Nvidia(US:NVDA) Xin Lang Ji Jin·2025-11-17 06:04Group 1: Market Overview - The semiconductor chip market experienced a rise followed by a decline, with the first Hong Kong ETF focused on the "Hong Kong chip" industry chain (159131) dropping by 0.51% in price, while trading volume exceeded 31 million CNY, indicating active trading [1]. Group 2: Huawei's AI Technology - Huawei is set to release a groundbreaking AI technology on November 21, which aims to improve the utilization efficiency of computing resources from the industry average of 30%-40% to 70%, significantly enhancing the potential of computing hardware [3]. - This technology will unify resource management across various computing hardware, including GPUs and NPUs, providing more efficient support for AI training and inference [3]. - The technology shares similarities with the core technology of Israeli AI startup Run:ai, which was acquired by NVIDIA for 700 million USD at the end of 2024 [3]. Group 3: Domestic AI Chip Market - According to CITIC Securities, the domestic AI chip market is entering a high growth phase, with accelerated commercialization of applications [3]. - There is a trend of increasing orders for domestic chips as cloud vendors and AI startups shift their procurement plans towards domestic chips due to stable supply demands [3]. - The rapid growth in domestic computing consumption is expected to further accelerate the release of domestic AI chips [3]. Group 4: Hong Kong Chip ETF Details - The first Hong Kong ETF focusing on the "Hong Kong chip" industry chain has a composition of 70% hardware and 30% software, heavily investing in semiconductor, electronics, and computer software sectors, with notable weights for companies like SMIC (20.27%), Xiaomi Group-W (9.11%), and Hua Hong Semiconductor (5.64%) [4]. - This ETF excludes major internet companies like Alibaba, Tencent, and Meituan, allowing for a sharper focus on the AI hard technology sector in Hong Kong [4].