字节大会来袭，利好AI应用！字节产业链含量33%的科创人工智能ETF（589520）逆市活跃，近3日吸金1346万元

Core Viewpoint - The article highlights the growing interest and investment in the domestic AI industry, particularly through the Sci-Tech Innovation Artificial Intelligence ETF (589520), which has seen significant capital inflow and positive performance in the market [1][9]. Group 1: ETF Performance and Market Activity - The Sci-Tech Innovation Artificial Intelligence ETF (589520) has increased by 0.53% and has experienced a net capital inflow of 13.46 million yuan over the past three days, indicating strong investor confidence in the domestic AI industry [1][9]. - Key constituent stocks such as Zhongke Xingtu, Xinghuan Technology, and others have shown notable gains, with Zhongke Xingtu leading with over 11% increase [1][9]. Group 2: Industry Developments and Events - The ByteDance Volcano Engine FORCE conference is taking place on December 18-19, where new AI models and tools are expected to be announced, potentially enhancing performance and reducing costs, particularly in video generation [3][11]. - The investment logic in AI is evolving from focusing on hardware and infrastructure to emphasizing practical applications and commercialization, suggesting a shift in market dynamics [3][11]. Group 3: Strategic Importance and Market Conditions - The current period is described as a "golden window" for the AI sector, driven by policy support, strong earnings validation, and the need for domestic AI solutions amid geopolitical tensions [5][14]. - As of Q3 2025, 20 out of 30 constituent companies of the ETF reported profitability, with 22 showing year-on-year net profit growth, reflecting a robust industry outlook [5][14]. Group 4: Investment Opportunities and Trends - There is a significant demand for domestic AI solutions, with the potential for substantial price corrections compared to international counterparts, indicating a favorable investment environment for AI applications [6][14]. - The ETF's index includes a high concentration of AI application stocks, with a weight of 30.94% in AI application concepts and 33.66% in the ByteDance industry chain, highlighting the focus on key growth areas [12][15].