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Core Viewpoint - The Sci-Tech Innovation Artificial Intelligence ETF (589010) is experiencing a decline of approximately 0.67%, with significant stock performance divergence among its holdings, indicating a mixed market sentiment towards AI investments [1]. Market Performance - The ETF opened lower and is currently down by 0.67%, reflecting a weak market trend [1]. - Among the holdings, 7 stocks are rising while 23 are falling, with Sikan Technology leading the decline by over 4%, negatively impacting the index [1]. - Conversely, stocks like Weisheng Information and Aobi Zhongguang are showing resilience, rising by over 1%, suggesting structural investment opportunities [1]. - The trading volume has surpassed 1.58 billion yuan, indicating active market participation and robust capital turnover, with sustained investor interest in the AI sector [1]. Company Developments - Baidu's total Monthly Active Users (MAU) for Baidu Wenku and Baidu Wangpan is nearing 300 million, showcasing strong user engagement [1]. - The usage of Baidu APP's Wenxin Assistant is rapidly increasing, with dialogue rounds growing approximately fivefold year-on-year, and the latest Daily Active Users (DAU) reaching nearly 10 million [1]. Investment Trends - According to Open Source Securities, there is a recovery in capital expenditure among domestic internet companies, with AI computing power likely becoming a key investment focus [1]. - Since the beginning of 2023, companies like Tencent and Alibaba have shown a notable increase in capital expenditure, reinforcing the emphasis on AI computing power as a priority for investment [1]. ETF Characteristics - The Sci-Tech Innovation Artificial Intelligence ETF closely tracks the Shanghai Stock Exchange Sci-Tech Innovation Board AI Index, covering high-quality enterprises across the entire industry chain [1]. - The ETF benefits from high R&D investment and policy support, with a 20% price fluctuation range and small-cap elasticity aiding in capturing the "singularity moment" of the AI industry [1].