AI景气+存储扩产并行，半导体设备ETF（159516）大涨超5%

Group 1 - The semiconductor equipment ETF (159516) has surged over 5% due to multiple positive catalysts in the chip industry, with a net inflow of over 2.6 billion yuan in the past 20 days, bringing its total size to nearly 10 billion yuan, ranking first among similar products [1][7] - The semiconductor equipment investment is expected to be strong due to the dual catalysts of storage expansion and technological upgrades, with CXKJ planning to raise 29.5 billion yuan for projects related to storage wafer manufacturing and DRAM technology upgrades [2][3] - The prices of DRAM and NAND Flash have increased significantly, with spot prices rising over 300% since September, and contract prices expected to rise by 55%-60% for DRAM and 33%-38% for NAND in Q1 2026 [2][3] Group 2 - The semiconductor equipment sector is poised for a strong expansion cycle starting in 2026, with industry-wide order growth potentially exceeding 30% and possibly reaching over 50% [3] - The current market dynamics are driven by AI demand, which is creating a high level of activity in the semiconductor equipment sector, distinguishing this cycle from previous recoveries [4][5] - The semiconductor equipment ETF (159516) is considered to have a high cost-performance ratio and is recommended for continued observation due to the favorable market conditions and upcoming order guidance from semiconductor equipment companies [5]