Highlights of the securities firm's morning meeting | Under the wave of AI, MLCC ushers in a new round of uptrend cycle.

On May 20th, the market rebounded after probing the bottom. The Shanghai Composite Index and the Shenzhen Component Index both turned red, with the Sci-Tech Innovation 50 Index soaring by over 3%, after previously falling by over 2%. The total turnover of the Shanghai and Shenzhen stock markets was 2.89 trillion, a decrease of 74 billion from the previous trading day. In terms of sectors, the semiconductor industry chain collectively strengthened, the power sector was repeatedly active, and the Siasun Robot&Automation concept continued to be strong. At the close, the Shanghai Composite Index rose by 0.92%, the Shenzhen Component Index rose by 0.26%, and the ChiNext Index fell by 0.16%. At the brokerage morning meeting today, CITIC SEC emphasized that under the AI wave, MLCC is entering a new upswing cycle; CICC believes that the necessity of power dispatch software is highlighted and expected to see a simultaneous increase in volume and price. CITIC SEC: Under the AI wave, MLCC is entering a new upswing cycle MLCC is widely used in servers and optical modules. It is expected to benefit from the upgrade in server power, vertical power supply, and 800V, ushering in the opportunity for a simultaneous increase in volume and price. Currently benefiting from AI demand prosperity, the MLCC industry is entering a new cycle of rising prices and prosperity. CITIC SEC is optimistic about local manufacturers seizing the opportunity for development in high-specification products such as servers and vehicle rules. CICC: Necessity of power dispatch software highlighted, expected to see a simultaneous increase in volume and price CICC believes that energy storage and power distribution systems constitute important physical foundations. With the increase in the proportion of green electricity directly connected to computing power centers and consumption, the energy storage ratio may further increase. Companies with strong grid understanding capabilities and the ability to collaborate deeply with computing power integrated energy storage systems are expected to stand out. On the other hand, CICC believes that in the face of cross-regional and even future collaborative computing power and power grids, the complexity of fitting high-precision computing load curves with power curves increases significantly. The necessity of power dispatch software is highlighted, and it is expected to see a simultaneous increase in volume and price. This article is reprinted from Caijing Association, GMTEight Editor: Chen Wenfang.