Core Viewpoint - The semiconductor materials and equipment sector in China's Sci-Tech Innovation Board is experiencing significant growth, driven by increasing demand for computing power and advancements in artificial intelligence [1][2]. Group 1: Market Performance - As of August 18, 2025, the Sci-Tech Innovation Board semiconductor materials and equipment theme index rose by 2.55%, with notable increases in constituent stocks such as Huahai Chengke (+8.49%), Tianyue Advanced (+5.11%), and Hushi Silicon Industry (+5.00%) [1]. - The Sci-Tech Semiconductor ETF (588170) also increased by 2.55%, reaching a new high for the year at 1.13 yuan [1]. Group 2: Computing Power Growth - According to the Ministry of Industry and Information Technology, China's computing power reached 180 EFLOPS by the end of 2022, ranking second globally, and is projected to grow to 300 EFLOPS by 2025 [1]. - The proportion of intelligent computing power within the total computing power has increased from 3% in 2016 to 25.4% by June 2023, with expectations to reach 35% by 2025 [1]. Group 3: Investment in Intelligent Computing Centers - Tianfeng Securities reports that the domestic intelligent computing center market is experiencing rapid growth, with a market size of 87.9 billion yuan in 2023, reflecting over 90% year-on-year growth [1]. - The demand for computing power is shifting towards inference as AI large models are increasingly implemented in commercial scenarios [1]. Group 4: Semiconductor Sector Characteristics - The Sci-Tech Semiconductor ETF (588170) tracks the semiconductor materials and equipment theme index, comprising 59% semiconductor equipment and 25% semiconductor materials, highlighting the importance of domestic substitution in these sectors [2]. - The semiconductor equipment and materials industry is characterized by low domestic substitution rates and high potential for domestic replacement, benefiting from the expansion of semiconductor demand driven by the AI revolution and technological advancements [2].
AI算力链强势冲高,科创半导体ETF(588170)盘中创新高
Mei Ri Jing Ji Xin Wen·2025-08-18 05:49