国产AI芯片销售额猛增至160亿美元！“港股芯片”触底反弹？159131直线上涨1.87%

Group 1 - The Hong Kong stock market's semiconductor industry chain showed resilience, with the "A-share chip" index slightly up by 0.30% and the "Hong Kong chip" index up by 1.18% as of the morning of December 4 [1] - The first Hong Kong ETF focused on the semiconductor industry chain, the Hong Kong Information Technology ETF (159131), saw a price increase of 1.87% with a trading volume exceeding 24 million yuan [1] - The semiconductor, consumer electronics, and computer software sectors were collectively active, with notable gains from companies such as InnoCare (up over 4%), UBTECH, and Kingsoft (up over 3%) [3] Group 2 - According to SEMI, global semiconductor equipment sales are projected to grow by 11% year-on-year to reach $33.66 billion in Q3 2025, driven by strong investments in advanced technology, particularly in AI computing [3] - The demand for domestic AI chips is expected to surge due to continuous computational power needs and the exit of NVIDIA from the Chinese market, leading to a significant increase in market share for domestic AI chip manufacturers [3] - Bernstein's report indicates that domestic AI chip sales are expected to rise from $6 billion last year to $16 billion, with market share increasing from 29% to 42%, representing a growth rate of 112%, nearly three times that of foreign chips [3] Group 3 - CITIC Securities states that the memory sector is in the early stages of a super cycle, with high visibility of shortages expected in the next six months, and contract prices likely to increase or maintain their rise until the end of Q1 2026 [4] - The report emphasizes that companies closely aligned with memory manufacturers will benefit more during this upcycle, with recommendations for niche memory firms and companies involved in enterprise-level storage and SSD/memory chip design [4] - The Hong Kong Information Technology ETF (159131) is structured with a 70% hardware and 30% software composition, focusing on 42 Hong Kong hard tech companies, with significant weights in companies like SMIC (20.27%) and Xiaomi (9.11%) [4]