased to 3.73%, up 1.44 percentage points [33] - Benefiting from the global AI infrastructure boom, companies like Shenghong Technology and Huitian Technology received significant institutional support [33] - The sector is expected to experience a "Davis Double" effect due to strong demand from cloud vendors and sovereign AI investments [33] Optical and Optoelectronic Sector - Institutional holdings in the optical and optoelectronic sector were 0.74%, a slight decrease of 0.08 percentage points [3] - Companies like BOE Technology and TCL Technology saw increased institutional support [3] Electronic Chemicals Sector - The electronic chemicals sector maintained an institutional holding ratio of 0.49% [3] - Companies such as Anji Technology and Dinglong Co. received increased institutional investments [3]