Baiwei Storage's stock price hits a record high! The Tianhong (589070) Sci-Tech Innovation Chip Design ETF has seen net inflows of over 100 million yuan in the past 10 days. The underlying index has rebounded from its lows and closed up nearly 2.5%.

As of the close on March 16, 2026, the Tianhong Sci-Tech Chip Design ETF (589070) had a turnover rate of 10.57%, with a transaction volume of 65.82 million yuan, indicating active market trading. The tracked Shanghai Sci-Tech Board Chip Design Theme Index (950162) once fell more than 1.5% during the trading session, then sharply rebounded to close up 2.45%. The constituent stocks Buwei Storage rose 13.35%, Puran Co. increased 8.29%, Lianyun Technology gained 8.04%, and stocks like Loongson Zhongke and Sirui Pu also followed the upward trend.

As of March 16, the latest size of the Tianhong Sci-Tech Chip Design ETF (589070) reached a nearly one-month high. Over the past week, the ETF’s shares increased by 60 million units, showing significant growth.

In terms of capital inflow, the Tianhong Sci-Tech Chip Design ETF (589070) attracted a total of 104 million yuan over the last 10 trading days.

【Product Highlights】

The Tianhong Sci-Tech Chip Design ETF (589070) closely tracks the Shanghai Sci-Tech Board Chip Design Theme Index, which focuses on the midstream design segment of semiconductors, accounting for nearly 95%! Compared to similar sci-tech chip indices, it is more “pure” with a very high industry concentration!

【Hot Events】

Buwei Storage’s stock price hit a record high! The semiconductor industry chain may usher in a new wave of price increases.

On March 16, the semiconductor and chip sectors surged across the board, with storage chip concepts continuing to rise. Buwei Storage soared over 13%, with the highest price reaching 238.42 yuan, setting a new record high!

Following storage chips and packaging, the semiconductor industry chain may experience a new wave of price hikes. Reports indicate that mature process wafer foundries like UMC, World Advanced, and Powerchip are expected to raise prices starting as early as April, with increases of up to 10% or more.

【Institutional Views】

CITIC Securities pointed out that with NVIDIA’s GTC 2026 conference approaching, the company’s chip product lineup is expected to expand further. In addition to the full set of six core chips for the Vera Rubin AI platform, more details about Rubin Ultra chips and server cabinets may be disclosed at the conference, bringing innovations in data connectivity and power supply architecture. The launch of new products like orthogonal backplanes and CPOs is expected to further improve visibility. The conference will strengthen market confidence in the sustained growth of the AI industry and the realization of incremental logic.

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