AI hardware prices surge across the board + Tencent earnings explode! 159243 skyrockets over 6% and dominates the market

GateUser-bd883c58

2026-03-23 07:36:37

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Why is AI · Tencent’s AI investment doubling igniting market enthusiasm?

On March 18, the artificial intelligence sector experienced a全面 breakout. By the close, the ChiNext AI ETF招商 (159243) surged over 6%, leading all market ETFs and becoming the most prominent star of the day.

There was a nuclear-level catalyst in the news:

First, Tencent’s earnings report sparked an AI arms race. Tencent Holdings’ Q4 NON-IFRS net profit was 64.7 billion yuan, up 17% year-over-year, far exceeding expectations. More importantly, Tencent President Liu Ciping explicitly stated: this year, AI investment will至少 double. This means China’s internet giants are officially joining the global AI “money-burning war,” injecting massive certainty demand into the computing power industry chain.

Second, AI hardware prices are rising across the board. Alibaba Cloud and Baidu Intelligent Cloud announced price adjustments for AI computing power, storage, and other products, with increases up to 34%. This is a clear signal that inflation of tokens is gradually spreading from GPUs to storage, advanced manufacturing processes, and cloud services. Meanwhile, Nvidia is preparing to launch the Groq AI chip for China, further confirming the strategic importance of the Chinese market.

Third, domestic gas turbines are entering a period of intensive orders. A recent seller’s report indicated that domestic gas turbine manufacturers are expected to sign overseas orders soon, with domestic OEM orders gradually landing in April. Germany has explicitly stated that data center computing power will至少 double by 2030, with AI computing power increasing fourfold by 2025. The demand for computing power is expanding from chips to energy infrastructure.

Further analysis shows that token inflation is spreading from GPUs to storage, advanced manufacturing processes, CPUs, cloud services, and IDC, indicating that the price increase wave across the computing power industry chain has just begun. For investors, the ChiNext AI ETF招商 (159243), as a convenient tool for deploying core assets in AI hardware and applications, is at the forefront of this industry wave.

Source: China Merchants Fund

Risk warning: Funds are risky; investments should be cautious.

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