Cambricon(SH:688256) Xin Lang Ji Jin·2025-08-12 03:32Group 1 - The core focus is on the domestic AI industry chain, particularly the Huabao Sci-Tech Artificial Intelligence ETF (589520), which has shown strong performance with a 1.25% increase in price [1] - The ETF has attracted significant capital inflow, with a total of 11.34 million yuan in the last five days and 71.5 million yuan over the last 60 days, indicating strong market confidence in the sector [1] - Key stocks within the ETF, such as Cambricon, Chipone, and Stone Technology, have seen substantial gains, reflecting investor interest in the AI sector [1] Group 2 - Huawei held a forum titled "AI Rise, Opening a New Chapter in Smart Finance," where it announced advancements in AI reasoning technology that could reduce reliance on HBM technology and enhance domestic AI model performance [3] - The trend towards self-sufficient computing chips is emphasized, with analysts noting that security vulnerabilities in Nvidia chips may accelerate the adaptation of domestic chips by cloud service providers [3] - Historical trends suggest that sectors that have undergone adjustments are likely to initiate a second wave of growth, with AI meeting conditions for renewed investment interest [3] Group 3 - The Huabao Sci-Tech Artificial Intelligence ETF (589520) is characterized by high elasticity and a significant focus on the semiconductor sector, which constitutes nearly half of its top holdings [4] - The ETF's index is well-diversified across application software, terminal applications, terminal chips, and cloud chips, positioning it to benefit from the acceleration of AI integration in these areas [4] - Investors are encouraged to consider the ETF's connecting funds, which are available in different classes [4]