Core Viewpoint - The software ETF (515230) rose over 0.7% on January 8, driven by the potential of the mHC architecture to reshape industry logic through a new paradigm in AI chip design [1] Group 1: mHC Architecture - The mHC architecture is expected to introduce a new paradigm in AI chip design by combining manifold constraints with engineering optimization, addressing the mismatch between computing power and bandwidth [1] - This architecture promotes the logic of "software actively adapting to hardware bottlenecks," steering the industry towards a direction of "efficiency first" in hardware-software collaboration [1] - mHC significantly reduces bandwidth requirements through optimizations like kernel fusion and selective recomputation, indicating that chip design does not need to solely pursue high-bandwidth memory [1] Group 2: Innovation and Market Impact - The manifold constraint logic of mHC may drive innovation in dedicated computing units for chips, potentially breaking the current monopoly of "general computing units" in AI chips and advancing towards a "general + dedicated" heterogeneous architecture [1] - The mHC architecture, as released by DeepSeek, has shown stable performance, excellent scalability, high cost-effectiveness, and efficiency in large-scale model training [1] - mHC may indicate a new direction for the evolution of next-generation infrastructure, deepening the understanding of how topological structures influence optimization and representation learning [1] Group 3: Software ETF Overview - The software ETF (515230) tracks the software index (H30202), which selects securities from publicly listed companies involved in software development, services, and related technology fields to reflect the overall performance of the software industry [1] - The software index primarily focuses on the information technology sector, characterized by significant growth potential and innovation [1]