存储市场迎价格上涨周期，半导体设备ETF(159516)大涨超3%

Group 1 - The semiconductor equipment ETF (159516) has seen a significant increase of over 3% on November 18, with a year-to-date share growth of over 160%, reaching a scale of over 6.2 billion yuan, ranking first among similar products [1][7] - The storage market is currently experiencing a notable price increase cycle driven by explosive growth in enterprise-level storage demand due to AI applications and a structural supply tightness in traditional storage products [3] - Major storage manufacturers, including Samsung, SK Hynix, Kioxia, and Micron, have reduced NAND Flash supply in the second half of this year, which may prolong the tight supply situation and further drive up NAND prices [3] Group 2 - The "domestic substitution" trend has become a necessity in the semiconductor industry, creating a stable domestic market for equipment and materials companies, which can withstand global cyclical fluctuations [4] - The storage chip industry is entering a new upcycle, supporting the high-quality development of the digital economy, and companies achieving technological breakthroughs in key areas are likely to outperform expectations [4] - The semiconductor equipment ETF (159516) is positioned to benefit from the increasing importance of semiconductor equipment amid escalating geopolitical tensions and the expansion of advanced process and storage production [5] Group 3 - The semiconductor equipment ETF (159516) tracks the CSI Semiconductor Materials and Equipment Theme Index, representing the fundamental progress in the equipment and materials sector [5] - Key companies within the semiconductor equipment ETF include Zhongwei Company (17.29% weight), Northern Huachuang (13.46% weight), and Tuojing Technology (6.05% weight), among others [6]