The computing power bottleneck issue has once again come to the forefront! The Hong Kong stock market saw significant gains in the computing hardware sector, with Changfei Fiber Optic’s market capitalization surpassing 100 billion yuan.

①The computing power hardware sector in Hong Kong stocks has strengthened again. What are the new positive factors driving short-term trends? ②Changfei Optical Fiber surged over 13%. Which other stocks are receiving capital attention?

Driven by the rising wave of AI fever since the beginning of the year, Hong Kong-listed stocks in the computing power hardware sector once again performed strongly today.

As of the time of writing, $YOFC (06869.HK)$ The stock surged over 14%, with its market capitalization surpassing HKD 100 billion. $BIREN TECH (06082.HK)$$INNOSCIENCE (02577.HK)$ Both stocks rose more than 9%. $SMIC (00981.HK)$ Other chip stocks also saw significant gains.

In the short term, AI industry chain companies such as Zhipu have gained substantial attention during the Spring Festival holiday. $BABA-W (09988.HK)$$TENCENT (00700.HK)$ Large-scale implementation of AI applications from major companies. However, the bottleneck issue in computing power has once again come to the forefront.

$KNOWLEDGE ATLAS (02513.HK)$ On February 16, it was announced that due to a global surge in demand for GLM-5, concurrent access exceeded the originally planned limit, resulting in service queues, delayed responses, and lagging, impacting some users’ experience.

Guosheng Securities pointed out that the current breakthroughs by ByteDance and Alibaba focus on the scaled implementation of AI applications at the application level. Domestic AI applications are transitioning from ‘technology research and development’ to ‘scaled implementation.’ Behind this shift lies a rigid demand for AI computing resources, which could inject strong momentum into the domestic AI computing industry, bringing structural opportunities.

Notably, the pre-holiday viral popularity of Seedance 2.0 once acted as a catalyst for AI-related stock movements in Hong Kong. According to IDC estimates, however, its multi-lens, high-resolution video generation consumes 3-5 times more computing power per video compared to standard video generation models.

On the other hand, SK Hynix ( $CSOP SK Hynix Daily (2x) Leveraged Product (07709.HK)$ ) recently disclosed the latest developments in the memory market to Goldman Sachs, further signaling tight supply and demand conditions in the computing power supply chain. The company revealed that current DRAM and NAND inventories are down to about four weeks, with no customers able to fully meet demand.

Overall, driven by the convergence of surging AI demand and supply bottlenecks, memory chips are entering a full-fledged ‘seller’s market,’ indicating that computing power hardware and other infrastructure remain at the core of AI’s phased development.

Looking ahead, $NVIDIA (NVDA.US)$ NVIDIA CEO Jensen Huang recently revealed in an interview that this year’s GTC conference will unveil a product that is ‘unprecedented in the world.’ As the keynote speech on March 15 approaches, it may continue to drive the subsequent performance of the computing power concept.

Editor/KOKO



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