Amid market volatility, billion-yuan private funds have been bucking the trend by raising their positions. As of the end of October, the position index for billion-yuan private funds climbed to 83.10%, marking two consecutive weeks of increases. Recently, the overseas AI sector has undergone a notable correction, with the market voicing concerns over tech giants' capital expenditure, computing power demand, and profitability. Nevertheless, many billion-yuan private funds maintain that AI's long-term trajectory remains intact, with near-term opportunities being primarily structural in nature.
