Recently, the AI application concept stock AppLovin in the US has attracted global attention, with a stock price increase of over 700% since the beginning of the year and a market value of over 100 billion US dollars. Its stock price has repeatedly hit historical highs, continuing the AI myth. In the A-share market, following the emergence of a group of big bull stocks in the AI computing power sector, AI applications have once again sparked a "AI" craze. A group of AI downstream application companies have attracted the attention of the capital market, and institutions are competing to research and layout, resulting in a sudden rise in stock prices.