2025年12月30日，A股科技板块表现活跃，AI+方向走强，光模块CPO冲高回落。截至13:15，光模块CPO概念股权重占比超57%的创业板人工智能指数 (970070)上涨0.29%。热门ETF中，同类费率最低的创业板人工智能ETF华夏(159381)上涨0.32%，最新价报1.87元。 MACD金叉信号形成，这些股涨势不错！ 数据显示，截至2025年11月28日，创业板人工智能指数(970070)前十大权重股分别为中际旭创(300308)、新易盛(300502)、天孚通信(300394)、蓝色光标 (300058)、润泽科技(300442)、协创数据(300857)、同花顺(300033)、昆仑万维（维权）(300418)、软通动力(301236)、长芯博创(300548)，前十大权重股合计 占比66.65%。（以上所列股票仅为指数成份股，无特定推荐之意） | 股票代码 | 股票简称 | 涨跌幅 | 权重 | | --- | --- | --- | --- | | 300308 | 中际旭创 | 0.93% | 20.87% | | 300502 | 新易盛 | -0.88% | 20.29% | | ...

5G通信ETF（515050）跟踪中证5G通信主题指数，最新规模超80亿元。深度聚焦英伟达、苹果、华为 产业链。前五大持仓股：中际旭创、新易盛、立讯精密、工业富联、中兴通讯。相关ETF全称：华夏中 证5G通信主题ETF（515050），场外联接（A类：008086；C类：008087） 创业板人工智能ETF华夏（159381），跟踪创业板人工智能指数（970070.CNI），精准布局创业板人工 智能主业公司。光模块CPO权重占比超57%，同时覆盖国产软件+AI应用企业，具备较高弹性。其中前 三大权重股为中际旭创（28.1%）、新易盛（19.8%）、天孚通信（4.45%）。场内综合费率仅0.20%， 位居同类最低。场外联接（A类：025505；C类：025506） （文章来源：每日经济新闻） 12月22日早盘，光模块CPO概念板块高开，长芯博创、致尚科技、中际旭创、新易盛等多股走强。截至 9:37，光模块CPO含量超57%且费率同类最低的创业板人工智能ETF华夏（159381）、聚焦通信+电子 算力硬件的5G通信ETF（515050）涨近3%。资金加仓热情高涨，近20日，创业板人工智能ETF华夏 （159381 ...

周四（12月18日），AI产业链暴涨后小幅回调，光模块CPO走势分化，重仓光模块龙头的创业板人工智 能收跌1.74%。上涨方面，长芯博创、联特科技、金信诺等多股涨超2%，天孚通信收涨斩获两连阳；下 跌方面，新易盛新高后下跌4.62%，中际旭创跌超3%。 热门ETF方面，同类规模最大、流动性最佳的创业板人工智能ETF（159363）早盘翻红失败，午后下挫 明显，场内收跌1.76%，缩量成交6.29亿元。资金连续净流入，单日再度净申购2亿份，此前近五日累计 增持超2.6亿元。 综合市场来看，A股人工智能今日回调或受海外"AI泡沫论"扰动。隔夜，海外AI巨头甲骨文下跌5.4%， 据报道，Blue Owl Capital原计划为该公司在密歇根州的100亿美元数据中心项目提供融资，但该计划最 终未能落地，原因在于市场对甲骨文债务水平和支出规模的担忧。进一步加剧了外界对于人工智能行业 前景和估值泡沫的担忧。 但就A股光模块CPO投资机会来看，机构认为AI算力的投入短期仍处于高成长期，应用的商业闭环变现 路径仍在探索和培育中，AI算力产业链多个环节呈现供不应求的紧张态势。 西部证券建议持续聚焦AI算力供不应求机会。展望20 ...

12月12日，AI算力板块经历开盘急速下挫后快速拉升，光模块CPO强势领涨市场。创业板人工智能ETF 华夏（159381）一度翻红上涨2.27%，云计算50ETF（516630）、5G通信ETF（515050）均一度涨超 1%。联特科技长芯博创、北京君正、润泽科技等纷纷走强。 （文章来源：每日经济新闻） 消息面上，OpenAI当地时间周四推出了最新前沿模型GPT-5.2系列。GPT5.2有三种不同的版本：Instant 是针对常规查询（如互联网检索、翻译和写作）进行速度优化的模型；Thinking擅长编程、数学、长文 档分析等复杂结构化工作；顶级型号Pro，旨在为棘手问题提供最大程度的准确性和可靠性。中金证券 表示，AI 的蓬勃发展驱动算力需求持续提升，推升 AI 硬件需求，驱动 PCB、液冷、服务器电源产业 快速增长。 资金加速流入AI算力高景气赛道，近10个交易日，光模块CPO概念股权重占比超56%且同类费率最低 的创业板人工智能ETF华夏（159381）累计吸金超3亿元。 ...

算力硬件含量高→华夏中证5G通信主题ETF（515050），跟踪中证5G通信主题指数，最新规模超 80亿元。深度聚焦英伟达、苹果、华为产业链。场外联接（A类：008086；C类：008087）。 聚焦国产算力软硬件→云计算50ETF（516630）跟踪云计算指数（930851）。该指数覆盖了光模块 &光器件、算力租赁、数据中心、AI服务器、液冷等热门算力概念，且为跟踪该指数合计费率最低的 ETF。场外联接（A类：019868；C类：019869） 每日经济新闻 12月10日，A股主要指数低开，AI产业链蓄力调整，工业富联、沪电股份、海光信息、寒武纪等纷 纷回调。截至10:25，光模块CPO概念股权重占比超56%且费率同类最低的创业板人工智能ETF华夏 （159381）跌1.03%，资金交投活跃，积极布局，盘中成交额突破2.4亿元；5G通信ETF（515050）跌 1.60%，云计算50ETF（516630）跌1.35%。 资金情绪方面，近5日，创业板人工智能ETF华夏获得资金净申购超1.45亿元，近20日，累计吸金 超2亿元。 AI大模型快速迭代、创新，AI应用加速落地，产业链长期高景气预期进一步强化。中信证 ...

12月8日周一，A股AI科技板块强势拉升，光模块CPO、光通信、光电路交换机、光芯片等概念领涨市 场，天孚通信涨超17%，太辰光、联特科技、中际旭创、光库科技、新易盛等跟涨。受权重板块带动， 截至10：22，创业板人工智能ETF华夏（159381）涨超5%，5G通信ETF（515050）涨超4%。 值得注意的是，资金加速流入高景气板块，近20日，同类费率最低的创业板人工智能ETF华夏 （159381）累计吸金超2.28亿元。该ETF跟踪指数"创业板人工智能指数"，光模块CPO权重占比56.7%， 同时覆盖国产软件+AI应用企业，具备较高弹性。其中前三大权重股为中际旭创（26.62%）、新易盛 （19.35%）、天孚通信（5.05%）。场内综合费率仅0.20%，位居同类最低。场外联接（A类：025505； C类：025506）。 算力产业链正处于高景气周期，爆发式增长的算力需求正面临光模块产业链的供给瓶颈。国盛证券表 示，光模块新一轮产能集中释放，业绩打开增长空间。预计2026年一季度将迎来产能集中释放，业绩持 续爬坡的关键窗口。从业绩爬坡节奏看，光模块行业将经历从"产能释放"到"业绩兑现"的渐进过程。初 期可 ...

Group 1 - The A-share technology sector is experiencing renewed activity, with concepts such as decelerators, satellite internet, robotics, and optical module CPO showing strength [1] - As of 11:14, the optical module CPO concept stocks accounted for over 56% of the growth in the ChiNext AI Index, with leading stocks including Tianfu Communication, Jingjia Micro, and Changxin Bochuang [1] - The Huaxia ChiNext AI ETF (159381) saw a trading volume exceeding 300 million yuan, with a 0.36% increase, reflecting active market participation [1] Group 2 - The "AI Product List" released on December 3 highlights Alibaba's Qianwen App as the fastest-growing global AI application, achieving a monthly active growth rate of 149.03% and surpassing 10 million downloads within a week of its public testing [1] - Huatai Securities emphasizes the importance of four directions for investment: computing power, storage, electricity, and applications, noting that the foundation of the large model industry is computing power [1] - The increasing demand for storage is linked to the proliferation of multimodal models, while electricity is deemed essential for the deployment of large-scale clusters, with AI applications being crucial for commercialization [1] Group 3 - The Huaxia ChiNext AI ETF tracks the ChiNext AI Index, focusing on optical module CPO computing power, domestic software and hardware, and AI applications, with a weight of 56.7% in optical modules [2] - The top three weighted stocks in the ETF are Zhongji Xuchuang (26.62%), Xinyi Sheng (19.35%), and Tianfu Communication (5.05%) [2] - The ETF has a low comprehensive fee rate of only 0.2%, making it competitive in its category [2]

Group 1 - The core viewpoint of the news highlights the strong performance of AI-related stocks, particularly the Huaxia AI ETF, which saw significant trading volume and inflows, indicating active market interest in this sector [1] - The Huaxia AI ETF (159381) focuses on the "ChiNext AI Index," with a substantial weight of 56.7% allocated to optical modules, and includes domestic software and AI application companies, showcasing high elasticity [1] - The top three holdings in the ETF are Zhongji Xuchuang (26.62%), Xinyi Sheng (19.35%), and Tianfu Communication (5.05%), with the ETF having the lowest comprehensive fee rate of 0.20% among its peers [1] Group 2 - Google's self-developed AI chip TPU is gaining market attention, with Morgan Stanley raising its production forecasts significantly for 2027 and 2028, indicating a potential revenue boost for Alphabet [2] - The production forecast for Google's TPU has been increased from approximately 3 million units to 5 million units for 2027, a 67% increase, and from about 3.2 million units to 7 million units for 2028, a 120% increase [2] - The strong performance of Google's new model Gemini 3 and Nvidia's recent earnings report suggests a positive feedback loop between model innovation and computing power expansion, driving accelerated demand for computing resources [2]

Core Insights - The CPO concept stocks in the optical module sector experienced a surge, with companies like Yuanjie Technology, Xinyi Technology, and Tianfu Communication seeing significant increases in their stock prices [1] - The Huaxia ETF (159381), which tracks the "ChiNext AI Index," rose by 1.30% and quickly surpassed a trading volume of 2.6 billion yuan, indicating strong investor interest in AI-related themes [1] - Major North American tech giants are increasing their capital expenditure forecasts, with Meta raising its forecast to $70-72 billion, Google to $91-93 billion, and Amazon to approximately $125 billion for the year [1] Industry Analysis - The rapid growth in computing power demand has led to a supply gap in the optical module industry, with structural shortages in upstream optical chips and slow capacity ramp-up being critical constraints on industry development [2] - The high technical barriers associated with high-speed optical modules further exacerbate the supply challenges, making it a key factor in the industry's growth limitations [2]

Core Insights - The AI computing hardware market remains active, with significant movements in related ETFs, particularly the 5G Communication ETF and the Huaxia Entrepreneurial AI ETF, which saw intraday gains exceeding 3% [1] - Google's recent launch of the Gemini large model showcases impressive performance improvements, utilizing the seventh-generation TPU, Ironwood, which offers four times the performance of its predecessor [1][2] - The Gemini model's success is expected to drive increased investments in AI computing capabilities across various companies, with a goal of achieving a 1000-fold increase in AI computing power over the next 4-5 years [2] ETF Overview - The Huaxia Entrepreneurial AI ETF (159381) tracks the Entrepreneurial AI Index and has a significant allocation to CPO technology, with over 54% weight in optical modules, and includes major companies like Zhongji Xuchuang and Xinyi Sheng [3] - The 5G Communication ETF (515050) focuses on the 5G communication theme and has a total scale exceeding 9 billion, with key holdings in companies such as Nvidia, Google, and Apple [3]