The ChinaAMC CSI 5G Communication ETF (515050) saw a trading volume exceeding 900 million yuan during the session, accompanied by a significant premium, attracting over 900 million yuan in the past 10 days, focusing on PCB + CPO
I'm LongbridgeAI, I can summarize articles.The ChinaAMC CSI 5G Communication ETF (515050) performed strongly on May 25, with a trading volume exceeding 900 million yuan and an increase of over 2%. In the past 10 days, it has attracted over 900 million yuan, indicating active buying. Holdings such as Avary Holding hit the daily limit, and other related stocks also performed well. Huaxi Securities analysis pointed out that the cost of the new generation Rubin rack's PCB from NVIDIA has significantly increased, driving growth in related technologies and markets
On May 25th, the electronics sector collectively strengthened, with multiple concepts such as storage, PCB, and advanced packaging being active. The communication ETF ChinaAMC (515050) opened high and rose further, exceeding a 2% increase as of 13:22, leading its peers. The intraday trading volume surpassed 900 million yuan with significant premiums, indicating active buying. Among the held stocks, Avary Holding hit the 10% daily limit up, while Cambridge Technology, Shengyi Technology, Zhaoyi Innovation, Huadian Technology, Shenzhen South Circuit, and Tianfu Communication also surged. As of the last trading day, the communication ETF ChinaAMC has accumulated over 900 million yuan in net inflows over the past 10 trading days. The lowest fee rate among similar products, the ChiNext artificial intelligence ETF ChinaAMC (159381), rose nearly 2%, while the cloud computing ETF ChinaAMC (516630) increased by nearly 1%.
On the news front, Wall Street conducted a comprehensive bill of materials (BOM) breakdown of NVIDIA's next-generation Rubin rack, with the Rubin rack purchased from ODM priced at approximately 7.8 million dollars, nearly doubling from the previous generation GB300 rack's price of about 3.99 million dollars. The value of the VR200 cabinet PCB is 116,000 dollars, three times that of the GB300 cabinet PCB value (35,000 dollars).
Huaxi Securities analysis believes that the PCB cost of the VR200 has seen a massive increase of over 233% compared to the GB300. This will raise the total PCB consumption value to about 117,000 dollars, while the GB300 is only 35,000 dollars. This significant cost jump is driven by an increase in the number of PCBs, with new modules such as ConnectX modules and mid-board PCBs being introduced, while the number of PCB layers and the grade of copper-clad laminates (CCL) have also been upgraded.
Communication ETF ChinaAMC (515050.SH): Fully covers the entire chain from the scarce upstream optical chips to fiber optic cables, AI servers, optical interconnects, and PCBs that benefit from new technologies like CPO/OCS. In addition to a strong focus on leading CPO companies, the index's PCB concept stocks account for over 20%, with constituent stocks covering leading PCB companies such as Dongshan Precision, Huadian Technology, Shengyi Technology, Shenzhen South Circuit, Avary Holding, and Zhaoyi Innovation among storage leaders. It directly captures the dual drivers of accelerated capital expenditure in AI computing power and technological iteration, serving as a core tool for grasping the performance release in the communication and electronic computing power sectors. Off-market connection (Class A: 008086; Class C: 008087)