Haieng Investment Consulting "DK Smart Investment" Teachers: Zhu Chao, Xu Xiyao, Pan Wenlong, Ye Hailin, Yang Shaokai, Yuan Songtao, Wu Jian, Ouyang Xiaozhi, Zhao Xing, Huang Fei, Song Luyi, etc. "
1. Market Analysis
The market opened today and opened low, which seemed very unfriendly. Yesterday, the performance of several big white horses was very unsatisfactory. Yili shares, Goertek shares directly hit the limit , Shanghai Stock Exchange 50 followed the trend and could hardly see the leading sector, and the afternoon with Moutai, Ningde and other super weights comprehensive kill . stock opportunity collapsed and fell. The opportunity did not resist and broke the previous low. From this position, it is likely to challenge the low point of 2863. It is likely that it is not a low point in the short term. You need to control the position and do not chase highs. From the sector, we see that EDA is strong. It is worth paying attention to here. Here is a logical disassembly.
2. EDA logic disassembly:
EDA (Electronic) Design Automation, that is, electronic design automation, is the source of the integrated circuit industry (IC), and is called the mother of chips.
semiconductor is a wider range, and chips and integrated circuits are generally not distinguished in concept. EDA refers to computer software used to assist in completing the entire process of ultra-large-scale integrated circuit chip design, manufacturing, packaging and testing. It is at an upstream position in the integrated circuit (semiconductor IC) industry chain, controlling the chip design and production of the entire midstream, and playing a role in It has a key decisive role.
Business model: EDA's business model is to regularly update software and re-authorize. The downstream customers of EDA tool manufacturers are chip design factories, and their business model is to provide EDA tools and development support services based on regular authorization.
Policy support: In December 2021, senior analysis and research on economic work in 2021. The meeting pointed out that strengthening national strategic scientific and technological strength and enhancing the industrial chain and supply chain independent and controllable capabilities . Coordinate the promotion of filling in the gaps and forging strengths, implement key core technology research projects to address weak links in the industry, solve a number of "bottleneck" problems as soon as possible, work hard in the areas of industrial advantages, and create more unique skills. EDA is a part of being "bottleneck". The country has also formulated corresponding policies to support and encourage the development of EDA's domestic production.
The US EDA export restrictions and ban creates market space for China's domestic EDA: On August 12, the US Department of Commerce Industry and Security Bureau (BIS) issued temporary final rules. The ban is necessary for integrated circuits with GAAFET (surround gate field effect transistor) structure. The domestic EDA market is occupied by the three international giants. In the face of the ban, the three giants will withdraw from the market, providing space for the development of domestic EDA to a certain extent.
market fluctuations and differentiation, and many topics may not be continuated. Logical strong sectors need to pay attention to, the sector valuation is reasonable, and there is an opportunity to start. You can focus on
