电子元器件行业周报：英伟达FQ1业绩大超预期，联想PC业务全面复苏

Investment Rating - The report maintains an "Outperform" rating for the industry [1] Core Insights - The AI sector continues to show high growth potential, with NVIDIA's FY25Q1 revenue reaching $26 billion, a 262% year-over-year increase, driven by strong demand for its Hopper platform for generative AI training and inference [3][30] - Lenovo's FY2024Q4 results indicate a return to growth, with revenue of $13.83 billion, a 9% year-over-year increase, and a significant recovery in its PC business, which is expected to benefit from the rise of AI PCs [3][41] - The report highlights a price increase in certain TV and monitor panel sizes, while storage prices are under slight pressure due to inventory adjustments in the consumer market [3][22][24] Summary by Sections Key Company Earnings Forecasts - Lixun Precision: EPS forecast for 2024 is 2.00 CNY, with a PE ratio of 16 [2] - Lighton Technology: EPS forecast for 2024 is 0.78 CNY, with a PE ratio of 26 [2] - Wogao Optoelectronics: EPS forecast for 2024 is 1.07 CNY, with a PE ratio of 22 [2] - Qianzhao Optoelectronics: EPS forecast for 2024 is 0.31 CNY, with a PE ratio of 20 [2] - Xinyi Technology: EPS forecast for 2024 is 1.21 CNY, with a PE ratio of 17 [2] Industry Overview - The Chinese tablet market saw a 6.6% year-over-year increase in Q1 2024, with Huawei leading in market share at 36.3% [5] - The report notes that the demand for AI PCs is expected to grow significantly, with projections indicating that AI PCs could account for nearly 60% of global PC shipments by 2027 [3][41] Hardware Innovation Tracking - Micro LED technology is gaining traction, with applications expanding beyond large displays to mid and small-sized displays [8][10] - The report highlights new product launches in the Mini LED and Micro LED segments, indicating a competitive edge in the gaming monitor market [12][13] Price Trends - Prices for certain TV panel sizes have increased, with 65-inch panels averaging $178, a 1.1% increase from the previous month [22][23] - Storage prices for DDR4 series have shown slight declines, with average prices for various configurations reported [24]