--- title: "Taikang Semiconductor Quantitative Stock Selection Index Fund surged over 3% during trading, as tight supply and demand in storage may present a milestone opportunity for domestic substitution" type: "News" locale: "en" url: "https://longbridge.com/en/news/280408558.md" description: "Today (March 25), the semiconductor sector strengthened, with the CSI All Share Semiconductor Index rising over 3% at its peak during the session. Biwin signed a $1.5 billion procurement contract with a certain memory manufacturer, with a procurement period of 24 months. The SEMICON China 2026 conference opened in Shanghai, with the global semiconductor market expected to exceed $975 billion. Analysts pointed out that the supply and demand for memory chips are tight, domestic manufacturers are emerging, and memory prices remain high. Taikang Semiconductor Quantitative Stock Selection Fund is tracking the CSI All Share Semiconductor Products and Equipment Index, using quantitative tools to capture structural opportunities" datetime: "2026-03-25T03:49:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280408558.md) - [en](https://longbridge.com/en/news/280408558.md) - [zh-HK](https://longbridge.com/zh-HK/news/280408558.md) --- # Taikang Semiconductor Quantitative Stock Selection Index Fund surged over 3% during trading, as tight supply and demand in storage may present a milestone opportunity for domestic substitution Today (March 25), the semiconductor sector strengthened, with the CSI All Share Semiconductor Index rising over 3% at its peak during the session, currently up 2.04%. Related stocks such as Jiewa Technology rose over 14%, while Biwin, Shengbang Technology, and Tianyue Advanced also saw significant gains. In terms of news, on the evening of March 24, Biwin announced that the company signed a routine operational procurement contract with a certain memory chip manufacturer. The company agreed to purchase a specific type of memory wafer from the supplier according to the quantity, price, and timeline stipulated in the contract, with a total committed procurement amount of $1.5 billion. The total procurement period is 24 months, with procurement progress evenly distributed over 8 quarters, and the procurement price is locked in from the second quarter of 2026 to the first quarter of 2028. Additionally, the SEMICON China 2026 semiconductor industry conference opened today in Shanghai. This conference will feature over 5,000 exhibition booths, more than 20 concurrent meetings and events, covering the entire industry chain including chip design, manufacturing, packaging and testing, equipment, materials, photovoltaics, and displays. It is expected to become an important window for observing industry trends and linking global resources. SEMI China stated that looking ahead to 2026, the global semiconductor market size is expected to exceed $975 billion, with a year-on-year growth rate of 26.3%, approaching the trillion-dollar mark. China Galaxy Securities pointed out that the tight supply and demand for advanced processes and memory chips, along with the need for capacity expansion, will directly increase demand for upstream equipment, indicating a strong long-term outlook for semiconductor equipment. Shenwan Hongyuan believes that memory is entering a super cycle, with domestic manufacturers emerging. AI-driven memory demand spans all fields, with servers becoming the largest downstream application for memory by 2026. Limited new capacity within the year will keep memory prices high. During the memory super cycle, domestic memory manufacturers are advancing to the first tier, with Changxin Technology's IPO expected to become a milestone for self-control. In addition to bulk memory, the specialized memory sector presents opportunities for industry restructuring due to the exit of memory manufacturers from supply. Taikang Semiconductor Quantitative Stock Selection Fund (A:020476; C:020477) mainly tracks the CSI All Share Semiconductor Products and Equipment Index, employing a "data depth + artificial judgment" dual-driven model to capture structural opportunities using quantitative tools. On one hand, it dynamically screens undervalued targets through a multi-factor model. Based on financial data and market trading behavior, it constructs an evaluation system covering six core factors including profitability, growth, and price-volume, primarily exploring pricing deviations from the bottom up. On the other hand, it combines qualitative calibration of industry trends, conducting detailed analysis of sub-industries such as integrated circuit design, manufacturing, and equipment to assess their current positions and future development directions, adjusting allocation ratios in real-time. The latest report period data shows that the top ten holdings of Taikang Semiconductor Quantitative Stock Selection Fund (A:020476; C:020477) include SMIC, Haiguang Information, Saiwujiji, Lanke Technology, Zhongwei Company, Zhaoyi Innovation, OmniVision Technologies, Unisoc, Tongfu Microelectronics, and Northern Huachuang Against the backdrop of AI technology deeply reshaping the global industrial landscape, China's semiconductor industry is ushering in a triple momentum of market expansion, domestic substitution, and accelerated integration. Taikang Semiconductor Quantitative Stock Selection Fund (A:020476; C:020477) relies on a dual-track strategy of quantitative models and industry judgment to deeply lay out opportunities in the industrial chain ### Related Stocks - [000985.CN](https://longbridge.com/en/quote/000985.CN.md) - [688525.CN](https://longbridge.com/en/quote/688525.CN.md) - [512480.CN](https://longbridge.com/en/quote/512480.CN.md) - [515530.CN](https://longbridge.com/en/quote/515530.CN.md) ## Related News & Research - [EXCLUSIVE-At Samsung, the global AI boom spurred a looming strike and deep divisions](https://longbridge.com/en/news/286544840.md) - [Hedge Funds Go 'All-In' On Semiconductors As SOXX Exposure Hits Record Highs](https://longbridge.com/en/news/286878157.md) - [13:45 ETInventHelp Inventor Develops New Key Storage Accessory (TLS-1345)](https://longbridge.com/en/news/286950644.md) - [The Most Crowded Trade On Earth Is Cracking](https://longbridge.com/en/news/286808606.md) - [Dell Technologies Rewrites the Rules of Storage Modernization and Performance with Dell PowerStore Elite | DELL Stock News](https://longbridge.com/en/news/286947350.md)