1月29日，科创芯片ETF国泰（589100）回调超1.1%，市场关注行业景气，把握回调布局机会。 科创芯片ETF国泰（589100）跟踪的是科创芯片指数（000685），单日涨跌幅限制达20%，该指数 从科创板市场中选取涉及半导体材料、设计、制造、封装测试等全产业链环节的上市公司证券作为指数 样本，以反映半导体产业相关上市公司证券的整体表现。该指数聚焦于高成长性与科技创新能力，体现 了中国在半导体领域的自主可控进程与技术突破趋势。 风险提示：提及个股仅用于行业事件分析，不构成任何个股推荐或投资建议。指数等短期涨跌仅供 参考，不代表其未来表现，亦不构成对基金业绩的承诺或保证。观点可能随市场环境变化而调整，不构 成投资建议或承诺。提及基金风险收益特征各不相同，敬请投资者仔细阅读基金法律文件，充分了解产 品要素、风险等级及收益分配原则，选择与自身风险承受能力匹配的产品，谨慎投资。 每日经济新闻 （责任编辑：刘畅 ） 【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： ...

东海证券指出，受益于AI浪潮，国内相关A股标的预估2025全年业绩实现大幅增长。2026年全球服务器 出货量年增长率有望达到12.8%，AI服务器出货量同比有望增长28%以上，拉动存储、CPU等相关芯片 涨价。三星电子于2026Q1将NAND闪存的供应价格上调100%以上，英特尔和AMD考虑将2026Q1服务器 CPU均价调涨10%~15%。当前电子行业需求持续复苏，供给有效出清，存储芯片价格上涨，我国国产 化力度超预期。 1月27日，科创芯片ETF国泰（589100）收涨超3%，行业景气获市场关注。 科创芯片ETF国泰（589100）跟踪的是科创芯片指数（000685），单日涨跌幅限制达20%，该指数覆盖 了芯片全产业链，包括材料、设计、制造及封装测试等环节，精选科创板上市的50家代表性企业作为成 分股，以反映中国半导体行业核心发展情况，展现较高的行业纯度和成长性。 （文章来源：每日经济新闻） ...

科创芯片ETF国泰（589100）跟踪的是科创芯片指数（000685），单日涨跌幅限制达20%，该指数从科 创板市场中选取涉及半导体材料、设备、设计、制造及封装测试等全产业链环节的上市公司证券作为指 数样本，以反映芯片产业相关上市公司证券的整体表现。该指数集中体现了中国芯片产业的技术创新与 发展活力，具有较高的行业纯度和成长性特征。 风险提示：提及个股仅用于行业事件分析，不构成任何个股推荐或投资建议。指数等短期涨跌仅供参 考，不代表其未来表现，亦不构成对基金业绩的承诺或保证。观点可能随市场环境变化而调整，不构成 投资建议或承诺。提及基金风险收益特征各不相同，敬请投资者仔细阅读基金法律文件，充分了解产品 要素、风险等级及收益分配原则，选择与自身风险承受能力匹配的产品，谨慎投资。 （文章来源：每日经济新闻） 1月23日，科创芯片ETF国泰（589100）小幅回调，行业需求与资本开支受关注。 东海证券指出，台积电2025年在AI与先进制程双引擎驱动下实现业绩创纪录增长，公司将2026年资本 支出大幅提升至520亿~560亿美元，远超市场预期，旨在加速先进制程产能建设，全力应对全球AI算力 芯片的持续紧缺需求。202 ...

科创芯片ETF国泰（589100）跟踪的是科创芯片指数（000685），单日涨跌幅限制达20%，该指数覆盖 了芯片全产业链，包括半导体材料、设备、设计、制造、封装测试等环节的科创板成分股。该指数聚焦 于芯片行业，具有高成长性和科技属性，是反映中国芯片产业发展的重要指标。 （文章来源：每日经济新闻） 1月21日，科创芯片ETF国泰（589100）盘中涨超4.5%，半导体产业龙头建厂扩产需求明确。 华泰证券指出，2026年1月15日台积电披露2026财年资本开支计划为520亿~560亿美元，同比增加 27%~37%。AI应用需求落地下，先进制程、存储芯片供不应求，跨国半导体产业龙头建厂扩产需求明 确。考虑到2026财年跨国半导体龙头资本开支维持乐观，全球洁净室建设需求旺盛，"建设力"扩张缓慢 下，洁净室订单有望量价齐升、利润率上修。洁净室作为场务基础设施环节，基本面有望率先出现积极 变化。 ...

Group 1 - The core viewpoint of the article highlights the strong demand for AI applications and the supply shortage of advanced process and memory chips, leading multinational semiconductor industry leaders to expand their production capacity [1] - The capital expenditure of multinational semiconductor leaders for the fiscal year 2026 is expected to remain optimistic, driven by robust global cleanroom construction demand [1] - Cleanroom orders are anticipated to see both volume and price increases, with profit margins likely to be revised upward due to the slow expansion of construction capabilities [1] Group 2 - Cleanrooms are identified as a fundamental infrastructure component, with the potential for positive changes in their fundamentals to occur first [1] - The capital expenditure in the semiconductor industry is primarily directed towards cleanroom construction and semiconductor equipment [1] - The Guotai Science and Technology Chip ETF (589100) tracks the Science and Technology Chip Index (000685), which has a daily price fluctuation limit of 20% and selects no more than 50 large-cap semiconductor-related securities from the STAR Market [1]

Group 1 - The core viewpoint is that the technology sector is entering a "super cycle" driven by AI data center construction, with strong demand for computing chips, storage, network equipment, and power [1] - The storage industry is experiencing a surge in demand for HBM4e, with increasing manufacturing difficulties, while new storage systems like Context Memory Storage System aim to address the massive data storage needs of large models [1] - Advanced processes and packaging in semiconductor equipment are in continuous demand, with relevant equipment manufacturers playing a crucial role [1] Group 2 - The ETF Guotai (589100) tracks the semiconductor index (000685), which has a daily price fluctuation limit of 20%, focusing on companies across the entire semiconductor industry chain, including materials, equipment, design, manufacturing, and packaging [2] - The index selects no more than 50 large-cap securities in the relevant fields to reflect the overall performance of the semiconductor industry chain and its high growth and technological innovation characteristics [2]

Group 1 - The core viewpoint is that semiconductor manufacturing is experiencing price increases and growth in various sectors, particularly due to demand for AI and advanced technologies [1] Group 2 - SMIC has raised prices for its 8-inch BCD process platform by 10%, driven by strong demand in AI server power chips and other applications [1] - The smartwatch market is projected to grow by 7% in shipment volume by 2025, supported by AI integration, 5G capabilities, and upgrades in health features [1] - The automotive electronics sector, particularly ADAS and autonomous driving sensors, is expected to reach a market size of $61 billion by 2035, with China leading in sensor application volume [1] Group 3 - The Guotai ETF (589100) tracks the semiconductor index (000685), which has a daily price fluctuation limit of 20%, focusing on companies involved in the entire semiconductor industry chain [1] - The index reflects the overall performance of listed companies in the semiconductor sector, including materials, equipment, and design technologies [1]

每日经济新闻 （责任编辑：张晓波 ） 风险提示：提及个股仅用于行业事件分析，不构成任何个股推荐或投资建议。指数等短期涨跌仅供 参考，不代表其未来表现，亦不构成对基金业绩的承诺或保证。观点可能随市场环境变化而调整，不构 成投资建议或承诺。提及基金风险收益特征各不相同，敬请投资者仔细阅 读基金法律文件，充分了解产品要素、风险等级及收益分配原则，选择与自身风险承受能力匹配的 产品，谨慎投资。 1月6日，科创芯片ETF国泰（589100）涨超1.7%，半导体自主可控与EDA国产化进程引关注。 申万宏源证券指出，半导体全产业链与生产制造工艺高度绑定，在设备限制等因素下，国产晶圆厂 开发出新技术路径，海外EDA工具无法为分化的国产工艺提供支撑，这为国产EDA厂商创造了独立市 场空间。近期EDA行业IPO和并购活跃，交易金额逐步放大，标的趋向数字IC设计的核心环节，行业进 入加速发展阶段。未来5年，国产EDA厂商将通过并购整合打通数字IC设计全流程，布局先进制程制造 类工具，与国产晶圆厂匹配。地方政府和国家大基金对EDA行业的支持将推动头部厂商并购整合，加 速行业集中。中长期看，EDA行业将形成2~3家头部厂商，国产替代逻 ...

Group 1 - The core viewpoint of the news highlights the significant growth in the semiconductor sector, driven by advancements in AI and domestic production capabilities, particularly in memory chips and 3D printing applications [1] - The semiconductor ETF, Guotai (589100), rose over 4.4%, reflecting investor interest in the semiconductor industry and its potential for high growth and market elasticity [1] - The price of DDR4 16Gb memory modules surged by 1800% over the past year, with expectations of a continued supply-demand imbalance in storage leading to a potential price increase of 30%-40% by 2026 [1] Group 2 - The silicon wafer market is recovering, with a projected 5% increase in shipment volume by 2025, driven by strong demand for 300mm wafers [1] - The domestic DRAM industry is entering a new phase, with Changxin Technology planning to raise 29.5 billion yuan through an IPO to advance technological upgrades [1] - The AI wave is significantly increasing demand for computing power, enhancing the value of servers, AI chips, and optical chips, while emphasizing the importance of advanced packaging [1]

Core Viewpoint - The semiconductor industry is experiencing high growth and structural opportunities, with a notable market performance expected in the coming years [1]. Industry Summary - By Q3 2025, the semiconductor market is projected to reach a record revenue of $216.3 billion, representing a quarter-on-quarter growth of 14.5%, marking the first time quarterly revenue surpasses $200 billion [1]. - The annual revenue for the semiconductor industry in 2025 is anticipated to exceed $800 billion based on the current growth rate [1]. - The growth momentum in the semiconductor sector is expanding beyond major players like Nvidia and the storage sector, with the top four companies (Nvidia, Samsung, SK Hynix, and Micron Technology) contributing over 40% of global semiconductor revenue [1]. - The dominance of AI accelerators and high-end storage products continues to be a significant driver in the industry [1]. Company Summary - The Guotai Semiconductor ETF (589100) tracks the Semiconductor Innovation Index (000685), which includes listed companies across the entire semiconductor supply chain, such as materials, equipment, design, manufacturing, and packaging/testing [1].