AI - TechWire

12:36

                            IDC: China's total investment in artificial intelligence is expected to exceed US$100 billion by 2028, with a five-year compound growth rate of 35.2%
                        
                            According to data released by IDC, the total global investment in artificial intelligence (AI) IT will be US$315.8 billion in 2024, and is expected to increase to US$815.9 billion in 2028, with a five-year compound annual growth rate (CAGR) of 32.9%. IDC predicts that the five-year compound annual growth rate of the global generative AI market may reach 63.8%, and the global generative AI market size will reach US$284.2 billion by 2028, accounting for 35% of the total investment in the AI market. IDC predicts that by 2028, China's total investment in artificial intelligence will exceed US$100 billion, with a five-year compound annual growth rate of 35.2%.
                        
11:35

                            ETF midday review: Food ETF led the gains by 4.06%, while ChiNext AI ETF Guotai led the decline by 14.68%
                        
                            ETFs closed mixed at midday, with the Grain ETF (159698) leading the gains with 4.06%, the Grain 50 ETF (159587) up 4.04%, the 30-year Treasury Bond Index ETF (511130) up 1.78%, the GEM Artificial Intelligence ETF Guotai (159388) leading the losses with 14.68%, the GEM Artificial Intelligence ETF Huabao (159363) down 13.56%, and the GEM Artificial Intelligence ETF Hua Xia (159381) down 13.48%.
                        
09:35

                            China's self-developed quantum computer "Benyuan Wukong" runs a billion-level AI fine-tuning large model for the first time in the world
                        
                            The reporter learned from the Anhui Quantum Computing Engineering Research Center that Origin Quantum, Hefei National Science Center Artificial Intelligence Research Institute and other institutions jointly tackled the problem and ran the world's first billion-parameter AI large model fine-tuning task on China's third-generation autonomous superconducting quantum computer "Origin Wukong". Chen Zhaoyun, an associate researcher at the Hefei National Science Center Artificial Intelligence Research Institute, said: "This is the first 'real machine' large model task for quantum computing, proving that existing hardware can initially support large model fine-tuning."
                        
09:27

                            ETF opening: Agriculture and animal husbandry ETF led the rise by 3.10%, while the Science and Technology Innovation 200 ETF fund led the decline by 10.71%
                        
                            ETFs opened with mixed gains and losses, with the Agriculture and Animal Husbandry ETF (159616) leading the gains with 3.10%, the Agriculture 50 ETF (159827) up 2.34%, the Grain ETF (159698) up 1.97%, the Science and Technology Innovation 200 ETF Fund (588820) leading the losses with 10.71%, the ChiNext Artificial Intelligence ETF Guotai (159388) down 10.5%, and the New Energy Vehicle ETF (159824) down 10.05%.
                        
18:29

                            Peijia Medical: Completed the first human clinical trial of the ReachTactile robot-assisted TAVR system
                        
                            Peijia Medical announced that the company has completed the first patient treatment in the first human clinical trial of the ReachTactile robot-assisted transcatheter aortic valve replacement (TAVR) system. The operation was performed by Professor Wang Yan and his team from the Affiliated Cardiovascular Hospital of Xiamen University, using the ReachTactile™ robot-assisted TAVR system to implant a TaurusElite® transcatheter aortic valve in a patient with severe aortic stenosis. ReachTactile is a robot-assisted TAVR system developed in-house by the company, providing an innovative and cost-effective solution for TAVR treatment.
                        
18:38

                            Guojin Securities: In April, the A-share style tends to be "earnings bottom" logic, and the focus of allocation can be tilted towards the value of the market
                        
                            Looking ahead to the A-share market in April, Zhang Chi, chief strategy analyst of Guojin Securities, pointed out in the latest report released on April 5 that, combined with the recent status of A-shares, the market style will tend to the "earnings bottom" logic in the next quarter, and investors are advised to adopt the allocation strategy of "switching from small and medium-sized growth style to large-cap value defense". Zhang Chi analyzed that the A-share market showed an "inverted V-shaped" trend in March, and at the same time, the volatility center of A-shares has shown signs of a trend of rising. Therefore, it is recommended that investors shift their allocation focus to large-cap value and defensive sectors. "At least in the next quarter, the market style will tend to the 'earnings bottom' logic, rather than simply chasing high-growth growth." Zhang Chi further pointed out that "small and medium-sized growth stocks may face periodic adjustments under the dual disturbances of the numerator (earnings) and the denominator (valuation)." In addition, Zhang Chi said that under the catalysis of industrial logic, there are still structural opportunities in the technology growth sector. However, investors need to select sub-sectors with industrial policy support, such as semiconductor equipment and AI computing power.
                        
17:46

                            "Mind control" has come true! my country's brain-computer interface is officially moving towards industrialization
                        
                            Recently, the application of brain-computer interfaces in the medical field has attracted everyone's attention. As an important achievement of my country in the field of brain-computer interface technology, the "Bei Nao No. 1" intelligent brain-computer system has entered the clinical verification stage. In mid-March, the National Medical Insurance Administration issued the "Guidelines for the Establishment of Nervous System Medical Service Price Projects (Trial)", which set up a separate project for the price of new brain-computer interface technologies. On March 31, Hubei took the lead in pricing brain-computer interface medical services and clarified the charging standards for three projects. Experts said that the projects that Hubei has clearly priced this time almost cover the two main lines that are most likely to be transformed into large-scale clinical practice. This means that this technology, which has been in an experimental state for a long time, is officially entering the clinic and moving towards industrialization. With the introduction of relevant encouraging policies and the advancement of technologies such as artificial intelligence and neurobiology, the domestic brain-computer interface industry continues to make breakthrough progress, and more people are expected to benefit from it.
                        
12:46

                            Many semiconductor leading stocks have high performance growth, and some high growth stocks are oversold
                        
                            The performance of many leading semiconductor companies has shown signs of recovery. According to the Securities Times Databao statistics, according to the annual report, performance express, and the lower limit of the net profit forecast (the announced value is taken if there is no lower limit), there are 71 semiconductor stocks with positive net profits and year-on-year growth (including turning losses into profits) in 2024. Shanghai Belling, Purui Shares, Tianyue Advanced, Silan Micro, Jiangbolong, Biwei Storage, Yongsi Electronics and other stocks have turned losses into profits. Haiguang Information, North Huachuang, Will Shares, Lanqi Technology, Zhaoyi Innovation, Rockchip and other industry leading companies have achieved substantial growth in performance against the background of improved demand in downstream industries. From the perspective of secondary market performance, some high-growth stocks are in an oversold state. According to Databao statistics, among the above-mentioned semiconductor stocks with a net profit growth rate of more than 30%, 29 stocks have retreated by more than 20% compared with the closing price on April 3 and the high point since 2024. Jiejie Microelectronics, Shanghai Belling, Lianyun Technology, Kema Technology, Zhongjing Technology and others have retreated to the forefront. From the perspective of valuation level, among these 29 stocks, only 5 have a price-to-book ratio of less than 3 times, namely Huatian Technology, Jinghe Integrated Circuit, Shengong Co., Ltd., Saiwei Microelectronics, and Tongfu Microelectronics.
                        
00:24

                            Federal Reserve's Barr: Artificial intelligence is over-hyped in the short term, but it will be useful in the long run.
                        
23:51

                            Federal Reserve Board Governor Barr's speech on "Artificial Intelligence and Banking" will be released in ten minutes.
                        
22:49

                            OpenAI founder Sam Altman: GPT-5 will be released in a few months
                        
                            OpenAI founder Sam Altman said that O3 and O4-MINI will be released in a few weeks, and GPT-5 will be released in a few months.
                        
22:45

                            OpenAI founder Sam Altman: o3 and o4-MINI will be released in a few weeks. GPT-5 will be released in a few months.
                        
21:31

                            The Dow Jones Industrial Average fell 2.3% at the opening, the S&P 500 fell 2.4%, and the Nasdaq fell 2.9%
                        
                            The Dow Jones Industrial Average opened down 2.3%, the S&P 500 fell 2.4%, and the Nasdaq fell 2.9%. Bank stocks weakened, with Goldman Sachs and Morgan Stanley falling 6% each, while JPMorgan Chase, Citigroup and Wells Fargo fell 5%. The semiconductor sector fell, with Marvell Technology, Intel and Broadcom falling 7% each, while Nvidia and Qualcomm fell 6%. DuPont fell 11.5%, and the State Administration for Market Regulation decided to initiate an investigation into it in accordance with the law.
                        
03:15

                            Intel (INTC.O) continued to rise, now up 8%.
                        
03:00

                            Intel (INTC.O) shares rose 3%.
                        
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