资金埋伏国产AI补涨前景！科创人工智能ETF（589520）近2日连续吸金1178万元！机构：AI应用想象空间更大

Core Insights - The focus on the domestic AI industry chain is reflected in the performance of the Science and Technology Innovation Artificial Intelligence ETF (589520), which saw a peak intraday increase of 0.9% and a current rise of 0.54%, indicating positive market sentiment towards potential gains in edge AI applications [1][7] - The ETF has experienced a net inflow of 11.78 million yuan over the past two days, suggesting strong investor interest in the sector [1][7] Industry Overview - According to the China Academy of Information and Communications Technology, the AI industry in China is accelerating, with the core industry scale expected to exceed 1 trillion yuan by 2025. The scale is projected to surpass 900 billion yuan in 2024, with a growth rate of 24% [3][9] - The growth trajectory indicates that by 2025, the core industry scale could exceed 1.2 trillion yuan, with an increasing growth rate [3][9] Investment Strategy - CITIC Securities recommends focusing on the domestic AI industry chain, highlighting a significant demand for recovery after previous adjustments. The improvement in domestic GPU capabilities and supply, along with the release of H200, is expected to accelerate the deployment of AI computing infrastructure [3][9] - The investment logic is evolving from hardware and infrastructure ("selling shovels") to actual applications and commercialization ("mining for gold"), indicating a shift in focus towards AI applications that have greater potential for innovation and business model transformation [3][9] ETF Composition - The Science and Technology Innovation Artificial Intelligence ETF (589520) is diversified across four key segments: application software, terminal applications, terminal chips, and cloud chips. This reflects a transition in the AI industry from cloud-based solutions to edge computing, emphasizing self-sufficiency and domestic technology [3][9] - The ETF and its associated funds have a strong focus on domestic AI industry chains, with over 70% of the top ten holdings concentrated in semiconductor-related sectors, indicating a high level of aggressiveness in investment strategy [4][10]