The Sci-Tech Innovation Artificial Intelligence ETF Yinhua(588930) turned positive intraday. Institutions: Domestic chip manufacturers are expected to rapidly capture market share.

On March 20, the three major indices collectively rose, and the artificial intelligence sector turned positive. The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index (950180.SH) increased by 0.40%. Among the constituent stocks of this index, Lingyun Optoelectronics rose over 4%, Daotong Technology, Chipone Technology, and Xinghuan Technology rose over 1%, while Optoelectronics and Weisheng Information rose nearly 1%.

Regarding related ETFs, the Wind Financial Terminal shows that as of the time of writing, the Sci-Tech Artificial Intelligence ETF Yinhua (588930) turned positive during the session, rising by 0.19%, with a trading volume exceeding 10 million yuan. In terms of capital flow, as of March 19, this ETF had a cumulative net inflow of over 12 million yuan in the last five trading days. The latest circulating shares of this ETF are 933 million, with a latest circulating scale of 1.457 billion yuan.

The Sci-Tech Board Artificial Intelligence ETF (588930) closely tracks the Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index (950180.CSI). This index selects 30 listed companies with larger market capitalization from the Sci-Tech Board market, whose businesses involve providing foundational resources, technology, and application support for artificial intelligence, as index samples to reflect the overall performance of representative AI industry listed companies in the Sci-Tech Board market.

On the news front, according to the latest wafer foundry industry research by TrendForce, due to continued investments by North American Cloud Service Providers (CSPs) and AI startups in the AI field, it is expected that the demand for AI-related main chips and peripheral ICs will continue to lead the growth of the global wafer foundry industry in 2026, with an annual growth rate of 24.8%, approximately 218.8 billion USD.

Shanxi Securities believes that the demand for AI computing power continues to grow significantly, and domestic chip manufacturers are accelerating breakthroughs in performance, ecosystem, and production capacity. In the context of strong demand for training and inference, domestic chip manufacturers are expected to quickly capture market share, and investment opportunities in the industrial chain are clear.