Cambricon(SH:688256) Mei Ri Jing Ji Xin Wen·2025-08-15 08:20Group 1 - The semiconductor industry maintains high prosperity, with TSMC raising its annual revenue growth forecast from 25% to 30%, confirming the continuation of industry high prosperity [1] - The North American computing power surge drives the switch and server supply chain as a major sentiment booster, with global silicon wafer shipment area in Q2 2025 showing a significant increase, marking the highest since Q3 2023 [1] - Demand for AI data center chips remains strong, with niche memory prices gradually recovering, and significant price increases observed in large-capacity NOR Flash products since May, expected to continue in Q3 [1] Group 2 - Major overseas tech companies are increasing capital expenditures, indicating ongoing enthusiasm for AI computing power investments [1] - The recent discussions by the Cyberspace Administration of China regarding Nvidia's H20 backdoor security risks highlight the importance of domestic computing power autonomy, accelerating the push for self-sufficient domestic chip design and manufacturing [1] - The electronic sector is poised for a "valuation expansion" trend under the resonance of "macro policy cycle, industry inventory cycle, and AI innovation cycle" [1] Group 3 - The Guotai ETF (589100) tracks the Sci-Tech Chip Index (000685), with daily fluctuations reaching up to 20%, focusing on semiconductor and electronic companies listed on the Sci-Tech Board, showcasing high-tech attributes and growth potential [1] - The index includes significant weight from Cambrian, exceeding 10% [1] - Investors without stock accounts can consider Guotai's linked ETFs for the Sci-Tech Board chip sector [1]