GPU龙头上市催化芯片上游走强，半导体设备ETF（561980）V型拉升涨超2%！

Group 1 - The core viewpoint of the news highlights significant movements in the semiconductor industry, particularly with the rise of domestic alternatives and the upcoming IPOs of leading GPU companies [1][3] - The semiconductor equipment ETF (561980) experienced a 2.08% increase, with notable gains from constituent stocks such as Changchuan Technology (up 7.32%) and Jinhai Tong (up nearly 6%) [1] - The announcement of the IPOs for domestic GPU leaders, Moore Threads and Muxi Co., indicates strong market interest, with issuance prices set at 114.28 yuan and 104.66 yuan per share, respectively [3] Group 2 - The National Artificial Intelligence Industry Investment Fund, established with a total scale of 60.06 billion yuan, signifies high-level strategic recognition and support for the domestic GPU sector [4] - The investment strategy of the National Fund aims to cover the entire AI industry chain, focusing on early-stage investments to build a self-sufficient AI computing foundation [4] - The anticipated large-scale funding from the IPOs is expected to drive technological research and capacity expansion in the upstream semiconductor industry, enhancing long-term demand for domestic equipment and materials [8] Group 3 - The semiconductor equipment ETF (561980) tracks the China Securities Semiconductor Index, with over 50% of its holdings in semiconductor equipment, and more than 90% in key areas of equipment, materials, and integrated circuit design [10] - As of December 3, the China Securities Semiconductor Index has seen a year-to-date increase of approximately 50%, with a maximum increase of over 80%, indicating strong performance compared to other semiconductor indices [10] - The global semiconductor equipment sales are projected to grow by 11% year-on-year by Q3 2025, reaching 33.66 billion USD, driven by robust investments in advanced technology, particularly in AI computing [8]