Nvidia(US:NVDA) Xin Lang Cai Jing·2025-09-23 02:56Core Insights - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index has decreased by 1.74% as of September 23, 2025, with significant declines in key stocks such as Lingyun Optics and CloudWalk Technology [3] - OpenAI and NVIDIA have announced an intention to establish a partnership, with NVIDIA planning to invest up to $100 billion in OpenAI, marking a significant step in the global AI arms race [4][5] - China is set to issue new policy financial instruments totaling 500 billion RMB, focusing on digital economy and AI, with 20% allocated for private enterprises [4] Market Performance - The Sci-Tech AI ETF (588790) has seen a decline of 1.76%, with a recent price of 0.84 RMB, but has increased by 3.65% over the past week [3] - The trading volume for the Sci-Tech AI ETF was 2.16 billion RMB, with a turnover rate of 3.2% [3] - Over the past month, the average daily trading volume for the Sci-Tech AI ETF was 9.37 billion RMB, ranking first among comparable funds [3] Industry Developments - The "China Stargate" project aims to transform a 760-acre island in Wuhu into large-scale server farms, enhancing China's position in the AI sector [4][5] - NVIDIA's investment plan signals a high-intensity phase in the global AI arms race, with a projected $350 billion in reinvestment expected to boost demand in the upstream hardware industry [5] - Google has made advancements in optical circuit switch (OCS) technology, testing piezoelectric ceramic-based solutions to optimize AI supercomputing cluster network performance [4] ETF Insights - The Sci-Tech AI ETF is the largest product tracking the Sci-Tech Innovation Board AI Index, with significant holdings in companies like Cambricon and Haiguang Information [6] - The ETF has seen a growth of 3.32 billion RMB in size over the past three months, ranking first among comparable funds [6] - The ETF closely tracks the performance of 30 major companies in the AI sector, reflecting the overall performance of the AI industry on the Sci-Tech Board [7]