Changes in Hong Kong stocks | Most chip stocks are higher, Huahong Semiconductor (01347) rose more than 4%, and SMIC (00981) rose more than 3%

The Zhitong Finance App learned that most chip stocks were higher. As of press release, Huahong Semiconductor (01347) rose 4.01% to HK$79.1; SMIC (00981) rose 3.58% to HK$72.25; and Shanghai Fudan (01385) rose 3.14% to HK$42.02.

According to the news, according to the latest data from the American Semiconductor Industry Association (SIA), global semiconductor sales surged 33% year on year in October, totaling 71.3 billion US dollars (about 504 billion yuan), of which DRAM sales soared 90% year over year. Analysts believe that the biggest driving force behind this is that artificial intelligence (AI) is driving a surge in demand, and large industrial production capacity is shifting to high-bandwidth memory (HBM) for AI accelerators, leading to a decrease in wafer output for standard DRAM and 3D NAND.

Dongguan Securities believes that looking ahead to 2026, the bank believes that artificial intelligence is still the main line of innovation in the technology industry, and that various aspects such as computing power, memory, equipment, and advanced packaging are expected to benefit. Take computing power chips as an example. In recent years, domestic AI chip companies have developed rapidly and achieved phased results in domestic substitution. Companies such as Moore and Mu Xi have accelerated their capital market layout, and Internet vendors such as Tencent are actively adapting to domestic computing power chips, and the formation of a domestic computing power ecosystem in the industry is expected to accelerate. On the one hand, focus on the incremental semiconductor hardware opportunities brought about by AI, and on the other hand, focus on the domestic replacement process for computing power, storage, and equipment under external restrictions.