Group 1 - The electronic and semiconductor industry is showing multiple positive signals, driven by the iteration of GPU servers and the increased penetration of ASICs, leading to a rise in both volume and price of PCBs [1] - TSMC's Q2 net profit increased by 60.7% year-on-year, with AI chip foundry demand driving nearly 30% growth in annual sales [1] - The domestic model Kimi K2 has completed a cross-generation iteration with 1 trillion parameters, aligning with international leading models in programming, tool invocation, and mathematical reasoning [1] Group 2 - The Sci-Tech Chip ETF (589100) tracks the Sci-Tech Chip Index (000685), which is composed of listed companies in the semiconductor materials, equipment, design, and manufacturing sectors from the Sci-Tech Innovation Board [1] - The index reflects the overall performance of listed companies related to chips in the Sci-Tech Innovation Board, focusing on enterprises with technological innovation capabilities and high growth potential [1]

华泰证券指出，电子纱市场价格稳定运行，高端电子纱及电子布供需仍然紧张，部分高端产品如Low- Dk和Low-CTE等需求缺口明显，价格涨后暂稳运行，后期仍有望提价。玻纤行业方面，海外产能关停 导致部分高端电子纱及电子布供需紧张，国内无碱粗纱市场价格平稳运行，但风电及汽车客户抢出货驱 动下，风电纱及热塑纱延续结构性高景气。电子材料领域，低空无人机和出口需求大增推动碳纤维中高 端品类供需延续紧平衡，人形机器人和低空飞行器制造等板块有望提振碳纤维材料需求。 今日，科创芯片ETF（589100）涨超1.9%，半导体设备国产化与电子行业需求增长获关注。 （文章来源：每日经济新闻） 注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不预示 未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参考，不 构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险等级相 匹配的产品。基金有风险，投资需谨慎。 科创芯片ETF国泰跟踪的是科创芯片指数，该指数由中证指数有限公司编制，从科创板市场中选取业务 涉及半导体材料、设备、设计、制造、封装 ...

Group 1 - The Asian semiconductor market is projected to grow at a CAGR of 7.8% from 2025 to 2030, with AI computing chips (CAGR 37%), automotive semiconductors (expected to reach $120 billion by 2030), and advanced packaging (CAGR 32%) identified as core growth areas [1] - The Guotai ETF (589100) tracks the semiconductor index (code: 000685), selecting listed companies involved in semiconductor materials, equipment, design, manufacturing, packaging, and testing from the Sci-Tech Innovation Board, focusing on technological innovation and high-end manufacturing [1] Group 2 - Global semiconductor sales are expected to reach $617.3 billion in 2024, a year-on-year increase of 19.1%, primarily driven by logic circuits ($212.6 billion) and memory chips ($165.1 billion, up 78.9%) [2] - Domestic wafer foundries are continuously expanding capacity, maintaining high utilization rates. The impact of U.S. tariff policies has led to exemptions for logic and memory chips, while tariffs on supporting materials (such as substrates and packaging adhesives) have increased semiconductor manufacturing costs, accelerating the "blockchain" of the global supply chain [2] - Major overseas manufacturers may adopt more "localized production" strategies, with limited impact from tariffs on the Chinese semiconductor industry. Companies reliant on the U.S. market may face short-term pressure, while long-term domestic substitution and self-controlled enterprises are expected to benefit [2] - AI is driving the replacement of consumer electronics and the development of terminal hardware, but caution is advised regarding the potential for semiconductor recovery to fall short of expectations, as well as risks from international trade friction and technological iteration [2]