on March 12, the semiconductor sector continued to be active. as of press release, the semiconductor ETF(512480) rose 0.67 percent to a turnover of 0.522 billion yuan.

in terms of constituent stocks, zhaoyi innovation (603986) rose 6.73, medium and micro companies (688012) rose 2.63, purple light country micro (002049) rose 2%, zhuosheng micro (300782) rose 1.46, lanqi technology (688008) rose 1.33, weir shares (603501), changdian technology (600584) and other stocks followed suit.

Recently, according to media reports, the third-generation semiconductor material industrial park in Shenzhen, jointly invested and constructed by Shenzhen Heavy Investment Group and Beijing Tianke Heda Semiconductor Co., Ltd., was officially unveiled, marking the full completion of the project. Put into production. With a total investment of 3.27 billion yuan, the project focuses on the layout of 6-inch silicon carbide single crystal substrate and epitaxial production line. It is estimated that the substrate and epitaxial production capacity will reach 250000 pieces this year, which will further strengthen Shenzhen's third generation semiconductor "virtual whole industry chain (VIDM)".

IDC's forecast data show that the global semiconductor market revenue is expected to rebound to $630.2 billion this year, an increase of 20% year-on-year. Among them, the memory chip market growth will be the strongest, an increase of up to 52.5; data center chips next, an increase of 45.4.

Previously, the U.S. Semiconductor Industry Association (SIA) also predicted semiconductor sales in 2024. In January 2024, the global semiconductor industry sales totaled US $47.6 billion, up 15.2 percent from US $41.3 billion in January 2023. Regionally, sales increased year-over-year in China (26.6 percent), the Americas (20.3 percent) and Asia Pacific/All Other (12.8 percent).

Huafu Securities pointed out that the global semiconductor industry is steadily recovering, driven by artificial intelligence (AI) equipment, high-bandwidth memory (HBM), small chips (Chiplet), autonomous driving, AIGC, and computing infrastructure. At the same time, the expansion of the year-on-year growth rate of the semiconductor market in China and the Americas also reflects the continuation of signs of recovery in consumer electronics demand.

It is worth noting that the Semiconductor ETF(512480) tracks the CSI All-Index Semiconductor Products and Equipment Index (H30184.CSI). From a valuation perspective, the CSI All Index Semiconductor Products and Equipment Index (H30184.CSI) has a static P/E ratio of 53.18 times, which is at the 16.77 percent level of historical valuation. Semiconductor valuations are at historically low levels in the last decade.

Guolian Semiconductor ETF(512480) is the first ETF fund in the current market to track the theme of the semiconductor industry, and it is also the only ETF index fund to track the CSI All-Index Semiconductor Index. It provides investors with a more comprehensive and efficient connection to the semiconductor sector. The high-prosperity growth space has created an efficient channel, with outstanding advantages in scale and liquidity. At the same time, ETF-linked funds provide a convenient way for investors to lay out over-the-counter investors can pay attention to the ETF connection between semiconductor products and equipment (Class A: 007300, Class C: 007301).