Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-09-25 04:47Group 1 - The core viewpoint highlights a significant rebound in the AI sector, particularly in the ChiNext market, with a notable increase of over 3% in AI-related stocks and a rapid price recovery of over 4% in the leading AI ETF (159363) [1][2] - Alibaba announced plans to invest 380 billion in AI infrastructure, aiming to increase the energy consumption of its global data centers by tenfold by 2032 [1] - Alibaba also launched Qwen3-Max, its largest and most powerful AI model to date, which currently ranks third on the LMArena text leaderboard, surpassing GPT-5-Chat [1] Group 2 - CITIC Securities projects continued innovation in the AI sector by the second half of 2025, which is expected to accelerate growth across the industry chain [2] - Industrial revenue and profits in the optical module sector are anticipated to maintain high year-on-year growth due to ongoing AI demand and advancements in silicon photonics technology [2] - The first AI ETF in the ChiNext market (159363) has over 70% of its portfolio allocated to computing power and more than 20% to AI applications, effectively capturing the AI theme market [2]