Is the "Kimi Moment" actually bullish for chips? The underlying index of the E Fund Chip ETF (516350) surged over 7% in a V-shaped rally.

As of 11:04, the CSI Chip Industry Index (H30007) rose by 7.33%; among weighted stocks, GigaDevice increased by 9.2%, Cambricon by 7.53%, NAURA Technology hit the daily limit, Montage Technology rose by 8.8%, AMEC by 10.36%, Hygon Information by 4.09%, SMIC by 6.93%, Biwin Storage by 4.1%, Longsys by 5.71%, and Piotech by 12.06%.

The E Fund CSI Chip Industry ETF (516350) tracks the CSI Chip Industry Index, with a net inflow of 596 million yuan over the past month.

In terms of news, Samsung is evaluating doubling the initial capacity of its Taylor fab in the US. Previously, TSMC significantly raised its 2026 capital expenditure to $60-64 billion, increasing investment in advanced process expansion. The AI application sector is also booming; Moonshot AI released the open-source large model Kimi K3, with performance comparable to international top-tier levels. Impacted by explosive demand, existing computing clusters are approaching their limits, prompting the company to urgently suspend subscriptions for new C-end users to fully protect the rights of existing members.

Overseas broker Wedbush Securities stated that if Chinese AI models continue to gain favor, considering the increased demand for high-performance memory, this "can be said to be a good thing" for memory suppliers. Additionally, the increase in model parameters leading to larger chip clusters may also provide a boost to network equipment providers.

Industrial Securities pointed out that the AI wave has driven an explosion in computing power demand, significantly increasing the value of segments such as servers, AI chips, optical chips, storage, and PCB boards. According to SIA data, global semiconductor sales reached $120.61 billion in May 2026, more than doubling from the same period in 2025. SEMI predicts that global semiconductor equipment sales will reach $165.9 billion in 2026, a year-on-year increase of 23.1%, significantly higher than the end-of-2025 forecast, with an expected rise to $229.5 billion by 2028.

The E Fund CSI Chip Industry ETF (516350) closely tracks the CSI Chip Industry Index, which selects stocks of listed companies involved in chip design, manufacturing, packaging, and testing, as well as those providing semiconductor materials, wafer production equipment, and packaging/testing equipment, from Shanghai and Shenzhen A-shares as sample stocks.

The management fee rate for the E Fund CSI Chip Industry ETF (516350) is 0.15%, the custody fee rate is 0.05%, and the comprehensive fee rate is 0.2%. The lower fee rates can effectively reduce cost expenditures for investors.

E Fund Management Company's total asset under management ranks at the forefront of the industry this year, with a complete product line and over 20 years of index investment experience.