The Zhitong Finance App learned that SMIC (00981) rose more than 3%. As of press release, it had risen 3.06% to HK$67.3, with a turnover of HK$2.104 billion.

According to the news, the UBS Research Report points out that as the only wafer foundry in China with 7-nanometer node technical capabilities and mass production experience, SMIC can benefit most from structural artificial intelligence requirements and localization of advanced manufacturing processes. As export controls become manageable and domestic equipment and supply chains mature, SMIC Advanced Logic's production capacity is expected to increase from 26,000 pieces/month by the end of 2025 to 98,000 pieces/month by the end of 2028, and further increase to 166,000 pieces/month in 2030. As China's advanced logic supply is expected to remain tight in the next year or two, production capacity is expected to be close to full utilization, and the average price of advanced node subsidiaries will also rise moderately.

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