Core Viewpoint - The A-share market saw over 3,500 stocks rise, driven by four main sectors: computing power industry chain, power infrastructure industry chain, commercial aerospace, and non-ferrous metals. Notably, the stock of Moore Threads surged by 416.79%, reaching a market capitalization of 277.6 billion yuan, making it the only stock with a half-day trading volume exceeding 10 billion yuan, totaling 12.59 billion yuan [2]. Computing Power Industry Chain - The computing power industry chain experienced significant gains, with sectors such as optical modules and copper cables leading the rise. Notable stocks like Zhishang Technology and Dongtian Micro saw substantial increases [4]. - Marvell, a manufacturer of ASIC chips, announced its acquisition of semiconductor startup Celestial AI for $3.25 billion, which includes $1 billion in cash and $2.25 billion in Marvell common stock. The total deal could reach $5.5 billion if Celestial AI meets specific revenue milestones [7]. - Celestial AI focuses on developing photonic interconnect hardware, aiming to enhance data transmission rates and reduce latency and energy consumption, addressing the bottlenecks in data center transmission as AI model demands grow [8]. - North American giants are increasing capital expenditures, with Meta raising its forecast for capital spending to $70-72 billion, Google adjusting its guidance to $91-93 billion, and Amazon estimating around $125 billion for the year [8]. - Guosheng Securities highlighted a positive cycle in the computing power industry, driven by model upgrades increasing demand for computing power, which in turn supports model innovation [8]. Commercial Aerospace Sector - The commercial aerospace sector saw a strong performance, with stocks like Hongxiang Co., Changguang Huaxin, and Chaojie Co. hitting the daily limit of 20% [10]. - The successful launch of the Zhuque-3 rocket on December 3 marked a significant milestone in China's commercial aerospace sector, achieving a key breakthrough in reusable technology [14]. - The number of commercial aerospace companies in China has exceeded 600, with a complete industrial chain already established. Major projects are expected to commence during the 14th Five-Year Plan period, including manned lunar missions and satellite internet construction [14].