In recent times, technology sectors, including telecommunications and electronics, have demonstrated robust performance, fueling a broad-based recovery in the net asset values of actively managed equity funds. Notably, funds with substantial investments in AI industry chain segments, such as optical modules and Co-Packaged Optics (CPO), have spearheaded the gains. As these related sectors continue their upward trajectory, AI investment is transitioning from being propelled by industry trends to a phase characterized by performance validation. This shift is expected to result in further divergence in the performance of individual stocks and funds. Industry experts highlight that corporate investment returns, profitability, and the ability to digest valuations will become key areas of focus moving forward. Simultaneously, investors should exercise caution regarding the potential risk of net asset value fluctuations that may stem from the convergence of fund holdings.