On September 15, the GEM artificial intelligence ETF Huabao surged and retreated, rising more than 1% in the intraday period and falling slightly by 0.5% at the close, with a turnover of 578 million yuan. In terms of capital flow, a net subscription of 54.8 million yuan was obtained yesterday, and a net inflow of 555 million yuan was obtained in the past 20 days. The latest scale was 7.1 billion yuan. Goldman Sachs recently reported a sharp increase in optical module shipment expectations. The global optical module market TAM increased by 33%/81%/115% respectively in 2026-2028, with shipments of 1.6T and above increasing 29%/61%/50% compared with previous forecasts. CITIC Construction Investment Securities said it will continue to be optimistic about AI development and maintain long-term optimism about the North American computing power industry chain and the domestic AI computing power industry chain. Shen Wan Hongyuan believes that domestic and foreign computing power investment continues to expand, industrial demand remains high, and related capital expenses that continue to grow at home and abroad are expected to drive the release of demand for servers, storage, PCBs, optical interconnection, network equipment, and data center support. Galaxy Securities said that the popularity of optical fairs is rising, and tight supply and demand are also being transmitted step by step from optical modules to upstream chips, optical fibers, and test equipment. Societe Generale Securities pointed out that it continues to be optimistic about the long-term growth space of AI optical connectivity. Currently, AI capital support from overseas cloud vendors continues to rise, and demand for high-speed optical modules continues to rise due to the expansion of computing power clusters. According to data, half of the weight of the GEM Artificial Intelligence ETF Huabao Tracking Index is concentrated in the optical module CPO sector, while the other half covers domestic computing power and AI software application fields, forming a balanced layout of “hardware+application”. Seize AI-themed opportunities in all aspects and focus on Huabao, the first GEM artificial intelligence ETF in the market, and OTC connectivity.

On September 15, the GEM artificial intelligence ETF Huabao surged and retreated, rising more than 1% in the intraday period and falling slightly by 0.5% at the close, with a turnover of 578 million yuan. In terms of capital flow, a net subscription of 54.8 million yuan was obtained yesterday, and a net inflow of 555 million yuan was obtained in the past 20 days. The latest scale was 7.1 billion yuan. Goldman Sachs recently reported a sharp increase in optical module shipment expectations. The global optical module market TAM increased by 33%/81%/115% respectively in 2026-2028, with shipments of 1.6T and above increasing 29%/61%/50% compared with previous forecasts. CITIC Construction Investment Securities said it will continue to be optimistic about AI development and maintain long-term optimism about the North American computing power industry chain and the domestic AI computing power industry chain. Shen Wan Hongyuan believes that domestic and foreign computing power investment continues to expand, industrial demand remains high, and related capital expenses that continue to grow at home and abroad are expected to drive the release of demand for servers, storage, PCBs, optical interconnection, network equipment, and data center support. Galaxy Securities said that the popularity of optical fairs is rising, and tight supply and demand are also being transmitted step by step from optical modules to upstream chips, optical fibers, and test equipment. Societe Generale Securities pointed out that it continues to be optimistic about the long-term growth space of AI optical connectivity. Currently, AI capital support from overseas cloud vendors continues to rise, and demand for high-speed optical modules continues to rise due to the expansion of computing power clusters. According to data, half of the weight of the GEM Artificial Intelligence ETF Huabao Tracking Index is concentrated in the optical module CPO sector, while the other half covers domestic computing power and AI software application fields, forming a balanced layout of “hardware+application”. Seize AI-themed opportunities in all aspects and focus on Huabao, the first GEM artificial intelligence ETF in the market, and OTC connectivity.