The AI wave drives explosive growth in computing power demand, leading to a recovery across the entire semiconductor industry chain. The Sci-Tech Semiconductor ETF Huaxia closed up 6.32%.

Ask AI · How will the explosive growth of AI computing power reshape the semiconductor industry chain pattern?

As of 15:00 on May 11, 2026, the Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme Index (950125) surged strongly by 6.18%, with constituent stocks such as China Ship Special Gas up 20.00%, Xingfu Electronics up 20.00%, Tianyue Advanced up 15.27%, and stocks like ShenGong Co., Oulai New Materials, and others following suit. The Sci-Tech Innovation Semiconductor ETF Huaxia (588170) increased by 6.32%. Looking at a longer timeframe, as of May 8, 2026, the Sci-Tech Innovation Semiconductor ETF Huaxia has risen a total of 12.12% over nearly two weeks.

In terms of liquidity, the Sci-Tech Innovation Semiconductor ETF Huaxia had an intraday turnover rate of 15.36%, with a transaction volume of 1.36B yuan, indicating active market trading. Over a longer period, as of May 11, the ETF’s average daily turnover over the past week was 1.47B yuan.

From the development trend of the semiconductor industry, the AI wave is driving explosive growth in computing power demand, significantly increasing the value of segments such as servers, AI chips, optical chips, and storage. Global tech giants are raising capital expenditure guidance, with Microsoft, Amazon, and others demonstrating ambitions in AI infrastructure. SEMI data shows that global silicon wafer shipments have grown driven by AI demand and signs of broad recovery. Performance in storage chip manufacturing is increasing, with long-term contracts signed; upstream sectors like passive components, digital SoCs, RF, and packaging testing are clearly recovering. The expansion of advanced processes has become a main line for independent controllability, with the importance of advanced packaging highlighted, bringing broad development space to the semiconductor industry.

Open Source Securities pointed out that, based on market growth rates, it is estimated that the global and Chinese semiconductor markets will both have a CAGR exceeding 35% over the next two years, significantly higher than the previous expectation of around 10%. Global WFE (Wafer Fabrication Equipment) is expected to reach $226.7 billion by 2027, and domestic WFE will reach 79.5 billion USD. With the increase in localization of domestic equipment companies, their revenue growth is expected to significantly surpass that of overseas companies.

Data shows that as of April 30, 2026, the top ten weights of the Shanghai Stock Exchange Sci-Tech Innovation Board Semiconductor Materials and Equipment Theme Index (950125) are TuoJing Technology, Microchip, Huahai Qingke, Zhongke Feice, XinYuan Micro, Shanghai Silicon Industry, Huafeng Testing, Anji Technology, Tianyue Advanced, and FuChuang Precision, with the top ten stocks accounting for a total of 72.94%.

Related ETFs: Sci-Tech Innovation Semiconductor ETF Huaxia (588170) and its associated funds (A: 024417; C: 024418): The tracking index is the only semiconductor equipment theme index on the Sci-Tech Innovation Board, with the highest proportion of advanced packaging (about 50%) in the entire market, focusing on core equipment companies at the forefront of technological innovation.

Semiconductor Equipment ETF Huaxia (562590) and its associated funds (A: 020356; C: 020357) track the CSI Semiconductor Materials and Equipment Theme Index, which has the highest proportion of semiconductor equipment (about 63%) in the entire market index, directly benefiting from the certainty demand of “equipment vendors” driven by the global chip price surge.