AI giants named, Morgan Stanley is bullish, CATL leads the rise in "the end of AI"

AI (artificial intelligence) has attracted the vast majority of the global market's attention. Any words and deeds of the bigwigs in the industry will greatly disturb the market. At a forum not long ago, OpenAI founder Sam Altman said that the future development of AI technology will be highly dependent on energy, and we need more photovoltaics and energy storage. As a godfather-level figure in the AI ​​industry, Altman's view has enough weight and influence, and the global photovoltaic energy storage sector has soared, attracting widespread attention and discussion.

This view is not just one person’s opinion, but a consensus among the current technology giants. At the Bosch Connected World 2024 conference, Tesla CEO Musk also predicted that within two years, the problem will change from “silicon shortage” to “power shortage”, which may hinder the development of AI. Musk has repeatedly stressed the urgency of solving the growing demand for electricity. He believes that the project needs to be accelerated to keep up with the growing demand for electricity.

How much electricity can AI consume? According to public information from foreign media, ChatGPT may consume more than 500,000 kWh of electricity every day to respond to about 200 million requests from users, which is more than 17,000 times the amount of electricity consumed by a household. If AI continues to develop, the power consumption will be even more terrifying.

If AI is the army for the future and energy is the food and grass behind it, then energy storage is the war granary. Ensuring the stable and safe energy supply of AI is inseparable from the layout of energy storage. In recent years, CATL, the world's leading battery manufacturer, has vigorously laid out energy storage, and its product market share ranks first in the world. According to public data, from 2021 to 2023, CATL's energy storage battery shipments ranked first in the world for three consecutive years, with customers all over the world, covering major project developers, system integrators, power grid companies and other types of new energy companies. In the first half of 2023, CATL's energy storage system revenue reached 27.985 billion yuan, a year-on-year surge of 119.73%.

As the ballast stone of AI development, energy storage has attracted great attention from the capital market. Recently, top investment bank Morgan Stanley publicly expressed its bullishness on CATL. Its report stated that as the price war draws to a close, CATL is ready to improve cost efficiency through a new generation of large-scale production lines and expand its advantage in return on net assets. It sees multiple turning points in CATL's fundamentals, and has upgraded the company's rating to overweight and selected it as the industry's first choice.

Investors have also responded positively to the value of leading energy storage companies. As of the close of March 11, the stock market soared 14.46% today, closing at 180.85, setting a multi-day trading volume record. The market is voting with real money, betting on the rise of energy storage. As the infrastructure of AI, the efficiency and safety of energy storage are being paid attention to.

While the public is focusing on AI, the big guys have already started to pay attention to the layout of energy storage. As the old Chinese saying goes, food and grass must be prepared before troops move.