---
title: "SK Group Chairman: Plans to double wafer production capacity in the next five years; ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF (588170) rose by 2.83%, ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF (562590) rose by 2.85%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288504991.md"
description: "SK Group Chairman Choi Tae-won announced that SK Hynix plans to double its wafer production capacity over the next five years. Affected by this news and the surge in chip prices, the A-share semiconductor sector became active, with the ChinaAMC Semiconductor ETF rising by 2.83% and the ChinaAMC Semiconductor Equipment ETF rising by 2.85%, while stocks such as UIGreen and NSIG also saw gains. Analysts believe that the AI boom is reshaping the cyclical characteristics of the memory chip industry"
datetime: "2026-06-03T02:15:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288504991.md)
  - [en](https://longbridge.com/en/news/288504991.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288504991.md)
generator: "portal-rs"
---

# SK Group Chairman: Plans to double wafer production capacity in the next five years; ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF (588170) rose by 2.83%, ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF (562590) rose by 2.85%

As of June 3, 2026, 10:03 AM, the ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF (588170) rose by 2.83%, and the ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF (562590) rose by 2.85%. In terms of popular stocks, UIGreen rose by 10.79%, NSIG rose by 8.46%, Youyan Silicon rose by 7.04%, and other stocks such as Shenkong Co., Ltd. and Shanghai Hejing also followed suit.

On the news front, SK Group Chairman Choi Tae-won stated on Tuesday that its memory chip subsidiary SK Hynix plans to double its wafer production capacity over the next five years; as Choi Tae-won made these remarks, some analysts pointed out that the A boom is reshaping the traditionally cyclical memory chip industry.

Related ETFs: ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF (588170) and its feeder funds (Class A: 024417; Class C: 024418): The tracking index is the only semiconductor equipment thematic index on the STAR Market, with nearly 80% of its content in memory chips and the highest content of advanced packaging in the entire market (about 59%), focusing on hardcore equipment companies at the forefront of technological innovation.

ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF (562590) and its feeder funds (Class A: 020356; Class C: 020357): The tracking index is the CSI Semiconductor Material & Equipment thematic index, with the highest content of semiconductor equipment in the entire market index (about 63%), directly benefiting from the global chip price surge and the certainty of demand for "shovel sellers" (equipment manufacturers)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**