Group 1 - The core viewpoint indicates that the AI sector is experiencing a downturn, with the Sci-Tech Innovation AI ETF (589010) dropping by 2.46% to 1.388 yuan, mirroring the decline of the Shanghai Sci-Tech AI Index, which fell by 2.53% [1] - The ETF opened high but quickly retreated, showing a volatile downward trend throughout the morning, with a slight support level found around 1.377 yuan in the afternoon [1] - Among the 30 disclosed constituent stocks, only 3 saw gains while 27 experienced declines, with Daotong Technology and Anlu Technology leading the losses, both dropping over 6% [1] Group 2 - Oracle announced the deployment of over 450,000 NVIDIA GPUs in its "StarGate" project in Abilene, Texas, which will support the Zetascale10 system for real-time data processing across regions [1] - The system is designed to enable AI models to complete learning iterations without data migration, being referred to as the "cornerstone of the next generation of AI civilization" [1] - Guosheng Securities noted that the increasing demand for large model calls and the continuous investment in computing power by major domestic and international companies will boost the domestic computing power industry chain, including sectors like optical modules and PCBs [1] Group 3 - The Sci-Tech Innovation AI ETF closely tracks the Shanghai Sci-Tech Board AI Index, covering high-quality enterprises across the entire industry chain, benefiting from high R&D investment and policy support [2] - The ETF's 20% price fluctuation limit and the elasticity of small and mid-cap stocks help capture the "singularity moment" in the AI industry [2]

Market Review - The Sci-Tech Innovation Artificial Intelligence ETF (589010) closed at 1.441 CNY, up 0.63%, showing a steady upward trend with a total trading volume of approximately 8.87 billion CNY, indicating active buying and good liquidity [1] - Among the constituent stocks, 26 increased while 4 decreased, with notable gains from companies like Obsidian Technology, Fudan Microelectronics, and Cambricon, each rising by 3%, highlighting strong performance in computing and AI chip sectors [1] - The Robot ETF (562500) rose by 2.38% to 1.033 CNY, continuing its strong rebound with a trading volume of 14.97 billion CNY, reflecting active market participation [1] - In the Robot ETF, 69 out of 73 constituent stocks increased, with significant gains from companies such as Southern Network Technology and Jiangsu Leili, each rising over 5% [1] Hot News - Lingyi Technology announced the establishment of Dongguan Lingzhi Innovation Robot Technology Co., with an 80% stake, focusing on the R&D and production of industrial robots and planning to expand into new materials, sensors, and battery technologies [2] - Meta Platforms Inc. is investing over 1.5 billion USD in a new 1 GW data center to support its AI initiatives, with total capital expenditures for the year expected to reach 72 billion USD, including AI-related infrastructure [2] - The Hong Kong Monetary Authority and Hong Kong Cyberport announced the second phase of the Generative AI sandbox, inviting 27 use cases from 20 banks and 14 tech partners out of over 60 proposals [2] Institutional Views - Dongwu Securities predicts that humanoid robots will become the best carriers for AI, potentially entering a significant industrial cycle over the next decade, with small-scale production expected to begin by 2025 and rapid industry chain expansion anticipated by 2026 [3] Popular ETFs - The Robot ETF (562500) is the only ETF in the market with a scale exceeding 20 billion CNY, offering the best liquidity and comprehensive coverage of the Chinese robot industry [4] - The Sci-Tech Innovation Artificial Intelligence ETF (589010) is described as the "brain" of robotics, capturing the "singularity moment" in the AI industry with a 20% price fluctuation range and flexibility in small and mid-cap stocks [4]

Group 1 - The A-share market showed mixed performance with the Shanghai Composite Index rising by 0.38%, while the Shenzhen Component Index fell by 0.19%, and the ChiNext Index declined by 1.33% [1] - The technology sector saw gains in rare earth permanent magnets, while consumer electronics and gaming sectors continued to adjust [1] - The AI ETF (515070) saw leading gains from stocks such as Hikvision, Langchao Technology, and Beijing Junzheng, with increases of 2.76%, 1.85%, and 1.33% respectively [1] Group 2 - On October 11, the Ministry of Industry and Information Technology and six other departments jointly issued a plan to promote the integration of artificial intelligence technology with service-oriented manufacturing from 2025 to 2028, injecting new momentum into the sector [1] - The plan emphasizes strengthening new information infrastructure, strategically deploying computing power infrastructure, and deepening the integration of "5G + industrial internet," accelerating the intelligent transformation of manufacturing [1] - Huatai Securities believes that the long-term growth logic of the AI industry remains clear, with artificial intelligence being one of the main lines of future prosperity, and expectations for the domestic industrial chain continue to improve [1] Group 3 - The AI ETF (515070) tracks the CS Artificial Intelligence Theme Index (930713), selecting component stocks that provide technology, basic resources, and applications for artificial intelligence, focusing on the midstream and upstream of the AI industry chain [2] - The top ten weighted stocks include leading domestic technology companies such as Zhongji Xuchuang, Xinyi Sheng, Cambricon Technologies, and others [2]