On October 16, semiconductor ETFs closed down 2.02%, with a turnover of 1,883 billion yuan. Component stocks had mixed ups and downs. On the upward side, Ziguang Guowei led the rise; on the downside, Lanqi Technology led the decline. According to the news, among the top 10 companies that are expected to increase net profit in the first three quarters, there are 5 companies in the semiconductor and semiconductor production equipment industry, accounting for “half of the country.” According to CITIC Securities research, based on current semiconductor industry sales, the forecasts of consulting agencies, and the performance and prospects of domestic and foreign semiconductor manufacturers, the semiconductor cycle has recovered significantly, driven by factors such as cloud computing power and storage price increases in the early stages, and is currently in a state of moderate recovery. It is expected that the main driving forces for future growth will continue to be the boom in cloud computing power and the explosion of end-side AI. Looking forward to the future, the localization of core equipment and components will accelerate, and the A-share semiconductor sector may be booming. The semiconductor industry is expected to continue to maintain a good growth momentum, and we can continue to pay attention to semiconductor ETF layout opportunities.

On October 16, semiconductor ETFs closed down 2.02%, with a turnover of 1,883 billion yuan. Component stocks had mixed ups and downs. On the upward side, Ziguang Guowei led the rise; on the downside, Lanqi Technology led the decline. According to the news, among the top 10 companies that are expected to increase net profit in the first three quarters, there are 5 companies in the semiconductor and semiconductor production equipment industry, accounting for “half of the country.” According to CITIC Securities research, based on current semiconductor industry sales, the forecasts of consulting agencies, and the performance and prospects of domestic and foreign semiconductor manufacturers, the semiconductor cycle has recovered significantly, driven by factors such as cloud computing power and storage price increases in the early stages, and is currently in a state of moderate recovery. It is expected that the main driving forces for future growth will continue to be the boom in cloud computing power and the explosion of end-side AI. Looking forward to the future, the localization of core equipment and components will accelerate, and the A-share semiconductor sector may be booming. The semiconductor industry is expected to continue to maintain a good growth momentum, and we can continue to pay attention to semiconductor ETF layout opportunities.