China Galaxy Securities pointed out that in November, the artificial intelligence sector maintained a volatile trend, falling slightly, and trading volume continued to shrink. We believe it was mainly affected by two major factors: Nvidia's third-quarter earnings report exceeded expectations, but the stock price performance was sluggish, stemming from market concerns about the AI bubble and the impact of Google's TPU; in addition, with the disclosure of the three quarterly reports of listed companies, the sector lacked catalysis, and short-term trading opportunities for some individual stocks were unsustainable. At the current juncture, we still recommend focusing on performance-supporting segments and leading companies in the artificial intelligence sector, and suggest a dips layout.

China Galaxy Securities pointed out that in November, the artificial intelligence sector maintained a volatile trend, falling slightly, and trading volume continued to shrink. We believe it was mainly affected by two major factors: Nvidia's third-quarter earnings report exceeded expectations, but the stock price performance was sluggish, stemming from market concerns about the AI bubble and the impact of Google's TPU; in addition, with the disclosure of the three quarterly reports of listed companies, the sector lacked catalysis, and short-term trading opportunities for some individual stocks were unsustainable. At the current juncture, we still recommend focusing on performance-supporting segments and leading companies in the artificial intelligence sector, and suggest a dips layout.