Understanding the Market | Chip stocks rebound across the board, reports indicate that Taiwan Semiconductor plans to rai…

Chip stocks rebounded across the board, with significant gains in Hua Hong Semiconductor, SMIC, and others. TSMC plans to raise prices for mature processes in early 2027 and simultaneously adjust its full-year revenue, AI demand, and capital expenditure guidance. Northeast Securities believes that the upward trend in Capex confirms the prosperity of AI, and there is also a shortage in mature processes. Domestic wafer fabs are expected to achieve profit recovery through advanced capacity expansion and price increases in mature processes