On the morning of November 6, the semiconductor industry chain—spanning upstream equipment, materials, IC design, and manufacturing—saw a collective rally. The Semiconductor Equipment ETF, heavily weighted in these segments, opened 2.19% higher with strong volume and has since climbed 4.59%. Among its components,
Technically, the ETF’s benchmark index, CSI Semiconductor, recently tested key support levels, rebounding twice after touching 1.860, signaling solid footing. Capital flows also turned bullish, with the ETF recording net inflows for five of the past six trading days, totaling over 240 million yuan, suggesting accumulation during consolidation.
Globally, semiconductor sales remain robust, driven by AI and memory chips. The Semiconductor Industry Association (SIA) reported Q3 sales of $208.4 billion, up 25.1% YoY and 15.8% QoQ—marking eight consecutive quarters of growth. September sales hit $69.5 billion (+25.1% YoY, +7% QoQ), a recent high. China contributed $56.1 billion (26.9% of global sales), up 15% YoY. The SIA highlighted AI infrastructure and memory demand as key growth drivers, with data center investments expanding rapidly.
Semiconductor equipment sales, per SEMI, reached $33.1 billion in Q3 2025, up 23.5% YoY and 3.2% QoQ. Analysts project global semiconductor sales to hit $728 billion (+15.4%) in 2025, potentially exceeding $800 billion by 2026 and nearing $1 trillion by 2030, fueled by AI and data center expansion.
Fundamentally, Q3 earnings showed broad-based growth. Industry revenue rose 11.0% YoY and 3.4% QoY, with digital chip design (+35.0% YoY), semiconductor equipment (+32.4%), analog design (+22.0%), and materials (+18.61%) leading. Sequential gains were led by equipment (+28.4%) and digital design (+7.1%).
The Semiconductor Equipment ETF tracks CSI Semiconductor, with ~90% exposure to high-growth segments like equipment, materials, and IC design. Top holdings include