每日经济新闻 广发证券指出，近年来在AI等新技术的带领下，半导体行业呈现以下趋势：（1）汽车电子、新能 源、物联网、大数据和人工智能等领域新技术、新产品的渗透率提升和需求增长，成为半导体板块成长 的重要动力。（2）国产化持续推进，中美贸易摩擦凸显出半导体供应链安全和自主可控的重要性和紧 迫性，政府在产业政策、税收、人才培养等方面加大了对本土半导体制造的支持，国内晶圆制造及其配 套产业环节加速发展势在必行。此外，随着下游供给的缓解，国产芯片的供应将极大改善，国产算力有 望迎来突破。近期DeepSeek-V3.1发布，适配即将发布的下一代国产芯片，进一步推动产业链发展。 半导体设备ETF（159516）跟踪的是半导体材料设备指数（931743），该指数聚焦于半导体产业链 上游领域，从市场中选取涉及半导体晶圆制造、封装测试所需关键材料与核心设备研发生产的上市公司 证券作为指数样本，以反映半导体材料与设备相关企业的整体表现。指数成分股主要涵盖技术密集型和 资本密集型企业，整体风格偏向成长与创新。 没有股票账户的投资者可关注国泰中证半导体材料设备主题ETF发起联接A（019632），国泰中证 半导体材料设备主题ETF发 ...

根据wind数据，半导体设备ETF（159516）实时盘中净流入900万份，资金抢筹半导体设备资产。 长江证券表示，半导体设备与材料的国产化率仍然处于较低水平，2024年半导体设备上市公司营收 占半导体设备销售额（不含进口光刻机）的比重为22.4%，材料则为30.7%，后续随着研发的大力投 入，国产替代仍将稳步推进。 每日经济新闻 （责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 半导体设备ETF（159516）跟踪的是半导体材料设备指数（931743），该指数由中证指数有限公司 编制，从A股市场中选取涉及半导体材料与设备制造的上市公司证券作为指数样本。指数成分涵盖半导 体产业链上游关键环节，包括硅片、光刻胶、刻蚀机等核心材料和设备供应领域，集中反映国内半导体 产业在基础材料与核心装备方面的自主化发展水平。 没有股票账户的投资者可关注国泰中证半导体材料设备主题ETF发起联接C（019 ...

广发证券指出，电子和半导体行业在AI等新技术的推动下呈现积极趋势。汽车电子、新能源、物 联网、大数据和人工智能等领域的技术渗透率提升和需求增长，成为半导体板块成长的重要动力。中美 贸易摩擦凸显半导体供应链安全和自主可控的紧迫性，国内政府在产业政策、税收、人才培养等方面加 大了对本土半导体制造的支持，国内晶圆制造及其配套产业环节加速发展势在必行。此外，根据Wind 数据，2025年6月全球半导体销售额同比上升19.60%，环比略有上升；台积电25年7月营业收入同比 +25.77%，显示行业需求持续强劲。半导体设备领域，国产化持续推进，国内企业在技术、成本、供应 链方面的优势逐步显现。 每日经济新闻 （责任编辑：张晓波 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 半导体设备ETF（159516）跟踪的是半导体材料设备指数（931743），该指数聚焦于半导体产业链 上游的材料与设备领域，从市场中选取从事 ...

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]

Group 1 - The semiconductor equipment ETF (159516) has seen a net inflow of 22 million units, surpassing 3 billion yuan in scale, with over 140 million yuan net inflow in the past five days, indicating strong demand for semiconductor equipment assets [1] - The World Artificial Intelligence Conference held in Shanghai from July 26 to 28 showcased over 3,000 cutting-edge exhibits, including more than 100 global debuts and Chinese premieres, highlighting the innovation and development trends in the AI industry [1] - Xiangcai Securities noted that the demand for edge AI computing power is increasing due to the rise of AI large models and the market share growth of AI smart glasses and smartphones, driving steady growth in the market demand for various semiconductor hardware [1] Group 2 - The semiconductor equipment ETF (159516) tracks the semiconductor materials and equipment index (931743), which is compiled by China Securities Index Co., Ltd., selecting listed companies involved in semiconductor materials and equipment manufacturing from the A-share market [2] - The index components cover key upstream areas of the semiconductor industry, including core materials and equipment supply fields such as silicon wafers, photoresists, and etching machines, reflecting the level of domestic semiconductor industry's self-sufficiency in basic materials and core equipment [2]

Group 1 - The core viewpoint of the news highlights a significant inflow of capital into the semiconductor equipment sector, with the semiconductor equipment ETF (159516) experiencing a net inflow of 25 million units and over 220 million yuan in the past two days, indicating strong market interest in semiconductor assets [1] - Despite tightening export controls on advanced semiconductor processes and computing chips from overseas, domestic production capacity and yield for advanced processes are continuously improving, as emphasized in the prospectuses of domestic companies like Muxi and Moore Threads [1] - The semiconductor industry is witnessing a recovery in various segments, including storage, analog, and MCU, with strong downstream demand indicated by some SoC manufacturers, suggesting a positive outlook for domestic semiconductor foundry, equipment, materials, and computing chip sectors [1] Group 2 - The semiconductor equipment ETF (159516) tracks the semiconductor materials and equipment index (931743), which is compiled by China Securities Index Co., Ltd., reflecting the overall performance of upstream companies in the semiconductor industry [1] - The index components focus on technology-intensive areas, highlighting growth attributes and showcasing the characteristics of technological innovation driving the semiconductor materials and equipment manufacturing sectors [1]

Core Viewpoint - The semiconductor equipment and components sector is expected to exhibit both resilience and growth due to the acceleration of domestic equipment adoption and replacement in China [1] Group 1: Domestic Equipment Expansion - Downstream industries are actively expanding production, with the domestic semiconductor equipment localization rate projected to be only 21% in 2024. However, based on guidance from AMAT, TEL, and KLA, the revenue share is expected to return to normal levels by 2025, indicating a rapid increase in market share for local equipment manufacturers [1] Group 2: Component Replacement Acceleration - Domestic equipment manufacturers have been collectively placed on the entity list, making it difficult for American components to be obtained (presumed denial). This reshapes the market landscape, benefiting local component manufacturers as they accelerate the replacement of foreign parts [1] Group 3: Strengthened Demand for Self-Sufficiency - There is a reinforced demand for self-sufficiency, with investment in the sector showing both resilience and growth potential. Key areas of focus include gas/liquid paths, RF power supplies, and optical components, which are predominantly led by American companies but have significant room for growth. Relevant manufacturers are expected to benefit from performance elasticity due to sanctions [1] - In addition to American companies, Japanese and Korean manufacturers also hold substantial market shares in components. Domestic equipment leaders are accelerating the complete localization of their supply chains, with expectations for rapid market share growth in specific leading players within the sector [1] Group 4: Investment Opportunities - The semiconductor equipment ETF (code: 159516) tracks the semiconductor materials and equipment index (code: 931743), which includes publicly listed companies in the semiconductor materials and equipment manufacturing sector. This index reflects the overall performance of securities in the industry, characterized by high growth potential and significant technical barriers, with a focus on upstream segments of the semiconductor supply chain, including wafer manufacturing equipment, testing equipment, and photolithography materials [1]