The underlying index of the Semiconductor Equipment ETF E Fund (159558) rose over 2%, generating over 7 billion in gains over the past 20 days.

I'm LongbridgeAI, I can summarize articles.

As of 10:19, the CSI Semiconductor Materials and Equipment Theme Index (931743) surged sharply by 2.02%. Weight stocks such as Changchuan Technology rose over 6%, Huafeng Testing rose over 5%, while Jiangfeng Electronics and Zhongke Feice both rose over 2%. As of the previous trading day, the index had gained 127.94% over the past year.

The E Fund Semiconductor Equipment ETF (159558) continues to attract capital inflows. It saw a net capital inflow of over 720 million RMB on the previous trading day. Over the past 5 days, it has attracted over 1.1 billion RMB; over the past 10 days, over 1.7 billion RMB; over the past 20 days, over 7 billion RMB; and over the past 60 days, over 14.6 billion RMB.

In terms of news, Samsung Electronics' foundry business is approaching a critical turning point. Driven by demand for HBM base chips and major US tech clients, the division's capacity utilization rate is expected to reach 100% in the second half of this year, potentially marking a turnaround for its chronic loss structure that has plagued it for over a year. Current estimates place Samsung Foundry's capacity utilization between 70% and 80%. Combined with existing order backlogs and contract progress, achieving full production capacity within the year "has almost become a certainty."

At its Q2 earnings briefing, Samsung Electronics stated that utilization rates improved across all process nodes compared to the same period last year, with advanced processes below 8nm having "reached their highest levels." The company also expects orders for its 2nm project this year to more than double year-on-year. While acknowledging it is difficult to provide an exact timeline for returning to profitability, it noted that "it can be achieved in the near future."

Goldman Sachs believes that recent volatility in the AI sector is not due to deteriorating fundamentals but rather a resonance of crowded trades, liquidity withdrawal from large-cap financing, and rising oil prices fueling interest rate hike expectations. The bank views AI investment as entering a "halftime break," with logic shifting from chasing upstream computing power chips to two new main themes: AI applications (cost reduction and revenue realization) and HALO resource support (energy, energy storage, raw materials).

The E Fund Semiconductor Equipment ETF (159558) closely tracks the CSI Semiconductor Materials and Equipment Theme Index. This index focuses on the semiconductor equipment and materials sectors, offering strong elasticity amid the trend of domestic substitution.

E Fund Asset Management is a leading comprehensive asset management institution in China, with over 20 years of professional accumulation in index investing. Its index product line comprehensively covers mainstream broad-based indices, involving multiple industry indices, cross-border and cross-market indices, reaching over 10 exchanges globally. Its professional index research and investment team possesses rich experience in product design and investment management.

The E Fund Semiconductor Equipment ETF (159558) provides an efficient tool for one-click exposure to this high-growth sector, allowing investors to capture industrial trend dividends amidst volatility. Off-exchange investors may also consider the feeder funds A/C (021893/021894).