Recently, the technology sector, particularly AI, has witnessed heightened volatility, accompanied by a marked divergence in market perspectives. However, the announcement of Changxin Technology's impending listing has reignited market enthusiasm for tech stocks, spurring a realignment in institutional investment strategies. Presently, the market is reassessing the profit allocation dynamics within the AI industry chain. The focus is shifting away from mere computing power demand and industrial penetration rates, towards core determinants such as supply constraints, technological barriers, and advantages in capital expenditure. The aim is to identify which entities will be the first to seize industrial profits. Furthermore, industry experts highlight that, amidst the evolving AI development landscape, the semiconductor equipment industry is embracing two novel primary drivers of performance growth: 'price hikes + overseas expansion'.