Nvidia GTC Ignites Expectations! Jensen Huang's Speech Tonight, Are Funds Boiling Over in Advance? Huabao Fund ETF for ChiNext Artificial Intelligence Surges Over 1% in Afternoon Reversal to Green!

On Monday, March 16, the A-share market bottomed out and rebounded, with the Shenzhen Component Index closing in the green and the ChiNext Index rising over 1%. Semiconductors, optical modules, and other computing hardware saw late-afternoon strength, the ChiNext AI sector turned positive after a rally, with many constituent stocks in the green. Popular stocks fully regained momentum, with Beijing Junzheng up over 9%, Xingchen Technology and Fuhan Micro up over 7%, and several others like Xinyi Sheng, Liante Technology, and Zhongji Xuchuang rising over 3%.

Regarding popular ETFs, the largest AI ETF in the ChiNext track — ChiNext Artificial Intelligence ETF (159363) — quickly turned positive and surged in the afternoon, closing up 1.22%. The daily trading volume reached 463 million yuan, ending a three-day losing streak and successfully closing in the green.

Why did chips, optical modules, and other computing hardware surge in the afternoon? Capital is closely watching the “AI Grand Gala”!

On the news front, NVIDIA’s GTC conference, dubbed the “AI Grand Gala,” will be held from March 16-19, 2026. According to the official website, Jensen Huang will deliver a keynote speech in the early morning of March 17, Beijing time. As the absolute weather vane for global AI computing power, Huang’s every move is a strong catalyst for market trends. Which sectors will be triggered at this conference?

CITIC Securities pointed out that, with NVIDIA GTC 2026 approaching, the company’s chip product matrix is expected to expand further. Besides the full set of six core chips for the Vera Rubin AI platform, more details about Rubin Ultra chips and server cabinets may be disclosed at the conference, bringing innovations in data connectivity and power supply architecture. The deployment of new products like orthogonal backplanes and CPO is expected to become more visible.

The report also suggests that NVIDIA may release LPU inference chips, which will expand its inference footprint alongside the CPX chips. Additionally, NVIDIA might outline the next-generation Feynman architecture upgrade, sharing insights and judgments on future computing infrastructure and AI industry development. The market is optimistic that NVIDIA GTC 2026 will further strengthen confidence in the sustained growth and incremental logic of the AI industry.

Guosheng Securities also believes that this GTC will showcase NVIDIA’s Rubin and Feynman architecture GPU core technologies, with a focus on disruptive upgrades in data infrastructure such as CPO optical connectivity, 800V high-voltage power supply, and liquid cooling. As the conference approaches, the computing hardware sector has already begun warming up. In the long term, the technological path and commercialization pace of the industry chain will become clearer, with continued focus on leading optical modules and other computing hardware giants.

Seize AI hot topics and quickly position in the “computing power + AI applications” ChiNext Artificial Intelligence ETF (159363) and off-exchange links (Class A 023407, Class C 023408), which directly benefit from the explosive growth of AI technology commercialization. From the sector perspective, about 60% of the ChiNext AI ETF’s holdings are in computing power (leading optical module and IDC companies), and about 40% are in AI applications. It’s not just about “computing power,” but also a true representation of “AI applications.”

Data source: Shanghai and Shenzhen Stock Exchanges, etc. As of March 13, the latest size of Huabao’s ChiNext AI ETF was 5.893 billion yuan, with an average daily trading volume of 778 million yuan over the past six months, ranking first among 26 ETFs tracking the ChiNext AI Index, Sci-Tech Innovation AI Index, and Sci-Tech Innovation Entrepreneurship AI Index.

ETF related fee disclosures: When investors subscribe or redeem fund shares, the subscription or redemption agency may charge a commission of up to 0.5%. On-exchange trading fees are based on the actual charges by securities firms; no sales service fee is charged. Link fund fee disclosures: The ChiNext AI ETF launch-based link C does not charge a subscription fee; redemption fee within 7 days is 1.5%, after 7 days (inclusive) is 0%; sales service fee is 0.3%. The launch-based link A of the ChiNext AI ETF charges a subscription fee of 1% for amounts below 1 million yuan, 0.6% for 1-2 million yuan, and a flat 10,000 yuan per transaction above 2 million yuan; redemption fee within 7 days is 1.5%, after 7 days (inclusive) is 0%; no sales service fee is charged.

Institutional views referenced from: CITIC Securities “NVIDIA GTC upcoming, four key highlights,” Guosheng Securities “GTC approaching, computing power heats up again.”

Risk warning: The Huabao passive tracking ChiNext AI ETF follows the ChiNext AI Index, which was based on the index date of December 28, 2018, and published on July 11, 2024. The annual gains and losses of the ChiNext AI Index from 2021 to 2025 are 17.57%, -34.52%, 47.83%, 38.44%, and 106.35%. The index component stocks are adjusted periodically according to the index rules; past backtest performance does not predict future performance. The stocks listed are for display purposes only; descriptions do not constitute investment advice and do not reflect holdings or trading activity of any fund managed by the issuer. The risk level of this fund, as assessed by the fund manager, is R4—medium-high risk, suitable for active investors (C4) and above. Suitability matching opinions are subject to the sales institution’s judgment. Any information in this article (including but not limited to individual stocks, comments, forecasts, charts, indicators, theories, or any other statements) is for reference only. Investors are responsible for their own investment decisions. Additionally, any opinions, analysis, or forecasts in this article do not constitute investment advice and the issuer is not responsible for any direct or indirect losses resulting from the use of this content. Fund investments carry risks; past performance does not guarantee future results. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Investors should exercise caution.