Luster(SH:688400) Xin Lang Cai Jing·2025-09-08 02:27Core Insights - The AI sector is experiencing significant advancements with the launch of new models and increased demand for AI chips, particularly from companies like Alibaba and Broadcom [3][4][5] Group 1: AI Model Developments - Alibaba's Qwen team has launched Qwen3-Max-Preview, the largest language model to date with over 1 trillion parameters, outperforming several existing models in various benchmarks [3][4] - The new model demonstrates superior capabilities in dialogue, task handling, and instruction adherence, indicating a broader knowledge coverage [3] Group 2: AI Chip Market Dynamics - Broadcom's CEO announced a $10 billion custom chip order from a new client, likely OpenAI, highlighting the growing demand for AI-specific chips [4] - Broadcom has raised its AI growth forecast for FY26, driven by high demand for ASICs and an increase in client deployments [4] - The AI ASIC chip market is expected to see rapid penetration due to its cost-effectiveness, benefiting companies like Cambricon and Chipone [4] Group 3: ETF Performance and Market Trends - The Sci-Tech AI ETF (588790) has seen a 19.75% increase over the past month, with significant trading volume and liquidity [3][5] - The ETF's recent growth includes a 4.12 billion yuan increase in scale and an 8.73 million share increase in the last two weeks, indicating strong investor interest [5] - The top ten holdings in the Sci-Tech AI ETF account for 71.66% of the index, with Cambricon being the largest weight [5]