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Chip stocks initially performed well with Semiconductor Manufacturing International Corporation (00981) rising by 2.19%. Institutions indicate that the Semiconductors Industry is already in the recovery stage.
Jinwu Financial News | At the beginning of trading, chip stocks are performing well. As of the time of publication, ASMPT (00522) is up 3.55%, HUA HONG SEMI (01347) is up 2.73%, Semiconductor Manufacturing International Corporation (00981) is up 2.19%, SHANGHAI FUDAN (01385) is up 1.43%, and Siasun Robot&Automation (09660) is up 1.06%. In terms of news, Ping An Securities released a report on the semiconductor Industry, which indicates that driven by strong demand for AI, the Global semiconductor market revenue is expected to reach 177.8 billion USD in the third quarter of 2024, representing a 26% year-on-year increase and an 8.5% quarterly increase. Looking ahead for the year, it is estimated that 202
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Hong Kong stock movement | Horizon Robotics-W (09660) rises nearly 5% again, Goldman Sachs expects the "Journey 6" series to contribute revenue starting next year.
Horizon Siasun Robot&Automation-W (09660) rose nearly 5% again, as of the press time, up 4.44%, reported at 3.76 Hong Kong dollars, with a transaction amount of 62.8606 million Hong Kong dollars.
Chip stocks generally rose, Semiconductor Manufacturing International Corporation (00981) increased by 4.97%, Institutions expect IC sales to grow by 26% in 2025.
Jinwu Finance News | Chip stocks generally rose. As of the time of writing, Semiconductor Manufacturing International Corporation (00981) is up 4.97%, HUA HONG SEMI (01347) is up 3.55%, Siasun Robot&Automation (09660) is up 3.06%, and SHANGHAI FUDAN (01385) is up 2.07%. On the news front, TechInsights released the 2025 semiconductor manufacturing market outlook, forecasting a 26% increase in IC sales by 2025 due to improvements in end-user demand and rising prices. With the increase in sold equipment, IC sales are expected to jump by 17%, which will also drive a corresponding 17% growth in silicon demand.
Big Dipper OP : Harvested again.