AI景气依旧，关注半导体设备ETF（159516）

Group 1 - The core viewpoint is that the computing hardware sector is experiencing high prosperity driven by AI, with a potential rapid increase in the penetration rate of domestic computing solutions [1] - NVIDIA and OpenAI announced a partnership to invest up to $100 billion to build a 10GW data center, which is expected to increase demand for NVIDIA's AI chips [1] - The collaboration between NVIDIA, OpenAI, and Oracle is forming a "money-making" loop, where NVIDIA invests in OpenAI, OpenAI purchases cloud services from Oracle, and Oracle buys NVIDIA chips [1] Group 2 - Major cloud service providers are experiencing high growth, leading to increased capital expenditure and accelerated AI infrastructure development, benefiting domestic companies involved in the overseas computing supply chain [1] - In Q2 2025, Google Cloud reported revenues of $13.6 billion, a year-on-year increase of 32%, with backlogged orders reaching $106 billion, up 38% year-on-year [1] - Amazon AWS generated $30.9 billion in revenue, a year-on-year increase of 17.5%, with backlogged orders around $195 billion, up 25% year-on-year [1] Group 3 - The penetration rate of domestic computing solutions is expected to rise rapidly, with current estimates at 20-30% and projections to exceed 50% in the coming years [7] - Huawei plans to launch several new AI chips between Q1 2026 and Q4 2028, indicating a strong push in the domestic chip market [7] - Alibaba's new AI chip reportedly matches NVIDIA's H20 chip in key parameters, showcasing advancements in domestic technology [7] Group 4 - Investors are encouraged to consider ETFs focused on overseas computing supply chains or domestic semiconductor trends as a way to capitalize on the ongoing shifts in the industry [7]