Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index has decreased by 5.00% as of October 10, 2025 [1] - Among the constituent stocks, Chipone Technology has led the decline with a drop of 8.68%, followed by Hengxuan Technology at 8.32%, and Hongsoft Technology at 8.15% [1] - The Huaxia Sci-Tech Artificial Intelligence ETF (589010) has fallen by 4.87%, with the latest price at 1.5 yuan [1] Group 2 - The Huaxia Sci-Tech Artificial Intelligence ETF (589010) has seen a trading volume of 39.63% during the session, with a total transaction value of 312 million yuan, indicating active market trading [1] - The latest scale of the Huaxia Sci-Tech Artificial Intelligence ETF (589010) has reached 812 million yuan, with a total share count of 513 million [1] - Over the past six days, the Huaxia Sci-Tech Artificial Intelligence ETF (589010) has experienced continuous net inflows, with a maximum single-day net inflow of 208 million yuan, totaling 499 million yuan, averaging 83.13 million yuan per day [1] Group 3 - Google's cloud division has launched an AI platform named Gemini Enterprise, aimed at ordinary employees to enhance competition in the office sector against Microsoft and OpenAI [2] - The platform is designed to provide an easy-to-use AI tool for employees to automate complex tasks and generate content, with a monthly fee of $30 per user [2] - Huatai Securities notes that domestic computing power manufacturers are accelerating product iterations and financing progress, with Huawei set to unveil the Ascend 950 series in 2026 [2] Group 4 - The Huaxia Sci-Tech Artificial Intelligence ETF (589010) closely tracks the Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index, covering high-quality enterprises across the entire industry chain [3] - The ETF benefits from high R&D investment and policy support, with a 20% price fluctuation limit and small-cap elasticity aiding in capturing the "singularity moment" of the AI industry [3]

Core Insights - Huawei unexpectedly revealed its future chip roadmap during the Huawei Connect 2025 event, showcasing several new chips including the Ascend 950, 960, and 970 series for AI computing, as well as the Kunpeng 950 and 960 processors for general computing [1][3][10] Group 1: Chip Developments - The Ascend 950 series chips will support low-precision data formats and achieve computing power of 1P and 2P, enhancing training efficiency and inference throughput [3][10] - The Ascend 960 is planned to double the performance of the Ascend 950 and will support Huawei's self-developed HiF4 data format, set to launch in Q4 2027 [7] - The Ascend 970 will further enhance specifications compared to the Ascend 960, with plans for release in Q4 2028 [7] Group 2: Supernode and Cluster Innovations - Huawei introduced the Atlas 950 supernode, which will consist of 8192 Ascend 950DT chips, achieving FP8 computing power of 8E FLOPS and FP4 computing power of 16E FLOPS, set to launch in Q4 2026 [11][13] - The Atlas 960 supernode, planned for Q4 2027, will be based on 15488 Ascend 960 chips, with FP8 computing power reaching 30E FLOPS and FP4 computing power reaching 60E FLOPS [13] - The Atlas 950 SuperCluster will consist of 64 Atlas 950 supernodes, achieving FP8 computing power of 524 EFLOPS, making it the world's strongest computing cluster [18] Group 3: Software and Ecosystem Development - Huawei aims to develop a robust software ecosystem to complement its hardware, with the CANN deep learning framework and MindSpore framework serving as alternatives to NVIDIA's CUDA [21][22] - The company plans to open-source its CANN compiler and virtual instruction set interface by the end of 2025, along with the Mind series application tools [22][24] - Huawei's strategy emphasizes hardware evolution through existing chip technology while fostering an open-source ecosystem to address challenges posed by U.S. sanctions [24]