Semiconductor industry chain-related indices collectively pull back; institutional research reports: High growth in computing infrastructure investment will support industry chain demand

Ask AI · Why did device ETFs receive net subscriptions against the trend during the semiconductor index pullback?

On April 2, affected by market sentiment, indices related to the semiconductor industry chain all pulled back, with the cloud computing, chip, and equipment sectors weakening in tandem. By the close, the CSI Cloud Computing and Big Data Theme Index fell 3.7%, the CSI Semiconductor Materials and Equipment Theme Index dropped 3.6%, and the CSI Chip Industry Index fell 3.2%. The E Fund Semiconductor Equipment ETF (159558) received a net subscription of 31 million units that day.

Judging from the index characteristics, the valuation percentile of the cloud computing index is 95.5%, and that of the chip index is 79.3%. Morgan Stanley said that the high growth in computing power infrastructure investment will support demand across the semiconductor industry chain, and that the long-term outlook remains unchanged.

Within the E Fund's “Future Computing” ETF matrix, the cloud computing ETF E Fund (516510), tracking the CSI Cloud Computing and Big Data Theme Index, and the chip ETF E Fund (516350), tracking the CSI Chip Industry Index, are both low-fee products. As shown in the figure below:

Risk warning: Funds involve risk; invest with caution.