Semiconductor equipment ETFs with a high equipment allocation, such as E Fund's latest single-day net inflow exceeding 74 million yuan, AI ignites a "super cycle" in semiconductors, and annual report performances are frequently positive.

As of March 26, 2026, 14:10, the Semiconductor Equipment ETF E Fund (159558) had a trading turnover of 2.57% during the day, with a transaction volume of 125 million yuan.

As of March 25, the Semiconductor Equipment ETF E Fund (159558) has increased its size by 3.422 billion yuan over the past three months, with a weekly share increase of 10 million shares, achieving significant growth. In terms of capital inflow, the latest net capital inflow for the ETF is 74.0831 million yuan.

On the news front, according to statistics, as of March 25, 23 companies in the A-share semiconductor industry (Shenwan Industry Classification) have disclosed their 2025 annual reports. Among them, 14 companies achieved year-over-year profit growth, 3 turned losses into profits, and 2 reduced losses. Driven by the explosive demand for high-performance computing (HPC) and AI, companies in various subfields such as computing chips, memory chips, and power semiconductors reported strong performance. Data shows that, supported by AI investment demand, global semiconductor sales in 2025 reached $791.7 billion, a year-on-year increase of 25.6%, setting a new record. The Chinese market also performed strongly, with semiconductor sales growth exceeding 15% year-over-year in 2025.

Under the dual drive of geopolitical factors and AI, domestic wafer foundry capacity expansion is accelerating and extending to equipment. Kaiyuan Securities believes that TSMC’s reduction in mature process foundry capacity, combined with downstream automotive and industrial control inventory replenishment needs, has driven a comprehensive price increase in the wafer foundry industry; domestic fab manufacturers such as SMIC and Huahong Semiconductor have already formed capacity bases through high initial capital expenditure, and are now experiencing a “capacity release + domestic substitution + storage CBA architecture penetration” triple catalyst. As a necessary link in capacity expansion, equipment manufacturers will continue to benefit from new line validation and order opportunities.

Related securities: Semiconductor Equipment ETF E Fund (159558, A/C: 021893/021894), closely tracking the CSI Semiconductor Materials and Equipment Theme Index. The CSI Semiconductor Materials and Equipment Theme Index selects 40 listed companies involved in semiconductor materials and equipment as index samples, reflecting the overall performance of listed companies in the semiconductor materials and equipment sectors.