20cm速递｜科创人工智能ETF国泰（589110）涨超2.2%，半导体国产替代逻辑受关注

Group 1 - The core viewpoint of the article highlights the rising interest in domestic semiconductor replacement logic, as evidenced by the over 2.2% increase in the Guotai Sci-Tech AI ETF (589110) on January 8 [1] - The semiconductor industry is highly integrated with production processes, and domestic wafer manufacturers are developing new technological paths due to limitations in equipment and support from overseas EDA tools, creating independent market space for domestic EDA vendors [1] - Recent IPOs and mergers in the EDA industry are becoming more active, with increasing transaction amounts focused on core areas of digital IC design, indicating an acceleration in industry development [1] Group 2 - Over the next five years, domestic EDA vendors are expected to integrate through mergers to cover the entire digital IC design process and align with advanced manufacturing tools for domestic wafer manufacturers [1] - Support from local governments and the national big fund for the EDA industry will facilitate mergers and integrations among leading players, further accelerating industry growth [1] - In the medium to long term, the EDA industry is projected to consolidate into 2 to 3 leading firms, reinforcing the logic of domestic replacement [1] Group 3 - The Guotai Sci-Tech AI ETF (589110) tracks the Sci-Tech AI Index (950180), which has a daily fluctuation limit of 20%, and selects 30 listed companies from the Sci-Tech board that cover AI foundational resources, core technology R&D, and industry application [1] - The index constituents exhibit significant R&D investment characteristics, with the semiconductor industry accounting for over 50%, reflecting a small-cap growth style and high market elasticity [1]