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 ...

Group 1 - The semiconductor sector is experiencing a rebound, with the semiconductor equipment ETF (159516) rising over 2% and a net inflow of more than 76 million yuan yesterday [1] - Tianfeng Securities indicates an improving supply-demand balance in the electronics and semiconductor industries, with notable weekly gains in modified plastics and fluorochemicals at 11.44% and 6.04% respectively, reflecting a recovery in upstream material demand [1] - Key recommended areas include OLED materials (e.g., Lite-On Optoelectronics, Aolide) and electronic gases (e.g., Huate Gas, Jinhong Gas), highlighting the acceleration of domestic substitution in display panels and semiconductor manufacturing [1] Group 2 - The semiconductor equipment ETF (159516) tracks the semiconductor materials and equipment index (931743), focusing on the upstream materials and equipment sectors of the semiconductor industry [1] - The index includes listed companies engaged in semiconductor material research, production, and equipment manufacturing, reflecting the overall performance of key upstream companies in the semiconductor industry [1] - The index is characterized by high technical barriers and growth potential, effectively representing the development status of the semiconductor industry's upstream [1]

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]

Market Overview - The A-share market experienced overall fluctuations today, with the Shanghai Composite Index down 0.12% at 3635.13 points, and the Shenzhen Component Index down 0.26% [1] - The total trading volume in the Shanghai and Shenzhen markets was 17102.27 billion yuan, a decrease of 1162 billion yuan compared to the previous day [1] - The market sentiment is currently neutral to weak, with over 2800 stocks declining [1] Sector Performance - The "anti-involution" and "Yajiang" themes showed strong performance today, with sectors such as non-ferrous metals, building materials, infrastructure, steel, and photovoltaics leading the gains [1] - Conversely, the technology sector faced collective weakness, with software, computing, and chip industries leading the declines [1][6] Steel Industry Insights - Steel companies have shown a continuous recovery in profitability in the first half of the year, despite weak downstream demand leading to a decline in major steel prices [4] - The profitability rate of steel mills has stabilized around 60% since bottoming out in September last year [4] - The demand for steel is expected to be supported by a recovery in the real estate sector, with new construction and completion areas showing signs of improvement [7] Policy and Future Outlook - The "14th Five-Year Plan" is nearing its conclusion, while the "15th Five-Year Plan" is set to begin, with a focus on innovation-driven development and the cultivation of globally competitive emerging industries [8] - The artificial intelligence sector is expected to see significant growth, particularly in hardware and software applications, with a recommendation to focus on chip-related ETFs [8][9] Investment Opportunities - The steel ETF (515210) has shown a 1.14% increase today and a 2.74% increase over the past five days, indicating strong market interest [2] - The semiconductor sector remains in a high prosperity phase, with significant growth in sales and revenue for related companies, suggesting continued investment opportunities in chip ETFs (512760) and semiconductor equipment ETFs (159516) [8][9]

（文章来源：每日经济新闻） 根据wind数据，半导体设备ETF（159516）实时盘中净流入2600万份，规模突破30亿元，连续4日净流 入超2.4亿元，资金抢筹半导体设备资产。 华福证券表示，近期，特朗普政府发布了《美国AI行动计划》，旨在通过放宽监管和扩大数据中心能 源供应，来加速美国人工智能的发展。这一计划主要目的之一是让美国硬件和软件成为全球AI创新 的"标准"平台。由此可以看出美国未来会进行更加严格的半导体设备和零部件出口管制，这将进一步推 进国产设备和零部件自主可控的紧迫性，利好相关产业链。 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。 ...

Group 1 - The electronic and semiconductor industry is experiencing high prosperity across multiple sectors, with strong demand in the AI-PCB supply chain leading to full orders and production capacity among several companies [1] - The adoption of M8 materials in AI servers and switches is accelerating, with expectations for upgrades to M9 materials, benefiting leading manufacturers of copper-clad laminates due to slow overseas expansion [1] - The semiconductor sector is seeing a push for domestic control, with accelerated localization of equipment and materials, and a projected 10%-20% quarterly increase in DRAM prices by Q3 2025 due to a shift towards high-end products [1] Group 2 - The semiconductor equipment ETF (159516) tracks the semiconductor materials and equipment index (931743), which includes companies involved in the R&D, manufacturing, and sales of semiconductor materials and equipment, reflecting the overall performance of the semiconductor materials and equipment industry [1] - Investors without stock accounts can consider the Guotai CSI Semiconductor Materials and Equipment Theme ETF Initiated Link A (019632) and Link C (019633) for exposure to this sector [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 semiconductor sector experienced a positive trend on July 24, with various ETFs showing gains: Semiconductor Equipment ETF (1.39%), Integrated Circuit ETF (1.37%), Chip ETF (1.30%), and Sci-Tech Chip ETF (0.90%) [1][2] - The U.S. government announced an AI action plan that may lead to deregulation in the AI sector, which is expected to boost demand for semiconductors, particularly in AI applications [2][6] - TSMC anticipates a strong demand for AI semiconductors, projecting a revenue growth rate of nearly 30% by 2025, driven by N3N5 and HPC platforms [2][6] Group 2 - The semiconductor materials and equipment index has a P/E ratio of 67.17x, indicating that while valuations are not at a low point, the narrative around AI has strengthened the growth potential of the semiconductor industry [6][7] - The GPU market in China has surpassed 100 billion yuan, with domestic manufacturers still relatively small, suggesting significant long-term growth potential [7] - The global AI upgrade has elevated the necessity for AI development in China, creating new opportunities for the semiconductor industry [7]

Group 1 - The core viewpoint of the article highlights a significant inflow of capital into the semiconductor equipment sector, with the semiconductor equipment ETF (159516) seeing a net inflow of 21 million units and over 120 million yuan in the past five days, indicating strong investor interest in semiconductor assets [1] - From a macro perspective, the domestic production and self-sufficiency of chips remain the main development line, despite temporary easing in US-China relations and Nvidia's H20 supply recovery, the potential risks of being constrained by key technologies should not be overlooked [1] - The semiconductor equipment ETF tracks the semiconductor materials and equipment index (931743), which includes listed companies involved in semiconductor materials and equipment manufacturing, reflecting the level of domestic semiconductor industry's self-sufficiency in core materials and equipment [1] Group 2 - The index components cover critical upstream areas of the semiconductor industry chain, including silicon wafers, photoresists, and etching machines, indicating a focus on enhancing the domestic production rate of computing chips [1] - Investors without stock accounts can consider the Guotai Zhongzheng Semiconductor Materials and Equipment Theme ETF Initiated Link C (019633) and A (019632) for exposure to this sector [1]