Recently, an analysis was made of the main capital inflow into AI-related concept stocks in the A-share market in December, revealing some interesting phenomena worth noting.

BOE Technology Group Co., Ltd. led with 4.236 billion yuan, followed by Shanghai Hanxun with 2.941 billion, and Cambrian with 2.569 billion—these three drove the market heat for the entire month. Chips and information technology are clearly the most favored sectors by capital, with domestic chip companies like Hygon Information and Beijing Junzheng also receiving significant inflows.

Interestingly, this list highlights several concentrated sectors: chip design (Cambrian, Hygon Information, Beijing Junzheng), display screens and electronic manufacturing (BOE Technology, Lingyi iTech), and communications and networks (Inspur Information, Ruijie Networks, XinKe Mobile). The financing scale ranges from 1 billion to over 4 billion yuan, with funds flowing into hard technology and infrastructure.

It’s worth pondering how much the AI investment logic in the traditional stock market overlaps with the focus in the crypto market. Chips, computing power, and data—these foundational infrastructures are crucial in both markets.