Computing power is the infrastructure of artificial intelligence. With the introduction and iteration of various large models, there is a huge demand for computing power. As far as the Chinese market is concerned, the demand for computing power is relatively tight in the short term, and the rental price of computing power has also risen recently.

the computing power chip is the core of the computing power chain. at present, overseas suppliers mainly include avida, Intel and AMD, while domestic supply chains mainly include Huawei, cambrian (688256), haiguang information (688041), jingjiawei (300474), longxin zhongke (688047), etc. There are also many unlisted companies of computing power chip companies, such as Moore Thread, Days Smart Core and so on.

In addition to computing power chip manufacturers, there are many AI server manufacturers. The main suppliers of AI servers are Langchao Information (000977), ZTE (000063), Industrial Fulian (601138), Ziguang Co., Ltd. (000938), etc. They mainly produce AI servers for Avida and Intel chips.

In the domestic computing power, Huawei Shengteng is the most powerful one. There are many Huawei Shengteng server manufacturers, namely Hengwei Technology (603496), Digital China (000034), Tuowei Information (002261), Sichuan Changhong (600839), Tianyuan Dike (300047), High-tech Development (000628), Great Wall of China (000066), etc.

As the U.S. restricts the export of high-performance AI chips, domestic cloud manufacturers, computing power leasing manufacturers and large model manufacturers plan to start buying more local computing power, which also makes local computing power chip stocks have performed better recently.

Recently, there have been news that local computing power manufacturers have won the bid. On the evening of November 14, Hengwei Science and Technology announced that it had won the bid for the AI all-in-one machine of Zhongbei Communication. The price limit for the single cabinet of the AI all-in-one machine was 4.5 million yuan, and the winning amount was 2.112 billion yuan.

the main products of hengwei technology are all-in-one products of intelligent calculation visualization and training and pushing. The hardware carrier of the all-in-one machine is various AI computing servers. Prior to this, Hengwei Technology also purchased 0.408 billion yuan's ascending server from Digital China. This also shows that the scale of Huawei's rising servers is gradually expanding.

In addition to Huawei, Cambrian (688256) is also a very important local computing power provider. Cambrian previously won the bid for Zhejiang Taizhou Intelligent Computing Cluster Project (with a contract amount of 0.528 billion yuan) and Shenyang Automobile City Intelligent Computing Center Project (with a contract amount of 0.155 billion yuan). According to the brokerage research report, the two orders are expected to be concentrated in the fourth quarter.

in addition, there are many cloud manufacturers and computing power leasing manufacturers who purchase chips to build computing power centers to provide cloud services or rent them out to many customers who do not want to build their own computing power centers.

Different from overseas markets, China's three major operators, China Telecom (601728), China Mobile (600941) and China Unicom (600050), have all invested in the construction of a number of computing centers and participated in the construction of national computing platforms, playing a very important role in China's computing infrastructure.