Driven by AI, the storage industry welcomes a super boom cycle and technological upgrades; Guotai Technology Innovation Chip ETF enables one-click layout of full-scenario domestic "chip"

AI · How the Surge in AI Server Storage Demands Accelerates Domestic Chip Technology Upgrades

As of the close on March 23, 2026, the Shanghai STAR Market Chip Index fell by 4.90%. The Guotai Sci-Tech Chip ETF (589100) latest price is 1.47 yuan.

In recent news, the AI-driven super boom in storage has fully begun, leading to a fundamental shift in industry supply and demand patterns. Pacific Securities analysts point out that AI servers’ storage needs are 8–10 times those of traditional servers. By 2026, the industry’s overall share of data center DRAM and NAND bit TAM will surpass 50% for the first time. Micron’s HBM4 36GB 12H products have been mass-produced and shipped in Q1 2026, with a faster yield maturation than HBM3E. The 48GB 16H version has been sampled, and HBM4E R&D is progressing smoothly with mass production expected in 2027. Its PCIe Gen6 SSD is also in large-scale production, marking the rapid deployment of high-bandwidth, high-capacity, low-latency storage infrastructure.

Moreover, in the AI era, storage has become a strategic infrastructure, with technological evolution shifting from single chips to system-level collaborative acceleration. Guosheng Securities notes that NVIDIA’s Vera Rubin platform integrates seven core chips, including Rubin GPU, Vera CPU, Groq 3 LPU, and NVLink 6 Switch, forming a heterogeneous computing architecture optimized for inference. The LPU, with 500MB on-chip SRAM and 150TB/s bandwidth, is dedicated to the decode stage. When working with GPUs, it boosts inference throughput per watt by 35 times. This paradigm shift means the focus of computing power competition is moving from training scale to token production efficiency and cost-effectiveness, driving demand for HBM, advanced packaging, high-speed interconnects, and reliable storage.

As of March 20, the Guotai Sci-Tech Chip ETF (589100) has increased by 7.07% over the past six months, ranking among the top three comparable funds. In terms of profitability, as of March 20, 2026, since its inception, the ETF’s highest monthly return was 34.67%. The longest consecutive growth streak was four months, with a maximum cumulative increase of 72.96%. The ratio of months with gains to months with losses is 7/4. The average monthly return during rising months is 12.17%, with a monthly profit percentage of 63.64% and a monthly profit probability of 60.83%. Historically, the probability of profit over six months of holding is 100%.

Data shows that as of February 27, 2026, the top ten holdings of the Shanghai STAR Market Chip Index are HiSilicon, Lianchuang Technology, SMIC, Microchip, Cambrian, ChipX, Tuojing Technology, Baiwei Storage, Huahong Company, and Huahai Qingke, accounting for 58.09% of the total.

The Guotai Sci-Tech Chip ETF (589100) offers a one-click solution to layout the entire domestic “core chip” ecosystem, covering the full industry chain and all categories of domestic chips.

Guotai Sci-Tech Chip ETF (589100) external connection options: Guotai Shanghai STAR Market Chip ETF Launch Connection A: 024853; Launch Connection C: 024854.