Semiconductor structural opportunities become prominent; Guotai's innovative chip ETF offers one-click deployment for full-scenario domestic "core" solutions.

As of the close on April 2, 2026, the SSE STAR Market Chip Index fell by 3.02%. The Kechuang Chip ETF Guotai(589100) fell by 2.95%, with the latest price at 1.48 yuan.

In terms of news, global semiconductor sales in 2025 reached $767.03 billion, up 23.58% year over year, and the compound annual growth rate from 2015 to 2025 was 8.56%. In Q4 2025, storage chips entered a new round of price increases. Micron, Samsung, and SK Hynix, the three major giants, successively raised their contract prices for DRAM and NAND Flash, and spot prices rose in tandem. This round of cycle is driven by multiple factors working together, including cloud providers stepping up capital expenditures to fuel a surge in AI server demand, and continued upgrades in smartphone configurations. The concentrated pace of upgrades will help extend the 2026 storage chip market’s price-increase cycle.

Donghai Securities said that the semiconductor industry’s price increases have not stopped spreading, and attention should be paid to structural opportunities in sub-sectors driven by AI. With industry demand gradually recovering, AI investment continues to exceed expectations, and the magnitude of storage chip price increases is beyond expectations. Under overseas pressure, efforts to strengthen independent and controllable capabilities are still being intensified. At present, market fund sentiment is relatively high, and it is recommended to build positions on dips.

Kechuang Chip ETF Guotai(589100) offers a one-click way to invest in domestically produced “chips” across all scenarios—packaging core leaders across the entire domestic chip industry chain and all categories.

Data shows that, as of March 31, 2026, the top ten weighted stocks of the SSE STAR Market Chip Index are Semiconductor Manufacturing International Corporation, Hygon Information, Cambricon, Lianqi Technology, CMC, Enscotech, Powerchip Memory, Tuojing Technology, Yuanjie Technology, and Hualiang Company, with the top ten weighted stocks accounting for a combined 60.99%.