计算机：AI全产业链确定性再加强

Investment Rating - The report maintains an "Outperform" rating for the computer industry [2]. Core Insights - North American AI application companies have exceeded performance expectations, and the future demand for infrastructure is becoming clearer [4]. - The acceleration of AI applications by major internet companies is expected to lead to bulk orders for domestic training cards to meet high-speed inference needs [6]. - The development of AI terminals is promising, with advancements in AI glasses and smart driving technologies anticipated [7]. Summary by Sections Application Developments - Companies like AppLovin, Palantir, and Salesforce have shown significant progress in their respective fields, driving stock performance. AppLovin's stock rose by 630.46% from the beginning of 2024 to November 15, 2024, while Palantir's revenue reached $726 million, a 30% year-on-year increase, with a stock rise of 283.05% in the same period. Salesforce's new Agentforce platform has also contributed to a 24.16% stock increase [5]. Cloud Computing and AI Infrastructure - The report highlights three catalysts for domestic computing power: 1. Overseas policies restricting advanced chip supplies to mainland China, increasing the urgency for domestic production. 2. Domestic policies supporting AI computing power, particularly in the context of self-controlled innovation. 3. The expected increase in domestic AI chip production as a response to these policies [5]. AI Terminal Innovations - The report notes advancements in AI glasses, with companies like Meta and Apple making significant moves in this space. Additionally, Tesla's upcoming FSD V13 is expected to enhance autonomous driving capabilities significantly [7]. Investment Recommendations - The report suggests focusing on companies involved in domestic computing power, AI glasses, smart driving, and AI smartphones, including HaiGuang Information, Huafeng Technology, and others [7].