CITIC Securities: Meta confirms $60 billion AI investment plan, Zhongke Shuguang releases 640-card super node.

CICC Research Report pointed out that Meta announced on Friday that it will invest $600 billion in the United States before 2028 to build artificial intelligence data centers, recruit talent, etc. In addition, the company is cooperating with local utilities to obtain the water and electricity resources needed to operate data centers. The company stated that it has so far added 15 GW of energy to the power grids across the United States through direct investments. The research report pointed out that the current penetration rate of large AI models is still relatively low, and there is great potential for investment in computing power brought by large models. On the one hand, we continue to recommend the AI computing power sector, including core companies in the North American computing power industry chain and the domestic computing power industry chain; on the other hand, we also suggest paying attention to the AI application sector, including the progress of edge AI. In addition, we also recommend paying attention to the submarine cable and fiber optic cable sectors that have not seen significant increases in early stages but may improve in the future, as well as the quantum technology sector where domestic and foreign giants are increasing their investments.