
Core Viewpoint - The semiconductor sector has shown remarkable performance since the second half of 2024, driven by trends in the AI industry and strong demand for computing power, with the STAR Market Chip Index achieving a return of 71.86% over the past year [1][9]. Group 1: STAR Market Chip Index Performance - The STAR Market Chip Index (000685) was launched in June 2022 and includes stocks related to semiconductor materials, equipment, design, manufacturing, packaging, and testing [2]. - As of August 8, 2024, the STAR Market Chip Index has outperformed the CSI 300 Index and other representative indices of the STAR Market, such as the STAR 50 and STAR 100 [9]. - The index consists of 50 constituent stocks, with the top ten weighted stocks including Cambricon, SMIC, and Haiguang Information, covering various segments of the semiconductor industry [5][9]. Group 2: ETF Performance and Market Statistics - There are currently eight STAR Market Chip ETFs with a total scale of approximately 37.57 billion yuan, with the top three being from Harvest Fund, Huaan Fund, and Huitianfu Fund [1][17]. - The average annual return of five STAR Market Chip ETFs established before 2025 is 11% [1]. - The most liquid ETF, Harvest STAR Market Chip ETF, has an average daily trading volume exceeding 1.9 billion yuan this year [16].