--- title: "The STAR Chip Index ETF Penghua rose over 1.8%, and the entire industry will substantially implement price increases in April-May" type: "News" locale: "en" url: "https://longbridge.com/en/news/281832307.md" description: "The STAR Chip ETF Penghua rose by 1.82%, with the entire industry expected to see substantial price increases in April-May 2026. The supply-demand pattern has fundamentally changed, with tungsten production affected by export controls, leading to a surge in prices of some traditional storage chips by over 300%. Institutions believe that the core driving force behind the price increase of semiconductor target materials has shifted to supply-demand mismatch. The SSE STAR Chip Index rose by 1.92%, with strong performance from constituent stocks, and the top ten weighted stocks accounting for 60.99%" datetime: "2026-04-07T05:29:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281832307.md) - [en](https://longbridge.com/en/news/281832307.md) - [zh-HK](https://longbridge.com/zh-HK/news/281832307.md) --- # The STAR Chip Index ETF Penghua rose over 1.8%, and the entire industry will substantially implement price increases in April-May On the news front, the current supply and demand pattern is undergoing fundamental changes: on the supply side, China accounts for 80%-83% of global tungsten production, and export controls have left Japanese hexafluorotungsten suppliers with only 5-6 months of inventory (until May or June 2026), while South Korean suppliers plan to raise prices by more than double; on the demand side, AI capacity crowding out has caused some traditional storage chips to surge over 300%, coupled with the rigid demand for target materials, which account for 2.9% of wafer manufacturing material costs, exacerbating the tight supply and demand situation. Institutions believe that semiconductor target materials are expected to see substantial price increases, with the core driving force having completely shifted from passive cost transfer to profit expansion under supply and demand mismatch. The market initially thought that the price increase was driven by the soaring high-purity copper, which accounts for 60% of costs, but industry chain research has confirmed that the impact on end costs has significantly diminished to 21.6% after multi-link transmission. As negotiations on prices with overseas leaders come to an end, the entire industry is expected to implement substantial price increases in April-May 2026, and domestic consumables leaders with upstream resource positioning and the ability to take on overseas transfer orders will experience a double boost in market share and profitability. As of April 7, 2026, 13:14, the SSE STAR Chip Index (000685) rose sharply by 1.92%, with constituent stocks such as Cambricon rising by 8.94%, Shengke Communication rising by 8.40%, and Lianyun Technology rising by 7.44%. Stocks like Jiehuate and Dongxin Co., Ltd. also followed suit. The STAR Chip ETF Penghua (588920) rose by 1.82%, with the latest price reported at 1.51 yuan. The STAR Chip ETF Penghua closely tracks the SSE STAR Chip Index, which selects securities from STAR Market listed companies involved in semiconductor materials and equipment, chip design, chip manufacturing, chip packaging, and testing as index samples to reflect the overall performance of representative chip industry listed companies on the STAR Market. Data shows that as of March 31, 2026, the top ten weighted stocks in the SSE STAR Chip Index (000685) are SMIC, Haiguang Information, Cambricon, Lanke Technology, Zhongwei Company, Chipone Technology, Baiwei Storage, Tuojing Technology, Yuanjie Technology, and Hua Hong Company, with the top ten weighted stocks accounting for a total of 60.99% ### Related Stocks - [588750.CN](https://longbridge.com/en/quote/588750.CN.md) - [588200.CN](https://longbridge.com/en/quote/588200.CN.md) - [000685.CN](https://longbridge.com/en/quote/000685.CN.md) - [588920.CN](https://longbridge.com/en/quote/588920.CN.md) - [589100.CN](https://longbridge.com/en/quote/589100.CN.md) ## Related News & Research - [Chinese memory module makers ramp up production with new CXMT DRAM](https://longbridge.com/en/news/286338651.md) - [FotoNation and SEMIFIVE Announce Strategic Collaboration for Turnkey Development of TriSilica Perceptual AI Chip Family Using Samsung Foundry](https://longbridge.com/en/news/285912358.md) - [CMOC Group (CMCLF): New Buy Recommendation for This Basic Materials Giant](https://longbridge.com/en/news/286625840.md) - [China's Bio-Thera Gets US Nod for Golimumab Biosimilar](https://longbridge.com/en/news/286880573.md) - [PTA-DD: Warimpex Finanz- und Beteiligungs AG: Managers' transactions announcement according to article 19 MAR](https://longbridge.com/en/news/286901864.md)