中信证券：三方面的技术趋势将推动刻蚀设备的用量和重要性提升

Core Insights - The article highlights three key technological trends that are expected to drive the demand and importance of etching equipment: the adoption of multi-patterning lithography, the need for 3D stacked storage and near-memory computing, and upgrades in underlying transistor structures [1] Industry Trends - The semiconductor equipment industry is anticipated to experience a new growth phase driven by downstream capacity expansion in the short term [1] - There is a clear direction towards domestic production of semiconductor equipment in the long term [1] Investment Opportunities - It is recommended to pay attention to domestic etching equipment manufacturers as well as related supporting equipment and component companies [1]