Violent rebound of 3.5%! Semiconductor Equipment (561980) surged, AMEC and NAURA skyrocketed, storage leaders continue to raise prices + large orders from Google!
I'm LongbridgeAI, I can summarize articles.On June 9th, the semiconductor equipment sector rebounded strongly, with the China Merchants ETF (561980) surging 3.51%, and heavyweight stocks like AMEC and NAURA collectively skyrocketing. Driven by positive catalysts such as the target price increase for leading storage companies, accelerated commercialization of glass substrates, and Google placing large TPU orders with Intel, market sentiment soared, and analysts believe that the semiconductor equipment segment will benefit first
On June 9th, the semiconductor equipment sector rebounded strongly in the morning session. As of 9:40 AM, the Semiconductor Equipment ETF China Merchants (561980) surged 3.51% on increased volume, with several major weighted stocks collectively soaring—Changchuan Technology rose 4.46%, AMEC rose 4.40%, Tuojing Technology rose 4.12%, NAURA rose 3.63%, and Cambrian rose 1.73%.
The news front is experiencing a flurry of catalysts. Supported by strong NAND demand, favorable pricing trends, and a new wave of long-term supply agreements, Bank of America raised its target price for SanDisk from $1,550 to $2,100, while Mizuho Bank raised it from $1,825 to $2,200. SK's Absolics is accelerating the commercialization of glass substrates, planning to start full-scale production as early as this year. Google has placed an order with Intel for over 3 million self-developed TPU chips, planning to produce them before 2028; due to TSMC's inability to meet demand, companies like Google and NVIDIA are turning to Intel as a backup manufacturer.
Analysts point out that the continuous upward adjustment of target prices for leading storage companies, the accelerated commercialization of glass substrates, and Google's large TPU orders will benefit the semiconductor equipment sector as the "shovel sellers." It is understood that the Semiconductor Equipment ETF China Merchants (561980) tracks the CSI Semiconductor Index, which is one of the few indices in the A-share market that covers 100% of the four core chip industry chains: equipment, materials, design, and manufacturing. Since 2020, it has increased by more than four times, ranking first among similar indices