Sci-Tech Chip Design ETF Pudian (589250) rose 0.43% in the early session, with a volume surge of 13.16% yesterday.

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Yesterday (21st), the three major A-share indices formed a deep V shape, with the chip sector surging violently. The SSE STAR Market Chip Design ETF Pu Yin (589250) saw heavy volume and a sharp increase of 13.16%.

On July 22, the main A-share indices opened slightly lower but moved higher from the open in the chip sector.

As of 9:38, the SSE STAR Market Chip Design ETF Pu Yin (589250) rose by 0.43%; among sample stocks, Gecao Micro rose 8.28%, Dongxin Shares rose 6.43%, Shengke Communications -U rose 6.32%, Jhuata rose 5.92%, Puran Shares rose 5.49%, Hengxuan Technology fell 2.79%, SmartSens -W fell 1.12%, Hygon Information fell 1.07%, Raydium Microelectronics fell 1.04%, and Espressif Systems fell 0.94%.

Data from Wind shows that as of the previous trading day, the SSE STAR Market Chip Design ETF Pu Yin (589250) had a net inflow of 16.3201 million yuan over the past week and a cumulative net inflow of 42.9249 million yuan over the past month.

In terms of news, it was reported that Zhipu has established a large-scale data center with a capacity of 1GW, fully adopting domestic AI chips, and has built multiple computing clusters with tens of thousands of cards, continuously consolidating the domestic computing power foundation. Tencent also stated that to reduce inference costs to the extreme, the company will deploy domestic computing power on a large scale.

A research report from Huatai Securities points out that domestic AI chips are at a critical turning point from "usable" to "easy to use." With the continuous explosion in demand for large model training and inference, domestic computing power chips are expected to achieve scaled growth in 2026-2027. As core targets for domestic substitution, chip design companies on the STAR Market have broad long-term growth potential.

The SSE STAR Market Chip Design ETF Pu Yin (589250) closely tracks the SSE STAR Market Chip Design Theme Index (950162), highly focusing on 50 listed chip design companies on the STAR Market, with digital chip design accounting for nearly 80% of the weight. It avoids segments such as semiconductor materials, equipment, manufacturing, and packaging/testing. Compared to the semiconductor materials index within the chip sector, it has a lower valuation and better aligns with industrial development trends.

In terms of elasticity, the SSE STAR Market Chip Design Theme Index only includes chip design companies on the STAR Market, with component stocks having a daily price fluctuation limit of ±20%, offering greater elasticity and stronger offensive potential.

In terms of growth, the SSE STAR Market Chip Design ETF Pu Yin (589250) tracks the SSE STAR Market Chip Design Theme Index. Between January 5, 2024, and March 30, 2026, the target index accumulated a gain of 141.86%, ranking first among chip industry theme indices, surpassing the STAR Market Chip (133.60%), CSI All Share Semiconductor (97.77%), and Semiconductor Materials & Equipment (98.39%).