“AI+交通运输” 实施意见印发，智能产品“加速上路”，科创AIETF(588790)回调蓄势

Core Insights - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index has decreased by 0.69% as of September 29, 2025, with mixed performance among constituent stocks [2] - The recent issuance of measures by the National Development and Reform Commission and other departments aims to strengthen the cultivation of innovative digital economy enterprises, emphasizing the enhancement of computing power resources [2] - The IPO of Moore Threads has been approved, with plans to raise 8 billion yuan for the development of next-generation AI and graphics chips [3] Market Performance - The Sci-Tech AI ETF (588790) has seen a decline of 0.83%, with the latest price at 0.84 yuan, but has accumulated a 3.30% increase over the past week [2] - The trading volume of the Sci-Tech AI ETF reached 77.44 million yuan, with a turnover rate of 1.12% [2] - The ETF has ranked first among comparable funds with an average daily trading volume of 892 million yuan over the past month [2] Institutional Analysis - Despite recent market fluctuations, the overseas computing power industry remains robust, unaffected by DeepSeek and trade tensions, with a stronger fundamental resonance in the related industry chain [4] - Nvidia's CEO has introduced a new reasoning principle for AI, suggesting that AI now requires deep thinking before responding, potentially leading to exponential growth in reasoning capabilities [4] ETF Overview - The Sci-Tech AI ETF is the largest product tracking the Sci-Tech Innovation Board Artificial Intelligence Index, with major holdings including Cambrian and Haiguang Information, which has a 70% market share in domestic GPUs [5] - The ETF has seen a significant increase in scale, growing by 112 million yuan over the past week, ranking third among comparable funds [6] - The ETF's share count has increased by 213 million shares in the past week, ranking first among comparable funds [7] Index Composition - The top ten weighted stocks in the Sci-Tech Innovation Board Artificial Intelligence Index account for 71.66% of the index, including companies like Cambrian, Lanke Technology, and Chip Original [7]