Chip stocks demonstrated robust activity in trading. As of press time, ASMPT (00522) surged 6.33% to HK$84; SMIC (00981) climbed 3.37% to HK$75.05; HG SEMI (06908) advanced 1.72% to HK$0.59; and HUA HONG SEMI (01347) gained 0.82% to HK$61.4.

On the news front, expectations for semiconductor silicon wafer price increases continue to intensify, with overseas companies including GlobalWafers, SUMCO, SAS, and Wafer Works experiencing significant stock price rallies recently.

A recent research report from Dongguan Securities highlighted that policies are strongly favoring the localization of AI computing chips. Meanwhile, cloud service providers including ByteDance, Alibaba, and Tencent have successively increased their capital expenditures and are actively adopting mainstream domestic chips.

According to reports, Alibaba and Baidu have begun utilizing internally developed chips for AI large model training to replace some Nvidia chips, suggesting that the domestic computing power ecosystem is poised for accelerated development.

Beyond AI computing chips, segments including advanced process foundry services, memory, and advanced packaging are also expected to benefit from these trends.