According to a research report from CITIC Construction Investment Securities, the interim report pre-announcements from A-share listed companies in the computer sector, coupled with ongoing overseas model iterations, collectively signal the enduring prosperity of the AI industry chain. On one front, there has been a notable surge in the performance of AI hardware, such as AI servers and intelligent computing infrastructure. Meanwhile, software and AI application companies are also witnessing a rebound in their business operations and experiencing revenue growth. On the other front, overseas models like OpenAI, xAI, and Meta are continuously enhancing their capabilities in areas such as Agent, Coding, multimodal functions, and office integration. The competitive landscape among these models is now pivoting towards high-frequency application scenarios. Consequently, there is an anticipated simultaneous improvement in the demand for computing power on the inference side, infrastructure investment, and the commercialization of AI applications.