算力投资加速，应用边界持续拓展

Group 1 - The core viewpoint of the report highlights the acceleration of computing power investment and the continuous expansion of application boundaries in the AI industry, indicating a shift from a technological breakthrough phase to a systematic construction phase [2][5] - Major tech companies are intensifying their investments in computing power and infrastructure, with OpenAI and Amazon entering a $38 billion computing power procurement agreement, and Meta planning to invest $600 billion in AI data centers by 2028 [2][4] - AI application scenarios are expanding, with notable advancements in embodied intelligence, as demonstrated by Google's upgraded Earth AI and Xiaopeng's humanoid robot launch, showcasing the potential of AI in various sectors [3][4] Group 2 - The AI-related sectors in the US stock market experienced a slight decline due to high valuation pressures and decreased global market risk appetite, although several leading AI companies reported solid financial performance [3][5] - The report emphasizes the long-term confidence in AI infrastructure investments, projecting revenues exceeding $100 billion, while hardware and power equipment manufacturers have also exceeded expectations [5] - The report recommends specific companies for investment, including Tian Gong International, Sileck, and Hangcha Group, which are positioned to benefit from the growing AI and robotics markets [6][14]