Gelonghui, December 17 | Today, the A-shares fluctuated and rose, with high-priced stocks continuing to retreat. Copper cable high-speed connectors and optical modules performed well, with Accelink Technologies, Eoptolink Technology Inc., and Zhongji Innolight all rising over 5%. The performance of major U.S. chip stocks was mixed, with Broadcom soaring 38% in two days while NVIDIA weakened. In terms of news, Broadcom's AI revenue for fiscal year 2024 is expected to grow by 220%, and AI product revenue is projected to increase by 65% year-on-year in the first quarter of fiscal year 2025. Currently, the company is developing AI Chips with three large clients. Market predictions suggest that specialized chips represented by ASICs may gradually replace general-purpose chips represented by GPUs. Looking at the performance of A-share sectors, the trading volume remains above 1.5 trillion. With high-priced stocks still retreating, the Chip sector has seen a decline of over 10% since November 12, yet ETF funds have been positioned contrary to the trend. The Chip ETF and Semiconductors Materials ETF have experienced net inflows for two consecutive days, with a total net inflow of over 0.2 billion yuan. From a long-term strategic perspective, Central China believes that AI has become an important driving force for the growth of the Semiconductors Industry, entering a new upward cycle, coupled with the urgent demand for independent and controllable semiconductors, with domestic substitution expected to accelerate. Notable symbols and their increases as of the time of writing include: the Chip Semiconductor full Industry Chain representative: Chip ETF (159995), -0.09%, the representative of upstream production equipment in the Semiconductor Industry Chain: Semiconductors Materials ETF (562590), -0.18%, and the value + growth new generation core broad-based: A500ETF Fund (512050) leading with a gain of 0.42%, with a trading volume of 1.374 billion, still ranking first among similar products.