On May 11th, during the morning trading session, computing power hardware stocks continued their strong performance. The leading optical module company, Zhongji Innolight Co.,Ltd., surged over 4%, reaching a new all-time high and pushing its market capitalization beyond the trillion yuan mark. Among popular ETFs, the ChiNext Artificial Intelligence ETF (159363), which has over a 50% weighting in optical modules and CPO (Co-Packaged Optics) technology, rose 2% and is approaching its previous peak. Its trading volume exceeded 6 billion yuan, ranking first in the AI sector across the market.
Analysts from Guosheng Securities believe that recent earnings reports from major overseas cloud providers show accelerating monetization of AI businesses and another comprehensive upward revision of full-year capital expenditure guidance. This is considered the strongest signal for the robust health of the AI computing power sector. Concurrently, the supply of computing power remains insufficient to meet demand. With the actual pace of capital expenditure execution by companies like Microsoft and Meta slowing in Q1, the construction pace of AI data centers is expected to accelerate again in the second half of the year. The industrial chain for computing power infrastructure, including optical modules, is projected to continue benefiting from this high-growth environment, experiencing both volume and price increases.
For investors seeking to capture opportunities in leading optical module and CPO companies, the ChiNext Artificial Intelligence ETF (159363) and its corresponding off-exchange share classes (Class A: 023407, Class C: 023408) are worth noting. This ETF currently has the largest scale and highest liquidity in its category. Its underlying index has a 50% allocation to optical modules, providing concentrated exposure. Additionally, approximately 30% of its portfolio is allocated to AI application companies, positioning it not only as a play on core computing power but also on AI applications.
It is noteworthy that as of April 30, 2026, the ChiNext Artificial Intelligence ETF (159363) reached a new record high in assets under management (AUM) at 70.45 billion yuan, making it the largest AI-themed ETF within the STAR and ChiNext markets. Its average daily trading volume over the past six months was approximately 800 million yuan, also ranking first in the AI sector across the entire market.
*Institutional viewpoints referenced from: Guolian Minsheng Securities, "Tech Giants Raise Capex, AI Investment Enters Commercial Validation Phase."
ETF Fee Note: When subscribing for or redeeming fund shares, subscription/redemption agents may charge a commission not exceeding 0.5%. On-exchange trading fees are subject to the rates charged by the securities firm; no sales service fee is charged.
Connecting Fund Fee Note: The ChiNext Artificial Intelligence ETF Series Connect Fund Class C does not charge a subscription fee. A redemption fee of 1.5% applies for holdings under 7 days, and 0% for 7 days or more. A sales service fee of 0.3% is charged. For Class A, the subscription fee is 1% for amounts below 1 million yuan, 0.6% for 1-2 million yuan, and a flat fee of 1,000 yuan per transaction for 2 million yuan and above. The redemption fee structure is the same as Class C. No sales service fee is charged for Class A.
Risk Disclosure: The ChiNext Artificial Intelligence ETF passively tracks the ChiNext Artificial Intelligence Index. The index base date is December 28, 2018, and its release date is July 11, 2024. The index's annual performance from 2021 to 2025 was: +17.57%, -34.52%, +47.83%, +38.44%, and +106.35%, respectively. Index constituents are adjusted according to its methodology rules. Past index performance does not guarantee future results. The mention of specific stocks is for illustrative purposes only and does not constitute investment advice or indicate the holdings or trading intentions of the fund manager. The fund manager assesses this fund's risk level as R4 (Medium-High Risk), suitable for Aggressive (C4) and above investors. Suitability assessments should be confirmed with the selling institution. All information presented (including but not limited to stocks, commentary, forecasts, charts, indicators, theories, and any form of expression) is for reference only. Investors are responsible for their own investment decisions. Furthermore, any views, analysis, or predictions herein do not constitute investment advice of any kind to the reader, and no liability is accepted for any direct or indirect losses arising from the use of this content. Fund investment carries risks. A fund's past performance is not indicative of its future results. The performance of other funds managed by the fund manager does not guarantee this fund's performance. Invest with caution.
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