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commentary · [1 source] · · 中文(ZH) 银河证券:建议关注景气度较高的上游算力基础设施
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Galaxy Securities recommends focusing on upstream computing power infrastructure amid AI sector divergence

Galaxy Securities suggests focusing on the upstream computing power infrastructure sector within the AI industry. The firm notes a significant divergence in the AI sector during April, with hardware outperforming software and applications. This trend is driven by strong performance in domestic computing power supply chains, which have exceeded expectations, attracting investor interest. AI

Summary written by gemini-2.5-flash-lite from 1 source. How we write summaries →

IMPACT Investors are advised to consider upstream computing power infrastructure, particularly domestic supply chains, due to strong performance and investor preference.

RANK_REASON The article is an analysis and recommendation from a securities firm regarding investment in the AI sector, rather than a direct announcement of a new development.

Read on 36氪 (36Kr) →

COVERAGE [1]

  1. 36氪 (36Kr) TIER_1 中文(ZH) ·

    Galaxy Securities: Recommends focusing on upstream computing power infrastructure with high prosperity

    36氪获悉,银河证券认为,4月人工智能板块在板块内部仍然呈现出结构严重分化的特征,整体呈现硬件强、软件及应用弱的结构,短期看来地缘冲突以及油价中枢维持高位震荡的影响弱化,但受到财报季的影响,上游算力基础设施尤其是国产算力业绩大幅超预期,资金也更加青睐业绩确定性较强以及预期较高的板块及公司,短期来看结构分化仍然在延续,建议关注景气度较高的上游算力基础设施,尤其是国产算力产业链。