近日，有业内人士指出实现通用人工智能（AGI）已是确定性事件，但这只是起点，终极目标是迈向超 越人类、能够自我进化的超级人工智能（ASI）。ASI是什么？其发展将经历哪些阶段？未来的产业潜 力与投资前景如何？（资料参考：中国新闻网《吴泳铭：未来5年全球AI投入将超4万亿美元，ASI为终 极目标》，2025.09.24） 三阶段演进：从"学习人"到"超越人" AGI的目标是将人类从80%的日常工作中解放出来，让人们专注于创造与探索。而ASI作为全面超越人 类智能的系统，有望创造"超级科学家"和"跨领域超级工程师"，或能加速攻克医学、材料、能源、气候 及航天等前沿领域的重大难题。（资料参考：中国新闻网《吴泳铭：未来5年全球AI投入将超4万亿美 元，ASI为终极目标》，2025.09.24） 具体来看，通往ASI的路径可划分为三个关键阶段： 第一阶段：智能涌现——"学习人"。互联网的数十年发展为智能技术奠定了知识数字化基础。当前大模 型通过理解海量数字化知识，已发展出泛化智能与通用对话能力，不仅能理解意图、解答问题，更初步 具备多步推理能力，标志着AI进入"学习人"的阶段。 潜力释放：重塑生产效率，开启万亿市场 人 ...

科创板人工智能ETF（588930）紧密跟踪上证科创板人工智能指数（950180.CSI）。该指数从科创板市 场中选取30只市值较大且业务涉及为人工智能提供基础资源、技术以及应用支持的上市公司证券作为指 数样本，以反映科创板市场代表性人工智能产业上市公司证券的整体表现。 消息面上，据央视新闻，记者从国家发展改革委举行的新闻发布会上了解到，我国将加大力度，支持各 类企业深度参与"人工智能+"行动。国家发展改革委新闻发言人李超介绍，为深入实施"人工智能+"行 动，我国将采取多个举措，支持包括民营企业在内的各类企业深度参与"人工智能+"行动。 9月30日，A 股三大指数集体高开，上证科创板人工智能指数截至发稿涨3.09%，成分股中，乐鑫科技 涨超7%，云天励飞-U、海天瑞声、寒武纪-U、福昕软件、复旦微电等跟涨。 相关ETF中，创板人工智能ETF（588930）高开，截至发稿涨3.12%，成交额超2900万元。 资金流向上，Wind金融终端数据显示，科创板人工智能ETF（588930）昨日获超2900万元资金净流 入，拉长时间线看，该ETF近5日持续获资金净流入，累计"吸金"超1.7亿元。 中银国际表示，AI应用商 ...

Group 1 - A-shares indices opened higher on September 29, with the Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index rising by 0.81%, driven by significant gains in stocks such as Lanke Technology and Daotong Technology, which both increased by over 3% [1] - The Sci-Tech Innovation Board Artificial Intelligence ETF (588930) saw a preliminary increase of 0.42% with a trading volume nearing 10 million yuan, indicating active trading at the start [1] - The ETF has experienced net inflows for four consecutive trading days, accumulating over 140 million yuan, reflecting strong investor interest [1] Group 2 - The AICC2025 Artificial Intelligence Computing Conference was held in Beijing on September 26-27, where over 30 companies, including China Mobile and Inspur Information, jointly released the "Beijing Plan" for intelligent computing applications [2] - Tianfeng Securities expressed optimism about the AI industry and the AIDC industry chain, anticipating 2025 to be a pivotal year for domestic AI infrastructure competition and application development [2] - Continuous advancements in AI, particularly in reasoning and multimodal areas, are expected to drive investment opportunities within the AI sector [2]

科创板人工智能ETF（588930）紧密跟踪上证科创板人工智能指数（950180.CSI）。该指数从科创板市 场中选取30只市值较大且业务涉及为人工智能提供基础资源、技术以及应用支持的上市公司证券作为指 数样本，以反映科创板市场代表性人工智能产业上市公司证券的整体表现。 9月26日，A股三大指数集体低开，上证科创板人工智能指数截至发稿跌0.01%。成分股中，晶晨股份涨 超6%，安路科技、澜起科技、复旦微电、乐鑫科技、奥普特等跟涨。 相关ETF中，科创板人工智能ETF（588930）盘初翻红，截至发稿涨0.18%，成交额超1300万元。 Wind金融终端数据显示，科创板人工智能ETF（588930）已连续三个交易日获资金净流入，累计"吸 金"超1.1亿元。 消息面上，国际数据公司（IDC）近日发布《全球人工智能和生成式人工智能支出指南》。数据显示， 2024年全球人工智能(AI)IT总投资规模为3,159亿美元，并有望在2029年增至12,619亿美元，五年复合增 长率(CAGR)为31.9%。聚焦生成式AI，IDC预测，全球生成式AI市场五年复合增长率或达56.3%，到 2029年全球生成式AI市场规模将达6 ...

Group 1 - A-shares indices collectively rose, with AI hardware and application stocks experiencing significant gains, as the STAR Market AI ETF (588930) increased by 2.21% by 11:30 AM [1] - Notable individual stock performances included Hehe Information rising over 9%, Stone Technology and Hengxuan Technology up over 5%, and other companies like Haitan Ruisheng and Foxit Software increasing by over 4% [1] - Alibaba showcased its advancements in AI at the Yunqi Conference, announcing an increase in investment to enhance AI and cloud infrastructure, with a total expenditure of 380 billion [1] Group 2 - Alibaba launched Qwen3-Max, the largest and most capable model to date, which currently ranks third on the LMArena text leaderboard, surpassing GPT-5-Chat [1] - Dongwu Securities predicts a market style rebalancing in Q4, with a shift towards cyclical styles and a transition from a focus on upstream computing hardware to a broader AI industry chain [1] - The STAR Market AI ETF closely tracks the STAR Market AI Index, selecting 30 large-cap companies that provide foundational resources, technology, and application support for AI [2]

Group 1 - A-shares experienced a high opening but closed lower on September 23, with the popular ETF, the Sci-Tech Innovation Board Artificial Intelligence ETF (588930), dropping by 1.2% and achieving a trading volume exceeding 58 million yuan [1] - The Sci-Tech Innovation Board Artificial Intelligence ETF closely tracks the Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index, which selects 30 large-cap stocks involved in providing foundational resources, technology, and application support for artificial intelligence [1] - Nvidia and OpenAI announced a partnership on September 22, involving a significant investment of up to 100 billion USD from Nvidia and plans to build large AI data centers, which will consume energy equivalent to that used by 8 million American households [1] Group 2 - Global demand for AI computing power is continuously increasing, driven by major overseas companies ramping up capital expenditures, while domestic AI computing demand is also growing due to the development of local models and applications [2] - Domestic AI policies are being strengthened, making AI one of the most certain investment directions amid global macroeconomic fluctuations, with leading tech companies increasing their investments in computing power [2] - The domestic market is expected to see new opportunities in computing power business due to foreign computing power restrictions, suggesting a focus on AI applications and domestic computing-related stocks [2]

9月12日，A股三大指数涨跌不一，上证科创板人工智能指数截至发稿涨2.08%，成分股中，芯原股份涨 超18%，寒武纪-U、优刻得-W、奇安信-U、芯海科技、中科星图等跟涨。 相关ETF方面，已连涨两日的科创板人工智能ETF（588930）盘初拉升截至发稿涨2.41%。Wind金融终 端数据显示，截至9月11日收盘，该ETF近20个交易日涨21.78%。 （文章来源：21世纪经济报道） 科创板人工智能ETF（588930）紧密跟踪上证科创板人工智能指数（950180.CSI）。该指数从科创板市 场中选取30只市值较大且业务涉及为人工智能提供基础资源、技术以及应用支持的上市公司证券作为指 数样本，以反映科创板市场代表性人工智能产业上市公司证券的整体表现。 消息面上，国家发展和改革委员会在人民日报发表题为《深入实施"人工智能+"行动为高质量发展提供 强大动能》的文章称，完善人工智能应用的创新发展环境。强化政府部门和国有企业示范引领作用，完 善应用试错容错管理制度，推动关键重点场景有序开放。加大人工智能领域金融和财政支持力度，完善 风险分担和投资退出机制，进一步激发人工智能投融资市场活力。布局建设一批国家人工智能应用 ...

消息面来看，据21世纪经济报道，日前，《关于深入实施"人工智能+"行动的意见》（以下简称《意 见》）发布。文件对人工智能供需对接不畅、应用落地存在"最后一公里"障碍等突出问题，加强战略引 导和统筹指导。中国社会科学院法学研究所网络与信息法研究室副主任、中国法学会网络与信息法学研 究会常务副秘书长周辉参与了文件起草论证，在接受记者专访时，他透露了几个重点：人工智能立法仍 要加速推进，相关部门也在推动相关起草工作；AI监管有必要调研评估与备案痛点，未来将会整合制 度避免重复；智能终端与智能体成发展重点，2027 年应用普及率超 70% 的量化指标导向明确；数据供 给需完善产权与版权制度，待版权方、AI 产业方协同探索破局。 华创证券认为，AI领域进入基本面兑现阶段，资本开支进一步上行相比2024年多数领域归母净利润负 增的情况，整体来看今年AI各细分领域已进入基本面兑现阶段。从中报业绩来看，AI算力、无人机、 人形机器人等领域归母净利润增速相对靠前。与此同时，AI浪潮正驱动企业大幅增加资本开支。随着 大模型加速迭代与AI应用逐步落地，催生了对算力基础设施的持续投入，同时政策支持与生态繁荣进 一步强化了投资信心，推 ...

Group 1 - The market showed mixed performance on September 5, with the ChiNext Index rising over 1% and the Sci-Tech Innovation Board AI Index increasing by 0.22% [1] - Notable stocks in the AI sector included Aerospace Hongtu and Lanke Technology, both rising over 1%, along with other companies like Optoelectronics, Cambricon Technologies, and others [1] - The Sci-Tech Innovation Board AI ETF (588930) turned positive during trading, increasing by 0.27% with a trading volume exceeding 23 million yuan [2] Group 2 - The Sci-Tech Innovation Board AI ETF (588930) has seen net inflows in 4 out of the last 5 trading days, accumulating over 310 million yuan [2] - The index tracks 30 large-cap companies in the AI sector, reflecting the overall performance of representative AI industry stocks in the Sci-Tech Innovation Board [2] - The 2025 World Intelligent Industry Expo is set to open in Chongqing, focusing on "AI+" and "smart connected new energy vehicles," featuring over 100 new industry standards and technologies [3] Group 3 - The expo will showcase over 3,000 new products and technologies from more than 600 leading domestic and international companies [3] - The event includes five specialized sectors and will host six high-level professional competitions, providing a platform for global industry practitioners [3] - According to First Capital Securities, the AI industry is thriving due to supportive policies, continuous technological iteration, and diverse downstream demands, with a focus on advancements in domestic AI capabilities [3]

9月4日，A股三大指数开盘涨跌不一，上证科创板人工智能指数截至发稿跌0.53%，成分股中，奥普 特、奥比中光-UW涨超1%，芯海科技、优刻得-W等跟涨，寒武纪-U、凌云光、石头科技等跌超2%。 相关ETF中，科创板人工智能ETF（588930）截至发稿跌0.70%。 值得一提的是，科创板人工智能ETF（588930）近期持续获资金净流入，Wind金融终端数据显示，科 创板人工智能ETF（588930）近10个交易日有9日获资金净流入，累计"吸金"超11亿元。 科创板人工智能ETF（588930）紧密跟踪上证科创板人工智能指数（950180.CSI）。该指数从科创板市 场中选取30只市值较大且业务涉及为人工智能提供基础资源、技术以及应用支持的上市公司证券作为指 数样本，以反映科创板市场代表性人工智能产业上市公司证券的整体表现。 消息面上，据21世纪经济报道，"人工智能+"地方路线图陆续出炉， 制造、教育、医疗率先部署，《关 于深入实施"人工智能+"行动的意见》（以下简称《意见》）发布后，上海等地迅速响应。9月2日，上 海方面发布文件称，为贯彻落实《意见》，统筹布局"人工智能+"6大重点行动和8大基础支撑能力，加 ...