Group 1 - The A-share market experienced a collective low opening on May 27, with the Sci-Tech Chip Index down by 0.38% as of the report [1] - The Sci-Tech Chip ETF (588200) saw a decline of 0.47%, with a trading volume exceeding 1.5 billion yuan [1] - Notably, the Sci-Tech Chip ETF (588200) demonstrated a significant "capital absorption effect," with a net inflow of over 650 million yuan in the last five trading days [1] Group 2 - Arm's recent announcement confirmed that the custom silicon "Xuanjie O1" is independently developed by Xiaomi, marking a milestone in their 15-year collaboration [2] - The Xuanjie O1 chip utilizes the latest Armv9.2 architecture and supports advanced 3nm process technology, showcasing excellent performance and energy efficiency [2] - Analysts from Huafu Securities express optimism about the launch of Xuanjie, believing it will enhance China's high-end SoC design capabilities and support the domestic chip industry's upgrade [2]