天风证券此前表示，本轮周期上行预计AI是主要驱动力。预计上半年行业库存回到正常水位，部分环节也有望优先开始补库存。中原证券也指出，目前半导体行业处于周期底部区域，估值低于近十年中位值。消费类需求在逐步复苏中。Huahong Semiconductor (01347) is now up nearly 5%. As of press release, it has risen 4.97% to HK$15.2, with a turnover of HK$67.984 million.
The Zhitong Finance App learned that Huahong Semiconductor (01347) is now up nearly 5%. As of press release, it has risen 4.97% to HK$15.2, with a turnover of HK$679.584 million.
According to the news, Counterpoint Research previously released a semiconductor foundry service report. Following a sharp decline in 2023, it is expected that the foundry industry will resume growth in 2024 as inventories continue to normalize. Strong demand for artificial intelligence and a moderate recovery in terminal demand will be the main growth drivers for the industry in 2024. Zhongtai Securities pointed out that the first quarter is usually the lowest season for the foundry industry in the whole year. It is expected that in the second and third quarter, with the arrival of summer production such as 6.18, the operating rate of the industry will pick up, and business conditions are expected to improve.
Tianfeng Securities previously stated that AI is expected to be the main driving force for the upward trend in this cycle. Industry inventories are expected to return to normal levels in the first half of the year, and some sectors are also expected to prioritize inventory replenishment. Zhongyuan Securities also pointed out that currently the semiconductor industry is at the bottom of the cycle, and the valuation is lower than the median value of nearly ten years. Consumer demand is gradually recovering.
