On June 17th, the A-share consumer electronics sector opened high and continued to rise, with the Wind Consumer Electronics Contract Manufacturing Index increasing by 3.64%, and the semiconductor industry chain leading the gains.

By the close, Apple concept stocks continued to rise, with Dongshan Precision (002384.SZ), Lingyi Intelligent Manufacturing (002600.SZ), Desay Battery (000049.SZ), and Peng Ding Holdings (002938.SZ) all hitting the daily limit, while Luxshare Precision (002475.SZ) rose by more than 7%, and Goertek (002241.SZ), Wantai Technology (600745.SH), and others followed suit. Several consumer electronics ETFs rose by more than 3% at the end of the day.

As Apple showcased its AI strategy at the "Worldwide Developers Conference," the capital market's optimism for the consumer electronics sector continues to improve.

Dixing Hua, a fund manager at Guohai Franklin Fund, analyzed for Yicai that although artificial intelligence is in its infancy, its potential to enhance productivity cannot be ignored. Among them, areas such as computing power, network architecture, and general software contain long-term investment value, with a particular focus on the development and commercialization of large-scale technology models at home and abroad in computing power and application ends.

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Shenwan Hongyuan Securities believes that the fundamentals of technology growth are indeed at the bottom, but the clues for high elasticity improvement are not yet clear, and the "science and technology valuation" market may also need to "buy on expectation, sell on realization."

The consumer electronics sector continues to warm up, and companies in the Apple supply chain are closely watched.

Recently, the consumer electronics and semiconductor sectors have been continuously warming up.

Last week, Apple introduced a series of new artificial intelligence features at the "Worldwide Developers Conference" on June 10th, leading to a reassessment of Apple's value, and U.S. technology stocks have ushered in a new round of strong growth.

On the 11th, local time, the three major U.S. stock indices showed mixed performances, with the Nasdaq and the S&P 500 both hitting historical closing highs. Large technology stocks rose across the board, with Apple closing up 7.26%, setting a historical high in stock price, followed by gains from Microsoft, Amazon, Google, and others.

CICC believes that Apple's introduction of the Apple Intelligence feature will support the upgrade of the iPhone 15 Pro series and above, which is expected to significantly increase users' demand for device upgrades, thereby promoting the growth of Apple's sales. At the same time, improvements in AI user experience will further stimulate users' enthusiasm for upgrading, and domestic Apple supply chains are also expected to benefit deeply as a result.On June 17th, after the market closed, on the Shenzhen Stock Exchange's investor interaction platform, Luxshare Precision was asked if the company has new product development in response to Apple's development of AI, such as computing power servers; and what is the company's layout in the server OEM field against the backdrop of a shortage of AI servers?

Luxshare Precision responded by saying that it is not convenient to disclose specific customers and specific products, but the company has maintained a stable cooperative relationship with domestic and foreign customers in the communication field for a long time.

Dongshan Precision was also asked: "How is your company's business with Apple?" In response, Dongshan Precision stated that due to the principles of commercial confidentiality, the company is not convenient to disclose specific customer information.

In addition, several other companies were asked about their cooperation plans with Apple. "Are you an Apple supplier?" "Do you have business dealings with Apple?"

Tongxingda (002845.SZ), which was asked, stated on the investor interaction platform after the market that the company's products can be applied to AI mobile phone related fields, and there is no business dealings with Apple at the moment.

Haojiang Intelligence (301320.SZ) replied to the question by saying that the company's technology does not involve the fields you mentioned; Xie Chang Technology (301418.SZ) stated that the company does not have direct business dealings with Apple, and the downstream applications of the company's customers involve the customers' commercial secrets.

The "Ketugu" concept is sought after.

Consumer electronics demand is expected to improve, and the semiconductor sector is also showing a clear recovery.

Recently, the A-share chip sector has been active, with the semiconductor materials ETF and chip ETF both recording increases for four consecutive trading weeks, with cumulative increases of 8.1% and 7.9% respectively since June.

In terms of news, on May 27th, the third phase of the National Big Fund was established with a registered capital of 344 billion. The third phase will increase investment in core technologies and key components, with semiconductor equipment and materials being the main direction.In response to this, Great Wall Securities stated that according to IDC forecasts, China's AI chip shipments are expected to grow by 22.5% year-on-year in 2023, and the market size for artificial intelligence chips is projected to reach 72.6 billion US dollars by 2025. Companies in related industries are worth paying attention to.

The "Sci-Tech valuation" concept, represented by semiconductors and others, is also a key focus for institutions. China Merchants Securities indicated that technology stocks, due to their certain growth attributes, have specific valuation methods. Among them, the consumer electronics and semiconductor sectors in A-shares are showing improved trends, AI-related fields are waiting for technological breakthroughs, and the Hang Seng Internet is waiting for interest rates to decline, all of which have the logic and potential to enhance valuations in the future.

Huaxia Fund analyzed that the current valuation of technology stocks is at a relatively low historical level. On the trading side, the stock prices of the information technology industry sector, represented by chips, have experienced a continuous decline. The prosperity of the vast majority of industry branches has bottomed out and reversed, coupled with the subsequent expansion cycle of storage giants, the industry's fundamental outlook is expected to continue to improve. Subsequently, one can also focus on the low valuation large-cap growth in TMT and pharmaceuticals based on the "Sci-Tech valuation" catalyst, and further observe market recognition.

Zhang Zhan, the fund manager of the Yifangda Artificial Intelligence ETF, believes that the global AI industry is developing rapidly, with new applications accelerating and the computing power market growing rapidly. In the domestic market, with the improvement of the capabilities of underlying large models and the breakthrough of domestic computing power chips, new technologies and products in the AI field are expected to gradually contribute more growth space.

Deng Xinyi, the general manager of the research department of Nuoan Fund, believes that the global AI industry is fulfilling its performance as expected from overseas hardware, while AI applications in various fields at home and abroad continue to emerge. She also maintains an optimistic attitude towards the progress of domestic large models and applications.

Deng Xinyi judges that the traffic of domestic AI applications has just started, and it may quickly usher in differentiation and focus in different terminal scenarios in the future. In addition, the demand for inference-side computing power will increase significantly during the industry development process, which will further accelerate the process of domestication of computing power hardware and will also support the storage, communication, energy structure, semiconductor, and other sub-sectors in the industry chain.