Shanghai Aijian Securities·2026-01-12 08:35Investment Rating - The report rates the electronic industry as "Outperform" compared to the market [1]. Core Insights - The SW electronic industry index increased by 7.74% this week, outperforming the CSI 300 index, which rose by 2.79% [2][5]. - NVIDIA announced the full-scale production of its Rubin platform, which includes six new chips designed to meet the growing demand for AI computing power, achieving training performance 3.5 times that of the previous generation and inference performance 5 times higher [22]. - AMD introduced its latest data center chips, entering the 2nm era, emphasizing AI as a core component of next-generation computing infrastructure [23][24]. - xAI, a company founded by Elon Musk, successfully raised $20 billion to accelerate its computing infrastructure expansion [26]. - The report suggests focusing on investment opportunities in domestic high-performance GPUs, CPUs, and connectivity chips due to the advancements in AI technology [2]. Summary by Sections Market Review - The SW electronic industry index ranked 7th out of 31 sectors this week, with significant gains in semiconductor materials and equipment [2][5]. - The top-performing stocks in the electronic sector included Zhenlei Technology (+48.18%) and Kema Technology (+42.68%) [12]. Global Industry Dynamics - NVIDIA's Rubin platform is a significant technological breakthrough in AI chips, featuring advanced interconnect technology and optimized data center performance [22]. - AMD's new AI accelerators and EPYC server CPUs are designed to meet extreme AI training and inference demands, showcasing a competitive edge in the 2nm technology space [23][24]. - ByteDance's AI glasses are set for mass production, with an initial plan of 100,000 units [25]. - Domestic GPU company TianShu ZhiXin successfully went public, marking a significant milestone in the Chinese GPU market [27][28].