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%
I'm LongbridgeAI, I can summarize articles.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
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)