Hua Hong Semiconductor (01347) is currently down more than 4%. As of the publication, it has fallen by 3.09%, with a price of 20.4 Hong Kong dollars and a turnover of 0.101 billion Hong Kong dollars.
According to the Wisdom APP, Hua Hong Semiconductor (01347) is currently down more than 4%. As of the publication, it has fallen by 3.09%, with a price of 20.4 Hong Kong dollars and a turnover of 0.101 billion Hong Kong dollars.
On the news front, on June 18th, SEMI released a report that the global semiconductor manufacturing capacity is expected to grow by 6% in 2024 to keep up with the continuous growth of chip demand, and achieve 7% growth in 2025, reaching a historical high of 33.7 million wafers per month. Among them, the production capacity of 5 nanometers and below nodes is expected to grow by 13% in 2024, mainly driven by data center training, inference, and the generation of AI for frontier devices.
In addition, according to SEMI's prediction, Chinese chip manufacturers are expected to maintain double-digit growth in production capacity, despite potential risks. Major manufacturers including Hua Hong Group, JHICC, Sanechips, SMIC, and Changxin Storage are investing heavily to increase production capacity.