智通财经APP获悉，中银国际发布研报称，维持华虹半导体(01347)“买入”评级，目标价由30.1港元升至42.5港元。尽管关税的不确定性仍然存在，该行依然对华虹保持积极看法，因为有多个正面催化因素，包括新兴的AI需求、关税促使国内市场需要新的替代品，以及附属上海华力的潜在整合。
该行称，华虹今年首季度业绩令人失望，虽然收入符合预期，但毛利率环比跌2.1个百分点，反映定价挑战持续以及较高的折旧费用。集团指引今年次季毛利率为7%至9%，较市场预期低4个百分点，意味着竞争环境更为激烈，尽管Fab9项目扩产亦是原因之一。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.