20cm速递|科创人工智能ETF国泰（认购代码：589113）重磅发行中，关注“芯片+应用”双引擎驱动机遇
Mei Ri Jing Ji Xin Wen·2025-09-22 05:54

Core Viewpoint - The launch of the Guotai Science and Technology Artificial Intelligence ETF (subscription code: 589113, trading code: 589110) is currently underway, focusing on opportunities driven by both "chips and applications" in the AI sector [1][2]. Group 1: Industry Trends - The AI industry shows clear trends with established business models, particularly in North America where cloud providers have formed a closed loop, leading to rapid revenue growth that supports increased capital expenditure [1]. - The market size for AI is substantial, with certain segments still experiencing positive second-order growth rates. North American cloud providers' capital expenditures approached $100 billion in the second quarter, reflecting over 60% year-on-year growth [1]. - There are significant marginal changes in the industry, with domestic computing power accelerating its development. The growth in GPU production is driving the semiconductor supply chain, while domestic efforts in the semiconductor industry are overcoming production obstacles and expanding capacity [1]. Group 2: Investment Opportunities - A-share quality assets are being revalued, with the AI industry chain becoming a primary focus. The domestic semiconductor industry, representing the highest level of industrial production in China, is expected to benefit from revaluation gains [2]. - The Federal Reserve's interest rate cuts are anticipated to benefit growth sectors in the global equity market. The Guotai Science and Technology Artificial Intelligence ETF, which tracks the AI index, covers the entire AI industry chain from upstream computing power to downstream applications, including leading companies in computing power and quality firms in the application sector [2]. - The ETF is designed to effectively diversify risks associated with single sectors, with a 20% limit on index fluctuations, primarily focusing on mid-cap stocks that exhibit stronger volatility compared to the broader market index [2].