芯片为何大涨？大基金三期即将重点投向设备与EDA！

Core Viewpoint - The Chinese semiconductor industry is experiencing a significant boost due to the launch of the largest semiconductor fund in history, "Big Fund Phase III," which will focus on critical areas such as lithography machines and EDA software to overcome technological restrictions [1][3]. Group 1: Investment Focus - The "Big Fund Phase III" will prioritize investments in lithography machines and EDA software, which are identified as key leverage points for the semiconductor industry [3]. - The fund aims to integrate fragmented supply chains in lithography systems through long-term capital support, enhancing the domestic production capabilities [4]. - The strategy includes supporting mergers and acquisitions among leading EDA companies to accelerate the development of comprehensive platforms, potentially linking with foundries like SMIC [5]. Group 2: Market Impact - The semiconductor equipment ETF (561980) saw a significant increase, rising over 2% in early trading, reflecting positive market sentiment driven by the fund's initiatives [1]. - Current domestic semiconductor equipment localization is estimated at less than 25%, with expectations that "Big Fund Phase III" could raise this figure to over 40% in the next five years, indicating a potential emergence of billion-dollar market leaders [5]. - The semiconductor equipment sector has shown strong performance, with the CSI Semiconductor Index rising 5.18% since June 18, suggesting a robust rebound in the market [7].