CITIC Securities: The technology sector rebounds strongly in April, sticking to four main lines of technology sector momentum

Crypto World News reports that CITIC Securities research reports indicate that in April, the technology sector experienced a strong recovery, with hardware significantly outperforming software, and AI computing power chains leading in prosperity. Looking ahead to May and June, models will enter a new weekly iteration stage, and it is expected that major model companies will have large version updates around mid-year, with commercialization accelerating into a positive cycle. The prosperity continues, and the market persists; it is recommended to adhere to four main lines of technological prosperity: 1) domestic large model companies that are about to enter version iteration windows and still rapidly increasing ARR; 2) semiconductor equipment companies benefiting from the continued expansion of domestic storage and advanced process manufacturing, with rising localization rates; 3) leading companies in optical communication with high performance certainty that can supply materials, along with upstream supply tensions and price increase expectations for optical chips; 4) upstream of the computing power chain with gradually increasing AI exposure, such as MLCC, analog, electronic wiring, CCL, and other segments. At the same time, it is worth noting the low-position resilience directions of autonomous driving and humanoid robots, awaiting more catalysts.