Storage, optical modules, and advanced foundry services are currently the three core constraints on AI computing power chain. The current prosperity in these three areas is driving the upward shift in valuation of hardware sectors. Since the end of February, the spot prices of storage chips have been continuously increasing, with a 25% increase in DRAM spot prices and an 18% increase in NAND flash memory prices. CICC International pointed out that the global storage chip industry is currently experiencing the strongest upward cycle since the beginning of the century. "Optical communication giant" Coherent's conference call pointed out that orders are experiencing a "step-like" growth, with a backlog of orders reaching a historical high, and customers lined up until 2028. In the field of advanced foundry services, this year, the demand for TSMC's advanced packaging CoWoS, driven by Nvidia, has been continuously increasing, and TSMC's production capacity remains tight, with market rumors indicating no expansion plans in the short term. Amidst the storage super cycle, the E Fund AI ETF (03489) closely tracks the FTSE Customized Global Artificial Intelligence Select Index, with holdings covering AI hardware companies such as Micron, SanDisk, TSMC, Nvidia, Lumentum, etc., achieving one-click configuration from optical modules, storage to advanced foundry services, closely following the super cycle of storage and the main upward trend of AI computing power. The fund has shown outstanding performance in the past, with a gain of +21.17% in the past month of tracking the index, helping investors seize the core targets of the high prosperity of the industry under the AI wave.