【科创芯片ETF汇添富（588750）标的指数前十大成分股】 2月26日，A股市场午后拉升，AI产业链崛起！截至13:26，"20cm"涨跌幅的科创芯片ETF汇添富（588750）放量涨超2%，科创人工智能ETF汇添富 （589560）同样午后飙升，涨1.86%! 科创芯片ETF汇添富（588750）标的指数成分股多数走强，寒武纪暴涨超8%，芯原股份、拓荆科技涨超4%，海光信息、源杰科技涨超3%，中芯国际、中微 公司等微涨，澜起科技、佰维存储等回调。 | 序号 | 代码 | 名称 | 申万―级行业 | 涨跌幅 | 估算权重 ▼ | | --- | --- | --- | --- | --- | --- | | 1 | 688041 | 海光信息 | 曲子 | 3.67% | 9.60% | | 2 | 688008 | 淘起科技 | 电子 | -0.44% | 9.58% | | 3 | 688981 | 中芯国际 | 电子 | 0.75% | 8.52% | | ব | 688012 | 中微公司 | 电子 | 0.78% | 8.06% | | ਦ | 688256 | 寒武纪-U | 电子 | 8.07 ...

Core Viewpoint - The article discusses the performance of the Sci-Tech Chip ETF managed by Huatai-PineBridge, highlighting its recent gains and the performance of its major holdings [1] Group 1: ETF Performance - The Sci-Tech Chip ETF Huatai (588750) opened with a gain of 0.95%, priced at 1.800 yuan [1] - Since its establishment on December 18, 2024, the fund has achieved a return of 78.38%, with a monthly return of 5.60% [1] Group 2: Major Holdings Performance - Key stocks in the ETF include: - SMIC (中芯国际) up by 0.94% - Haiguang Information (海光信息) up by 3.00% - Cambricon (寒武纪) up by 1.39% - Lattice Technology (澜起科技) up by 3.27% - Zhongwei Company (中微公司) up by 1.26% - Tuojing Technology (拓荆科技) up by 0.92% - Chipone (芯原股份) up by 3.45% - Hua Hong Semiconductor (华虹公司) up by 0.16% - Shanghai Silicon Industry (沪硅产业) up by 1.12% - Dongxin Technology (东芯股份) up by 0.91% [1]

Group 1 - The core viewpoint of the article highlights the performance of the Sci-Tech Chip ETF managed by Huatai-PineBridge, which opened at a decline of 0.95% on February 13, 2024, priced at 1.771 yuan [1] - The major holdings of the ETF include companies such as SMIC, Haiguang Information, and Cambrian, all of which experienced declines in their stock prices, with the largest drop being 2.78% for Chipone [1] - The ETF's performance benchmark is the Shanghai Stock Exchange Sci-Tech Board Chip Index, with a return of 78.76% since its inception on December 18, 2024, and a monthly return of 1.72% [1]

Core Viewpoint - The semiconductor sector, particularly the Sci-Tech Innovation Board chip index, is experiencing significant growth, driven by strong demand for AI infrastructure and a shift in contract frameworks among major memory chip manufacturers [4][5]. Group 1: Market Performance - As of February 9, 2026, the Sci-Tech Innovation Board chip index (000685) rose by 2.19%, with notable gains from component stocks such as Xinyuan Co. (up 9.11%) and Zhongchuan Special Gas (up 6.19%) [1]. - The Huatai-PineBridge Sci-Tech Chip ETF (588750) increased by 2.25%, reaching a latest price of 1.73 yuan, and has seen a cumulative rise of 6.42% over the past three months [1]. - The ETF's trading volume showed a turnover rate of 0.76%, with a total transaction value of 39.74 million yuan [1]. Group 2: Fund Size and Flow - The latest size of the Huatai-PineBridge Sci-Tech Chip ETF reached 5.155 billion yuan, ranking 2nd among comparable funds [3]. - Over the past six months, the ETF's shares increased by 1.422 billion shares, marking significant growth and ranking 2nd among comparable funds [3]. - The ETF experienced a net outflow of 15.2731 million yuan recently, but in the last 10 trading days, there were net inflows on 6 days, totaling 151 million yuan [3]. Group 3: Industry Trends - Major memory chip manufacturers like Samsung, SK Hynix, and Micron are transitioning to short-term contracts with a price adjustment mechanism, reflecting a shift in market power towards suppliers [4]. - The Semiconductor Industry Association (SIA) projects total industry sales to reach $791.7 billion in 2025, with a 26% growth expected in 2026, indicating a rapid approach to the $1 trillion milestone [4]. - Tech giants such as Google and Amazon are significantly increasing their capital expenditures for AI infrastructure, with projections of $175-185 billion and $200 billion respectively for 2026, nearly doubling year-on-year [4]. Group 4: Investment Opportunities - The Sci-Tech Chip sector is positioned to benefit from both AI demand and domestic substitution trends, suggesting a favorable environment for index-based investments [5]. - The Sci-Tech Chip ETF focuses on the core segments of the semiconductor industry, with a high concentration in advanced upstream and midstream sectors, achieving a 96% representation [6]. - The index has shown a net profit growth rate of 94% for the first three quarters of 2025, significantly outperforming peers, with an expected annual growth rate of 97% [8].

Core Viewpoint - The A-share market is experiencing a steady upward trend in 2026, shifting from a liquidity-driven market in 2025 to a focus on high-performing companies, with improved corporate earnings expected to be the core support for the market [1] Group 1: Market Trends - The current preference for the AI chip and memory chip sectors, exemplified by the ETF Huatai (588750), is driven by the anticipated improvement in corporate earnings [1] - Historical data suggests that industries with sustained recovery during earnings forecast periods typically yield excess returns, with the current recovery signals concentrated in price increase chains, high-end manufacturing, and AI chains [1] Group 2: Chip Sector Dynamics - The AI wave is creating significant opportunities in the industry chain, leading to a structural reconfiguration in the storage chip market, characterized by a super cycle of price increases driven by AI demand [3] - The storage chip market is expected to remain in a state of supply-demand imbalance, with global storage chip prices projected to rise by 30% to 40% in Q1 2026 [3][5] Group 3: Supply and Demand Forecast - For 2026, the supply growth for DRAM is estimated at 15% to 20%, while demand growth is projected at 20% to 25%. For NAND, supply growth is expected to be 13% to 18%, with demand growth at 18% to 23% [5] - Specific price increase predictions for storage products include over 40% for DDR5 RDIMM memory and 20% to 30% for enterprise-grade SSDs [5] Group 4: AI and Computing Power Demand - The demand for computing power is expected to grow exponentially as AI transitions from training to large-scale inference, leading to a supply shortage in CPU/GPU/DCU chips [6] - Major chip manufacturers are planning to raise prices by 10% to 15% due to the extreme supply-demand imbalance caused by surging AI demand [6] Group 5: Domestic Innovation and Policy Support - The push for domestic innovation and replacement in the chip sector is gaining momentum due to escalating external restrictions and surging internal demand, supported by top-level design and policy funding [7] - The new five-year plan emphasizes the need for self-reliance in technology, with a focus on chip autonomy as a critical infrastructure for AI development [7]