Investment Rating - The industry investment rating is "Recommended," indicating an expected increase in the industry index by more than 5% over the next 3-6 months compared to the benchmark index [21]. Core Insights - The rapid development of space AI is expected to create new business opportunities in space-based intelligence, with significant advancements from companies like SpaceX and NVIDIA [2][9]. - SpaceX plans to enhance its Starlink V3 satellite scale and establish a space data center, which could alleviate AI computing resource bottlenecks [9]. - NVIDIA's H100 GPU has been successfully sent to space, aiming to test its operational feasibility in orbit and enhance in-space computing capabilities [9]. - China's space computing constellation is accelerating, with plans to deploy over 50 computing satellites by 2025, enhancing data processing efficiency [9]. Company Financial Forecasts and Valuation - Key companies in the industry and their financial metrics are as follows: - Unisoc: Market Cap 67.27 billion, EPS 1.4 (2024A), PE 57.0 (2024A), PS 12.3 (2024A) [5]. - China Satellite: Market Cap 52.62 billion, EPS 0.0 (2024A), PE 1885.1 (2024A), PS 10.2 (2024A) [5]. - LightSpeed Technology: Market Cap 49.61 billion, EPS 0.8 (2024A), PE 75.0 (2024A), PS 6.0 (2024A) [5]. - Other companies include Softcom Power, Zhongke Star Map, and others with varying market caps and financial metrics [5]. Industry Basic Data - The computer industry consists of 337 listed companies with a total market capitalization of 61,235.75 billion and a circulating market capitalization of 55,346.10 billion [6]. Relative Index Performance - The absolute performance of the industry over the past 1 month is -3.1%, while the 6-month and 12-month performances are 24.7% and 22.6%, respectively [7]. - The relative performance compared to the benchmark shows a decline of -3.9% over 1 month, with increases of 2.6% and 9.7% over 6 months and 12 months [7].