券商中国·2025-12-29 07:01Core Viewpoint - The semiconductor sector in A-shares is experiencing significant activity, driven by the launch of the National Venture Capital Guidance Fund, which is expected to mobilize trillions in funding for early-stage projects in integrated circuits and artificial intelligence [1][3]. Group 1: Market Activity - A-shares semiconductor stocks have shown notable movements, with companies like Maiwei Co., Ltd. hitting a 20% limit up [1][3]. - The semiconductor index rose over 1.5% on December 29, with individual stocks such as Maiwei Co., Ltd. and Dongwei Semiconductor seeing substantial gains [3]. - Korean chip giants SK Hynix and Samsung Electronics have also seen their stock prices rise, contributing to positive sentiment in the A-share semiconductor market [4]. Group 2: National Policy Impact - The National Venture Capital Guidance Fund was officially launched on December 26, aiming to attract a wide range of investments from local governments, central enterprises, financial institutions, and private capital, targeting a total fund size of one trillion yuan [3]. - The fund will focus on early-stage projects in strategic emerging industries, including integrated circuits and artificial intelligence, to enhance innovation and productivity [3]. Group 3: Industry Growth Projections - According to Statista Market Insights, the global semiconductor market is projected to reach $659.1 billion in 2024, representing a 20% year-on-year increase, with integrated circuits accounting for 73.9% of the market [6]. - The fastest growth is expected in AI chips, with a projected increase of 49.3% [6]. - Investment opportunities are anticipated in third-generation semiconductor materials, computing chips, and RF communication chips, driven by domestic policy and international dynamics [7].