半导体设备ETF（561980）盘中直线拉升！长鑫IPO引爆国产设备订单预期，如何解读？

Core Viewpoint - The semiconductor industry is experiencing a significant boost due to the upcoming IPO of Changxin Storage, which is expected to drive demand for upstream semiconductor equipment and enhance domestic production capabilities in 2026 [1][3][4]. Group 1: Market Reaction - The semiconductor equipment ETF (561980) opened with a 1.31% increase and is currently up 0.83%, with trading volume exceeding 1.26 billion yuan, indicating strong market interest [1]. - The ETF has seen a net inflow of over 1 billion yuan for four consecutive trading days, reflecting growing investor confidence in its value [1]. Group 2: Changxin Storage IPO - Changxin Storage has submitted its IPO application and is expected to raise 29.5 billion yuan, primarily for technology upgrades and new DRAM technology development [3][6]. - The company reported a revenue of 32.08 billion yuan for the first nine months of 2025 and anticipates a profit of 3.7 to 11.3 billion yuan in Q4, indicating strong growth potential [3][4]. Group 3: Industry Outlook - Analysts believe that the IPO and expansion plans of Changxin Storage will create a sustained demand for upstream semiconductor equipment, with order growth expected to exceed 30% [4][5]. - The domestic semiconductor equipment sector is positioned for significant growth, driven by the need for local production capabilities and technological advancements [5][6]. Group 4: ETF Performance - The semiconductor equipment ETF (561980) has closely tracked the semiconductor index, with a year-to-date increase of 63.92% and a maximum increase of over 80% [9][10]. - The ETF focuses on key players in the semiconductor industry, with nearly 60% of its holdings in equipment, materials, and integrated circuit design sectors [6][9].