China's Semiconductor Sector Poised for Growth as Memory Market Expands Capacity -- Market Talk

Dow Jones

昨天

1106 GMT - China's semiconductor industry is expected to benefit from favorable memory market dynamics through 2026, Frank He and Cara Su of HSBC Qianhai Securities say in a note. NAND supply is likely to remain tight due to strict utilization controls by major suppliers. DDR5 DRAM prices could rise further, supported by AI server demand, while the DDR4 chip shortage may persist as major suppliers phase out production, they add. Rising prices and the push for local manufacturing are driving capacity expansion by memory leaders Yangtze Memory Technologies and CXMT, which should benefit domestic supply-chain companies, particularly equipment makers. HSBC's top sector picks are buy-rated GigaDevice, AMEC and Naura. (jason.chau@wsj.com)

(END) Dow Jones Newswires

October 13, 2025 07:06 ET (11:06 GMT)

应版权方要求，你需要登录查看该内容

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2575408301"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2575408301\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2575408301?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-13 19:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2575408301","market":"other","top_or_hot":-1,"title":"China's Semiconductor Sector Poised for Growth as Memory Market Expands Capacity -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1106 GMT - China's semiconductor industry is expected to benefit from favorable memory market dynamics through 2026, Frank He and Cara Su of <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> Qianhai Securities say in a note. NAND supply is likely to remain tight due to strict utilization controls by major suppliers. DDR5 DRAM prices could rise further, supported by AI server demand, while the DDR4 chip shortage may persist as major suppliers phase out production, they add. Rising prices and the push for local manufacturing are driving capacity expansion by memory leaders Yangtze Memory Technologies and CXMT, which should benefit domestic supply-chain companies, particularly equipment makers. HSBC's top sector picks are buy-rated GigaDevice, AMEC and Naura. (jason.chau@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 13, 2025 07:06 ET (11:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Semiconductor Sector Poised for Growth as Memory Market Expands Capacity -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Semiconductor Sector Poised for Growth as Memory Market Expands Capacity -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-13 19:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1106 GMT - China's semiconductor industry is expected to benefit from favorable memory market dynamics through 2026, Frank He and Cara Su of <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> Qianhai Securities say in a note. NAND supply is likely to remain tight due to strict utilization controls by major suppliers. DDR5 DRAM prices could rise further, supported by AI server demand, while the DDR4 chip shortage may persist as major suppliers phase out production, they add. Rising prices and the push for local manufacturing are driving capacity expansion by memory leaders Yangtze Memory Technologies and CXMT, which should benefit domestic supply-chain companies, particularly equipment makers. HSBC's top sector picks are buy-rated GigaDevice, AMEC and Naura. (jason.chau@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 13, 2025 07:06 ET (11:06 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGXZ49509284.SGD","symbol_name":"United China A Shares Innovation A Acc SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2575408301","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575408301","pubTimestamp":1760353560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1106 GMT - China's semiconductor industry is expected to benefit from favorable memory market dynamics through 2026, Frank He and Cara Su of HSBC Qianhai Securities say in a note. NAND supply is likely to remain tight due to strict utilization controls by major suppliers. DDR5 DRAM prices could rise further, supported by AI server demand, while the DDR4 chip shortage may persist as major suppliers phase out production, they add. Rising prices and the push for local manufacturing are driving capacity expansion by memory leaders Yangtze Memory Technologies and CXMT, which should benefit domestic supply-chain companies, particularly equipment makers. HSBC's top sector picks are buy-rated GigaDevice, AMEC and Naura. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"603986":"兆易创新","688012":"中微公司","SGXZ49509284.SGD":"United China A Shares Innovation A Acc SGD","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","SOXX":"iShares费城交易所半导体ETF","BK4207":"综合性银行","BK0251":"专用设备","BK0028":"国家队","BK0132":"高送转概念","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","BK0125":"芯片国产化","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","BK1610":"ETF&股票定投概念","HSHD.SI":"HSBC HK SDR 5to1","03143":"华夏香港银行股","LU1820825898.SGD":"Aberdeen Standard SICAV I - China A Share Equity A Acc SGD-H","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","BK0188":"融资融券","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","LU1997245177.USD":"安联神洲A股基金","LU0823437842.USD":"PARVEST GREEN TIGERS \"C\" (USD) INC","LU0516422366.SGD":"Fullerton Lux Funds - Asia Focus Equities A Acc SGD","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0540923850.HKD":"ALLIANZ HONG KONG EQUITY \"A\" (HKD) INC","SMH":"半导体指数ETF-HOLDRs","HSBA.UK":"汇丰控股有限公司","LU1481107354.HKD":"HSBC GIF HONG KONG EQUITY \"AD\" (HKD) INC","LU0634319403.HKD":"ALLIANZ HONG KONG EQUITY \"AT\" (HKD) ACC","00005":"汇丰控股","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","BK1231":"综合性银行","LU2506952253.HKD":"BNP PARIBAS GREEN TIGERS \"CRH\" (HKD) ACC","BK4521":"英国银行股","HSBC":"汇丰","002371":"北方华创","BK0214":"IT设备","BK1572":"香港银行股","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4588":"碎股","LU1969619763.USD":"EASTSPRING INV CHINA A SHARES GROWTH \"A\" (USD) ACC"},"translate_title":"随着存储器市场产能扩张，中国半导体行业有望增长——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"603986":0.9,"688012":0.9,"00005":0.75,"002371":0.9,"03143":0.6,"HSBA.UK":0.6,"HSBC":0.9,"HSHD.SI":0.6,"SMH":0.6,"SOXX":0.6},"content_text":"1106 GMT - China's semiconductor industry is expected to benefit from favorable memory market dynamics through 2026, Frank He and Cara Su of HSBC Qianhai Securities say in a note. NAND supply is likely to remain tight due to strict utilization controls by major suppliers. DDR5 DRAM prices could rise further, supported by AI server demand, while the DDR4 chip shortage may persist as major suppliers phase out production, they add. Rising prices and the push for local manufacturing are driving capacity expansion by memory leaders Yangtze Memory Technologies and CXMT, which should benefit domestic supply-chain companies, particularly equipment makers. HSBC's top sector picks are buy-rated GigaDevice, AMEC and Naura. (jason.chau@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 13, 2025 07:06 ET (11:06 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}