计算机行业点评报告：微软（MSFT.O）：发布整合性应用市场，强化云计算和AI应用生态

Investment Rating - The report maintains a "Recommended" investment rating for the industry, indicating a positive outlook for future performance relative to the market [7]. Core Insights - Microsoft has launched the Microsoft Marketplace, integrating Azure Marketplace and Microsoft AppSource, to provide a wide range of cloud solutions and AI applications, enhancing its ecosystem [4][6]. - The comprehensive promotion of AI applications requires robust cloud computing and foundational solutions, which Microsoft is well-positioned to provide, thereby increasing customer loyalty to its cloud services [5][6]. - Microsoft is advancing its AI computing capabilities by constructing large-scale AI data centers, including a $3.3 billion investment in the Fairwater data center in Wisconsin, set to launch in early 2026 [6][7]. - The company is also expanding its AI application ecosystem, with over 3,000 new AI applications and intelligent agents available through the Microsoft Marketplace [4][5]. Summary by Sections Industry Performance - The computer industry has shown a performance of -1.9% over the last month, 19.5% over the last three months, and 75.0% over the last year, compared to the CSI 300 index which has performed at 3.2%, 16.4%, and 29.6% respectively [1]. Investment Recommendations - Investors are advised to focus on Microsoft's ongoing developments in AI data center construction and AI application promotion, as the global AI industry is still in a high-growth phase with significant upside potential [7].