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Market Chatter: Huawei Targets Mass Production of Latest AI Chip by Q1 2025
Express News | Exclusive-China's Huawei Aims to Start Mass-Producing New Ascend 910C AI Chip in First Quarter of 2025 - Sources
After ten years since its establishment, semiconductor manufacturing international corporation's industry chain company Jimxi has started IPO guidance, with investments from sai microelectronics inc. and shanghai semiconductors fund.
① Jimxi's main clients include semiconductor manufacturing international corporation, hongli, HLMC Huāli microelectronics, and others; ② Jimxi has provided customized equipment and process solutions of hundreds of models and specifications to over 100 domestic wafer fabs, with main equipment covering full wafer sizes of 6-inch, 8-inch, and 12-inch.
Hong Kong stocks are moving | Semiconductor stocks are rising, hg semi (06908) is up over 7%, semiconductor manufacturing international corporation (00981) is up over 3%.
Semiconductor stocks rose during the trading session, as of the time of publication, hg semi (06908) rose by 7.55%, to 0.57 Hong Kong dollars; semiconductor manufacturing international corporation (00981) rose by 3.4%, to 27.35 Hong Kong dollars; solomon systech (02878) rose by 1.02%, to 0.495 Hong Kong dollars.
The number of pre-orders for the Huawei Mate 70 exceeds 2.1 million, and smartphone industry stocks collectively surge. Fit hon teng (06088) rises by 7.31%.
Jin Wu Finance News | The Huawei Mate 70 series is likely to trigger another buying spree, with stocks in the mobile industry collectively rising: Fit Hon Teng (06088) up 7.31%, Q Tech (01478) up 7.07%, BYD Electronics (00285) up 4.92%, Sunny Optical (02382) up 3.34%, Semiconductor Manufacturing International Corporation (00981) up 2.46%, Hua Hong Semi (01347) up 1.45%.
A-shares and Hong Kong stocks are up, with the gem rising more than 1%, led by photovoltaics, chips, and non-ferrous metals.
PV concept stocks in A-shares rose at the beginning of the market, Suzhou Good-Ark Electronics hit the limit up, Sungrow Power Supply, Deli Technology rose more than 6%, Ginlong Technologies, Suzhou Maxwell Technologies, and Orise Technology quickly followed the upward trend.
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