Open Securities: Maintains Wave Information's "Buy" rating, continuous strong demand for computing power.

Open source securities research report pointed out that Inspur Information's performance in the first half of 2026 exceeded expectations, with continued strong demand for computing power. The company is expected to achieve a net profit attributable to the parent of 2.6-3.1 billion yuan in the first half of 2026, an increase of 226%-288% year-on-year; performance exceeded market expectations. In order to solve the two major bottlenecks of interaction speed and token cost faced by the industrialization of intelligent bodies, and to provide support for the scale landing of multi-intelligent body collaboration and complex task reasoning, the company has released the super-node AI server MetaBrain SD200 and the super-extended AI server MetaBrain HC1000. As a leader in AI servers, it is expected to benefit from the increasing demand for AI computing power and maintains a "buy" rating.