Core Insights - The Chinese Academy of Sciences has launched the world's first AI-based processor chip design system named "Enlightenment," which automates the entire design process from hardware to basic software, achieving performance comparable to human experts [1] - This technological breakthrough is expected to accelerate the self-sufficiency of domestic computing power chips and significantly boost the development of China's AI industry [1] Industry Overview - The AI ETF by FuGuo, which tracks the Sci-Tech AI Index, focuses on 30 selected AI companies on the Sci-Tech Board, particularly in critical areas like chips and cloud computing, which are essential for achieving self-sufficiency in AI [1] - The Sci-Tech AI Index covers the entire AI industry chain, with a strong emphasis on upstream infrastructure, where companies like Cambricon, Lattice Semiconductor, and Chipone dominate, indicating a significant potential for technological breakthroughs in the semiconductor sector [2] Historical Performance - The Sci-Tech AI Index has shown a remarkable performance since its inception, with a return of 62.60% as of June 12, 2025, outperforming other AI indices and the Sci-Tech 50 Index [2] - The index's higher elasticity compared to mainstream AI indices highlights its effectiveness in capturing investment opportunities in the rapidly growing domestic AI sector [2] Future Outlook - The investment logic in the AI industry is shifting from storytelling to performance, with expected revenue growth rates for the Sci-Tech AI Index at 34%, 18%, and 22% from 2025 to 2027, and net profit growth rates at 102%, 47%, and 32% respectively [3] - FuGuo Fund, with over 16 years of experience in quantitative investment, is well-positioned to support the new fund's operations, offering a diverse range of investment products and strategies [3]

Group 1: ETF Performance - The Sci-Tech Chip ETF has a turnover rate of 1.72% and a transaction volume of 443 million yuan [3] - Over the past year, the average daily transaction volume of the Sci-Tech Chip ETF is 2.275 billion yuan, ranking first among comparable funds [3] - In the last two weeks, the Sci-Tech Chip ETF's scale increased by 818 million yuan, also ranking first among comparable funds [3] - The ETF's share increased by 132 million shares in the past week, marking significant growth and ranking first among comparable funds [3] - In the last five trading days, there were net inflows on three days, totaling 235 million yuan [3] - The latest margin buying amount for the Sci-Tech Chip ETF reached 81.64 million yuan, with a margin balance of 1.457 billion yuan [3] - As of June 11, the net value of the Sci-Tech Chip ETF has risen by 53.83% over the past year, ranking 73rd out of 2846 index equity funds, placing it in the top 2.57% [3] - Since its inception, the ETF's highest monthly return was 25.18%, with the longest consecutive monthly gains being four months and the longest gain percentage being 36.01% [3] Group 2: Industry Outlook - The Chinese Academy of Sciences has launched the world's first fully automated design system for processor chips based on AI technology, named "Enlightenment," which can achieve automated design from hardware to software [4] - The global demand for AI computing power continues to rise, with both training and inference sectors driving positive growth in future AI computing needs [4] - WSTS has revised its 2025 global semiconductor sales forecast upwards, with logic and memory sectors expected to maintain double-digit growth due to ongoing demand from AI, cloud infrastructure, and advanced consumer electronics [4] - The semiconductor industry is projected to have a favorable investment outlook in the near future, with recommendations to focus on quality companies in related fields [4] - As of May 30, 2025, the top ten weighted stocks in the Sci-Tech Chip Index account for 57.93% of the index, including companies like SMIC, Haiguang Information, and Cambrian [4] Group 3: Stock Performance - The top ten stocks in the Sci-Tech Chip Index show varied performance, with SMIC down by 0.52% and Cambrian up by 1.50% [6] - The weight of SMIC in the index is 10.08%, while Cambrian holds a weight of 8.61% [6] - Investors without stock accounts can access domestic chip investment opportunities through the Sci-Tech Chip ETF linked fund (017470) [6]

Core Viewpoint - The article highlights the launch of "Qimeng," the world's first fully automated design system for processor chips based on artificial intelligence technology, marking a significant advancement in China's chip design capabilities [1][2]. Group 1: AI-Driven Chip Design - "Qimeng" system can automate the entire design process from hardware to basic software, achieving performance levels comparable to human experts [1]. - The traditional chip design process is complex, requiring hundreds of experts and taking months or years, which is costly and time-consuming [1]. - The demand for specialized processor chip design is increasing due to emerging technologies like AI, cloud computing, and edge computing, while the workforce in China is insufficient to meet this demand [1]. Group 2: Achievements of "Qimeng" - The first fully automated designed CPU chip, "Qimeng 1," completed the front-end design of a 32-bit RISC-V CPU in 5 hours, achieving performance equivalent to Intel 486 with over 4 million logic gates [2]. - The upgraded version, "Qimeng 2," is the first fully automated design of a superscalar processor core, reaching ARM Cortex A53 performance with 17 million logic gates [2]. - The system can automatically generate optimized operating system kernel configurations, improving performance by 25.6% compared to manual optimization by experts [2]. Group 3: Impact on Chip Design Paradigm - The research is expected to transform the design paradigm of processor chip hardware and software, reducing human involvement, enhancing design efficiency, and shortening design cycles [2]. - It allows for rapid customization of designs to meet specific application needs, addressing the increasingly diverse requirements in chip design [2].