热度再起！公募重构人工智能投资主线

Core Viewpoint - The AI sector is experiencing a significant rise in interest, becoming a key driver of structural market rebounds, with the China Securities Artificial Intelligence Industry Index up 18.66% year-to-date and several constituent stocks rising over 50% [2][3]. Group 1: Market Performance - The China Securities Artificial Intelligence Industry Index has increased by 18.66% this year, with a monthly gain of 11.57% in July, outperforming the broader market [3]. - Notable stocks such as XinYiseng, ShenXinFu, YouKeDe, TuoWei Information, and ZhongJi XuChuang have seen year-to-date gains exceeding 50% [3]. - The AI sector is recognized as a significant force behind the market's structural rebound, with public fund managers attributing this to rapid advancements in application and increased public awareness [3]. Group 2: Investment Trends - Public funds are increasingly focusing on AI sectors with solid fundamentals and clear growth paths, particularly in AI computing power, as indicated by the second quarter reports of 2025 [5][6]. - The proactive allocation towards AI computing power reflects a consensus among active equity funds, with the communication sector becoming a top focus area [5]. - The capital expenditure of major overseas cloud companies, such as Google's $22.4 billion in Q2, surpassing market expectations, indicates a robust demand for AI computing resources [6]. Group 3: Technological Advancements - The World Artificial Intelligence Conference (WAIC) showcased advancements in humanoid robots, transitioning from static displays to dynamic demonstrations, indicating a shift towards practical applications [4][3]. - The AI sector is undergoing a transformation, with hardware components becoming a focal point for investment, as they are more likely to yield immediate revenue [7][8]. - The AI industry's evolution is characterized by multiple sub-sectors developing in parallel, altering investment strategies and focus areas [8].