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01.04.26 - 14:06
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China′s Nexchip files for Hong Kong listing as chip expansion race heats up (SCMP)
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China's third-largest chip foundry, Nexchip Semiconductor, filed for a Hong Kong listing on Tuesday as domestic wafer fabs race to expand production capacity amid surging artificial intelligence demand and Beijing's push for greater chip self-sufficiency.
Nexchip, a smaller rival to SMIC and Hua Hong Semiconductor, is seeking a dual listing in Shanghai and Hong Kong, signalling the state-backed foundry's latest effort to strengthen its position in China's mature-node chipmaking sector.
The move......
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16.03.26 - 08:15
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HUA HONG SEMI Soars ~6% on Report of Preparing to Produce 7nm Chips (AAStocks)
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Hua Hong Group has developed advanced 7nm chip manufacturing technology for AI chips, marking a significant milestone in China's efforts to enhance technological self-sufficiency, Reuters reported, citing sources.Following the news, HUA HONG SEMI (01347.HK) once surged to a peak of HKD39. It last traded at HKD93.15, up 5.85%......
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16.02.26 - 05:15
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Research: UBS Elevates HUA HONG SEMI TP to $104, Raises EPS Forecast (AAStocks)
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HUA HONG SEMI (01347.HK)'s 4Q25 sales increased by 4% QoQ to approx. US$660 million, reaching the high end of the Company's guidance of US$650-660 million, according to UBS' research report. This growth was driven by increased wafer shipments and higher average selling prices. During the period, its gross margin fell......
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13.02.26 - 06:36
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Hua Hong says memory shortage ′positive′ for pricing as it reports record quarterly sales (SCMP)
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Chinese foundry Hua Hong Semiconductor said the global memory shortage was an opportunity to raise prices on its logic chips, as it reported record revenue for the fourth quarter of 2025.
On its earnings call on Thursday, Hua Hong chairman and president Bai Peng said the memory supercycle was “a positive thing” as it gave the company room to raise prices on logic chips.
“Memory certainly is in high demand nowadays, and that will reduce the supply on the logic side,” Bai said, adding that “if the......
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