Computing Power Stocks Rally: ChiNext AI ETF (159363) Surges 2% on Heavy Volume! Leading Optical Module Makers Accelerate Expansion, Entering New Growth Phase

Deep News12-01

On December 1, computing power concept stocks led gains, with the ChiNext AI sector rising over 2%, as most constituent stocks advanced. Among them, satellite computing stock Hangyu Micro hit a 20% intraday limit-up and remained over 15% higher at press time. Memory chipmaker Beijing Junzheng surged more than 14%, while optical module leader Zhongji Innolight gained over 5%. Runze Technology, Xingchen Technology, Fullhan Micro, Allwinner Technology, and Kingsignal all rose more than 3%.

Among popular ETFs, the ChiNext AI ETF (159363), which allocates over 70% of its portfolio to computing power stocks, climbed 2% with heavy turnover exceeding 600 million yuan, while seeing 20 million shares of net inflows.

Looking ahead to 2026 computing power investment opportunities, Guosen Securities noted that Nvidia's stellar earnings and North American CSPs' firm commitments validate sustained high demand for computing infrastructure from both supply and demand sides. Given expectations for continued high growth in AI investments, the firm remains bullish on AI computing infrastructure development.

Regarding optical modules, Guosheng Securities reiterated that the sector is in a high-growth cycle, with booming AI computing demand driving rapid expansion for high-end optical modules, making supply the core constraint. Recent research indicates leading manufacturers are accelerating capacity expansion in mainland China and Thailand, with concentrated production expected in Q1 2026, driving earnings into a new growth phase.

To capture core opportunities in computing power and AI applications, investors may consider the market's first ChiNext AI ETF (159363) and its feeder funds (Class A 023407, Class C 023408). The underlying index heavily weights optical module leaders (over 54% exposure) while allocating over 70% to computing power and more than 20% to AI applications, effectively capturing AI thematic trends. (Data as of October 31, 2025)

Risk Disclosure: The ChiNext AI ETF tracks the ChiNext AI Index (base date: December 28, 2018; launch date: July 11, 2024). The index gained 20.1%, 17.57%, -34.52%, 47.83%, and 38.44% annually from 2020-2024. Constituent stocks are adjusted per index methodology, and past performance doesn't guarantee future results. Stock mentions aren't investment recommendations or indicative of fund holdings. The fund carries R4 (medium-high) risk rating, suitable for aggressive (C4) or higher risk-profile investors. Investment decisions based on this information are at investors' own risk.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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