16只公募产品同日获批硬科技板块有望迎增量资金

Group 1 - The market is experiencing volatility with noticeable sector rotation, particularly in AI concept stocks which have seen significant adjustments after previous gains. However, many institutions believe that the AI industry is still in its early stages and that concerns about bubbles may be premature [1] - Third-quarter reports indicate that most U.S. tech companies maintain good profit margins, with the earnings metrics of the U.S. information technology index remaining high. Major U.S. tech firms have established mature business models and stable revenue streams, which can support AI investments [1] - The current period is viewed as a critical observation phase over the next 2 to 3 years to validate whether AI can indeed transform the world, despite short-term adjustments in tech stocks being seen as a valuation digestion process [1] Group 2 - From a trading perspective, the TMT sector's public fund holdings are at high levels, accompanied by substantial gains. As year-end rankings approach, some funds may lock in profits, leading to a withdrawal of growth-style funds. However, this is more about a repeated battle for cost-effectiveness rather than a complete departure from the industry trend [2] - The TMT sector has retreated over 10% from previous highs, suggesting limited further downside potential. The current short-term environment offers a high cost-effectiveness ratio, providing a window for positioning ahead of next year's expected recovery [2]