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| 【Sector Research】US Internet & Software - 2026 outlook: AI applications to ramp up; eyes on AI investment return |
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| 【Company Research】Innolight (300308 CH) - A clear beneficiary of global AI infrastructure capex; remains our top pick in 2026 |
| 【Company Research】J&T Express (1519 HK) - Takeaways from Bangkok investor call |
| 【Company Research】Adobe (ADBE US) - Inline 4QFY25 results; accelerating AI integration to drive business growth |
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| 【行业研究】科技 - 2026展望:算力高景气延续,关注端侧AI创新机遇 |