半导体早参丨英伟达押注中国具身智能巨头，机构建议关注国产化设备及材料导入带来的市场潜力

Market Performance - As of August 13, 2025, the Shanghai Composite Index rose by 0.48% to close at 3683.46 points, the Shenzhen Component Index increased by 1.76% to 11551.36 points, and the ChiNext Index surged by 3.62% to 2496.50 points [1] - The overnight performance of U.S. markets showed the Dow Jones Industrial Average up by 1.04%, the S&P 500 up by 0.32%, and the Nasdaq Composite up by 0.14% [1] - The Philadelphia Semiconductor Index rose by 2.99%, with notable movements in individual stocks such as Micron Technology down by 2.72% and NXP Semiconductors up by 4.76% [1] Company Developments - Zhengfan Technology announced the acquisition of 62.2318% equity in Liao Ning Hanjing Semiconductor Materials Co., Ltd. for a total price of 1.12 billion yuan, aligning with the company's strategic development and enhancing its OPEX business [2] - Aiwei Electronics reported a revenue of 1.37 billion yuan for the first half of 2025, a year-on-year decrease of 13.40%, while net profit attributable to shareholders increased by 71.09% to 157 million yuan, driven by strategic product development in high-performance analog, power management, and signal chain sectors [2] Industry Insights - Nvidia is investing in the future of embodied intelligence in China, showcasing a robust ecosystem of robotics partners at the World Robot Conference, indicating a comprehensive infrastructure that integrates hardware, vertical scenarios, and algorithm teams for rapid commercialization [3] - According to Ping An Securities, domestic companies' innovation capabilities are expected to improve under national policy and funding support, highlighting the increasing demand for domestic semiconductor technology and the potential for market growth in domestic semiconductor enterprises [3] - The semiconductor materials ETF tracks the Shanghai Stock Exchange's semiconductor materials and equipment theme index, focusing on companies in the semiconductor equipment (59%) and materials (25%) sectors, which are crucial for domestic substitution and benefit from the expansion of semiconductor demand driven by the AI revolution [4]