SWHY(000166) 证券时报网·2025-02-27 08:15Core Viewpoint - The rapid development of AI technology is reshaping the global tech landscape, with China's AI industry at the forefront, showcasing both significant advancements and challenges for investors [1]. Group 1: Technological Advancements - China's language models are closing the gap with international standards, although there is still room for improvement [1]. - Tools like DeepSeek demonstrate China's capabilities in Chinese text processing, achieving international levels in language models [3]. - The trend of local deployment of AI models is driven by factors such as data security concerns and the democratization of technology [3]. Group 2: Investment Strategies - Investment should follow industry development logic, focusing on interdisciplinary fields where AI intersects with hardware, software, and manufacturing [2]. - Prioritizing investments in hard technology is recommended, as it aligns better with traditional financial frameworks [2][10]. - Investors are advised to select representative large-cap stocks or popular stocks and funds in trending sectors [2][10]. Group 3: Market Dynamics - The shift in investment focus from hardware to software and cloud services is a natural progression as application adoption accelerates [6]. - The AI industry development cycle typically progresses from algorithm development to computing power, followed by application growth, creating opportunities in sectors like smart glasses and memory storage [7]. - The market is expected to see increased demand for computing power in real-time calculations and applications, despite initial concerns about reduced demand due to algorithm optimization [6]. Group 4: Future Outlook - The next 3-5 years will see significant opportunities in hard technology AI fields, particularly in robotics, low-altitude economy, and smart vehicles [8]. - Long-term prospects (5-10 years) should focus on foundational research areas like AI in pharmaceuticals and materials science, where there is substantial growth potential [8]. - The unique trajectory of China's tech development, characterized by widespread participation and innovation, contrasts with Western investment theories, suggesting a need for a tailored valuation approach [9].