Guotai Haitong: Maintain "Outperform" rating for the overseas AI computing power and application industry chain

Golden Ten Data reported on May 31 that Guotai Haitong maintains an "overweight" rating for the overseas AI computing power and application industry chain. According to its research report, the rapid growth of OpenAI and Anthropic not only demonstrates the continuously expanding capability boundaries of AI models, but also drives up demand across the entire AI industry chain. The report suggests focusing on three main areas: (1) hardware supply chain components such as GPU/ASIC, CPU, storage, advanced processes and advanced packaging, and semiconductor equipment that benefit from the computing power expansion of OpenAI and leading global model providers; (2) cloud providers and infrastructure platforms that undertake AI workloads and model distribution; (3) application companies equipped with comprehensive ecosystems and capabilities for deployment across all scenarios.