机构表示内存半导体超级周期预计更加持久，科创半导体ETF（588170）涨幅领先同类

Group 1 - The core viewpoint highlights a strong performance in the semiconductor materials and equipment sector, with the STAR Market Semiconductor Materials and Equipment Index rising by 1.28% and notable gains in constituent stocks such as Aisen Co., Ltd. increasing by 12.79% [1] - The STAR Semiconductor ETF (588170) has seen a significant increase in trading volume, with a turnover rate of 7.86% and a transaction value of 323 million yuan, indicating robust market interest [1] - The STAR Semiconductor ETF has reached a new high in scale at 4.093 billion yuan, reflecting strong investor confidence and interest in the sector [2] Group 2 - HuaFeng Technology reported a revenue of 554 million yuan for Q3 2025, marking a year-on-year growth of 109.07%, and a net profit of 72.38 million yuan, indicating a turnaround from losses [2] - JiuRi New Materials announced a revenue of 1.1284 million yuan from photoresists, up 15.46% year-on-year, and a staggering 2034.11% increase in revenue from photosensitive agents, showcasing significant growth in niche segments [2] - The semiconductor industry is experiencing a price increase in memory products, with Samsung and SK Hynix raising DRAM and NAND flash prices by up to 30%, driven by concerns over DRAM shortages and long-term supply agreements [2] Group 3 - The STAR Semiconductor ETF and its linked funds focus on semiconductor equipment (61%) and materials (23%), indicating a strong emphasis on domestic substitution in a sector with low domestic production rates and high potential for growth [3] - The semiconductor materials ETF also emphasizes the upstream semiconductor sector, which is expected to benefit from the AI-driven semiconductor demand and ongoing technological advancements [3]