China Post Securities·2025-08-27 05:42Industry Investment Rating - The investment rating for the computer industry is "Outperform the Market" and is maintained [1][8] Core Viewpoints - The report highlights that China Mobile plans to procure approximately 7,058 AI general computing devices (inference type) for 2025-2026, with a capital expenditure of 37.3 billion yuan for AI computing resources [4][5] - The procurement project by China Mobile has a total value exceeding 5 billion yuan, divided into six packages, with significant portions allocated to CUDA and CANN ecosystem devices [4][5] - Huawei's Ascend 910C is noted to have performance comparable to NVIDIA's H100, indicating that domestic computing power can meet the inference needs of large AI models [5] Summary by Relevant Sections Industry Basic Situation - The closing index for the computer industry is 5,804.0, with a 52-week high of 5,804.0 and a low of 2,805.53 [1] Recent Research Reports - The report mentions the acceleration of AI deployment by China Mobile, with a focus on general computing devices for inference [4] - The report provides details on the winning bidders for the procurement, with ZTE winning the largest share at 885 million yuan [5] Investment Recommendations - The report suggests focusing on the domestic computing power supply chain, highlighting companies associated with Huawei and other ecosystems [6]