Investment Rating - The report maintains a "Positive" outlook for the electronic industry [4] Core Insights - The Deepseek integrated machine is driving AI acceleration across various industries, with multiple manufacturers launching products that support the Deepseek model, enhancing deployment efficiency [7][8] - The integration of hardware and software in Deepseek machines significantly lowers the technical barriers for AI deployment, creating new opportunities for various sectors [13][14] - Domestic chips are becoming a foundational element for Deepseek machines, with over 80 companies adapting or launching Deepseek models based on domestic chip technology [11][12] Summary by Sections Investment Recommendations and Targets - The report suggests focusing on investment opportunities in companies related to the Deepseek integrated machine supply chain, including: 1. Chips: Haiguang Information, Longxin Zhongke, Lanke Technology, and Cambricon 2. Complete machines: Hikvision, Lenovo Group, and Dahua Technology [2][18] Industry Dynamics - The report highlights the rapid industrialization of AI integrated machines, with significant advancements in the Deepseek model's application across cloud computing, intelligent computing, and data center sectors [8] - Various manufacturers are adopting domestic chips and frameworks to enhance their integrated machine solutions, promoting a more localized AI ecosystem [9][12] Technological Advancements - Deepseek integrated machines are designed for soft and hardware optimization, allowing for dynamic resource allocation and improved performance [11][12] - The machines are equipped with pre-deployed models and industry-specific adaptations, significantly reducing the time required for AI application deployment [13][14]