Kimi商业化爆发引领国产AI大模型，科创芯片设计ETF天弘(589070)近11日“吸金”近3200万元

Core Viewpoint - The Tianhong Sci-Tech Chip Design ETF (589070) is experiencing significant growth in both trading volume and fund shares, reflecting a positive outlook for the semiconductor industry amid a recovery cycle and favorable policies [1][2]. Fund Performance - As of February 24, 2026, the Tianhong Sci-Tech Chip Design ETF had a turnover rate of 6.04% and a transaction volume of 35.99 million yuan, while the tracked Shanghai Sci-Tech Board Chip Design Index fell by 0.89% [1]. - The ETF has seen an increase of 34 million shares this month, with a total inflow of 31.78 million yuan over the last 11 trading days [2]. Market Trends - The semiconductor industry is currently in a recovery phase, supported by both policy and demand, enhancing the investment value of the Tianhong Sci-Tech Chip Design ETF [2]. - The commercialization of domestic AI large models is accelerating, which is expected to lead to explosive growth in demand for computing power chips [2]. Industry Insights - Institutions believe that the rapid expansion of the downstream application market is driving explosive growth in demand for AI computing acceleration chips, attracting various chip manufacturers [3]. - As Chinese GPU companies continue to make technological breakthroughs, the market size for AI computing acceleration chips is expected to grow rapidly [3]. Expert Opinions - Dongwu Securities highlights that AI applications are pushing traditional mobile and PC chips towards high-end upgrades, necessitating continuous innovation in process technology and architecture design [4]. - Companies that capture the edge computing market and adapt to new AI applications will gain a competitive advantage in the AI landscape [4].