The Sci-Tech Innovation Chip ETF Penghua (588920) surged over 3.5%, with storage chip concept stocks leading the gains.

In the news, 1) Storage chip concept stocks such as Shangluo Electronics and Baiwei Storage surged over 10%. Wedbush reports that DRAM and NAND prices could increase by triple digits by 2026; 2) Arm announced its first mass-produced chip, the AGI CPU, which integrates 136 Neoverse V3 cores, targeting AI infrastructure computing needs.

In brokerage research, Changjiang Securities pointed out that the core competitiveness of the optical chip industry lies in R&D iteration, process yield, and production capacity. The high barriers of the IDM model give leading manufacturers an advantage in the supply chain, which aligns with the business models of some optical chip companies in the Sci-Tech Innovation Chip Index. Northeast Securities emphasized the revaluation of advanced packaging technology in high-performance chips, noting that the cost share of packaging solutions like CoWoS has approached that of advanced processes. This trend may provide fundamental support for stocks involved in advanced packaging within the Sci-Tech Innovation Chip Index. Both institutions offer research frameworks based on technological barriers and industry upgrades in specific segments to understand industry chain fluctuations.

As of 10:17 on March 25, the Sci-Tech Innovation Chip Index (000685.SH) rose 3.47%. Major components mostly gained, with Baiwei Storage up 11.58%, Lankei Technology up 4.03%, Advanced Micro-Fabrication Equipment up 3.87%, Haiguang Information up 2.78%, and Cambrian up 1.92%. The Sci-Tech Innovation Chip ETF by Penghua (588920.SH) increased by 3.51%.

Data shows that the top ten weights in Sci-Tech Innovation Chip (000685.SH) are SMIC, Cambrian, Haiguang Information, Lankei Technology, Advanced Micro-Fabrication Equipment, Xinyuan Co., Baiwei Storage, Yuanjie Technology, Tuojing Technology, and Huahong Company, accounting for a total of 61.82% of the weight.

The Penghua Sci-Tech Innovation Chip ETF closely tracks the Sci-Tech Innovation Chip Index. The Shanghai STAR Market Chip Index selects securities involved in semiconductor materials and equipment, chip design, manufacturing, packaging, and testing from STAR Market listed companies to reflect the overall performance of representative chip industry listed companies on the STAR Market.