CITIC Construction Investment: The semi-annual report of the computer sector has successively disclosed that AI computing power and hardware continue to be booming

The CITIC Construction Investment Securities Research Report pointed out that the semi-annual report forecast of the A-share computer sector and the iteration of overseas models jointly verified the continuation of the prosperity of the AI industry chain: on the one hand, the performance of hardware chains such as AI servers and smart computing infrastructure is outstanding, and software and AI application companies have also begun to reflect business restoration and revenue implementation; On the other hand, overseas models such as OpenAI, xAI, and Meta continue to strengthen Agent, Coding, multimodal, and office entrances. Model competition has shifted from capability verification to high-frequency scenario implementation. Inference-side computing power consumption, infrastructure investment, and AI application commercialization are expected to continue to resonate.