Mei Ri Jing Ji Xin Wen·2025-09-18 06:12Core Viewpoint - The semiconductor materials and equipment sector on the STAR Market is experiencing significant growth, driven by rising demand for AI and domestic IC design, with key stocks showing substantial gains [1] Group 1: Market Performance - The STAR Market semiconductor materials and equipment index surged by 4.91% as of 13:42, with notable increases in constituent stocks such as Zhongwei Company (+13.70%), Huahai Chengke (+10.42%), and Zhongke Feicai (+7.87%) [1] - The STAR semiconductor ETF rose by 4.86%, marking its seventh consecutive increase [1] Group 2: Analyst Insights - Goldman Sachs raised the target price for SMIC's H-shares by 15%, citing optimism about its long-term growth prospects driven by AI trends and domestic IC design demand [1] - Great Wall Securities highlighted the accelerating global AI wave, which is expected to exponentially increase computing power demand, and emphasized the ongoing development of domestic large models like DeepSeek [1] Group 3: Investment Opportunities - The STAR semiconductor ETF and its linked funds focus on hard tech companies in the semiconductor equipment (59%) and materials (25%) sectors, which are crucial areas for domestic substitution [1] - 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, technology restructuring, and advancements in lithography technology [1]