Market Overview - On September 2, A-shares experienced a collective decline, with the Shanghai Composite Index dropping by 0.53% during intraday trading. The banking, home appliance, and public utility sectors showed positive performance, while the communication and computer sectors faced significant declines [1]. Chip Sector Performance - The Chip ETF (159995.SZ) fell by 2.20%, with mixed performances among its constituent stocks. Notable gainers included Hu Silicon Industry, which rose by 3.09%, and Zhaoyi Innovation, which increased by 2.81%. In contrast, companies like Rockchip and Shanghai Semiconductor experienced declines of 8.01% and 5.32%, respectively [1]. Industry Insights - According to TrendForce's latest survey, the overall wafer foundry capacity utilization and shipment volume are expected to strengthen by the second quarter of 2025, leading to a revenue increase for the top ten global wafer foundry companies to over $41.7 billion, marking a quarter-on-quarter growth of 14.6% [1]. - The growth momentum in the third quarter for wafer foundries is anticipated to come from seasonal demand for new products, with advanced processes set to benefit from upcoming high-end chip orders. The revenue from high-priced wafers is expected to significantly support the industry, while mature processes will also see additional orders from peripheral ICs [1]. Domestic Model Development - Tianfeng Securities highlighted the continuous iteration and upgrade of domestic open-source large models, which are being deeply adapted to domestic chips. The latest DeepSeek V3.1 model is optimized for the new generation of domestic chips, showcasing the synergy between domestic computing power and models, which is expected to enhance the local computing ecosystem [1]. - With the ongoing growth in demand for inference computing power and AI applications, the collaboration between domestic models and hardware is likely to accelerate the industry's progress towards self-sufficiency [1].
晶圆代工营收创新高!芯片ETF下跌2.20%,沪硅产业上涨3.09%