资料显示，芯片ETF（159995）跟踪国证芯片指数，30只成分股集合A股芯片产业中材料、设备、 设计、制造、封装和测试等龙头企业，其中包括中芯国际、寒武纪、长电科技、北方华创等。其场外联 接基金为，A类：008887；C类：008888。 2月5日上午，A股三大指数集体下跌，上证指数盘中下跌0.79%，美容护理、食品饮料、社会服务 等板块涨幅靠前，有色金属、电力设备跌幅居前。芯片板块继续低迷，截至10:14，芯片ETF （159995.SZ）下跌2.69%，成分股晶盛机电下跌10.46%，拓荆科技下跌6.62%，芯原股份下跌5.89%。 1月半导体整体价格延续上涨，需求持续回暖。以存储价格为例，2026年1月存储模组价格整体涨跌 幅区间为13.51%~60.00%；存储芯片DRAM和NAND FLASH的价格涨跌幅区间为5.95%~63.43%，延续 去年12月涨势。 东海证券表示，行业需求在缓慢复苏，AI投资持续超预期，存储芯片涨价幅度超预期；海外压力 下自主可控力度依然在不断加大，目前市场资金热度相对较高，建议逢低布局。 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 ...

截至2026年2月5日 09:32，中证人工智能主题指数(930713)成分股方面涨跌互现，昆仑万维领涨2.24%， 中际旭创上涨1.42%，石头科技上涨0.92%；润泽科技领跌。AI人工智能ETF(512930)最新报价2.23元。 AI人工智能ETF(512930)，场外联接(平安中证人工智能主题ETF发起式联接A：023384；平安中证人工 智能主题ETF发起式联接C：023385；平安中证人工智能主题ETF发起式联接E：024610)。 受美股科技股下跌影响，近期人工智能板块整体回调，行业利好因素仍在，资金逢低布局，AI人工智 能ETF近3天获得连续资金净流入，最高单日获得1.28亿元净流入，合计"吸金"2.09亿元，日均净流入达 6976.52万元。（数据来源：Wind） 风险提示：基金有风险，投资需谨慎。基金管理人承诺以诚实信用、勤勉尽责的原则管理和运用基金资 产，但不保证本基金一定盈利，也不保证最低收益。基金管理人提醒投资人基金投资的"买者自负"原 则，在做出投资决策后，基金运营状况与基金净值变化引致的投资风险，由投资人自行负担。基金的过 往业绩及其净值高低并不预示其未来业绩表现，基金管理人管理 ...

AI图片 瑞银警告称，一场关于车企成本的"完美风暴"正在形成。 1月27日，据追风交易台消息，瑞银在最新研报中称，随着2026年初刺激政策的全面退潮和5%购置税的征收，需求端本就疲软。然而， 供给端却迎来了大宗 商品（铜、铝、锂）和关键零部件（存储芯片DRAM）价格的剧烈反弹。 据该行测算，一辆典型的中型智能电动车的成本通胀高达人民币4000至7000元。瑞银称，在当前竞争激烈、利润微薄的市场环境下，由于车企很难将这部分 成本转嫁给消费者，这波成本上涨足以将车企的利润完全吞噬（fully erode carmakers' margin）。 瑞银表示，综合计算，仅金属原材料一项，纯电动车（BEV）的单车成本通胀就高达 人民币5600元（其中锂贡献了大部分涨幅，高达109%的价格反弹）。 被忽视的通胀源：DRAM价格飙升180% 具体测算如下： | 铝（Aluminum）： | 单车用量约200公斤。过去三个月铝价上涨导致单车成本增加约人民币600元。 | | --- | --- | | 铜（Copper）： | 单车用量约80公斤。铜价上涨导致单车成本增加约人民币1200元。 | | 锂（Lithium）： | ...

Core Viewpoint - The semiconductor industry showed signs of recovery in September, with significant price increases and a focus on structural opportunities in AI computing power, AIOT, semiconductor equipment, key components, and storage price hikes [2][4]. Group 1: Market Performance - In September, the electronic sector's fluctuation was 10.96%, while the semiconductor sector's fluctuation was 14.07% [3]. - By the end of September, the semiconductor valuation was at a historical 5-year percentile with a PE of 99.17% and a PB of 75.83% [3][4]. - The semiconductor PE for the last 5 and 10 years stands at 99.17% and 91.65%, respectively, while the PB is 75.83% and 86.40% [3]. Group 2: Demand and Supply Dynamics - Global semiconductor demand continued to improve in September, with growth in PC and tablet sales, and rapid growth in TWS headphones, wearable devices, and smart home products [2][5]. - The demand for storage chips is driven by AI applications and the growing needs of data centers and mobile sectors, leading to price increases announced by major manufacturers like Micron and SanDisk [2][6]. - Despite high inventory levels, overall prices in the semiconductor sector are rising, indicating a positive supply-demand balance [2][4]. Group 3: Product Launches and Innovations - The consumer electronics market saw a surge in new product launches, with Apple, Huawei, and Xiaomi releasing significant upgrades to their devices [6]. - Apple's iPhone 17 series features a 3nm processor, while Huawei's MateXTs showcases a significant performance upgrade [6]. - The storage market is experiencing widespread price increases, with major companies like SanDisk and Samsung announcing price hikes for NAND and DRAM products [6]. Group 4: Investment Recommendations - The industry is slowly recovering, with a focus on storage chip price recovery and the increasing push for domestic alternatives amid external pressures [7]. - Recommended stocks include those benefiting from strong domestic and international demand in the AIOT sector, as well as companies involved in AI innovation and upstream supply chain replacements [7].

Core Viewpoint - Beijing Junzheng achieved a net profit attributable to shareholders of 203 million yuan in H1 2025, representing a year-on-year increase of 2.85% [1] - The company is advancing its AI technology layout, with new products in computing chips and storage chips expected to drive future growth [1] Financial Performance - In Q2, the net profit attributable to shareholders was 129 million yuan, showing a year-on-year increase of 17.22% and a quarter-on-quarter increase of 74.83% [1] - The revenue growth indicates market resilience [1] Product Development - The new computing chip T33 has been launched, targeting the H.265 security market, with T42 expected to be launched in 2026 to support edge AI demand [1] - In the storage chip sector, DRAM products based on 20nm/18nm/16nm processes are being sampled, with improved cost-performance expected to drive a new growth cycle [1] - The introduction of automotive-grade LED drivers and interconnect chips enhances competitiveness in the automotive electronics market [1] Strategic Focus - The gradual application of RISC-V architecture CPU cores is part of the company's strategy [1] - The "computing + storage + analog" strategy aims to deepen the company's presence in the automotive, industrial, and consumer electronics sectors, with promising future performance elasticity [1]