格隆汇APP·2025-06-04 10:43Core Viewpoint - The A-share market has begun to rebound, driven by strong performance in the technology sector, particularly in computing power hardware stocks, following significant gains in the U.S. chip market [1][2][3]. Group 1: Market Performance - The three major indices in the A-share market all rose, with the Shanghai Composite Index up 0.42%, the Shenzhen Component Index up 0.87%, and the ChiNext Index up 1.11% [1]. - The hard technology sector ETFs saw notable increases, with the Cloud Computing ETF (517390) rising by 1.4% and the Computer ETF (159998) increasing by 1.17% [1]. Group 2: Sector Analysis - The computing power industry chain experienced a collective rebound, with stocks like Taicheng Light rising over 10% and other companies such as Dekeli, Xinyi Sheng, and Yuanjie Technology also showing significant gains [4]. - Nvidia's market capitalization reaching new heights has boosted AI investment sentiment, raising questions about whether the A-share computing power industry can capitalize on this opportunity for a second wave of rebound [3][4]. Group 3: Investment Opportunities - The nuclear power sector is also gaining traction, with companies like Rongfa Nuclear Power and Changfu Co. seeing increases, driven by a surge in demand for nuclear power in the AI era [6][8]. - Domestic nuclear power investment from January to April reached 36.256 billion, a year-on-year increase of 36.64%, significantly outpacing the 1.6% growth in overall power investment [9]. Group 4: Strategic Developments - The merger of Haiguang Information and Zhongke Shuguang is seen as a strategic move to enhance the domestic computing power supply chain, integrating advanced chip manufacturing with server hardware capabilities [11][12]. - The emergence of DeepSeek has transformed perceptions of AI development, leading to increased demand for computing power and a potential rise in chip and cloud computing markets [15][18]. Group 5: Future Outlook - The AI industry is still in its early explosive growth phase, with significant opportunities for investment in AI chips, cloud computing, and related infrastructure [31]. - The domestic cloud computing market is expected to surpass one trillion by 2025, driven by increased investments from major tech companies [23].