联想CEO杨元庆称不存在AI泡沫！计算机ETF（159998）昨日再获净申购近1700万份，芯片ETF天弘（159310）四连涨

Group 1: Market Performance - A-shares showed mixed performance on November 27, with the ChiNext index closing in the red while leading CPO concept stocks like Xinyi and Zhongji experienced a pullback after initial gains [1] - The Computer ETF (159998) experienced fluctuations but still saw a net subscription of 16.8 million units, accumulating over 100 million yuan in net inflow over the past seven trading days [1] - The Chip ETF Tianhong (159310) achieved four consecutive days of gains, with a notable premium trading at the close, attracting a total of 12.07 million yuan in net inflow over the last ten days [1] Group 2: Industry Insights - The Computer ETF tracks the CSI Computer Theme Index, which encompasses both software and hardware sectors, reflecting the overall performance of the computer industry [1] - Key AI application areas include hardware for edge AI, software for C-end overseas markets, B-end enterprise services, and G-end private deployment of large models [1] - The Chip ETF tracks the CSI Chip Industry Index, with a projected 37.62% year-on-year growth in net profit for the first half of 2025, driven by policy support and surging demand [1] Group 3: Strategic Developments - Beijing's government plans to develop high-tech industries, focusing on new growth points such as sixth-generation mobile communication, quantum technology, and brain-computer interfaces [2] - Lenovo's chairman emphasized that AI is entering a phase of deep inclusivity, with significant infrastructure investments expected to spur the development of more terminal devices [2] - Northeast Securities noted a shift in the fundamentals of the computer sector, highlighting the prominence of cloud infrastructure, AI, and domestic innovation, with expectations for a revaluation of the industry by 2026 [2] - Huaxi Securities pointed out that the domestic chip localization process is a long-term trend, with the current period being optimal for the development of domestic chips, which is expected to enhance the overall domestic computing power share [2]