行业周报：科技立国，把握算力、存力、AI终端投资机会-20251026

Investment Rating - The industry investment rating is "Overweight" [1] Core Insights - The technology sector has rebounded significantly, with the electronic industry index rising by 9.1% during the week of October 20-24, 2025. Notably, consumer electronics increased by 10.0%, and semiconductors rose by 8.5% [4] - The report highlights the focus on domestic technology self-sufficiency as a key goal, which is expected to drive growth in the domestic computing sector and innovation cycles in consumer electronics [7] Market Review - The report notes that major companies such as Micron and Samsung are adjusting their pricing strategies, with Micron halting server chip supplies to China and expected price increases of up to 30% for DRAM and NAND flash memory products in Q4 2025 [6] - The introduction of new AI products by major players like Apple and Samsung is expected to enhance market dynamics, with Apple Intelligence set to enter the Chinese market by the end of 2025 [5] Key Beneficiaries - The report identifies key beneficiaries in the sector, including companies like SMIC, Huahong Semiconductor, Cambricon, Tongfu Microelectronics, Demingli, Jiangbolong, Industrial Fulian, Shenghong Technology, and Luxshare Precision [7]