Market Insight | Semiconductor stocks rise in the afternoon, global semiconductor equipment sales to reach a new high, Taiwan Semiconductor may raise wafer prices by 10% next year

Semiconductor stocks rose in the afternoon. As of the time of publication, Shanghai Fudan rose by 3.04% to HKD 12.88; Hua Hong Semiconductor rose by 2.83% to HKD 23.6; China Electronics Huada Technology rose by 1.68% to HKD 1.21; and SMIC (Semiconductor Manufacturing International Corporation) rose by 0.88% to HKD 18.32. On the news front, according to a report by SEMI, the total global semiconductor equipment sales in 2024 are expected to reach $109 billion, a year-on-year increase of 3.4%. The report indicates that this will set a new industry record. It also predicts that driven by the growth of the front-end and back-end market segments, semiconductor manufacturing equipment sales will continue to rise in 2025, reaching a new high of $128 billion. In addition, Taiwan Semiconductor Manufacturing Company (TSMC) may raise wafer prices by 10% in 2025. Due to the high demand for advanced processors in consumer electronics and high-performance computing, TSMC plans to increase wafer prices for all types of customers in 2025. Shanxi Securities pointed out that semiconductor sales are expected to grow by 80% in the next decade. The rapid development of AI technology is driving the semiconductor industry towards the $1 trillion mark, which is expected to surpass this milestone in 2030