In the early trading today, the Chip Concept stocks surged against the trend, with the Chip ETF (159995) once rising nearly 2%. As for major holdings, Haiguang Information soared over 14%, setting a historical record. In news, TechInsights released the "2025 Semiconductor Manufacturing Market Outlook." TechInsights indicated that due to improvements in terminal demand and price increases, IC sales are expected to grow by 26% in 2025. With more equipment sold, IC sales volume is anticipated to jump by 17%. Next year, the semiconductor equipment market is expected to see robust growth, with a projected increase of 19.6%. Ping An Securities believes that under the guidance of national policies and financial support, domestic enterprises' independent innovation capabilities will further improve. In the long run, the demand for domestic production of core technologies such as semiconductors is becoming more pronounced, and domestic Industry Chain companies have a strong willingness to increase their localization rates, providing more opportunities for domestic semiconductor enterprises. It is recommended to pay attention to the market potential brought by the introduction of domestic equipment and materials.