半导体国产替代

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半导体板块再次爆发,科创半导体ETF、半导体材料ETF飙涨5%,规模最大的芯片ETF单日“吸金”3.65亿
Ge Long Hui A P P· 2025-09-24 02:56
格隆汇9月24日|A股三大指数全线翻红,半导体芯片继续领涨,科创半导体ETF、半导体材料ETF分别 涨5.26%、5.23%,规模最大的芯片ETF上涨2.46%,继昨日单日"吸金"3.65亿后,盘中再获资金净申购1 亿元。 值得关注的产品,及截至发稿涨跌幅: 全市场规模最大的芯片行业ETF:芯片ETF(159995),+2.43%,昨日净流入3.65亿元,覆盖芯片设计、 制造、封测、设备全产业链,如中芯国际、寒武纪、海光信息、北方华创、圣邦股份等行业龙头股。 聚焦半导体国产替代设备+材料:科创半导体ETF(588170),+5.26%,成份股涵盖中微公司(刻蚀设 备)、拓荆科技(薄膜沉积设备)、华海清科(CMP设备)、沪硅产业(300mm硅片)、天岳先进 (碳化硅衬底)。 半导体产业链上游生产设备代表:半导体材料ETF(562590),+5.23%,包含北方华创(半导体设备)、 中微公司(刻蚀设备)、沪硅产业(硅片)、南大光电(ArF光刻胶)。 行情方面 ,昨日午后,半导体设备、光刻机概念尾盘飙升,波长光电、张江高科双双涨停创历史新 高,今日继续强势上涨。 消息面上:1、业界传出,台积电末代3纳米制程CPU价 ...
第三季度净利润增超180%,长川科技斩获“20cm”涨停
Huan Qiu Lao Hu Cai Jing· 2025-09-23 09:12
9月22日,长川科技发布业绩预告,公司预计2025年前三季度实现归母净利润8.27亿元-8.77亿元,同比 增长131.39%至145.38%;其中,第三季度实现归母净利润4亿元-4.5亿元,同比增长180.67%至 215.75%。 对于业绩暴涨的原因,长川科技表示:本报告期内,半导体行业市场需求持续增长,公司客户需求旺 盛,产品订单充裕,销售收入同比大幅增长,使得利润同比大幅上升。 受此影响,9月23日,长川科技股价强势涨停,报收80.27元/股,创造历史新高,市值成功突破500亿元 大关。 长川科技主要为集成电路封装测试企业、晶圆制造企业、芯片设计企业等提供测试设备,目前长川科技 生产的集成电路测试机和分选机等产品已获得长电科技、华天科技、通富微电、士兰微、华润微电子、 日月光等多个一流集成电路厂商的使用和认可。 从去年财务数据来看,长川科技的业绩增长并非偶然,在2024年,长川科技实现营业收入36.42亿元, 同比大幅增长105.15%;取得归母净利润4.58亿元,同比暴涨915.14%。 分产品来看,测试机成为长川科技的核心增长引擎,在2024年,长川科技的测试机收入为20.63亿元, 同比大幅增长 ...
中芯国际股价再创历史新高,半导体板块年内涨幅超40%
Feng Huang Wang· 2025-09-22 06:12
Group 1: Semiconductor Market Performance - Semiconductor leader SMIC's A-shares hit a new high of 129.83 yuan per share, marking a significant increase [1] - The semiconductor sector remains strong, with multiple stocks like Zhongke Lanyun and Junchen shares rising over 10%, and the Shenwan Semiconductor Index increasing nearly 4% in a single day, with a year-to-date gain of 45% [1] - The semiconductor industry reported a revenue of 353.03 billion yuan in the first half of the year, a year-on-year increase of 13.34%, and a net profit of 24.72 billion yuan, up 27.16% [8] Group 2: Upcoming IPOs and Innovations - Moore Threads is set to hold its IPO meeting on September 26, focusing on providing AI computing support through its full-featured GPU [3] - Huawei's rotating chairman revealed plans for the Ascend chip series, with new models expected to launch from Q1 2026 to Q4 2028 [4] Group 3: Domestic Semiconductor Development - The Ministry of Commerce has initiated anti-dumping investigations against U.S. imported analog chips, highlighting the protectionist measures that hinder China's semiconductor and AI industry development [5] - A report indicates that China's semiconductor equipment domesticization rate has reached 35% and is expected to rise to 50% by 2025, reducing reliance on U.S., Japanese, and Dutch equipment [6] Group 4: Global Semiconductor Sales and Pricing Trends - Global semiconductor sales are projected to reach approximately $620.7 billion by July 2025, reflecting a year-on-year growth of 20.6% [7] - The DRAM market has seen a price index increase of about 72% over the past six months, with expectations of further price hikes due to supply constraints [7] Group 5: Future Outlook and Investment Focus - Analysts suggest focusing on four key areas: wafer foundry, computing chip design, domestic equipment and components, and advanced packaging, as U.S. restrictions on China’s semiconductor industry begin to weaken [10] - The demand for domestic computing chips is expected to grow, driven by increased capital expenditure from cloud service providers like Alibaba [11]
港股午评:恒指跌0.99%,科技股、金融股弱势,半导体股继续活跃
Ge Long Hui A P P· 2025-09-22 04:09
Market Overview - The Hong Kong stock market experienced a collective decline in the morning session, with all three major indices dropping over 1.1% [1] - As of the midday break, the Hang Seng Index fell by 0.99%, the Hang Seng China Enterprises Index decreased by 1.3%, and the Hang Seng Tech Index dropped by 1.18% [1] Sector Performance - Major technology stocks, which serve as market indicators, collectively declined, with Meituan, Kuaishou, and JD.com each falling nearly 3%, and NetEase down by 2% [1] - Other significant players like Xiaomi, Tencent, and Alibaba also reported losses, while Baidu saw a contrary increase of over 2% [1] - The financial sector, including banks, insurance, and brokerage firms, showed weak performance overall [1] Shipping and Logistics - The impending implementation of high port fees led to a broad decline in shipping and port-related stocks, with China Merchants Energy and Seaspan International among the hardest hit [1] Other Sector Movements - Stocks related to Tesla, sports goods, automotive, home appliances, coal, catering, and military industries all experienced declines [1] - Conversely, strong pre-order demand for new iPhone models in China, coupled with anticipated AI features, boosted Apple-related stocks, with Hong Teng Precision surging over 17% [1] - Semiconductor stocks, particularly those involved in domestic replacements, saw a general increase, with leading firm SMIC rising over 3% [1] - Additionally, paper, biopharmaceutical, and gold stocks mostly experienced upward movements [1]
半导体股逆势上涨 中芯国际涨超3% 半导体国产替代加速
Ge Long Hui· 2025-09-22 03:36
港股半导体股逆势上涨,其中,中芯国际涨3.3%,宏光半导体涨近2%,华虹半导体涨1.5%,贝克微、 先思行涨1.3%。 方正证券最新分析指出,在摩尔定律放缓和我国先进制程技术受限的现状下,先进封装成为国产算力芯 片突破性能瓶颈的重要方向。华为、寒武纪、海光信息等公司的算力芯片正加速迭代,国产供应链积极 配套以实现算力芯片自主可控。 | 代码 | 名称 | 最新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 00981 | 中芯国际 | 72.050 | 3.30% | | 01304 | FORTIOR | 192.400 | 1.80% | | 06908 | 宏光半导体 | 0.580 | 1.75% | | 01347 | 华虹半导体 | 61.200 | 1.49% | | 02149 | 贝克微 | 55.850 | 1.27% | | 00595 | 先思行 | 0.400 | 1.27% | | 02203 | 脑洞科技 | 0.208 | 0.97% | | 01385 | 上海复旦 | 40.300 | 0.85% | 责任编辑:栎树 消息上,从近期产业消息面 ...
牛市多急跌
Ge Lin Qi Huo· 2025-09-19 08:46
Report Industry Investment Rating No information provided. Core Views of the Report - The narrowing Sino-US interest rate spread will attract more global funds to focus on RMB assets. The current rise of the Chinese stock market is mainly driven by liquidity, with "reflation" expectations and AI autonomy as key catalysts. If the institutional shareholding ratio increases to the average level of emerging or developed markets, it may bring RMB 14 trillion to 30 trillion in potential capital inflows to the A-share market. The market is in a shock period with a phased style shift from growth to defense [23]. - In the context of downward export expectations and investment slowdown, consumption will become the main driving force for economic growth in the fourth quarter [46]. Summary by Relevant Catalogs Stock Market and Index - On Thursday, the Shanghai Composite Index attempted to break through 3900 points but faced large-scale selling pressure. In a bull market, there are often sharp drops [4]. - Foreign investors are buying Chinese concept stocks, driving up the Nasdaq Golden Dragon China Index, and pouring into the Hong Kong stock market, pushing up the Hang Seng Tech Index [18][20]. - As of September 17, the margin trading balance exceeded RMB 2.4 trillion. In August, there were 2.65 million new A-share accounts opened, indicating continuous capital inflow. In August, non-bank financial institutions had new RMB deposits of RMB 1.18 trillion, showing accelerated capital transfer to the stock market. The year-on-year growth rate of M1 in August reached 6.0%, indicating faster currency activation, which is beneficial for the stock market to rise [25][28][31]. Macroeconomic Data - The Fed cut interest rates by 25 basis points preventively, and its monetary policy focus is shifting towards employment. The Fed believes that the impact of tariffs on inflation may be short-term [7][8]. - In August, the year-on-year growth rate of core CPI was 0.9%, and the month-on-month growth rate of CPI for consumer goods was 0.1%, showing that anti-involution is helping to emerge from deflation [34]. - In August, the monthly value of fixed asset investment in the manufacturing industry was RMB 2.62 trillion, with a year-on-year growth rate of -0.3%, indicating a stall in investment. The monthly value of infrastructure investment was RMB 1.90 trillion, with a year-on-year growth rate of -6.4%, showing a stall in infrastructure investment and reflecting the financial difficulties of local governments. The year-on-year growth rate of the monthly value of real estate development investment completion in August was -19.9%, continuing to decline [37][40][43]. - In August, the monthly value of total retail sales of consumer goods was RMB 3.96 trillion, with a year-on-year growth rate of 3.4%. In the context of downward export expectations and investment slowdown, consumption will be the main driving force for economic growth in the fourth quarter [46]. Policy and Consumption - On September 16, nine departments including the Ministry of Commerce jointly issued policies and measures to expand service consumption, proposing 19 specific tasks in five aspects to stimulate the market vitality of service consumption [49]. US Economic Data - In August, the total retail and food sales in the US increased by 0.6% month-on-month, exceeding expectations, indicating strong US consumption [51]. - In July, the US capital goods import amount reached a record high of $96.1 billion, with a year-on-year growth rate of 15.1%, showing an acceleration of the US manufacturing industry's return and the "re-industrialization" process. In July, the US intermediate goods import amount was $60.8 billion, a month-on-month increase of 25%, indicating a recovery in the US manufacturing industry's prosperity [54][57]. Huawei's Technological Breakthroughs - At the Huawei Connect 2025 Conference, Huawei announced significant progress in AI chips. The Matrix 386 AI server cluster based on Ascend 910C in 2025 outperformed NVIDIA's mainstream products, and the planned Atlas 950 SuperCluster and Atlas 950 SuperPoD in 2026 will far exceed NVIDIA's products in terms of computing power. The computing power of Huawei's Ascend chips will double annually, and Huawei is also developing self - developed HBM, achieving full - process autonomy and controllability in semiconductor technology. The conference also released high - performance server processors such as Kunpeng 950 and Kunpeng 960, which may surpass Intel [9][10][12]. Trading Strategies - For stock index futures directional trading, during the shock period, the market has a phased style shift from growth to defense. For stock index option trading, during the shock period, with the style shift from growth to defense, it is advisable to wait and see. The portfolio should mainly consist of CSI 300 stock index futures [23][24][60].
ETF热点追踪 | A股本周冲击3900点未果,机器人ETF、恒生互联网ETF“越涨越吸金”
Ge Long Hui A P P· 2025-09-19 07:09
港股方面,在AI叙事回归+美联储降息下,港股本周继续强势上攻,恒生科技指数一举突破箱体震荡, BAT领涨大市,阿里市值重回3万亿,百度股价创近两年新高,互联网龙头股权重超80%的恒生互联网 ETF(513330)本周涨4.56%,本周涌入超3亿元抢筹。 格隆汇9月19日|本周沪指再次迎来冲击3900点折戟而返的情形,本周下跌1.31%,在AI算力、新能源 等成长板块助力下,深证成指、创业板指本周分别涨1.14%、2.34%。 具体来看A股本周板块轮动: 周一,游戏、猪肉股、电池板块板块领涨; 周二,在特斯拉刺激下,机器人板块延续火热,银行、保险股飘绿; 周三,机器人、半导体、电池板块带动深成指、创业板指创阶段新高,但多只券商股尾盘出现大额压 单; 后续或值得关注的标的: "唯一双百"机器人主题ETF:机器人ETF(562500),最新规模突破200亿元,年内净流入116.76亿元,权 重股包含汇川技术(工业机器人龙头)、绿的谐波(全球谐波减速器龙头)和石头科技(服务机器人龙 头)等。 聚焦半导体国产替代设备+材料:科创半导体ETF(588170),成份股涵盖中微公司(刻蚀设备)、拓荆 科技(薄膜沉积设备)、华 ...
半导体设备ETF(159156)微跌,资金逢低抢筹,盘中流入超2亿份
Mei Ri Jing Ji Xin Wen· 2025-09-19 06:40
昇腾系列路径清晰,明年开始陆续推出多款芯片。从全新的昇腾芯片、超节点、鲲鹏CPU,到全新互联 总线架构灵衢,华为全面对标英伟达。昇腾芯片规划已经到2028年,未来三年,昇腾将有三个系列陆续 推出,更多的芯片还在规划中。 超节点能力强悍,集群规模全球领先。华为同时发布了全球最强超节点集群,分别是Atlas 950 SuperCluster和 Atlas 960 SuperCluster,算力规模分别超过50万卡和达到百万卡。目前CloudMatrix 384超 节点累计部署300多套,服务20多家客户。其中,Atlas 950 SuperPoD,算力规模8192卡,预计于今年四 季度上市。新一代产品Atlas 960 SuperPoD ,算力规模15488卡,预计2027年四季度上市。 近期,相关消息持续催化国产半导体的发展。 国产替代中,上游半导体设备是核心,当前半导体设备ETF(159516)盘中由涨转跌,回调或为布局机 会。资金逢低抢筹,盘中实时流入超2亿份,当前规模超36亿元,位居细分品类首位,流动性占优。 华为昇腾大超预期,国产算力再树里程碑 9月18日,华为全连接大会2025召开,华为发布多颗昇腾系 ...
DeepSeek登上国际权威期刊Nature封面;华为预测2035年AI存储容量需求将比2025年增长500倍
Mei Ri Jing Ji Xin Wen· 2025-09-18 03:02
Market Performance - As of September 17, the Shanghai Composite Index rose by 0.37% to close at 3876.34 points, the Shenzhen Component Index increased by 1.16% to 13215.46 points, and the ChiNext Index gained 1.95% to 3147.35 points [1] - The Kweichow Moutai Semiconductor ETF (588170) increased by 3.64%, while the Semiconductor Materials ETF (562590) rose by 3.32% [1] - In the overnight U.S. market, the Dow Jones Industrial Average increased by 0.57%, while the Nasdaq Composite Index fell by 0.33% and the S&P 500 Index decreased by 0.10% [1] Industry Insights - The DeepSeek-R1 inference model research paper, led by Liang Wenfeng, was published in the prestigious journal Nature, marking it as the first mainstream large language model to undergo peer review [2] - Huawei released the "Smart World 2035" series of reports, predicting a significant increase in total computing power by 2035, with a 500-fold increase in AI storage capacity demand compared to 2025 [2] - The Zhangjiang Artificial Intelligence Innovation Town in Shanghai aims to gather over 500 AI companies by 2027 and achieve a scale of 100 billion yuan by 2030, supported by a 2 billion yuan fund initiated by Hillhouse Capital and local state-owned enterprises [3] - Tianfeng Securities anticipates a structural prosperity in the global semiconductor industry driven by rapid growth in AI computing demand, accelerated terminal intelligence, and the recovery of automotive electronics [3] Related ETFs - The Kweichow Moutai Semiconductor ETF (588170) tracks the Shanghai Stock Exchange's semiconductor materials and equipment index, focusing on semiconductor equipment (59%) and materials (25%) [4] - The Semiconductor Materials ETF (562590) also emphasizes semiconductor equipment (59%) and materials (24%), benefiting from the expansion of semiconductor demand driven by the AI revolution [4]
【收藏】中国半导体产业全景图谱
材料汇· 2025-09-17 15:01
Core Viewpoint - The article discusses the current state and future prospects of the semiconductor materials industry, highlighting the importance of domestic substitution and the potential investment opportunities within this sector [5][38]. Group 1: Semiconductor Materials - The article emphasizes the critical role of semiconductor materials in the industry, particularly focusing on CMP polishing liquids and advanced packaging materials, which are seen as key areas for investment [5][7]. - It mentions the ongoing "invisible war" for 7N purity in semiconductor sputtering targets, indicating a significant market shift and potential for domestic players to capture market share [5]. - The article outlines the challenges and opportunities in the semiconductor materials market, particularly in the context of technological barriers and market rewards [5][38]. Group 2: Domestic Substitution - The article highlights the rapid growth of domestic substitution in semiconductor materials, with 14 advanced packaging materials identified as critical areas for investment [7][38]. - It discusses the progress made in domestic production capabilities, which is expected to reduce reliance on foreign suppliers and enhance the competitiveness of local companies [5][7]. - The potential for a billion-dollar market in domestic semiconductor materials is underscored, with specific companies positioned to benefit from this trend [5][38]. Group 3: Investment Logic - The article provides insights into the investment logic surrounding semiconductor materials, suggesting that the market is ripe for investment due to the increasing demand for advanced technologies [5][38]. - It mentions various reports and analyses available for investors looking to understand the semiconductor materials landscape better, indicating a wealth of information for informed decision-making [5][38]. - The article encourages investors to consider the long-term growth potential of the semiconductor materials sector, particularly in light of ongoing technological advancements and market shifts [5][38].