A major conference on "Global AI Wind Vane" is about to be held.
The 2024 Global Game Developers Conference (GDC) and NVIDIA GPU Technology Conference (GTC) will be held on March 18. The market has more expectations for the "artificial intelligence +" in the domestic A-share market. In fact, from February 6 to March 15, domestic optimism about the prospects of artificial intelligence continued to ferment, and A-share computer, electronics, communications and other sectors have significantly outperformed the broader market and the US Philadelphia Semiconductor Index.
At the same time, the sharp rise in "artificial intelligence +" has also become one of the important reasons for the counterattack in private equity performance in February, directly promoting the rapid recovery of subjective investment strategies in net worth, and many private equity companies have regained lost ground and even started to make money. The industry believes that the AI market has the potential for sustained growth and is expected to start a long-term market at the annual level.
AI major conference is coming
According to the official website of the Global Game Developers Conference (GDC), the number of participants in the 2023 GTC online conference will reach 319,000. The 2024 GTC will be held from March 18 to 21, with more than 300 exhibitors, various speeches, More than 900 trainings, seminars and group discussions were held, with speakers from META, OpenAI, Google DeepMind, Stanford, xAI, Mistral AI, etc.
Among them, the theme of "AI" is very popular, with many well-known game companies participating in the conference, and there are 16 AI themed summit speeches, including large language models, modularization, generative artificial intelligence, etc. At the same time, the NVIDIA GTC Conference is also one of NVIDIA's most important technology release platforms every year and is recognized by the industry as the "AI weathervane."
Looking back at the GTC conferences in 2022 and 2023, a number of blockbuster products were released, driving the development of the entire AI accelerated computing industry. From cloud computing to big data technology, high-performance computing to driverless driving, robots to artificial intelligence, and now AIGC, which has caused a global AI wave, the market is paying close attention to it.
Although the stock price of AI computing power giant NVIDIA has been in shock since hitting a record high on March 7, Wall Street is extremely optimistic about NVIDIA's current GTC. Among analysts tracked by Bloomberg, Nvidia received 60 buy ratings, 7 hold ratings, and 0 sell ratings.
"Artificial Intelligence +" direction has become the main force in counterattacking private equity performance
In fact, the A-share market has also set off an AI craze in the rebound that started before the holiday, and the "artificial intelligence +" action will promote its innovative applications in various fields, such as communications, computers, games, robots, etc. Other thematic industries were among the top gainers.
Optimism about the prospects of artificial intelligence in the domestic market continues to ferment. In this wave of counterattacks that began before the Spring Festival, A-share computer, communications, electronics and other sectors outperformed the broader market and the US Philadelphia Semiconductor Index. Statistics show that since last month (2024/2/6-2024/3/15), the Shenwan first-level computer index has increased by 36.23%, the Shenwan first-level communication index has increased by 33.55%, the Shenwan first-level electronic index has increased by 29.52%, and the Shenwan first-level electronic index has increased by 29.52%. Wanyi Media Index rose 30.50%. During the same period, the Shanghai Composite Index rose 13.04% and the Shenzhen Composite Index rose 23.84%, outperforming the market. Compared with overseas markets, the US Philadelphia Semiconductor Index (SOX) rose 9.6% during the same period.
"Since February, sectors such as artificial intelligence, robotics, wind and photovoltaics have taken turns to perform. This is also an important reason why the performance of tens of billions of private equity, which has been laying out growth opportunities since last year, has been boosted." said a large private equity fund manager in Beijing. According to the latest data from the Private Equity Ranking Network, the performance of 3,134 private equity equity strategies with performance records surged 9.14% in February, and their net worth has experienced a rapid recovery. Many private equity firms have regained lost ground and even started to make money.
Market funds are also rushing into the "artificial intelligence +" theme sector, and there is a phenomenon of "a hundred flowers blooming". In ETFs on multiple themes such as artificial intelligence, games, robots, etc., there are obvious signs of capital inflows and large increases. The largest robot-themed index fund in the market, "Robot ETF" (562500), increased by 35.79% during the same period, and its latest scale reached 1.1 billion yuan, a new high in the past year.
Kou Zhiwei, a partner at Chongyang Investment, a tens-billion private equity institution, believes that with the rapid development of artificial intelligence technology in the multi-modal field, humanoid robots are expected to integrate with artificial intelligence in aspects such as environmental perception, autonomous decision-making, human-computer interaction and motion control, and improve products. The level of intelligence accelerates the implementation of applications. "Specific to the industrial chain, we believe that robot perception and control, artificial intelligence computing power, communication-related hardware facilities and other aspects are worthy of attention."
Over 50% of private equity investors believe that AI will become the main line of annual market trends
Regarding the question of how long the next round of AI market can last, according to the recent private equity ranking network survey results: 56.25% of private equity investors believe that AI is a revolutionary technology with the potential for continued growth and is expected to start a long-term market at the annual level; 25% of private equity investors believe that the market is a mid-term market, and the future depends on the development of the industry; 18.75% of private equity investors believe that the AI market is more stimulated by events and is a short-term market.
According to data from third-party platforms, as of March 1, the private equity position index of tens of billions of stocks was 74.51%, an increase of 1.51 percentage points from February 23, and the position index hit a new high in the past month. Among them, 42.04% of the tens of billions of private equity positions exceed 80%, and 46.55% of the tens of billions of private equity positions are between 50% and 80%.
From the perspective of adding positions, the growth sector represented by artificial intelligence has become the "favorite" of leading private equity investors. Shenzhen Wangzheng Investment stated that it will gradually increase its position in the AI direction in the coming period. It is a fact that the core of the AI industry wave is in the United States, but this is also the closest China has come to an epoch-making industrial wave since the Industrial Revolution, and it is also the one that makes leaders the most nervous. China has the opportunity and ability to keep up with the industrial wave, among which will be Various investment opportunities are emerging.
Yuanwangjiao Investment believes that from the perspective of potential valuation improvement, there is great room for imagination in the vigorous development of cutting-edge technologies represented by AI, and some mid-to-high-end manufacturing fields that are characterized by the rise of great powers also contain huge development potential. , will continue to actively pay attention to the development and iteration of the technological wave.
NVIDIA GTC conference, the schedule is as follows:
-On Tuesday, March 19, from 4:00 to 6:00 am, NVIDIA CEO Jensen Huang will deliver a keynote speech, where he will release breakthrough results in accelerated computing, generative AI, and robotics.
-On Wednesday, March 20, from 1:00-1:25, NVIDIA’s global head of medical AI will discuss how artificial intelligence can help the development of the next generation of biomedicine.
-On Wednesday, March 20, from 6:00-6:50, NVIDIA's Senior Director of Robotics Research and Executive Director of the AI Institute will discuss "The Role of Robots and AI: Past, Present and Future."
- On Wednesday, March 20 from 12:00-12:50, NVIDIA’s Vice President of Enterprise Computing and OpenAI’s COO will discuss what’s next for generative AI.
On Thursday, March 21, from 1:00-1:50, the Senior Director of Robotics at Google DeepMind will focus on robots in the era of generative AI.
-On Thursday, March 21, from 2:00-2:50, Nvidia CEO Jensen Huang and many other experts in the field of artificial intelligence will have a panel discussion on transformative artificial intelligence to discuss how AI can change the industry.
-On Thursday, March 21, from 11:00 to 11:50, NVIDIA Life Sciences Developer Relations Team Leader and other relevant people discussed "Artificial Intelligence Driven Drug Research and Development."
-Friday, March 22, 2:00-2:50, NVIDIA Senior Product Manager discusses "Exploring the possibility of using generative AI technology to allow non-player characters (NPCs) to drive immersive, dynamic storytelling in games"
#GTC峰会 #AI大会
