The Zhitong Finance App learned that semiconductor stocks rebounded strongly. As of press release, Huahong Hongli (01347) rose 11.69% to HK$159.6; GigaYi Innovation (03986) rose 10.97% to HK$592; SMIC (00981) rose 5.88% to HK$73.85; and Tianshui (09903) rose 7.99% to HK$561.
According to the news, the computing power industry chain has recently been heavily catalyzed, and the AI company Dark Side of the Moon officially released the new generation Kimi K3, a large open source model. A subsequent announcement was issued stating that since the number of user requests greatly exceeded expectations within 48 hours after the release of the latest large model version, K3, and was approaching the current cluster carrying limit, the company will now suspend new C-side user subscriptions. Furthermore, Changxin Technology is about to go public, Changjiang Storage's listing process is progressing steadily, and the pace of domestic storage expansion is speeding up.
Western Securities believes that this round of AI and storage boom resonates, along with the continuous improvement of the technical strength of domestic manufacturers, the process of localizing computing power and memory chips is expected to be further accelerated. The capital expenditure for domestic computing power and storage will be transmitted upward along the industrial chain, which in turn will drive the growth of the foundry and semiconductor equipment industry, and is optimistic about domestic computing power and investment opportunities in wafer foundry and semiconductor equipment.