Huang Renxiun's GTC Speech: Revenue of at least 1 trillion dollars by 2027, Tianxiang Technology Chip Design ETF (589070) Attracts Over 30 million yuan in net inflows over the past 5 days

On March 17, the three major indices opened higher collectively. The Shanghai Composite Index opened up 0.04%, the Shenzhen Component Index up 0.44%, and the ChiNext Index up 0.85%. The Shanghai STAR Market Chip Design Theme Index fell 0.92%. Among its constituent stocks, DIO Micro rose over 6%, Fengqiao Technology increased over 3%, and Anlu Technology rose nearly 1%.

Regarding related ETFs, the Tianhong Sci-Tech Chip Design ETF (589070) had a trading volume of nearly 10 million yuan at the time of writing, with a real-time premium rate of 0.1%. Fund flow data from Wind shows that this ETF has had a net inflow of 30.53 million yuan over the past five trading days. The latest circulating shares are 681 million, with a circulating scale of 637 million yuan.

The Tianhong Sci-Tech Chip Design ETF (589070) has a 20% upside and downside potential. This product closely tracks the Shanghai STAR Market Chip Design Theme Index, which focuses on core aspects of chip design. The related industry content is close to 95%, with high industry concentration and prominent “chip content.” Its constituent stocks include 50 leading companies in the STAR Market chip sector.

According to media reports, on Tuesday early morning Beijing time, NVIDIA CEO Jensen Huang delivered a two-and-a-half-hour speech, conducting a “carpet bombing” of AI industry concepts related to hardware and software. During the GTC keynote, Huang proposed that NVIDIA’s flagship computing chip could generate $1 trillion in revenue by 2027. He also showcased the Vera Rubin AI Factory platform, LPU inference architecture, CPO switches, and space data center modules, and launched NemoClaw intelligent infrastructure, aiming to build a full-stack AI ecosystem from edge, data centers, to orbital computing.

Guojin Securities pointed out that the continuous upgrade of large models and the rise of AI applications maintain strong demand for computing power. NVIDIA is constantly upgrading and iterating its technology, with the value of AI computing hardware increasing. The trend of storage price increases is expected to continue, with DRAM prices rising more than expected since the beginning of the year. The price increase may persist throughout the year. Based on previous earnings reports from TSMC, NVIDIA, and Broadcom, demand for general AI GPUs and ASICs remains very strong. The explosive growth in token quantities has driven strong demand for ASICs, and it is expected that the number of ASICs from major cloud providers will see explosive growth in 2026-2027.