Venture(US:VEMLY) Xin Lang Ji Jin·2025-08-27 01:17Core Insights - The State Council has issued an opinion on the implementation of the "Artificial Intelligence +" initiative, focusing on the integration of AI with six key areas by 2027, aiming for over 70% penetration of new intelligent terminals and applications [1] - The AI policy is evolving from large-scale infrastructure to industrial application, which is expected to accelerate the development of new business models and innovation [1] - The continuous deepening of AI applications is likely to drive demand for upstream computing power [1] Industry Performance - The AI sector, particularly in the context of optical modules, has seen significant price increases, with companies like "Yizhongtian" (Xinyi, Zhongji Xuchuang, Tianfu Communication) frequently hitting new highs [1] - The ChiNext AI index has risen over 65% year-to-date, outperforming other AI indices such as CS AI and Sci-Tech Innovation AI [1] - The ChiNext AI ETF (159363) has attracted over 1 billion yuan in net subscriptions in the past ten days, reaching a new high of over 3.4 billion yuan in total assets [2] Investment Recommendations - The entire computing power industry is entering a heated investment phase, with significant capital expenditure from major CSPs directed towards AI computing power [4] - Companies in the optical module sector are recommended for investment, as they are well-positioned to benefit from the growing demand for AI applications [4] - The first ETF tracking the ChiNext AI index is highlighted as a key investment opportunity, with a portfolio allocation of approximately 70% in computing power and 30% in AI applications [4]