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中文(ZH) 中金:AI产业链上游的部分细分领域为当前关注点

AI Industry Focus Shifts to Upstream Raw Materials and Infrastructure

A recent report from CICC highlights a shift in focus within the AI industry towards upstream raw materials and infrastructure. While sectors like semiconductors, optical modules, and PCBs have seen significant gains and are now considered crowded, the market is showing signs of expanding into less saturated areas. This includes segments such as small metals, electronic fabrics, and optical fibers, which have recently performed well. CICC suggests that the ongoing AI trend is likely to drive further style diffusion within the market rather than a complete systemic style rotation, with upstream AI supply chain segments being key areas of interest. AI

IMPACT The AI industry's focus is shifting towards upstream raw materials and infrastructure, potentially impacting supply chains and investment strategies.

RANK_REASON The item is an analyst report discussing market trends and investment focus within the AI industry.

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AI Industry Focus Shifts to Upstream Raw Materials and Infrastructure

COVERAGE [1]

  1. 36氪 (36Kr) TIER_1 中文(ZH) ·

    CICC: Some sub-sectors in the upstream of the AI industry chain are the current focus of attention

    36氪获悉,中金研报指出,近期AI行情显现扩散迹象,关注上游“卖铲子”领域再定价。开年以来A股市场延续较为明显的结构性行情,科技成长风格的创业板指及科创50明显跑赢,分别上涨30.9%/51.2%,AI产业链为核心主线。二季度以来AI板块波动有所放大,此前领涨的半导体、光模块、PCB等核心方向交易拥挤度处于历史高位水平,近期行情有逐步向拥挤度相对较低的AI相关上游原材料及基础设施领域扩散迹象,小金属、电子布、光纤等细分板块录得较好表现。中金认为AI产业趋势持续强化背景下,现阶段行情或更可能表现为风格扩散而非系统性风格切换,AI产业链上游的部分细分领域为当…