A股光刻机指数一年涨130%，产业链名单曝光

Core Viewpoint - The semiconductor manufacturing sector, particularly the lithography machine segment, is experiencing significant market interest and investment, especially in the context of rising domestic production capabilities and geopolitical factors affecting supply chains [2][3][10]. Industry Overview - The lithography machine market is crucial for semiconductor processing, with various generations of machines including g-line, i-line, KrF, ArF, and EUV, where EUV represents a key development direction globally [8][10]. - ASML dominates the global lithography machine market, holding over 80% market share, while Japanese competitors Nikon and Canon have much smaller shares [9][10]. Market Performance - The A-share market has seen a surge in lithography machine-related stocks, with Zhangjiang Hi-Tech (600895.SH) hitting a historical high and other companies like Jiangfeng Electronics (300666.SZ) and United Chemical (301209.SZ) also experiencing significant gains [3][5]. - The Wind lithography machine index has increased nearly 130% over the past year, with a notable peak on September 24 [3]. Domestic Developments - Shanghai Micro Electronics (SMEE) is the leading domestic lithography machine manufacturer, accounting for over 80% of the domestic market share and having developed machines capable of producing chips at 90nm and below [10][11]. - Domestic lithography machine production is still limited, with a current localization rate of only 2.5% [10]. Investment and R&D - Companies like Jiangfeng Electronics are developing key materials and components for lithography processes, with products entering mass production [5][6]. - The domestic lithography machine industry is expected to grow, driven by geopolitical factors and the need for self-sufficiency in semiconductor manufacturing [13][14]. Challenges and Opportunities - The industry faces significant technical challenges and supply chain issues, necessitating collaboration across the supply chain to achieve breakthroughs [13][14]. - The development of high-end lithography machines remains a critical goal, with ongoing research and development efforts in various related technologies [15][16].