20231022-开源证券-计算机行业周报_周观点_持续看好华为产业链_10页_969kb

Report Summary: Computer Industry Weekly Analysis (October 2023)

Market Overview:

• This week (October 16-20, 2023), the CSI 300 Index fell by 417%, and the Computer Index dropped by 638%, indicating weak performance.

Key Viewpoint:

• Persistently optimistic about Huawei产业链, focusing on:
  • Huawei Kunpeng and Ascend: Accelerated by信创 initiatives and AI advances, with国产算力底座 development supported by芯片 like昇腾910B, which rivals NVIDIA A100. US chip export restrictions may spur domestic GPU growth.
  • Huawei HarmonyOS: Ecosystem booming with调增手机出货 targets (2023: 40 million units, 2024: 6-7 billion), user base exceeding 700 million, and计划 to expand to devices like smartwatches.

Investment Recommendations:

• Buy/增持 Huawei ecosystem stocks, including:
  • Hardware: 神州数码, 卓易信息.
  • Software and services: 软通动力, 润和软件, ERP: 赛意信息.
  • List of suggested受益标的 includes companies like中国软件 and鼎捷软件.

Risks:

• IT investment may fall short; competition intensifies; policy implementation could lag.

Additional Highlights:

• Industry trends include US chip restrictions, domestic AI advancements, and global developments like Xiaomi's new OS and OpenAI's focus on AGI.