近日，SEMI在SEMICON West上发布最新《300mm晶圆厂展望报告》（300mm Fab Outlook），预计从 2026年到2028年，全球300mm晶圆厂设备支出将达到3740亿美元。 这一强劲投资反映了晶圆厂区域化趋势以及对数据中心和边缘设备中AI芯片需求的激增，同时也凸显 了全球主要地区通过本地化产业生态系统和供应链重构，推动半导体自主化的持续承诺。 该报告预计，2025年全球300mm晶圆厂设备支出将首次超过1000亿美元，增长7%，达到1070亿美元。 报告预测，2026年投资将增长9%，达到1160亿美元；2027年增长4%，达到1200亿美元；2028年将增长 15%，达到1380亿美元。 SEMI总裁兼首席执行官Ajit Manocha表示："半导体行业正进入一个前所未有的变革时代，这一变革由 AI技术带来的巨大需求以及对区域自主化的重新聚焦所驱动。全球战略性投资与合作正在推动先进供 应链的建设，加快下一代半导体制造技术的部署。300mm晶圆厂的全球扩张将推动数据中心、边缘设 备以及数字经济的进步。" 分区域来看，SEMI认为，中国大陆预计将继续领先全球300mm设备支出，202 ...

Group 1 - The semiconductor equipment ETF (159516) has seen a real-time net inflow of 10 million units, indicating strong demand for semiconductor equipment assets [1] - Longzhong Securities states that the growth momentum of semiconductor equipment and materials is significantly influenced by the demand in the semiconductor industry, with both showing synchronized growth [1] - Global semiconductor sales are expected to grow by 11.2% year-on-year in 2025, while the sales growth rates for semiconductor equipment and materials are projected to be 7.7% and 8% respectively [1] Group 2 - ASML forecasts stable expansion demand for various products, with average monthly increases of 340,000 wafers for mature processes, 240,000 wafers for advanced processes, 160,000 wafers for DRAM, and 40,000 wafers for NAND [1] - Chinese wafer foundries have growth opportunities not only from local design companies returning from overseas but also from some foreign companies willing to collaborate in the mature process sector [1] - The semiconductor equipment ETF (159516) tracks the semiconductor materials and equipment index (931743), which includes listed companies involved in semiconductor materials and equipment manufacturing [1]

Market Overview - The Hang Seng Index closed at 25,081.63, down 0.69% for the day but up 25.15% year-to-date[3] - The Hang Seng Technology Index rose to 5,546.73, increasing by 0.26% daily and 23.24% year-to-date[3] - The S&P 500 index closed at 6,340.00, down 0.08% for the day and up 7.33% year-to-date[3] Stock Performance Highlights - Xiaomi's stock fell nearly 4% ahead of its Q2 2025 earnings announcement, with expected revenue of 112.6 billion RMB, slightly below market expectations[7] - Sands China Ltd. shares rose over 5% due to a strong recovery in Macau's gaming industry, driven by increased outbound tourism and higher gaming budgets[7] - Apple Inc. shares surged 5% after announcing a $100 billion investment in the U.S., boosting related stocks like AAC Technologies, which rose over 9%[7] Sector Movements - Semiconductor stocks were active, with the Philadelphia Semiconductor Index rising 1.5%[9] - Gold stocks saw widespread gains, with China Gold International up over 7% as Citigroup adjusted its bearish outlook on gold prices, predicting a rise due to economic conditions[7] - The healthcare sector faced challenges, with Eli Lilly's stock dropping 14.14% after disappointing clinical trial results for its weight-loss drug[9] Economic Indicators - U.S. job market data showed a decline in confidence, contributing to mixed performance in U.S. markets[7] - The Atlanta Fed President indicated a potential interest rate cut later this year, reflecting ongoing concerns about inflation and economic growth[13] - Japan's government revised its GDP growth forecast down to 0.7% for the fiscal year, impacted by U.S. tariffs and inflationary pressures[13]

| 代码 | 名称 | 最新价 | 涨跌幅 へ | | --- | --- | --- | --- | | 02166 | 芯智控股 | 1.820 | -3.19% | | 01347 | 华虹半导体 | 43.040 | -1.47% | | 02149 | 贝克微 | 56.850 | -1.30% | | 00085 | 中电华大科技 | 1.600 | -1.23% | | 00981 | 中芯国际 | 52.000 | -1.14% | 港股半导体多数走低，其中，芯智控股跌超3%，中芯国际、华虹半导体、贝克微、中电华大科技均跌 超1%。 消息上，特朗普周三表示，美国将对那些未在美国境内生产芯片、或未计划在美设厂的国家所生产的半 导体征收约100%的关税。特朗普还表示，最早下周就可能对所有含有半导体芯片的产品征收独立的关 税。 有分析指出，特朗普的关税政策若实施，将短期内加剧中国半导体行业的出口压力，但中长期可能进一 步强化中国自主化决心。然而，技术封锁与市场分割的风险将导致全球半导体效率下降、成本上升。 (格隆汇) ...

Core Insights - SemiDrive, a Chinese automotive chip company, will begin supplying its smart cockpit system-on-chip (SoC) to an undisclosed European automaker by the end of next year, marking its first collaboration in Europe [1][3] - The chips will be used in several models produced and sold in Europe, the Middle East, and Africa, including sedans and SUVs, utilizing the X9 series smart cockpit processors [1][3] - SemiDrive aims to expand from the Chinese market to become a global top chip supplier, with this partnership being a significant milestone in its global expansion strategy [1][3] Company Overview - Founded in 2018 and headquartered in Nanjing, China, SemiDrive focuses on developing high-performance automotive-grade chips for smart cockpits and microcontroller units (MCUs) [3] - The company has launched four major series of chip products: X9 for smart cockpits, V9 for autonomous driving, G9 for central gateways, and E3 for high-performance MCUs [3] - Since 2021, SemiDrive has shipped over 8 million chips, used in over 100 models from various automakers, with less than 10% of these chips being for export markets [3][4] Market Position - According to the European Automobile Manufacturers Association, global automakers sold 74.6 million vehicles last year, with China accounting for over 30% of the market share [3] - Qualcomm leads the smart cockpit SoC market with a 32% share, followed by NXP and Renesas with 19% and 13% respectively, while SemiDrive holds a 3.5% market share among domestic suppliers in China [4] - The push for semiconductor self-sufficiency in China has led to domestic automotive chips meeting 10% of local demand last year, doubling from 5% since the implementation of localization plans in 2021 [4] Strategic Goals - SemiDrive aims to price its chips 10% to 20% lower than foreign competitors, enhancing its competitive edge [4] - Following the establishment of an office in Japan last year, the company plans to set up an office in Germany this year to strengthen local business development and technical support [4] - Market analysts highlight that cost-effectiveness and a robust local supply chain position Chinese smart cockpit SoC suppliers favorably for collaboration with international automakers, particularly in emerging markets [4]