Venture(US:VEMLY) 2 1 Shi Ji Jing Ji Bao Dao·2025-12-23 06:55Group 1 - The technology sector is currently active, with the Huatai-PineBridge AI ETF (159139) showing a slight increase of 0.1% and a trading volume exceeding 20 million yuan, indicating active market participation [1] - The ETF tracks the CSI Innovation and Entrepreneurship AI Index, which was launched on December 19 and consists of 50 leading companies focused on AI technology development, hardware support, and commercial applications in vertical fields [1] - According to Jiyin International, the demand for artificial intelligence is expected to remain high, with capital expenditures from major overseas cloud providers projected to grow by over 60% year-on-year in 2024 and 2025, and an additional growth of over 30% in 2026 [1] Group 2 - CITIC Securities highlights that the world is currently undergoing an AI industrial revolution, which has far-reaching implications and should be observed from a long-term perspective, unlike recent trends in cloud computing and renewable energy [2] - The demand for computing power driven by AI is expected to be significant, with B-end applications, such as programming, likely to be the first areas for industrialization and monetization [2] - The successful commercialization and closed-loop of large AI models will require substantial investment in computing power, suggesting a focus on core large model companies [2]