Investment Rating - The industry investment rating is "Positive" and is maintained [7] Core Insights - The computer sector experienced a significant increase of 9.12%, ranking 4th among primary industries in the Yangtze River region, with a trading volume accounting for 7.72% of the total market [2][4][15] - The recent listings of Zhiyu and MiniMax are expected to drive investment opportunities in domestic AI applications, with MiniMax's stock surging nearly 110% on its debut, reaching a market capitalization of over HKD 105 billion [6][49] - The report suggests focusing on domestic large model manufacturers, major cloud service providers, vertical scenario agent manufacturers, and the domestic computing power industry chain [6][49] Summary by Sections Market Performance - The computer sector saw a substantial rise, with the Shanghai Composite Index achieving a sixteen-day winning streak, closing at 4120.43 points, reflecting an overall increase of 3.82% [4][15] - AI-related stocks were particularly active, with notable gains in companies such as Starry Technology (+49.74%) and Zhuoyi Information (+43.33%) [17] Key Developments - NVIDIA launched the Alpamayo series of open-source AI models aimed at enhancing autonomous driving capabilities [20][22] - OpenAI introduced ChatGPT Health, a specialized version of ChatGPT designed for health and wellness applications [31][38] - China submitted a proposal to the ITU for multiple satellite constellations, totaling 203,000 satellites, indicating a strategic acceleration in the commercial space sector [41][42] Investment Recommendations - The report emphasizes the importance of the recent IPOs of Zhiyu and MiniMax, which may reshape the industry landscape and capital market pricing logic, shifting the focus from parameter competition to profitability and implementation efficiency [49][60] - Investors are encouraged to monitor developments in the AI application sector, particularly in relation to large model manufacturers and cloud service providers [6][49]
2026年第2周计算机行业周报：智谱及MiniMax上市带动国产AI应用行情-20260113