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NVIDIA's earnings report ignites chip sector rally; Tianhong Sci-Tech Chip Design ETF (589070) underlying index surges 4%, attracting inflows for eight consecutive days.
Gelonghui, August 27 – Today, the semiconductor sector of China’s A-share market led gains with strong momentum. Component stock Southchip Technology rose 10%, while SWI Semiconductor, Montage Technology, and Injoinic Technology each gained over 7%. This surge drove the underlying index of the Tianhong STAR Chip Design ETF (589070) up by 4.1%. The ETF has recorded net inflows for eight consecutive days, accumulating a total of RMB 126 million. The Tianhong STAR Chip Design ETF (589070) tracks the STAR Chip Design Index, focusing on leading chip design companies. Its constituents include Montage Technology, Cambricon Technologies, Hygon Information, Biwin Storage, and VeriSilicon Holdings. The index covers memory chips, high-performance processors, and memory interface chips.
Nanxin Technology (688484): Increasing R&D investment in automotive, intelligent computing, and industrial sectors; short-term profits under pressure.
Revenue grew year over year and quarter over quarter in the second quarter, while net profit turned from profit to loss. In the first half of 2026, the company reported revenue of RMB 1.546 billion (up 5.19% year over year), with a net profit attributable to shareholders of -RMB 45 million and a non‑GAAP net profit attributable to shareholders of -RMB 53 million.
Net profit surges 368% as analog chip sector sees collective breakout
Prices have risen again this year.
Express News | Analog chip concept stocks fluctuate higher; 3PEAK rises over 10%
In early trading, analog chip concept stocks fluctuated higher, with 3PEAK surging more than 10%. Novosense, SGMicro, Kungsemi, Southchip, MEMSensing Microsystems, and Maxscend led the gains. On the news front, Analog Devices Inc. (ADI), the global leader in analog chips, has issued a formal notice to global distributors and direct customers announcing the second round of price adjustments across its entire product portfolio for the year, effective September 13, 2026. This marks another major pricing action by ADI in 2026, following the first round of adjustments on February 1.
Nanxin Technology: 2026 Semi-Annual Report
Southchip Technology: Summary of the 2026 Semi-Annual Report