Semiconductor foundry leaders saw gains in early trading. As of the latest update, HUA HONG SEMI (01347) rose 8.07% to HK$164.7, while SMIC (00981) increased 4.69% to HK$89.2. Reports on May 27 indicate that Taiwan Semiconductor Manufacturing (TSMC) plans to raise prices for its 3-nanometer process by up to 15% in the second half of the year, with further increases of 5% to 10% possible next year. This marks another key signal amid the current supply-demand tightness for advanced processes. Previously, Huawei officially announced that its new Kirin chips, set for release in autumn 2026, will incorporate logic folding technology, enabling large-scale commercial use. Analysts note that the semiconductor industry cycle has reached an inflection point, with domestic substitution and AI innovation driving sustained growth. Recommendations include focusing on leading companies in equipment, materials, and design segments.