Investment Rating - The report maintains a positive outlook on the AI computing sector, indicating a sustained high level of prosperity in the industry [2]. Core Insights - The AI sector is experiencing robust growth, with multiple suppliers such as Xinxing, Taiko, and Wistron achieving record monthly revenues. For instance, Xinxing's revenue in June 2025 increased by 55% year-on-year, and further growth is expected in Q3 due to strong demand from Nvidia's GB series [2][6]. - The mature process segment is stabilizing, with companies like UMC and World Advanced reporting revenue growth of 3% and 6% respectively in Q2 2025. UMC anticipates a 5-7% increase in wafer shipments due to rising demand [2][14]. - The memory sector is recovering from production cuts and inventory destocking, with expectations of price increases in the second half of 2025. For example, Nanya Technology's revenue in June reached a near 35-month high [2][15]. - The logic chip segment shows stable demand, with MediaTek reporting an 18% year-on-year revenue increase in Q2 2025, and a strong market position in mobile application processors [2][16]. - Passive components are also benefiting from AI demand, with Yageo achieving record revenue growth of 11% year-on-year in June 2025 [2][18]. Summary by Sections AI Sector - The AI sector is characterized by high growth, with significant revenue increases across various suppliers, particularly in the server management chip and testing equipment segments [2][6][11]. Mature Process - Companies in the mature process segment are seeking differentiated growth strategies, with stable revenue growth reported by UMC and World Advanced [14]. Memory Sector - The memory sector is expected to see price recovery due to seasonal demand and inventory adjustments, with notable revenue increases from major players [15]. Logic Chips - The logic chip market remains stable, with MediaTek leading in market share and expanding into new areas such as AI ASICs and automotive chips [16]. Passive Components - The demand for passive components is driven by AI applications, leading to significant revenue growth for companies like Yageo [18].