Sou Hu Cai Jing·2026-02-04 06:02Core Viewpoint - The technology innovation chip sector is experiencing a pullback, with the Huatai-PineBridge Science and Technology Chip ETF (588750) declining by 3.38%, while it has attracted over 160 million yuan in investment over the past five days, indicating strong market interest [1][3]. Group 1: Market Performance - The Huatai-PineBridge Science and Technology Chip ETF (588750) has seen most of its constituent stocks decline, with notable drops including: - Lanqi Technology down nearly 7% - Cambricon Technologies and Baiwei Storage down over 5% - Haiguang Information down over 3% - SMIC down over 2% [3][4]. - The ETF's trading volume approached 100 million yuan during the day, reflecting significant market activity [1]. Group 2: Industry Developments - On February 3, Moore Threads launched the AI Coding Plan, a smart programming service based on domestic GPU capabilities, marking a breakthrough in AI development using domestic chips [5]. - CloudWalk Technology held a conference to outline its strategy for high-performance AI inference chips, aiming to reduce inference costs significantly [6]. - Recent releases of domestic AI models, including those from DeepSeek, Kimi, and Baidu, are accelerating commercial adoption, supported by substantial investments from major tech firms [7]. Group 3: Investment Insights - The Huatai-PineBridge Science and Technology Chip ETF (588750) focuses on high-tech segments of the chip industry, with a high concentration of core components, indicating strong growth potential [9][11]. - The index is expected to see a net profit growth rate of 94% in the first three quarters of 2025, with an annual growth forecast of 97%, significantly outpacing peers [12]. - The ETF has demonstrated strong upward elasticity, with a maximum increase of 173% since its inception, suggesting robust performance relative to other indices [12][13].