Xin Lang Cai Jing·2025-08-13 05:27Core Viewpoint - The semiconductor sector in China is experiencing significant growth, driven by AI demand and a shift towards inference computing, with the Sci-Tech Innovation Board Chip Index showing positive performance and the Sci-Tech Chip ETF gaining substantial traction in trading volume and net value [1][4][5]. Group 1: Market Performance - As of August 13, 2025, the Sci-Tech Innovation Board Chip Index increased by 0.90%, with notable gains from stocks such as China Shipbuilding Industry Corporation and Shanghai Hojin [1]. - The Sci-Tech Chip ETF (588200) rose by 0.95%, marking its third consecutive increase [1]. - The ETF recorded a turnover rate of 4.96% and a transaction volume of 1.557 billion yuan, with an average daily transaction volume of 2.474 billion yuan over the past year, ranking first among comparable funds [4]. Group 2: Fund Growth and Performance - The Sci-Tech Chip ETF saw a significant increase in scale, growing by 6.178 billion yuan over the past three months, leading among comparable funds [4]. - The ETF's share count increased by 2.181 billion shares in the last three months, also ranking first among comparable funds [4]. - The net value of the Sci-Tech Chip ETF rose by 78.97% over the past year, placing it first among comparable funds, with a ranking of 107 out of 2954 in the index stock fund category [4]. Group 3: Industry Outlook - IDC predicts that by 2027, the share of inference computing in China's intelligent computing will rise from approximately 41% in 2023 to around 72.6% [5]. - Tianfeng Securities anticipates continued optimistic growth in the global semiconductor market driven by AI, with a focus on domestic substitution amid supply chain risks [5]. - The top ten weighted stocks in the Sci-Tech Innovation Board Chip Index account for 57.59% of the index, with companies like Cambricon and SMIC being key players [5][7].