Sou Hu Cai Jing·2025-08-18 02:05Core Insights - The domestic AI industry chain-focused ETF (589520) has seen a price increase of 2.49% on August 18, reaching a new high since its launch, driven by strong investor interest in domestic alternatives and edge AI development [1][3] - The ETF has attracted a total of 75.64 million yuan in capital over the past 60 days, indicating robust market confidence [1] Company Performance - Stone Technology reported a revenue of 7.903 billion yuan for the first half of 2025, marking a year-on-year growth of 78.96%, while its net profit attributable to shareholders decreased by 39.55% to 678 million yuan [3] - The revenue growth for Stone Technology is attributed to domestic sales driven by national subsidy policies and ongoing brand development efforts overseas [3] Industry Developments - Cambricon, a leading domestic AI chip company, has received approval for a private placement plan aimed at raising up to 3.985 billion yuan to enhance its chip and software platform for large models and to supplement working capital [3] - The 2025 Lujiazui Forum highlighted the establishment of a growth layer on the Sci-Tech Innovation Board to support cutting-edge technology companies, particularly in AI [3] - Analysts from CITIC Securities and Guotai Junan suggest that the domestic chip industry is poised for growth, especially in light of security vulnerabilities in Nvidia chips, which may accelerate the adaptation of domestic computing chips by cloud service providers [3] ETF Characteristics - The Sci-Tech Innovation AI ETF (589520) has a high elasticity feature with a daily price fluctuation limit of 20%, and its top ten holdings account for over 67% of the total weight, with semiconductors making up nearly half of the weight [4] - The ETF is designed to benefit from the acceleration of AI integration in edge computing, with a balanced allocation across application software, terminal applications, terminal chips, and cloud chips [4]