全球AI科技板块大反攻，如期而至。 CPO、光通信、光芯片等板块出现多家公司封于涨停板，带动人工智能ETF(159819)、科创人工智能ETF(588730)均涨超2%。 催化因素，不可谓不大，海外有新模型参数爆表、"AI创世纪计划"，国内又有新的AI应用app成为爆款，等等。 盘整近2个月的AI科技板块，又能否借着这次大反攻，再次引爆资本市场呢？ "泡沫论"被证伪？ 这已不是新鲜事，事实上，过去几年，几乎每隔数月就出现一次，当中不乏知名投资人，例如木头姐。 说起这一次大反攻，需要提及一下谷歌。 隔夜美股市场，谷歌单日6.3%的飙升，市值逼近2万亿美元，证明其在AI模型（Gemini）和算力（TPU）上的全力投入，正获得资本的认可。 更深刻的意义，在于谷歌证实了"多极竞争"格局的形成，并极大地增强了整个AI赛道的可信度，据报Meta Platforms正考虑斥资数十亿美元购买谷歌的 TPU，包括用于Meta的数据中心建设。 除了谷歌，还有Claude Opus 4.5发布，代表了AI大模型能力的又一次飞跃，特别是在编程、智能体和日常办公应用方面，更强大的模型需要更强大的算力 基础设施作为支撑，这直接催化了底层 ...

昨日，广东省印发《广东省国家数字经济创新发展试验区建设方案（2025—2027年）》，方案指出，到 2027年，数字经济发展水平稳居全国首位，数字经济核心产业增加值占GDP比重超过16%，打造3个具 有国际竞争力的万亿级数字产业集群，人工智能核心产业规模超过4400亿元，算力规模超过 60EFLOPS。 （文章来源：每日经济新闻） 东兴证券认为，人工智能行业当前处于政策、技术、需求三维共振阶段，叠加"人工智能+"行动带来自 上而下的政策赋能及潜在资金支撑，国产芯片及云计算龙头在业绩上逐步验证、大厂CapEx持续投入推 高行业发展确定性。人工智能行业景气度仍有上行空间，其在科技投资领域的主线地位较难撼动。 今日市场低开震荡，科技板块午后跌幅有所收窄，资金逢低配置意愿明显，截至13:49，上证科创板人 工智能指数下跌1.5%，中证人工智能主题指数下跌2.9%，人工智能ETF（159819）盘中净申购超1.6亿 份。 中证人工智能主题指数由50只为人工智能提供基础资源、技术及应用支持的股票组成，覆盖AI全产业 链；上证科创板人工智能指数则从科创板市场选取30只市值较大、业务涉及人工智能领域的股票作为样 本，"硬科技 ...

Group 1 - The core viewpoint of the news highlights a positive trend in the AI sector, with significant increases in relevant indices, indicating growing investor confidence in artificial intelligence [1] - The China Securities Index for artificial intelligence rose by 1.3%, while the Shanghai Stock Exchange Sci-Tech Innovation Board AI Index increased by 1.4%, reflecting a bullish sentiment in the market [1] - Recent signals from high-level government and industry officials emphasize the importance of AI, with the State Council promoting scenario cultivation to bridge the gap between technology and industrialization [1] Group 2 - The Ministry of Industry and Information Technology stressed the deep integration of AI with manufacturing and the acceleration of breakthroughs in core technologies, indicating a strategic focus on enhancing industrial capabilities through AI [1] - Alibaba has proposed a three-stage theory for AI development and is actively promoting the construction of a super AI cloud and an open-source ecosystem, which could lead to significant advancements in the sector [1]

截至午间收盘，中证人工智能主题指数上涨0.5%，上证科创板人工智能指数上涨0.1%，人工智能ETF（159819）半日成交额超3亿元。 每日经济新闻 （责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请 读者仅作参考，并请自行承担全部责任。邮箱：news_center@staff.hexun.com ...

截至午间收盘，中证人工智能主题指数上涨0.5%，上证科创板人工智能指数上涨0.1%，人工智能ETF（159819）半日成交额超3亿元。 每日经济新闻 ...

本周，上证科创板人工智能指数下跌4.5%，中证人工智能主题指数下跌5.5%，资金持续加仓，截至昨日，人工智能ETF （159819）和科创人工智能ETF（588730）本周分别获4.3亿元和4300万元资金净流入。 华泰证券认为，人工智能行业正处于快速发展阶段，技术创新和应用场景不断拓展。随着政策支持力度的加大以及市场需 求的增长，人工智能产业链将迎来新的发展机遇。特别是中上游的基础技术领域如芯片、算法框架等，将成为未来投资的 重点方向，人工智能的长期投资价值显著。 | | 中证人工智能主题指数 | 上证科创板人工智能指数 | | --- | --- | --- | | 本周涨跌幅 | -5. 5% | -4. 5% | | 指数滚动 | 4.7倍 | 15. 3倍 | | 市销率 | | | | 滚动市销率 | 93. 2% | 79.7% | | 分位 | | | | 跟踪该指数 的ETF | 人工智能ETF | 科创人工智能ETF | | | (159819) | (588730) | 上证科创板人工智能指数 N 覆盖科创板人工智能龙头,由科创板市场中30只市值较大且 业务涉及人工智能基础资源、技术以及 ...

Core Viewpoint - The computing chip sector is experiencing a strong rebound, with significant gains in stocks like Cambricon, which rose over 4%, pushing its market capitalization back above 600 billion [1] Group 1: Market Performance - The Sci-Tech Innovation Artificial Intelligence ETF (588730) has turned positive, tracking the Shanghai Stock Exchange's Sci-Tech Innovation Board AI Index, which covers various segments of the AI industry [1] - The digital chip design sector holds a weight of 52.6% in the ETF, with the top three weighted stocks being Lattice Semiconductor (12.56%), Chipone Technology (10.61%), and Cambricon [1] Group 2: Policy and Future Outlook - On October 21, the Ministry of Industry and Information Technology publicly solicited opinions on the "Guidelines for the Construction of Computing Power Standard System (2025 Edition)," which outlines goals for 2027 related to general computing, infrastructure, and device integration [1] - Goldman Sachs predicts that the Chinese stock market will enter a more sustained upward phase, with key indices expected to rise by approximately 30% by the end of 2027, driven by a 12% growth in earnings trends and a 5%-10% potential for further revaluation [1] Group 3: Investment Drivers - Analysts highlight that the reasons for a sustained bull market include a combination of demand-side stimulation and the new five-year plan, which aids in growth rebalancing and internal risk mitigation [1] - The impact of artificial intelligence is reshaping profit structures, with AI capital expenditures positively affecting profits [1]

Core Insights - The semiconductor and AI sectors are experiencing significant growth, with the Sci-Tech Innovation AI ETF rising by 3.14% and reaching a historical net asset value high, driven by strong performances from key stocks like Cambrian and Lattice Power [1] Group 1: Market Performance - On the last trading day before the holiday, the chip and AI sectors led the market, with Lattice Technology increasing over 7% [1] - The Sci-Tech Innovation AI ETF, which tracks the Shanghai Stock Exchange Sci-Tech Innovation Board AI Index, has a semiconductor weight of 54.1%, with top three holdings being Cambrian (16.62%), Lattice Technology (10%), and Chip Original [1] Group 2: Fund Inflows - There has been a significant inflow of funds into the Sci-Tech Innovation AI ETF, with a net inflow of 114 million yuan over the past five days, bringing the total fund size to 1.747 billion yuan [1] Group 3: Industry Developments - DeepSeek announced updates to its official app and services, significantly reducing API costs by over 50%, which is expected to enhance developer engagement [1] - Several domestic chip manufacturers have completed adaptations for DeepSeek-V3.2-Exp, with Cambrian announcing the synchronization of its latest model and the open-sourcing of its large model inference engine [2] - Tencent has launched and open-sourced its native multimodal image generation model, HunyuanImage 3.0, which has a parameter scale of 80 billion, marking a significant advancement in the industry [2] - Huaxin Securities has expressed optimism about the domestic AI chip industry, highlighting the complete integration of the AI industry chain from advanced processes to model acceleration by major companies like ByteDance, Alibaba, and Tencent [2]

Core Insights - The artificial intelligence sector is experiencing mixed performance, with the CSI Artificial Intelligence Theme Index rising by 0.4% this week, while the SSE Sci-Tech Innovation Board AI Index fell by 1.3% [1][3]. Index Performance - The CSI Artificial Intelligence Theme Index has a rolling price-to-sales ratio of 97.5%, while the SSE Sci-Tech Innovation Board AI Index has a rolling price-to-sales ratio of 98.2% [3]. - The CSI Artificial Intelligence Theme Index has shown significant growth over various time frames, with a 1-month cumulative increase of 19.6%, a 3-month increase of 61.9%, and a year-to-date increase of 61.7% [8]. - The SSE Sci-Tech Innovation Board AI Index has also performed well, with a 1-month cumulative increase of 12.5%, a 3-month increase of 48.1%, and a year-to-date increase of 57.1% [8]. Market Outlook - Huawei's recent report, "Intelligent World 2035," indicates that AI will penetrate over 90% of industries and create more than $30 trillion in digital economic value by 2035, suggesting a transformative impact on the global economy [1].

Group 1 - The chip and computing sectors continue to perform strongly, with Cambricon rising nearly 5% and returning above 1500 yuan, while Northern Huachuang, SMIC, and Haiguang Information reached new highs during trading [1] - Huawei's rotating chairman Xu Zhijun emphasized that computing will remain crucial for artificial intelligence, predicting the launch of the Ascend 950PR chip in Q1 2026 [1] - Baidu and Alibaba's recent AI developments have attracted market attention, with Baidu reporting approximately 500 million yuan in revenue from digital human-related businesses in Q2, a 55% quarter-on-quarter increase [1] Group 2 - The Federal Reserve's decision to cut interest rates by 25 basis points is expected to improve liquidity, benefiting the valuation of technology stocks [1] - The Sci-Tech Innovation Artificial Intelligence ETF tracks the Shanghai Stock Exchange Sci-Tech Innovation Board AI Index, with a semiconductor weight of 54.1%, and the top three weighted stocks being Cambricon (16.62%), Lattice Semiconductor (10%), and Chipone Technology (8.65%) [1] - The Artificial Intelligence ETF covers the entire AI industry chain, attracting 6.369 billion yuan in inflows this year, with a total size of 22.795 billion yuan, making it the largest in its category and the only one exceeding 10 billion yuan, offering a low-cost and high-liquidity investment tool for AI sector exposure [1]