Venture(US:VEMLY) Mei Ri Jing Ji Xin Wen·2025-12-15 06:30Core Viewpoint - The domestic computing power sector is poised for a breakthrough, with new generation products expected to be released and launched in 2026, leading to broader applications in inference scenarios [1] Group 1: Domestic Computing Power - Major companies like ByteDance and Alibaba are integrating AI capabilities into their entire product lines, with ByteDance projecting a tenfold increase in daily token consumption by 2026, which will correspondingly drive a 5-10 times increase in inference computing power demand [1] Group 2: Investment Opportunities - It is recommended to focus on the core computing hardware supply chain, including domestic computing card suppliers and upstream wafer foundries [1] Group 3: Market Performance - The Guotai 50 ETF (159375) tracks the ChiNext 50 Index (399673), which has a daily fluctuation limit of 20%, reflecting the performance of 50 securities with high liquidity and leading market capitalization, emphasizing companies with high growth and technological innovation characteristics [1]