芯片ETF（159995.SZ）下跌3.53%，兆易创新跌8%，机构建议逢低布局

Group 1 - The A-share market experienced a collective decline on February 2, with the Shanghai Composite Index dropping by 1.13%. The food and beverage, banking, and beauty care sectors showed positive performance, while non-ferrous metals and oil and petrochemicals faced significant declines. The chip sector remained sluggish, with the chip ETF (159995.SZ) down by 3.53% and key stocks like Wen Tai Technology down by 10.00%, Beijing Junzheng down by 9.14%, and Zhaoyi Innovation down by 8.25% [1][2] Group 2 - According to market research firm TrendForce, due to major DRAM manufacturers shifting advanced processes and new capacities to meet AI server demands, the overall supply in the market is severely tight. It is expected that the contract price of general-purpose DRAM will increase by 55% to 60% quarter-on-quarter in the first quarter of 2026 [3] - Donghai Securities indicated that industry demand is slowly recovering, with AI investments exceeding expectations and storage chip price increases also surpassing forecasts. The market currently has a relatively high level of funding enthusiasm, suggesting a strategy of buying on dips [3] - The chip ETF (159995) tracks the National Chip Index, which includes 30 constituent stocks representing leading companies in the A-share chip industry across materials, equipment, design, manufacturing, packaging, and testing, including SMIC, Cambricon, Changdian Technology, and Northern Huachuang [3]