Core Viewpoint - The Tianhong Sci-Tech Chip Design ETF (589070) has shown significant trading activity and growth, indicating strong investor interest in the semiconductor sector, particularly in the context of the ongoing technological advancements and market dynamics in the industry [1][2][3]. Trading Performance - As of March 11, 2026, the Tianhong Sci-Tech Chip Design ETF (589070) had a turnover rate of 8.99% with a transaction volume of 53.45 million yuan, while the tracked Shanghai Sci-Tech Board Chip Design Theme Index (950162) decreased by 2.33% [1]. - In the two weeks leading up to March 12, 2026, the Tianhong Sci-Tech Chip Design ETF (589070) experienced a scale increase of 20.56 million yuan, reflecting a notable growth trend [2]. Product Highlights - The Tianhong Sci-Tech Chip Design ETF (589070) features a 20% fluctuation range and tracks an index comprising 50 leading companies in the Sci-Tech Board chip sector, with a high industry representation of 96.1%, indicating a strong focus on the semiconductor industry's growth potential [3]. Key Events - NVIDIA has entered a strategic partnership with Nebius, investing 2 billion USD to develop next-generation AI cloud services, which underscores NVIDIA's expansion in the AI sector and highlights Nebius's significant role in the AI cloud service market [4]. Institutional Insights - According to a report from CITIC Securities, the upcoming NVIDIA GTC conference may showcase LPU as a highlight, suggesting investors pay attention to core enterprises within NVIDIA's supply chain and leading domestic computing power companies [5].