--- title: "UBS: CN Said to Launch RMB2T AI Infra Plan; SMIC, HUA HONG GRACE to Benefit" type: "News" locale: "en" url: "https://longbridge.com/en/news/289270560.md" description: "UBS reports China plans a RMB2 trillion (USD295 billion) five-year investment in domestic AI infrastructure, led by the NDRC. This initiative aims to boost AI capabilities and reduce reliance on US technology. Beneficiaries include telecom operators like China Mobile and Telecom, as well as semiconductor firms such as SMIC, Hua Hong Grace, Montage Tech, and equipment suppliers like NAURA and AMEC." datetime: "2026-06-10T04:10:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289270560.md) - [en](https://longbridge.com/en/news/289270560.md) - [zh-HK](https://longbridge.com/zh-HK/news/289270560.md) --- # UBS: CN Said to Launch RMB2T AI Infra Plan; SMIC, HUA HONG GRACE to Benefit China is reportedly planning to invest approximately RMB2 trillion (equivalent to about USD295 billion) over the next five years to build data centers nationwide, aiming to enhance its AI capabilities and wrestle with the US, UBS said in its report. The plan is expected to be led by the National Development and Reform Commission and will emphasize the use of domestic technology. Chinese operators, including CHINA MOBILE (00941.HK) 0.000 (0.000%) Short selling $195.58M; Ratio 22.857% and CHINA TELECOM (00728.HK) +0.130 (+2.642%) Short selling $25.12M; Ratio 12.077% , as well as domestic chip suppliers such as Huawei, are anticipated to participate. Within its coverage universe, UBS forecast semiconductor companies in the core and peripheral AI chip manufacturing supply chain to benefit. MONTAGE TECH (06809.HK) \-18.200 (-5.050%) Short selling $221.72M; Ratio 18.354% , as a key enabler of high-speed interconnect; SMIC (00981.HK) \-2.300 (-3.067%) Short selling $1.22B; Ratio 17.011% , as an important foundry partner for core accelerators; and HUA HONG GRACE (01347.HK) \-0.600 (-0.428%) Short selling $834.90M; Ratio 16.986% , as a major foundry supplier of AI-related power semiconductors, are seen as beneficiaries. Front-end wafer equipment suppliers, including NAURA (002371.SZ) +4.190 (+0.679%) , AMEC (688012.SH) +7.960 (+2.793%) and ACM SHANGHAI (688082.SH) \-3.000 (-1.137%) , are expected to support capacity expansion. CHANG ELEC TECH (600584.SH) \-1.290 (-1.713%) ranks among domestic leaders in advanced packaging. Testing equipment providers, including CHANGCHUAN TECHNOLOGY (300604.SZ) +17.830 (+8.382%) and HUAFENG TEST&CONTROL (688200.SH) +5.240 (+1.132%) , are poised to ride on volume growth of domestically produced GPUs and strong demand for AI power management ICs. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-09 16:25.) (A Shares quote is delayed for at least 15 mins.) ### Related Stocks - [00941.HK](https://longbridge.com/en/quote/00941.HK.md) - [601728.CN](https://longbridge.com/en/quote/601728.CN.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [688008.CN](https://longbridge.com/en/quote/688008.CN.md) - [688347.CN](https://longbridge.com/en/quote/688347.CN.md) - [06809.HK](https://longbridge.com/en/quote/06809.HK.md) - [00728.HK](https://longbridge.com/en/quote/00728.HK.md) - [01347.HK](https://longbridge.com/en/quote/01347.HK.md) - [002371.CN](https://longbridge.com/en/quote/002371.CN.md) - [688012.CN](https://longbridge.com/en/quote/688012.CN.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [600941.CN](https://longbridge.com/en/quote/600941.CN.md) - [UBS.US](https://longbridge.com/en/quote/UBS.US.md) - [688082.CN](https://longbridge.com/en/quote/688082.CN.md) - [600584.CN](https://longbridge.com/en/quote/600584.CN.md) - [300604.CN](https://longbridge.com/en/quote/300604.CN.md) - [688200.CN](https://longbridge.com/en/quote/688200.CN.md) - [HCMD.SG](https://longbridge.com/en/quote/HCMD.SG.md) - [80941.HK](https://longbridge.com/en/quote/80941.HK.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) ## Related News & Research - [China’s SMIC plans expansion as AI-related chip demand beats forecasts](https://longbridge.com/en/news/295893913.md) - [Huatai Securities Keeps Their Buy Rating on Hua Hong Semiconductor Ltd. (1347)](https://longbridge.com/en/news/296183099.md) - [China's SMIC says AI "spillover effects" boosting peripheral chip prices](https://longbridge.com/en/news/296130692.md) - [New Buy Rating for Semiconductor Manufacturing International (0981), the Technology Giant](https://longbridge.com/en/news/296193427.md) - [China Mobile Sets 2026 Interim Dividend and Details Tax Treatment for Hong Kong Shareholders](https://longbridge.com/en/news/295859044.md)