Venture(US:VEMLY) Sou Hu Cai Jing·2025-08-25 03:29Group 1 - The artificial intelligence (AI) industry chain continues to experience significant growth, with the ChiNext AI index rising over 3% and reaching new highs, driven by strong performance in computing power and applications [1] - The ChiNext AI index has surged 11.77% in the past week, marking seven consecutive weeks of gains, and has increased over 57% year-to-date, outperforming other AI indices [4] - The first AI ETF tracking the ChiNext AI index has seen its scale exceed 3 billion yuan, with an average daily trading volume of over 300 million yuan in the past month, indicating strong market interest [5] Group 2 - The 2025 China Computing Power Conference highlighted the government's commitment to optimizing national computing power infrastructure and encouraging investment in low-utilization areas [3] - Current user penetration of AI large models is still low, indicating that the development of these models is in its early stages, with significant potential for capital expenditure growth as revenues increase [3] - The computing power industry is entering a heated investment phase, with major global cloud service providers significantly increasing capital expenditures towards AI computing power [3] Group 3 - The focus on the North American computing power chain, particularly in the optical module sector, suggests a promising growth trajectory for the computing power industry [3] - The recommendation to invest in leading companies within the optical module industry reflects confidence in the growth potential of the computing power infrastructure sector [3]