On April 9, the A-share market opened low and went high, and once rose and turned red.

On April 8, the "Ascend New Power DeepSeek New Era" theme salon was held. Shanghai Supercomputer Center said that at present, computing power plays an important role in the two key directions of basic scientific research and generative artificial intelligence processing big data, profoundly changing the development trajectory of various industries, and it is necessary to drive the transformation of the artificial intelligence industry with computing power. The Shanghai Supercomputer Center plans to further expand its scale, improve computing power, and cultivate a more complete industrial ecosystem. This series of measures will effectively promote the high-quality development of Shanghai's digital economy, inject strong impetus into the development of the national artificial intelligence industry, and seize the opportunity in global competition.

On April 9, the A-share market opened low and went high and rose once and turned red, on the disk, with the implementation of the U.S. tariff policy and the domestic capital market combination of punches, the market risk appetite has improved, and the theme of artificial intelligence led the whole market. Among the constituent stocks of the Artificial Intelligence Index of the Science and Technology Innovation Board, Cambrian-U (688256.SH) rose more than 9%, and Fudan Microelectronics (688385. SH), VeriSilicon (688521. SH), Kirin Xin'an (688152. SH) rose more than 7%, and Kingsoft Office (688111. SH) rose more than 6%, and Xinhai Technology (688595. SH), Lihewei (688589. SH), EZVIZ Network (688475. SH) rose more than 3%. The Artificial Intelligence ETF (code: 588930) on the Science and Technology Innovation Board has a high market popularity, receiving net inflows for three consecutive trading days.

The Artificial Intelligence Index tracked by the Artificial Intelligence ETF (code: 588930) has 30 AI leaders on the Sci-Tech Innovation Board, covering various innovative applications such as computing power chips in the upstream of the AI industry chain, cloud computing in the midstream large model, and downstream robots, focusing on the five major industries of electronics, computers, machinery and equipment, home appliances, and communications, with a total weight of 47% in the top five constituent stocks, or with higher purity and higher flexibility of AI themes.

According to CSC, the investment value of the AI industry lies in its role as a core lever to promote the development of the domestic digital economy and intelligence, and is expected to receive continued attention and support from the Chinese government in the new round of trade disputes. Compared with the trade friction in 2018, the current development of AI technology has become unstoppable, and China and the United States have become global leaders in the field of AI. In the context of the new trade dispute, the Chinese government is expected to increase investment in the AI industry in order to maintain its competitive advantage in the AI field, especially in the underlying domestic computing power, as well as the growing demand for AI applications at the C-end, B-end and G-end. For example, among telecom operators, China Mobile plans to invest 37.3 billion yuan in computing power, and China Telecom and China Unicom also plan to increase investment in computing power. In addition, as AI technology continues to mature, hardware such as servers, smartphones, and personal computers (PCs) with integrated AI capabilities will become the main drivers of generative AI (GenAI) spending, of which 80% of GenAI spending will be spent on hardware, which is conducive to the rise of domestic AI computing power.