Nvidia(US:NVDA) Sou Hu Cai Jing·2025-06-06 04:52Group 1 - The core viewpoint is that the external pressures from the U.S. are accelerating the development of domestic semiconductor manufacturing and AI computing power in China, leading to increased investment from private equity firms in these sectors [1][3]. - The changing external environment is reshaping the domestic semiconductor industry landscape, with U.S. restrictions on high-end chips and software exports potentially leading to unexpected positive effects for China's tech sector [3]. - There is a growing trend of returning Chinese talent from Silicon Valley, which could significantly enhance domestic research capabilities and support innovation in the tech industry [3]. Group 2 - The technology sector is showing signs of recovery after a period of adjustment, with expectations at relatively low levels and a decrease in trading volume [4]. - The market is optimistic about the potential for a significant recovery in the tech sector, driven by supportive industrial policies and advancements in AI technology [4]. - Recent strategic mergers and acquisitions in the domestic AI computing power industry, such as the restructuring of Haiguang Information and Zhongke Shuguang, are indicative of increasing activity in this space [4].