CITIC Securities: DeepSeek new generation model is expected to accelerate the full landing of AI applications, focus on three main lines

CITIC Securities said in a research report that recently, DeepSeek burst into the world, known for its strong capacity, low-cost features, the global AI industry chain to bring a strong reference significance. 2025 January 20 release of DeepSeek-R1 performance against OpenAI o1 official version, which emphasizes the route of reinforcement learning technology, reasoning ability, cost-effective and outstanding. CITIC Securities believes that the release of DeepSeek's new generation of models means that the application of AI big models will gradually move towards popularization, accelerating the comprehensive landing of AI applications; at the same time, it is expected to open a new Scaling Law, the model focus is gradually switched from the pre-training to the stage of reinforcement learning, reasoning, and boosting the demand for arithmetic power to continue to grow. It is recommended to focus on tools software and other key industry software, general management software, AI arithmetic three main lines.