--- title: "The Tianhong SSE STAR Chip Design ETF (589070) had a trading volume of nearly 200 million yuan last Friday, with a turnover rate exceeding 30%, both ranking first among the same category. Institutions: AI terminal innovation and computing power construction are driving the global semiconductor industry into a high prosperity cycle" type: "News" locale: "en" url: "https://longbridge.com/en/news/282469343.md" description: "The Tianhong SSE STAR Chip Design Thematic ETF (589070) had a trading volume of nearly 200 million yuan last Friday, with a turnover rate exceeding 30%, ranking first among similar funds. The latest scale of the fund is 620 million yuan, with a year-to-date growth of 620 million yuan. The STAR Chip Index has increased by 70.91% in the past year. Institutional analysis suggests that innovations in AI terminals and computing power construction are driving the global semiconductor industry into a high prosperity cycle" datetime: "2026-04-13T01:23:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282469343.md) - [en](https://longbridge.com/en/news/282469343.md) - [zh-HK](https://longbridge.com/zh-HK/news/282469343.md) --- # The Tianhong SSE STAR Chip Design ETF (589070) had a trading volume of nearly 200 million yuan last Friday, with a turnover rate exceeding 30%, both ranking first among the same category. Institutions: AI terminal innovation and computing power construction are driving the global semiconductor industry into a high prosperity cycle Editor: Ye Feng On April 10, the two markets opened high and rose further, with the chip design concept gaining traction. In terms of related ETFs, the Tianhong SSE STAR Chip Design ETF (589070) saw its underlying index close up 2.06%, with a transaction volume of 191 million yuan, ranking first among similar funds; the turnover rate reached 30.01%, also ranking first among similar funds. Among the constituent stocks, Fengfan Technology and Baiwei Storage rose over 5%, with multiple stocks such as Purun Co., Ltd., Ruichuang Micro-Nano, and Longxun Co., Ltd. also following suit. The Tianhong SSE STAR Chip Design ETF (589070) has seen a cumulative net inflow of 48.7334 million yuan over the last 30 trading days. As of April 9, 2026, the latest scale of this fund is 620 million yuan, with a year-to-date growth of 620 million yuan, ranking first among similar funds. The Tianhong SSE STAR Chip Design ETF (589070) closely tracks the STAR Chip Design Index, which has increased by 70.91% over the past year. Its industry allocation mainly includes semiconductors (95.1%), military electronics II (4.16%), and software development (0.75%). The top five constituent stocks are Lanke Technology, Haiguang Information, Chipone Technology, Baiwei Storage, and Cambrian. Data from the past three years shows that the PE-TTM of the STAR Chip Design Index is 182.05 times, with the current valuation at the 3.70% percentile over the past three years, lower than 96.30% of the time in the past three years. From a valuation perspective, it already possesses a high cost-performance ratio. In terms of news, according to Yicai, Samsung Electronics has raised DRAM contract prices by about 160% this year, with storage chip prices continuing to soar. According to the Ministry of Industry and Information Technology, it has issued a notice proposing innovative models such as "computing power banks" to carry out special actions for inclusive computing power empowerment. According to Kuaishou Securities, Google has significantly increased its TPU procurement volume for 2026 to 2028, and the temporary ceasefire agreement between the U.S. and Iran has eased geopolitical tensions. Additionally, Huachuang Securities reported that the U.S. has proposed the MATCH Act to upgrade controls; Bank of China International pointed out that Huawei's Ascend 950PR has received orders from major manufacturers, achieving a key breakthrough in domestic computing power. Zhongshan Securities noted that AI terminal innovation and computing power construction are driving the global semiconductor industry into a high prosperity cycle. Domestic STAR chips are ushering in a historic opportunity for "simultaneous volume and price increase" and accelerated domestic substitution, particularly optimistic about the explosive demand for storage chips, semiconductor equipment materials, and domestic large computing power chips. 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