On July 13, SMIC rose 3.08% in regular trading, trading at HK$82.25/share, with turnover of HK$1.172 billion. The stock rebounded after the semiconductor sector experienced a technical pullback in the previous session.

On the news front, wafer foundry price hike expectations continue to intensify. TSMC plans to raise its 3nm process node pricing by up to 15% in the second half, while mature-node foundries have seen supplementary order surcharges approaching 20% in Q2, with capacity utilization running at full levels. Additionally, the World Artificial Intelligence Conference is scheduled for July 17-20 in Shanghai, boosting market expectations for computing infrastructure buildout in H2. SMIC, as a core domestic foundry for AI chips, stands as a direct beneficiary.

Within the Semiconductors sector, GIGADEVICE down 7.47%, HUA HONG GRACE up 1.08%, ILUVATAR COREX up 3.32%, MONTAGE TECH up 2.17%, BIREN TECH up 0.04%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)