In several AI segments (scrap), perhaps only a few upstream industries like CCL and electronic fabric will truly benefit from this wave of AI (but their profit release potential is far less than that of optical modules back in the day). The rest are mostly just thematic hype, but it doesn't affect stock price increases. The A-share market loves a new story, and everyone gets what they need. Unfortunately, several prominent targets have very large market capitalizations already; if they rise further, the calculations will become too easy.

[Dog Head]

: The market capitalization is almost exceeding that of the authentic AI chain like MPO, AEC, and copper connectors, and the valuation is simply not worth looking at.

Other random thoughts: Besides North American AI, I think the gaming sector has very good chips, and there are also some solid chips related to stablecoins in cross-border payments. The ones with exhausted chips are new consumption and robotics. Additionally, the Hang Seng Index has adjustment needs due to the delivery battle (I don't really believe that innovative drugs can support the Hang Seng Index on their own; there have been obvious signs of distribution recently), and the Shanghai Composite Index has also reached 3500, which exceeds the psychological level. Overall trading opportunities in July might not be as good as last month.