Group 1 - Chip concept stocks weakened in early trading, with companies like SMIC, Haiguang Information, Hengxuan Technology, and Chipone falling over 6% [1] - The related ETFs for innovative chips dropped more than 4% due to market influences [1] Group 2 - Various innovative chip ETFs experienced significant declines, with the Guotai ETF down 4.84% to 1.612, and other ETFs like 588200 and 588290 also showing declines of 4.80% and 4.76% respectively [2] - Analysts noted that as AI models evolve, the commercial models for AI applications are becoming clearer, with the release of Sora 2.0 introducing social attributes that broaden OpenAI's monetization channels [2] - OpenAI has secured orders for storage and GPU components from Samsung, SK Hynix, and AMD, indicating a strengthened certainty in the demand for AI infrastructure, which is expected to benefit the related computing power industry chain in the future [2]

中银证券认为，目前AI基建重心正在从训练侧向推理侧转型。随着AI模型的迭代，AI应用的商业模式 越来越清晰。Sora2.0的发布在技术升级的同时引入社交属性，为Open AI拓宽了商业变现渠道，同时社 交属性会为AI应用的用户数量进一步赋能，进而对上游算力基础设施建设提出了更高的要求。Open AI 率先锁下三星、SK海力士、AMD的存储、GPU等相关订单意味着AI基建需求增长的确定性进一步强 化，相关算力产业链有望在未来趋势中受益。 科创人工智能ETF华夏（589010）紧密跟踪上证科创板人工智能指数，覆盖全产业链优质企业，兼具高 研发投入与政策红利支持，20%涨跌幅与中小盘弹性助力捕捉AI产业"奇点时刻"。 （文章来源：每日经济新闻） 截至2025年10月9日 14点25分，上证科创板人工智能指数强势上涨1.88%，成分股芯原股份上涨 12.02%，萤石网络上涨6.82%，虹软科技上涨6.04%，合合信息，福昕软件等个股跟涨。科创人工智能 ETF华夏（589010）上涨1.87%， 冲击3连涨。最新价报1.58元。流动性方面，科创人工智能ETF华夏 （589010）盘中换手18.72%，成交1.42亿元， ...

Investment Rating - The investment rating for the computer industry is "Positive" (maintained) [1] Core Insights - The AI industry is experiencing significant developments, highlighted by OpenAI's release of the Sora2.0 video generation model, which is expected to accelerate the proliferation of AI applications [4][12] - The computer index rose by 2.47% during the week of September 29 to September 30, 2025, outperforming the Shanghai and Shenzhen 300 index, which increased by 1.99% [11] Summary by Sections Market Review - The computer index increased by 2.47% while the Shanghai and Shenzhen 300 index rose by 1.99% during the week of September 29 to September 30, 2025 [11] AI Industry Developments - OpenAI launched Sora2.0, marking a significant advancement in video generation technology, which is expected to enhance AI application capabilities [4][12] - The Sora application achieved the top position in the Apple App Store's free apps category shortly after its launch, surpassing competitors like ChatGPT and Gemini [4][12] Investment Recommendations - The report suggests focusing on the AI industry trends influenced by the US-China industrial resonance, recommending companies such as Haiguang Information, Zhongke Shuguang, and others in the computing power sector [15] - Beneficiary stocks include Cambrian, Bojie Co., and Unisplendour among others, with additional recommendations for AI applications including Kingsoft Office, Zhuyun Information, and others [15]

Investment Rating - The investment rating for the computer industry is "Positive" (maintained) [1] Core Insights - The release of OpenAI's Sora2.0 marks a significant advancement in video generation technology, indicating a pivotal moment for AI applications [5] - OpenAI's $1 trillion expansion plan for AI computing infrastructure is expected to drive demand for AI computing power, particularly with the increased requirements of multimodal models [6] - The report maintains a strong outlook for the AI industry in 2025, highlighting several companies as beneficiaries of this trend [7] Summary by Sections Industry Trends - The computer industry is projected to outperform the overall market, with a focus on the rise of AI applications and computing power [1][7] - The Sora2.0 model is seen as a leap forward in video generation capabilities, surpassing previous models and gaining significant user traction [5] Key Developments - OpenAI's Sora2.0 requires substantial GPU resources for training and inference, indicating a shift towards more demanding AI applications [6] - The partnership between OpenAI and Nvidia aims to establish a robust AI data center infrastructure, further enhancing the industry's growth potential [6] Investment Recommendations - Recommended companies in the computing power sector include Haiguang Information, Zhongke Shuguang, and Inspur Information, among others [7] - AI application companies such as Kingsoft Office and iFlytek are also highlighted as potential investment opportunities [7]