[CITIC Securities: Optimistic About AI Application Deployment and Growth in AI Computing Power Demand] CITIC Securities' research report states that OpenAI has launched GPT-5.5, and DeepSeek has released a preview version of DeepSeek-V4. Both GPT-5.5 and DeepSeek-V4 emphasize extreme compression of inference costs. This does not imply that computing power demand has peaked; on the contrary, the reduction in single-use costs may trigger exponential growth in Token consumption. The firm remains optimistic about the upcoming explosion in AI applications and maintains a long-term positive outlook on the North American computing power supply chain and domestic AI computing power pioneers. (People's Financial News)