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 截至2025年8月26日 11点16，上证科创板半导体材料设备主题指数强势上涨1.73%，成分股盛美上 海上涨8.49%，拓荆科技上涨7.57%，安集科技上涨6.04%，华海清科，中微公司等个股跟涨。科创半导 体ETF（588170）上涨0.99%。拉长时间看，截至2025年8月25日，科创半导体ETF近1周累计上涨 7.80%。 根据CINNO Research最新统计数据，2025年上半年，中国半导体产业总投资额为4550亿元，同比 下滑9.8%，这一变化反映了全球半导体行业正处于周期性调整阶段。且相比去年同比下降41.6%，已有 明显收敛向好之势。值得注意的是，半导体设备投资逆势增长53.4%，成为唯一实现正增长的领域，凸 显了中国在供应链自主可控方面的战略决心。 公开信息显示，科创半导体ETF（588170）及其 ...

半导体材料ETF（562590）及其联接基金（A类：020356、C类：020357），指数中半导体设备 （59%）、半导体材料（24%）占比靠前，充分聚焦半导体上游。 （文章来源：每日经济新闻） 浙商证券认为，半导体设备是半导体产业链的基石，在AI浪潮引领下，芯片库存周期、国内晶圆厂扩 产周期、海外管制趋严背景下的设备国产化诉求有望实现三重共振，推动半导体设备板块业绩超预期。 半导体设备行业马太效应极强，建议一方面把握住龙头企业的成长确定性，一方面可以关注国产化率较 低，成长空间较大的细分领域龙头企业。核心受益环节包括半导体前后道设备、设备零部件企业。 相关ETF：公开信息显示，科创半导体ETF（588170）及其联接基金（A类：024417；C类：024418）跟 踪上证科创板半导体材料设备主题指数，囊括科创板中半导体设备（59%）和半导体材料（25%）细分 领域的硬科技公司。半导体设备和材料行业是重要的国产替代领域，具备国产化率较低、国产替代天花 板较高属性，受益于人工智能革命下的半导体需求扩张、科技重组并购浪潮、光刻机技术进展。 截至2025年8月26日 14点32，上证科创板半导体材料设备主题指数强 ...

截至2025年8月25日 10点48，上证科创板半导体材料设备主题指数上涨0.93%，成分股盛美上海上涨 11.81%，中船特气上涨4.66%，龙图光罩上涨3.86%，拓荆科技上涨3.28%，华峰测控上涨2.96%。科创 半导体ETF（588170）上涨0.82%，最新价报1.23元。拉长时间看，截至2025年8月22日，科创半导体 ETF（588170）近1周累计上涨11.21%.流动性方面，科创半导体ETF（588170）盘中换手20.41%，成交 8434.04万元，市场交投活跃。拉长时间看，截至8月22日，科创半导体ETF（588170）近1周日均成交 1.16亿元。份额方面，科创半导体ETF（588170）近3月份额增长6600.00万份，实现显著增长. 相关ETF：公开信息显示，科创半导体ETF（588170）及其联接基金（A类：024417；C类：024418）跟 踪上证科创板半导体材料设备主题指数，囊括科创板中半导体设备（59%）和半导体材料（25%）细分 领域的硬科技公司。半导体设备和材料行业是重要的国产替代领域，具备国产化率较低、国产替代天花 板较高属性，受益于人工智能革命下的半导体需求扩 ...

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme Index surged by 4.22% as of August 22, 2025, with key stocks like Shengmei Shanghai hitting the daily limit, SMIC rising by 8.51%, and Huafeng Measurement Control increasing by 8.25% [1] - The Sci-Tech Semiconductor ETF (588170) rose by 3.95%, with the latest price reported at 1.19 yuan [1] - The semiconductor industry chain experienced a significant rally due to the release of DeepSeek v3.1, driving up sectors such as artificial intelligence, communications, cloud computing, and data [1] Group 2 - Main capital has purchased 15.8 billion yuan worth of semiconductor stocks, ranking first in the Shenwan secondary industry [1] - The Sci-Tech Semiconductor ETF (588170) and its linked funds track the Shanghai Stock Exchange Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme Index, which includes 59% semiconductor equipment and 25% semiconductor materials companies [1] - The semiconductor equipment and materials industry is a crucial area for domestic substitution, characterized by low domestic substitution rates and high ceilings for domestic replacement, benefiting from the expansion of semiconductor demand driven by the AI revolution, technology restructuring, and mergers and acquisitions, as well as advancements in lithography technology [1]

Group 1: Market Performance - The Shanghai Stock Exchange's Sci-Tech Innovation Board semiconductor materials and equipment index decreased by 0.39% as of August 21, 2025 [1] - Among constituent stocks, Jingyi Equipment led with a 7.00% increase, while Shanghai Hejing fell by 4.87% [1] - The Sci-Tech Semiconductor ETF (588170) dropped by 0.52%, with a latest price of 1.14 yuan [1] Group 2: Trading Activity - The Sci-Tech Semiconductor ETF (588170) had a turnover rate of 16.49%, with a trading volume of 68.0184 million yuan, indicating active market participation [1] - Over the past week, the ETF accumulated a 5.51% increase [1] - The ETF's average daily trading volume over the past week was 104 million yuan [1] Group 3: Fund Flows and Growth - The Sci-Tech Semiconductor ETF saw a significant growth of 1.51 billion yuan in size over the past month [1] - The ETF's shares increased by 10.4 million over the past month, indicating substantial growth [1] - Recent net outflow from the ETF was 64.4746 million yuan, but there were 17 days of net inflow totaling 113 million yuan over the last 23 trading days [1] Group 4: Industry Insights - OpenAI's CFO reported a milestone of $1 billion in monthly revenue in July, highlighting the ongoing demand for AI despite challenges in computing power [2] - CITIC Securities noted that tariff policies have provided a temporary boost to sentiment in the semiconductor industry, coinciding with a busy earnings release period in August [2] - The semiconductor equipment and materials sector is crucial for domestic substitution, benefiting from low domestic replacement rates and high potential ceilings under the AI demand expansion [2]

Group 1 - The core viewpoint of the articles highlights the ongoing fluctuations in the semiconductor materials and equipment sector, with specific attention to the performance of the STAR Market Semiconductor Materials and Equipment Index and related ETFs [1][2]. - As of August 20, the STAR Market Semiconductor Materials and Equipment Index decreased by 0.18%, with mixed performance among constituent stocks, including Shanghai Hejing rising by 6.35% and Jing Sheng Co. falling by 3.83% [1]. - The STAR Market Semiconductor ETF (588170) saw a slight decline of 0.36%, with a recent price of 1.1 yuan, but has shown a cumulative increase of 3.18% over the past week [1]. Group 2 - The global semiconductor materials market is projected to reach approximately $70 billion by 2025, with a year-on-year growth of about 6%, driven by AI-related demand [2]. - The silicon wafer market is expected to reach around $14 billion by 2025, with a year-on-year growth of 3.8% and a projected increase in shipment area of 5.4% [2]. - The domestic semiconductor materials market is anticipated to benefit from a rising domestic production rate, presenting a favorable investment window [2]. Group 3 - The semiconductor materials ETF (562590) and its associated funds focus heavily on the upstream semiconductor sector, with 59% of the index comprising semiconductor equipment and 24% comprising semiconductor materials [3].

Core Viewpoint - The semiconductor materials and equipment sector on the STAR Market has shown strong performance, with significant increases in key stocks and ETFs, indicating positive market sentiment and potential investment opportunities in this area [1]. Group 1: Market Performance - As of August 20, the STAR Market semiconductor materials and equipment thematic index rose by 3.89% [1]. - Key component stocks such as Shanghai Hejing increased by 12.42%, Xinyi Chang by 9.32%, and Zhongke Feicai by 7.78% [1]. - The STAR semiconductor ETF (588170) also saw a rise of 3.99% [1]. Group 2: Market Sentiment - The daily K-line of the STAR semiconductor ETF (588170) displayed a bullish engulfing pattern, suggesting a positive market outlook [1]. - There was continuous premium trading at the end of the session, indicating that capital may continue to favor this sector [1]. Group 3: Capital Inflow - As of the market close, the main capital inflow into the semiconductor sector (Shenwan secondary) reached 9.5 billion yuan, making it the top sector in terms of capital accumulation [1]. Group 4: Sector Composition - The STAR semiconductor ETF (588170) and its linked funds track the STAR Market semiconductor materials and equipment thematic index, which includes 59% semiconductor equipment and 25% semiconductor materials companies [1]. - The semiconductor equipment and materials industry is a crucial area for domestic substitution, characterized by low domestic replacement rates and high ceilings for domestic substitution [1]. - This sector is expected to benefit from the expansion of semiconductor demand driven by the artificial intelligence revolution, waves of technological restructuring and mergers, and advancements in lithography technology [1].

Core Insights - The Shanghai Stock Exchange's Sci-Tech Innovation Board semiconductor materials and equipment index has risen by 2.76% as of August 18, with notable increases in constituent stocks such as Huahai Chengke (up 8.03%), Tianyue Advanced (up 7.10%), and Aisen Co. (up 5.98%) [1] - The Sci-Tech Semiconductor ETF (588170) has also seen a rise of 2.64%, indicating active market trading with a turnover of 75.84 million yuan and a turnover rate of 18.06% [1] - According to China International Capital Corporation (CICC), the demand for AI hardware is expected to grow significantly due to the increasing capabilities of large models and the expansion of AI inference computing power [1] Industry Trends - There is a confirmed increase in domestic and international demand for computing power, which is expected to drive growth in AI hardware [1] - The importance of networks in AI Data Center (AIDC) applications is anticipated to rise [1] - The acceleration of AI applications such as Agents is expected to contribute to market growth [1] Investment Opportunities - The Sci-Tech Semiconductor ETF (588170) tracks the semiconductor materials and equipment index, focusing on companies in semiconductor equipment (59%) and materials (25%) sectors [1] - The semiconductor equipment and materials industry is identified as a key area for domestic substitution, benefiting from low domestic replacement rates and high potential for domestic alternatives [1] - The sector is poised to gain from the expansion of semiconductor demand driven by the AI revolution, technology restructuring, and advancements in lithography technology [1]

Core Viewpoint - The semiconductor materials and equipment sector in China's Sci-Tech Innovation Board is experiencing significant growth, driven by increasing demand for computing power and advancements in artificial intelligence [1][2]. Group 1: Market Performance - As of August 18, 2025, the Sci-Tech Innovation Board semiconductor materials and equipment theme index rose by 2.55%, with notable increases in constituent stocks such as Huahai Chengke (+8.49%), Tianyue Advanced (+5.11%), and Hushi Silicon Industry (+5.00%) [1]. - The Sci-Tech Semiconductor ETF (588170) also increased by 2.55%, reaching a new high for the year at 1.13 yuan [1]. Group 2: Computing Power Growth - According to the Ministry of Industry and Information Technology, China's computing power reached 180 EFLOPS by the end of 2022, ranking second globally, and is projected to grow to 300 EFLOPS by 2025 [1]. - The proportion of intelligent computing power within the total computing power has increased from 3% in 2016 to 25.4% by June 2023, with expectations to reach 35% by 2025 [1]. Group 3: Investment in Intelligent Computing Centers - Tianfeng Securities reports that the domestic intelligent computing center market is experiencing rapid growth, with a market size of 87.9 billion yuan in 2023, reflecting over 90% year-on-year growth [1]. - The demand for computing power is shifting towards inference as AI large models are increasingly implemented in commercial scenarios [1]. Group 4: Semiconductor Sector Characteristics - The Sci-Tech Semiconductor ETF (588170) tracks the semiconductor materials and equipment theme index, comprising 59% semiconductor equipment and 25% semiconductor materials, highlighting the importance of domestic substitution in these sectors [2]. - The semiconductor equipment and materials industry is characterized by low domestic substitution rates and high potential for domestic replacement, benefiting from the expansion of semiconductor demand driven by the AI revolution and technological advancements [2].

Core Viewpoint - The semiconductor materials and equipment sector is experiencing significant growth, driven by strategic acquisitions and increasing demand for domestic alternatives in the semiconductor industry [1][2]. Group 1: Company Developments - Huahai Chengke's stock rose by 6.31% following the announcement of a plan to acquire 70% of Hengsuo Huawai Electronics for a transaction price of 1.12 billion yuan [1]. - Upon completion of the acquisition, Huahai Chengke will hold 100% of Hengsuo Huawai, which is expected to increase its annual production capacity of semiconductor epoxy molding compounds to over 25,000 tons, positioning it as the second-largest globally in terms of shipment volume [2]. Group 2: Industry Insights - The semiconductor equipment and materials sector is identified as a crucial area for domestic substitution, characterized by low domestic production rates and high potential for domestic replacement [2]. - The demand for semiconductors is expanding due to the AI revolution, technological restructuring, and advancements in lithography technology, which are expected to benefit the semiconductor materials and equipment industry [2].