中国经济网北京9月12日讯 芯原股份（688521.SH）今日复牌，该股开盘报165.77元，涨幅8.35%。截至 发稿时该股涨停报183.60元，涨幅20.00%。 芯原股份昨日晚间披露公告，公司拟以发行股份及支付现金的方式购买芯来智融半导体科技（上海）有 限公司（以下简称"芯来科技"）股权并募集配套资金。经向上海证券交易所申请，公司股票自2025年8 月29日开市起开始停牌，预计停牌时间不超过10个交易日。 2025年9月11日，公司召开第三届董事会第三次会议，审议通过《关于公司本次发行股份及支付现金购 买资产并募集配套资金方案的议案》《关于公司本次发行股份及支付现金购买资产并募集配套资金预案 及其摘要的议案》等与本次交易相关的议案。根据上海证券交易所的相关规定，经公司申请，公司股票 将于2025年9月12日开市起复牌。 鉴于本次交易所涉及的审计、评估工作尚未完成，公司董事会决定暂不召开审议本次交易事项的股东 会。公司将在相关审计、评估工作完成后，再次召开董事会审议本次交易的相关事项，并由董事会召集 股东会审议与本次交易相关的议案。 本次交易尚需经公司再次召开董事会、召开股东会审议通过本次交易的正式方案、 ...

Group 1 - The semiconductor sector experienced a strong rally, with notable stock increases such as Chipone Technology reaching a 20% limit up and East China Semiconductor rising nearly 12% [1] - The establishment of Changchun Phase III (Wuhan) Integrated Circuit Co., Ltd. with a registered capital of 20.72 billion yuan indicates ongoing investment in the semiconductor industry [1] - The domestic semiconductor equipment localization rate is on the rise, with predictions that it will reach 18% by 2025, an increase of 4 percentage points year-on-year [1] Group 2 - Domestic high-end semiconductor equipment has entered a phase of increased production, with core equipment capable of 28-14nm process technology and progressing towards 7-5nm [2] - Domestic equipment manufacturers possess unique advantages over foreign counterparts, including effective service, customization capabilities, and a focus on customer needs [2] - The domestic semiconductor industry is committed to enhancing the localization rate of computing power chips across the entire supply chain, from upstream equipment and materials to downstream advanced packaging [1][2]

Core Viewpoint - The smart vehicle ETF, Taikang (159720), is experiencing strong performance, driven by significant growth in the electric vehicle (EV) market and advancements in smart driving technology [1][2][4]. Group 1: Market Performance - As of September 12, 2025, the Taikang smart vehicle ETF rose by 1.5%, with the underlying index, the CSI Smart Electric Vehicle Index (H11052), increasing by 0.15% [1]. - Key component stocks such as Chip Origin (688521) surged by 20.00%, while other notable performers included Guoxuan High-Tech (002074) at 3.06% and Luxshare Precision (002475) at 2.42% [1]. Group 2: Industry Growth - In August, China's new energy vehicle production and sales reached 1.391 million and 1.395 million units, marking year-on-year growth of 27.4% and 26.8%, respectively [1]. - New energy vehicles accounted for 48.8% of total new car sales, indicating a significant market shift towards electrification [1]. - The installed capacity of power batteries in August was 62.5 GWh, reflecting a month-on-month increase of 11.9% and a year-on-year increase of 32.4% [1]. Group 3: Technological Advancements - The current period is critical for the maturity of advanced driving technologies, with a notable shift in user acceptance and business models [2]. - The penetration rate of L2+ assisted driving technology is nearing 65%, while L3 level production is being realized in highway scenarios [2]. - Companies with strong self-research capabilities in large models and computing power are expected to benefit the most from these trends [2]. Group 4: Investment Opportunities - The Taikang smart vehicle ETF covers key segments of the smart driving industry, with the top ten weighted stocks accounting for 55.33% of the fund [3]. - The ETF is positioned to benefit from the positive cycle of technological breakthroughs, commercial implementation, and scale expansion as Robotaxi operations grow [3]. - Investors are encouraged to monitor developments in smart driving regulations and Robotaxi pilot operation data to capitalize on investment opportunities in the smart driving sector [3][4].

编辑 杨娟娟 新京报贝壳财经讯 9月11日，芯原股份发布公告称，公司拟通过发行股份及支付现金方式向芯来共创、 胡振波、芯来合创等31名交易对方购买其合计持有的芯来科技97.0070%股权，并募集配套资金。截至 目前，上市公司直接持有芯来科技2.9930%股权，本次交易完成后，芯来科技将成为上市公司的全资子 公司。公司股票将于9月12日开市起复牌。 ...

Core Insights - The AI industry chain continues to experience explosive growth, with significant increases in the performance of AI-related ETFs, such as the Sci-Tech AI ETF and the Sci-Tech Chip 50 ETF, which saw gains of 2.87% and 2.37% respectively [1][3][6] - Semiconductor stocks are leading the charge, with notable gains from companies like Chip Origin, which surged over 14% following an acquisition announcement [3][6] - The AI sector is being bolstered by strong policy support and increasing demand for AI technologies, with major companies like Oracle and Broadcom reporting substantial revenue growth driven by AI [7][10] ETF Performance - The Sci-Tech AI ETF (589560) opened with a 2.87% increase, reaching a high of 1.010, while the Sci-Tech Chip 50 ETF (588750) rose by 2.37% [1][3] - The top ten components of the Sci-Tech AI ETF include companies like Cambricon and Kingsoft Office, with Cambricon showing a 3.82% increase [3][4] - The Sci-Tech Chip 50 ETF's top performers include Cambricon and Haiguang Information, with Cambricon rising by 3.46% [5][6] Semiconductor Sector Dynamics - Chip Origin's stock price increased by over 14% after announcing plans to acquire a 97% stake in Chip Technology, enhancing its capabilities in CPU core IP [6] - The semiconductor sector is experiencing a demand surge, with AI being a core growth driver, leading to increased investments in AI chips and related technologies [9][10] - Major Chinese tech firms are increasingly relying on self-developed chips for AI model training, reducing dependence on foreign suppliers like NVIDIA [7][10] Policy and Market Trends - Recent policies emphasize the integration of AI across various sectors, signaling a strong commitment to AI as a key driver of economic growth [8] - The AI sector is expected to benefit from a favorable investment environment, with a focus on new technologies and applications in traditional industries [8][9] - Analysts predict that the demand for AI-related infrastructure, such as data centers and GPU clusters, will continue to rise, particularly among leading Chinese cloud service providers [9][10]

Group 1 - The core viewpoint of the news highlights a significant increase in orders for Chip Origin Co., with a total order amount reaching 30.25 billion yuan, marking a historical high, and a new order of 12.05 billion yuan, representing an 85.88% year-on-year growth [2] - AI-related orders constitute approximately 64% of the new orders, indicating a strong demand for AI computing power [2] - Oracle has signed a partnership agreement with OpenAI to procure computing resources worth 300 billion USD over five years, starting in 2027, which is expected to support OpenAI's large data center project "Stargate" [2] Group 2 - The semiconductor market is projected to grow to 760.7 billion USD by 2026, reflecting an 8.5% year-on-year increase, driven by AI as a key factor for expansion [2] - The domestic GPU market is estimated to be in the trillion yuan range, with significant growth potential as domestic GPU production accelerates [3] - The focus on the semiconductor sector is expected to attract market recognition, with AI driving the narrative and valuation logic for the semiconductor industry [4] Group 3 - The Science and Technology Innovation Chip ETF (589100) has shown a daily increase of over 3%, reflecting strong market interest in semiconductor stocks [1][4] - The index tracks semiconductor and electronic industry companies listed on the Science and Technology Innovation Board, showcasing high-tech attributes and growth potential [4] - The top ten weighted stocks in the index include leading domestic chip companies, with significant representation from firms like Cambricon and Haiguang Information [6]

Group 1: Technology Developments - Alibaba has launched its next-generation foundational model architecture Qwen3-Next, which includes significant improvements such as a mixed attention mechanism and enhanced inference efficiency [2] - Tesla's Model Y L is sold out for October, with consumers now facing a wait for November deliveries, indicating strong demand for the vehicle [3] - Haier has unveiled its first mass-produced Robotaxi model "HR1," with plans for mass production by 2026 and deployment of over 50,000 units by 2027 [6] Group 2: Corporate Announcements - Zhongke Shuguang reported a strong order backlog for its third-generation immersion liquid cooling solutions, although revenue recognition remains uncertain due to project implementation cycles [5] - Ant Group's CEO discussed the concept of token economy, emphasizing the need for compliance and the transformation of tokens into tools that address trust and efficiency issues in the real economy [11] - Xpeng's flying vehicle "X3-F" has received a special flight permit from the UAE, marking a significant milestone for Chinese flying car companies [14] Group 3: Market Trends and Financial Performance - Texas Instruments anticipates a 50% growth in its data center business, driven by the rapid expansion of data center construction [19] - Chip Origin reported a record high in new orders of 1.205 billion yuan from July 1 to September 11, with AI computing-related orders making up approximately 64% of the total [19] - Yangjie Technology plans to acquire 100% of Better Electronics for 2.218 billion yuan, with performance commitments for net profits over the next three years [21]

9月12日早盘，芯原股份涨14.38%，报175.0元/股，股价再创新高。总市值突破919.99亿元，成交额达 19.36亿元。 ...

（文章来源：每日经济新闻） 兴业证券指出，AI浪潮带动算力需求爆发，服务器、AI芯片、光芯片、存储、PCB板等环节价值量将 大幅提升。博通2025财年第三季度人工智能营收同比增长63%，预计第四季度AI半导体营收加速增长至 62亿美元，连续十一个季度实现增长。全球半导体设备出货金额同比增长24%，受先进逻辑制程、 HBM相关DRAM应用推动。未来3年"先进工艺扩产"将成为自主可控主线，CoWoS及HBM卡位AI产业 趋势，先进封装重要性凸显。 科创芯片ETF国泰（589100）跟踪的是科创芯片指数（000685），单日涨跌幅可达20%。该指数聚焦于 科创板上市的半导体与电子行业企业，成分股覆盖集成电路、芯片设计等领域，展现高科技属性及成长 潜力，科创芯片指数中网罗国产芯片龙头。 消息面，芯原股份公告称，截至2025年第二季度末，在手订单金额为30.25亿元，创历史新高。2025年7 月1日至2025年9月11日，公司新签订单12.05亿元，较去年第三季度全期大幅增长85.88%，新签订单已 创历史新高，其中AI算力相关的订单占比约64%。除新签订单创历史新高外，公司在手订单持续保持高 位，预计将对公司后续经营 ...

Group 1 - The technology sector remains strong, with storage chip concepts gaining momentum, as evidenced by the performance of related ETFs [1] - The Tianhong Sci-Tech Innovation Index ETF (589860) increased by 1.44% with a trading volume exceeding 34 million yuan, while the Tianhong Chip ETF (159310) rose by 2.47% [1] - Key stocks in the Tianhong Sci-Tech Innovation Index ETF include leading tech companies such as Cambrian (寒武纪-U), Haiguang Information, and SMIC [1] Group 2 - Unigroup Guowei has successfully launched and mass-produced multiple eSIM products, becoming the first domestic chip manufacturer to achieve global commercial use of eSIM [2] - Micron Technology's stock rose over 7% in the US market, marking a seven-day consecutive increase, with expectations of strong earnings guidance in its upcoming financial report [2] - The semiconductor industry showed steady growth in Q2 2025, with a year-on-year revenue increase of 13.87% and a net profit growth of 23.99% [2] Group 3 - Supply-side reductions are becoming evident, with major manufacturers focusing on advanced products that offer better profit margins, leading to price increases in DRAM and NAND contracts [3] - Demand from cloud computing companies is rising, driven by increased capital expenditures and heightened expectations for AI-related demand, which is boosting enterprise storage needs [3] - The storage market is entering a clear upward trend, with a positive outlook for enterprise storage demand and domestic DRAM replacement [3]