Artificial Intelligence ETF E Fund rises over 1% intraday, AI computing power demand continues to explode, and the artificial intelligence industry enters a period of rapid growth

As of April 3, 2026, 10:03 AM, the CSI Artificial Intelligence Theme Index (930713) surged by 1.13%, and the AI ETF E Fund (159819) temporarily rose by over 1%, now up 0.97%, with a transaction volume of 77.7531 million yuan.

As of April 2, the E Fund AI ETF (159819) has increased its scale by 6.54B yuan over the past year, with an increase of 1.18B units in March alone, achieving significant growth.

On the news front, on April 2, the Ministry of Industry and Information Technology issued a notice on launching a special campaign to empower small and medium-sized enterprises (SMEs) with inclusive computing power. By the end of 2028, the goal is to significantly lower the barriers for SMEs to access and use computing power. Flexible payment models such as “card hours,” “metered hours,” and token billing will be promoted. Innovative businesses like “computing power banks” and “computing power supermarkets” will be explored. Local authorities are encouraged to provide subsidies for “computing power coupons,” “storage coupons,” and “transportation coupons” to SMEs that align with industrial guidance through dedicated SME platform zones.

Chinese large models are moving towards international markets using tokens as carriers, with continuous growth in calls on the OpenRouter platform. Currently, Doubao large models’ daily token usage exceeds 120 trillion, doubling in three months and increasing a thousandfold over two years. Enterprises with a total token usage exceeding one trillion on Volcano Engine have grown from 100 at the end of last year to 140.

Zhongyuan Securities pointed out that the explosive demand for AI computing power is expected to accelerate the development of domestic AI chip manufacturers. Both domestic and international cloud service providers are continuously increasing capital expenditure in AI, and domestic intelligent computing centers are accelerating construction, driving explosive growth in AI computing power demand. The rapid expansion of AI computing scale will generate greater demand for AI chips. According to forecasts by Frost & Sullivan, China’s AI intelligent computing GPU market size is expected to reach 171.22 billion yuan in 2025 and 1,033.34 billion yuan by 2029, with a compound annual growth rate (CAGR) of 56.7% from 2025 to 2029. China’s AI chip market is entering a golden period of technological upgrading, domestic substitution, and application expansion. Domestic AI chip manufacturers are expected to accelerate development, continuously break through technical barriers, speed up the process of independent and controllable AI chips, and potentially increase market share steadily.

Related products:

The E Fund AI ETF (159819), over-the-counter connection (Type A: 012733; Type C: 012734): Core AI holdings, packaged with leading companies across various AI segments, with balanced industry distribution.