计算机行业研究：ChatGPT上线电商功能，阿里发布夸克AI眼镜

Investment Rating - The report suggests a focus on the generative AI model leader iFlytek, AI hardware companies such as Hikvision, Hongsoft Technology, and Hesai, as well as companies like Maifushi that can enhance paid rates and ARPU through AI-related functionalities [3] Core Insights - The AI design platform Lovart has integrated Google's latest image generation model NanoBananaPro, introducing new features that allow processing of up to 14 images simultaneously while maintaining style consistency [2] - OpenAI launched a new feature called "ShoppingResearch" on the ChatGPT platform, providing personalized shopping research and recommendations through conversational interactions [2] - Alibaba released its first AI smart hardware product, Quark AI Glasses S1, which serves as a personal assistant with various functionalities [2] - The computer industry showed weak performance in November, contrary to historical trends, primarily due to external pressures such as geopolitical conflicts and internal factors like weak revenue growth [2][11] - The report anticipates a rebound in the spring following a three-month correction, with historical data suggesting a new round of elasticity typically follows a 2-4 month correction in non-bear market phases [2] Summary by Sections Computer Industry Insights - The report identifies high-growth areas for 2025, including AI computing power and LiDAR, with accelerating growth in AI applications and stable growth in software outsourcing, financial IT, quantum computing, data elements, EDA, and overseas software [10][12] - The report highlights the current pressures on certain sectors, such as industrial software and medical IT, while noting that sectors like smart transportation and government IT are stabilizing [10][12] Market Performance Review - From November 24 to November 28, 2025, the computer industry index (Shenwan) decreased by 3.08%, outperforming the CSI 300 index by 1.44 percentage points [13] - The report lists the top five companies with the highest gains and losses during this period, indicating a mixed performance across the sector [14] Upcoming Key Events - The report highlights two significant upcoming events: the "Artificial Intelligence +" Industry Ecosystem Conference and the 8th GAIR Global Artificial Intelligence and Robotics Conference, suggesting that these events may present opportunities within the industry [24][25]