20cm速递｜创业板人工智能ETF国泰（159388）盘中涨超2%，算力依然是全年最重要的主线

Group 1 - The core viewpoint emphasizes that computing power remains the most important theme for the year, with AI-driven applications penetrating the edge [1] - "Hard technology" is performing prominently under the influence of AI, with sectors such as domestic computing power, AI-PCB, AIDC supporting facilities, and AI edge SoC design/testing expected to show rapid growth in 2024 and maintain high growth in Q1-Q3 of 2025 [1] - The demand for AI is driving technological upgrades in optical modules and expanding market size, with the development of AI data centers accelerating the advancement and application of high-speed optical modules, making the upgrade from 800G to 1.6T a mainstream trend [1] Group 2 - The demand for liquid cooling solutions is rapidly increasing due to the continuous rise in power density, while the surge in data volume driven by AI is also boosting the demand for data centers [1] - The valuation system of the technology industry is expected to be restructured under the context of major power competition, with the valuation center of the technology sector, represented by the electronics industry, likely to rise further [1] Group 3 - The ChiNext AI ETF Guotai (159388) tracks the ChiNext AI Index (970070), which has a daily price fluctuation limit of 20% [2] - This index selects listed companies in the ChiNext market whose main business involves the AI field, reflecting the overall performance of AI-related listed company securities [2] - The index focuses on the development trends of the AI industry, covering subfields such as machine learning, smart hardware, and data processing, characterized by high growth and innovation [2]