（文章来源：每日经济新闻） 科创人工智能ETF国泰（589110）跟踪的是科创AI指数（950180），单日涨跌幅限制达20%，该指数从 科创板市场中筛选出30家业务涵盖人工智能基础资源、核心技术研发及行业应用落地的上市公司证券作 为指数样本，集中反映科创板人工智能领域企业的整体表现。指数成分股具有显著的研发投入特征，半 导体行业占比超过50%，整体呈现小盘成长风格，市场弹性较高。 风险提示：提及个股仅用于行业事件分析，不构成任何个股推荐或投资建议。指数等短期涨跌仅供参 考，不代表其未来表现，亦不构成对基金业绩的承诺或保证。观点可能随市场环境变化而调整，不构成 投资建议或承诺。提及基金风险收益特征各不相同，敬请投资者仔细阅读基金法律文件，充分了解产品 要素、风险等级及收益分配原则，选择与自身风险承受能力匹配的产品，谨慎投资。 1月8日，科创人工智能ETF国泰（589110）涨超2.2%，半导体国产替代逻辑受关注。 申万宏源证券指出，半导体全产业链与生产制造工艺高度绑定，在设备限制等因素下，国产晶圆厂开发 出新技术路径，海外EDA工具无法为分化的国产工艺提供支撑，这为国产EDA厂商创造了独立市场空 间。近期ED ...

科创人工智能ETF国泰（589110）跟踪的是科创AI指数（950180），单日涨跌幅限制达20%，该指数从 科创板市场中选取涉及人工智能硬件、软件及服务等产业链的上市公司证券作为指数样本，以反映人工 智能领域相关上市公司证券的整体表现。科创AI指数精选在人工智能领域具有代表性和成长潜力的公 司作为成分股，行业配置侧重信息技术与高端制造，旨在全面展现中国AI产业的发展趋势和技术进 步。 （文章来源：每日经济新闻） 兴业证券指出，3D打印在消费电子领域加速渗透，折叠机铰链、手表/手机中框等场景有望开启应用元 年。AI训练和推理成本降低推动应用繁荣，端侧AI潜力巨大，耳机和眼镜或成重要载体。内存芯片价 格大幅上涨，DDR4 16Gb模块价格飙升1800%，存储供需失衡或延续至2026年。硅晶圆市场复苏，300 毫米需求驱动增长，预计2025年出货量增5%。国产DRAM产业进入新阶段，长鑫科技科创板IPO拟募资 295亿元。先进工艺扩产成为自主可控主线，CoWoS及HBM卡位AI趋势，先进封装重要性凸显。被动元 件、数字SoC、射频、存储、封测等领域呈现复苏趋势，封测环节稼动率回升并受益于AI芯片带动的先 进封装需 ...

受盘面影响，科创板人工智能相关ETF涨约2%。 有券商表示，展望2026年AI投资，有两大类投资机会：1）算力端围绕龙头确定性、新技术升级方向、本土化产业集群加速以及订单 外溢寻找投资机会；2）以OpenAI为代表的厂商今年都加快了应用商业化，收入快速增长，寻找AI对各行业赋能和改造的投资机会。 每日经济新闻 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 ▼ | | --- | --- | --- | --- | --- | | 589560 | 科创人工智能ETF汇添富 | 0.945 | 0.019 | 2.05% | | 589110 | 科创人工智能ETF国泰 | 0.910 | 0.018 | 2.02% | | 589380 | 科创AIETF富国 | 1.385 | 0.027 | 1.99% | | 588760 | 人工智能ETF科创 | 0.743 | 0.014 | 1.92% | | 589010 | 科创人工智能ETF华夏 | 1.385 | 0.026 | 1.91% | | 589520 | 科创人工智能ETF华宇 | 0.592 | 0.011 | 1.89% | | 5 ...

风险提示：提及个股仅用于行业事件分析，不构成任何个股推荐或投资建议。指数等短期涨跌仅供参 考，不代表其未来表现，亦不构成对基金业绩的承诺或保证。观点可能随市场环境变化而调整，不构成 投资建议或承诺。提及基金风险收益特征各不相同，敬请投资者仔细阅读基金法律文件，充分了解产品 要素、风险等级及收益分配原则，选择与自身风险承受能力匹配的产品，谨慎投资。 （文章来源：每日经济新闻） 东海证券指出，美方批准英伟达对华出售H200芯片并收取25%分成的政策，或将加快中国AI模型训练 进程，但短期内可能对国产AI芯片厂商的市场拓展和生态构建形成压力。美国芯片巨头博通2025财年 第四季度业绩全面超出市场预期，AI芯片销售额同比增长74%，成为增长核心动力，预计下一季度保持 高速增长。当前电子行业需求持续复苏，供给有效出清，存储芯片价格上涨，国产化力度超预期。行业 呈现结构性机会，包括AI算力、半导体设备、关键零部件和存储涨价等领域。 科创人工智能ETF国泰（589110）跟踪的是科创AI指数（950180），单日涨跌幅达20%，该指数从科创 板市场中选取30只涉及人工智能基础资源、技术及应用支持的上市公司证券作为指数样本， ...

Core Insights - The next three years will see "advanced process expansion" as a key focus for self-controlled development, with CoWoS and HBM positioning to benefit from the AI industry trend, highlighting the importance of advanced packaging [1] - Storage prices have bottomed out and are beginning to recover, with the testing and packaging sector's utilization rates gradually increasing, expected to benefit from the explosive demand for advanced packaging driven by AI [1] - In the consumer electronics sector, the successful application of foldable hinge technology by Honor and OPPO, along with increased investment from Apple, is set to accelerate the penetration of 3D printing, marking a potential new era for consumer electronics applications [1] - The potential for edge AI is significant, with headphones and glasses expected to become key carriers for edge AI agents, while the reduction in AI training and inference costs is likely to promote the flourishing of AI applications [1] - The Guotai Innovation Artificial Intelligence ETF (589110) tracks the Innovation AI Index (950180), which saw a daily fluctuation of 20%, reflecting the overall performance of listed companies in the AI infrastructure, core technology, and industry application sectors within the Sci-Tech Innovation Board [1]

Group 1 - The core viewpoint of the article emphasizes that the recent interest rate cut by the Federal Reserve may benefit growth investments in the global stock market, particularly in the artificial intelligence sector [1][2] - The newly launched Kexin AI ETF aims to track the Kexin AI Index, covering various segments of the AI industry chain, from upstream computing infrastructure to downstream application scenarios, thereby diversifying risks associated with single sectors [1][3] - The driving logic in the AI field is identified as a "chip + application" dual engine, with increasing domestic market penetration for computing power and strong policy support for domestic chip companies [1][4] Group 2 - The Kexin AI ETF is currently in a significant issuance period, attracting attention from investors due to the influx of medium to long-term funds and potential policy support from the "14th Five-Year Plan" [2] - Despite recent market volatility, certain technology growth sectors, especially those related to AI, such as semiconductor chips and communication equipment, continue to show strong market performance [2][3] - The Kexin AI Index, which the ETF tracks, includes leading companies in both upstream computing power and downstream applications, with a significant weight in the semiconductor industry at approximately 51% [3] Group 3 - The article forecasts that the leading role of the AI sector will become increasingly prominent, driven by breakthroughs in large model technologies and rapid growth in domestic AI market demand [4] - The dual driving feature of the AI industry, encompassing both upstream computing power and downstream applications, is expected to create stronger synergies in future market competition [4] - Investors are encouraged to adopt a dual layout strategy of "chip + application" to better capture future investment opportunities within the AI industry chain [4]

Core Insights - The AI sector is experiencing a significant rally, with a focus on the newly launched Guotai Science and Technology Artificial Intelligence ETF (subscription code: 589113), which captures opportunities in both "chip and application" segments [1] Group 1: Industry Developments - Domestic computing power is undergoing changes from both supply and demand sides, with companies like Huawei's Ascend leading the way in chip performance improvements, providing support for the domestic AI industry [1] - Major domestic internet companies are gradually adapting to domestic chips, which is expected to drive continued growth in capital expenditures, thereby supporting the demand for domestic computing power [1] Group 2: Investment Opportunities - The Guotai Science and Technology Artificial Intelligence ETF tracks the Science and Technology AI Index, covering the entire AI industry chain from upstream computing power to downstream application scenarios, including leading companies in computing power and high-quality firms in the application sector [1] - The ETF offers a risk diversification strategy by including a variety of companies, with a price fluctuation limit of 20%, and primarily focuses on mid-cap stocks, which are expected to exhibit stronger price elasticity compared to large-cap indices [1] - The ETF is currently in a significant issuance phase, attracting attention from interested investors [1]

Core Viewpoint - The launch of the Guotai Science and Technology Artificial Intelligence ETF (subscription code: 589113, trading code: 589110) is currently underway, focusing on opportunities driven by both "chips and applications" in the AI sector [1][2]. Group 1: Industry Trends - The AI industry shows clear trends with established business models, particularly in North America where cloud providers have formed a closed loop, leading to rapid revenue growth that supports increased capital expenditure [1]. - The market size for AI is substantial, with certain segments still experiencing positive second-order growth rates. North American cloud providers' capital expenditures approached $100 billion in the second quarter, reflecting over 60% year-on-year growth [1]. - There are significant marginal changes in the industry, with domestic computing power accelerating its development. The growth in GPU production is driving the semiconductor supply chain, while domestic efforts in the semiconductor industry are overcoming production obstacles and expanding capacity [1]. Group 2: Investment Opportunities - A-share quality assets are being revalued, with the AI industry chain becoming a primary focus. The domestic semiconductor industry, representing the highest level of industrial production in China, is expected to benefit from revaluation gains [2]. - The Federal Reserve's interest rate cuts are anticipated to benefit growth sectors in the global equity market. The Guotai Science and Technology Artificial Intelligence ETF, which tracks the AI index, covers the entire AI industry chain from upstream computing power to downstream applications, including leading companies in computing power and quality firms in the application sector [2]. - The ETF is designed to effectively diversify risks associated with single sectors, with a 20% limit on index fluctuations, primarily focusing on mid-cap stocks that exhibit stronger volatility compared to the broader market index [2].

Core Insights - The article highlights the rapid growth of the AI sector in China, driven by technological innovation and supportive policies, with a particular focus on the upcoming launch of the Guotai Science and Technology Artificial Intelligence ETF, which aims to capture long-term investment opportunities in the AI sector [1][2]. Group 1: Market Trends - The AI sector has been leading the A-share market, especially since the beginning of the year, with significant contributions from DeepSeek [1]. - Despite recent market adjustments, the long-term upward trend remains intact, indicating continued investor interest in AI [1]. - The Guotai Science and Technology Artificial Intelligence ETF will closely track the Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence Index, which includes 30 large-cap companies involved in AI [1]. Group 2: Industry Growth Projections - According to a report by Galaxy Securities, the global AI market is expected to reach $3.68 trillion by 2034, driven by breakthroughs in large models [2]. - China's AI industry is projected to maintain a compound annual growth rate (CAGR) of 32.1% over the next five years, potentially surpassing a trillion-dollar market size by 2029 [2]. - The Guotai ETF is positioned to represent the industry's growth and investment potential amid the ongoing technological wave [2]. Group 3: Index Performance - The Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence Index has seen a nearly 130% increase since September 2024, benefiting from advancements in capital market construction and the growing influence of domestic computing power [1]. - The index focuses on five major sectors: electronics, computers, home appliances, machinery, and communications, covering various fields such as computing, chips, software, and services [1].