CITIC Securities' research report highlights that in the first half of 2025, the computer industry is set to experience a significant acceleration in revenue, accompanied by a marked improvement in net profits. Specifically, the computing power segment, propelled by factors like accelerated capital expenditures, technological advancements, and an enhanced supply chain, has witnessed robust revenue growth. Meanwhile, the domestic IT substitution sector continues to demonstrate strong growth momentum, with expectations of further acceleration in the latter half of the year. Notably, product categories within this sector are anticipated to expand into new domains, such as industrial software. In the AI application sector, there has been a notable surge in its contribution ratio. This, coupled with cost-saving and efficiency-boosting initiatives, has led to significant improvements in profitability. A performance turnaround appears to be on the horizon. Looking ahead to the second half of 2025, AI's growth contribution to the computer sector is projected to increase even further. Considering fundamental improvements and profit growth, CITIC Securities remains optimistic about the prospects for a new wave of market trends.