集成电路ETF（159546）涨超1.2%，三重周期共振或推动估值修复

Group 1 - The semiconductor industry is experiencing a comprehensive rebound driven by a combination of macro policy cycles, inventory cycles, and AI innovation cycles, leading to valuation expansion [1] - TSMC has raised its annual revenue growth forecast from 25% to 30%, indicating strong ongoing demand for AI and a moderate recovery in non-AI demand [1] - The U.S. AI action plan may further restrict semiconductor exports, accelerating the push for domestic manufacturing and self-sufficiency in equipment and materials [1] Group 2 - The integrated circuit ETF (159546) tracks the integrated circuit index (932087), which reflects the overall performance of listed companies involved in semiconductor design, manufacturing, packaging, testing, and related materials [2] - Investors without stock accounts can consider the Guotai CSI Integrated Circuit ETF Initiated Link C (020227) and A (020226) for exposure to the integrated circuit sector [2]