Last week, the electronics field can be said to be a bit hurtful, ASML's financial report new orders fell short of expectations, causing a sharp fall, TSMC lowered the annual growth forecast of the global wafer foundry industry, the growth prospects of the automotive industry turned from positive to negative, and multiple factors superimposed triggered the adjustment of the semiconductor sector. Behind these news, everyone began to speculate: Are semiconductors other than AI recovering?
AI chips are at the top?
It is true that AI has shown a certain amount of congestion at present, and there is also a certain amount of adjustment pressure, but the continuous gushing of AI downstream applications seems to be saying "can keep up!", and the news summarized yesterday alone can be said to be dazzling, so the road of AI chips will continue!
Source: Wind
In addition to AI chips, there are also memory chips!
Affected by the sluggish demand for consumer electronics, the storage industry was in mourning last year, but since Q3 last year, it is no secret that the original storage factories have collectively raised prices through production control. This year, the storage industry is still picking up strongly, Q2 memory chips are still in price increases, and the original DRAM it plans to purchase has risen by 10%-20% in a single quarter in Q2, and has increased by about 50% since July last year. Similar to the logic of last year, this round of price increases is still driven by the upstream production control and the downstream recovery, and the price increase is mainly driven by the original factory's production reduction, and the follow-up AI promotion and mobile phone customers' inventory are all helpful to the price increase.
The DRAM price index has rebounded
Source: Wind
The Science and Technology Innovation 100 with high "core" content has been strong for two consecutive years, and the increase in the past two days has been high in the broad base
Today's market is a trend of volatility and differentiation throughout the day, with the Shanghai Composite Index adjusting and the STAR 100 Index rising against the market. As of the close of trading on April 23, 2024, the Science and Technology Innovation 100 ETF Fund (588220) rose 0.92%, and the intraday trading was active!
Source: Wind, data as of the close of trading on April 23, 2024.
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The Science and Technology Innovation 100 ETF Fund (588220) tracks the Science and Technology Innovation 100 Index, which focuses on industries including computers, electronics, medicine and biology, new energy and other small and medium-sized enterprises on the Science and Technology Innovation Board, which is expected to reap the dividends brought by the development of cutting-edge technologies in the low-altitude economy, and is also an important choice for investing in high-tech growth enterprises and is expected to obtain investment returns.
The semiconductor ETF (159813) tracks the CNI chip index, and the domestic upgrade logic + AI brings new industrial demand + the inflection point of the inventory cycle is coming, and the semiconductor sector is ushering in a better layout point.
Funds are risky and should be invested with caution.
The above content and data have nothing to do with the position of the interface and do not constitute investment advice. Do so at your own risk.