Nvidia GTC Conference: What Key Points Did It Highlight for the AI Circle? Huabao Fund Sci-Tech AI ETF (589520) Surged 1.48% During Trading, Attracting Nearly 50 Million Yuan Over 5 Days!

Today (March 18), the AI sector is making a strong comeback, with a focus on domestic AI industry chains. The Kechuang Artificial Intelligence ETF (589520) rose intraday up to 1.48%, currently up 0.99%. According to Shanghai Stock Exchange data, this ETF has attracted a total of 49.65 million yuan in the past 5 days. Over the past 60 days, it has accumulated 126 million yuan, reflecting investor confidence in the domestic AI sector and gradually entering the market for deployment.

In terms of constituent stocks, UCloud-W surged over 13%, and Anlu Technology rose nearly 10%. Other stocks such as Fudan Microelectronics, Yaxin Security, Lankai Technology, and CloudWalk Technology-UW also saw significant gains.

On the news front, at the NVIDIA GTC Conference on March 17, Jensen Huang announced new AI hardware and software products: hardware-wise, NVIDIA showcased the new VeraRubin platform, RubinUltra architecture, CPO integrated optical switches, LPU inference systems, and space data center chip modules. In software and ecosystem development, NVIDIA launched DLSS5 and the “One-Click Shrimp Farming” platform NemoClaw, announced the formation of the Nemotron alliance, and released open-source agent toolchains. Huang Huang predicted that NVIDIA’s flagship computing chips could generate $1 trillion in revenue by 2027.

Industry insiders point out that the core message of the NVIDIA GTC Conference is the industrialization of AI, moving towards “reasoning + intelligent agents + physical AI.” Huang Huang’s optimistic forecast of $1 trillion in revenue by 2027 dispels concerns about “AI demand peaking,” directly strengthening expectations for global AI computing power and application prosperity, and catalyzing industry trends and orders in the capital markets. Global tech stocks are expected to be boosted, with a preference for segments with technological barriers such as NVIDIA’s supply chain, CPO, liquid cooling, high-end PCB, and HBM.

On the policy level, under the backdrop of continuous breakthroughs in AI technology, strong domestic policy support, and expanding market scale, the AI sector is expected to become a focus of capital attention. According to the “Opinions on Deepening the Implementation of the ‘Artificial Intelligence+’ Action”, by 2027, there will be broad and deep integration across six major fields—technology, industry, consumption—with the adoption rate of new intelligent terminals and agents exceeding 70%. By 2030, the adoption rate will exceed 90%, with the intelligent economy gradually becoming a key growth driver for China’s economy. By 2035, China will fully enter a new stage of intelligent economy and society development, providing strong support for achieving socialist modernization.

Dongxing Securities believes that the AI industry is currently in a “policy, technology, demand” three-dimensional resonance stage. Leading domestic chip and cloud computing companies are gradually validating their performance, with large-cap companies’ CapEx continuing to boost industry certainty. The industry’s prosperity still has upward potential.

【Light of Domestic Substitution, Self-Reliance and Strength in Science and Technology】

Kechuang Artificial Intelligence ETF Huabao (589520) and its linked funds (Linked A: 024560, Linked C: 024561) focus on domestic AI industry chains. The constituent stocks include domestic GPU leader (such as Cambrian), domestic ASIC leader (such as Chipone), and AI application leader (such as Kingsoft Office). Semiconductor industry weightings account for nearly half, showing strong aggressiveness; software industry weightings account for over 30%, benefiting from AI application rebound trends. Additionally, this ETF is a margin trading and short-selling target, serving as an efficient tool for quick deployment of domestic computing power.

ETF fee details: Kechuang Artificial Intelligence ETF Huabao does not charge sales service fees. Subscription and redemption agents may charge commissions up to 0.5%, including fees from stock exchanges and registration agencies. Intraday trading costs are based on the actual charges of securities firms.

Linked fund fee details: Huabao Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence ETF Initiated Linked Fund (A class) has a subscription fee of 1,000 yuan per transaction for subscriptions of 2 million yuan or more; 0.6% for 1-2 million yuan; 1% for less than 1 million yuan. Redemption fee is 1.5% if held less than 7 days, and 0% if held 7 days or more, with no sales service fee. Huabao Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence ETF Initiated Linked Fund (C class) charges no subscription fee; redemption fee is 1.5% if held less than 7 days, 0% if held 7 days or more; sales service fee is 0.3%.

Risk warning: Kechuang Artificial Intelligence ETF Huabao passively tracks the Shanghai Stock Exchange Science and Technology Innovation Board Artificial Intelligence Index, which was launched on December 30, 2022, and published on July 25, 2024. The index’s annual gains/losses for 2023 and 2024 are 12.68% and 32.36%, respectively. The index’s constituent stocks are adjusted periodically according to the index rules. Past performance does not predict future results. The stocks and index components mentioned are for display only and do not constitute investment advice or reflect holdings or trading activities of any fund managed by the manager. The fund manager assesses the risk level of Kechuang Artificial Intelligence ETF Huabao as R4—medium-high risk, suitable for active investors (C4) and above. Suitability opinions are subject to sales institutions. All information in this article (including but not limited to stocks, comments, forecasts, charts, indicators, theories, and any other expressions) is for reference only. Investors are responsible for their own investment decisions. The views, analysis, and forecasts in this article do not constitute investment advice. The fund’s past performance does not guarantee future results, and the performance of other funds managed by the manager does not imply performance guarantees. Investment involves risks; past performance is not indicative of future results, and fund investments should be cautious.