Looking back on the whole year of 20021,the semiconductor sector began to rise violently in various "out-of-stock price increases" after the callback in the first quarter. In particular, the performance of some companies in the first quarterly report and semi-annual report has been honored, which has become the fuse for the further rise of the sector.
Looking forward to 2022, the pattern of strong demand for semiconductor downstream terminals will not change, and global fabs will increase their expansion, but it will take time for the production capacity to be fully released, and the tight balance between supply and demand will still be maintained; On the other hand, the localization process of semiconductor materials has been accelerated, and the national policy orientation has been positive and effective. China Merchants Securities believes that semiconductor materials are expected to usher in a boom next year, with high performance and long-term opportunities exceeding risks.
Therefore, the semiconductor industry has great potential for future development. Investors can continue to pay attention to the performance of relevant funds, and finally remind investors that funds are risky and need to be cautious in investment.