ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Absolix Launches a New Project to Provide Non-Embedded Glass Substrates

UWIN SEMICONDUCTOR Driven by AI Demand to Expand Capacity, with Gross Margin at 53.4%, Hon Hai Revenues Hit New High

Three Shareholders of Tianyue Advanced Plan to Reduce Holdings by No More Than 2.2%

Shareholders of Tianyue Advanced Plan to Reduce Shares by 10,661,600

NSIG released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 1.084 B (forecast CNY 1.285 B), actual EPS CNY -0.146 (forecast CNY 0.04)

KINGSEMI released FY2026 Q1 earnings on April 29 After-Market BJT, actual revenue CNY 330.59 M, actual EPS CNY 0.02

Guangdong Province Releases 15th Five-Year Industry Plan

Anji Technology released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 723.93 M (forecast CNY 723.93 M), actual EPS CNY 1.23 (forecast CNY 1.15)

Accotest released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 271.81 M (forecast CNY 327.51 M), actual EPS CNY 0.69 (forecast CNY 0.9793)

Skyverse released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 396.02 M, actual EPS CNY -0.21

SICC released FY2026 Q1 earnings on April 28 After-Market (BJT), actual revenue CNY 365.5 M (forecast CNY 413.5 M), actual EPS CNY -0.13 (forecast CNY -0.06)

ACMSH released FY2026 Q1 earnings on April 27 After-Market (BJT), actual revenue CNY 1.476 B (forecast CNY 1.576 B), actual EPS CNY 0.21 (forecast CNY 0.5783)

AMEC released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 2.915 B (forecast CNY 3.144 B), actual EPS CNY 1.47 (forecast CNY 0.8962)

Piotech released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 1.112 B (forecast CNY 1.061 B), actual EPS CNY 2

KINGSEMI to Release FY2026 Q1 Earnings on April 30 After-Market (BJT)

NSIG to Release FY2026 Q1 Earnings on April 30 During-Market (BJT), Forecast Revenue CNY 1.285 B, EPS CNY 0.04

Skyverse to Release FY2026 Q1 Earnings on April 29 After-Market (BJT)

Accotest to Release FY2026 Q1 Earnings on April 29 After-Market (BJT), Forecast Revenue CNY 327.51 M, EPS CNY 0.9793

Anji Technology to Release FY2026 Q1 Earnings on April 29 After-Market (BJT), Forecast Revenue CNY 740.72 M, EPS CNY 1.5

HWATSING released FY2026 Q1 earnings on April 22 During-Market (BJT), actual revenue CNY 1.201 B (forecast CNY 1.173 B), actual EPS CNY 0.7 (forecast CNY 0.96)

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SOXL

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On May 20th, the A-share semiconductor equipment sector erupted again, with the GF Fund Semiconductor Equipment ETF rising over 41%. Changxin Technology's IPO review status has been restored, with an expected fundraising of 29.5 billion yuan and significant performance growth. Yangtze Memory Technologies is also advancing its IPO, with the Wuhan municipal government planning to invest 38 billion USD to expand production. The domestic semiconductor equipment order growth forecast has been revised upward to over 60%, accelerating the industry's expansion cycle and significantly increasing the order growth of leading equipment manufacturers

同壁财经

GF Fund CSI Semiconductor Material Equipment Theme ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

Direxion Semicon Bull 3X

China Southern CSI Semiconductor Industry Custom ETF

Guotai CES Semiconductor Chip Industry ETF

SPDR S&P Semicon

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

ChinaAMC Guozheng Semiconductor Chip ETF

Invesco Semiconductors ETF

Cambricon

CITIC Securities Co., Ltd.

CITIC SEC

AMEC

NAURA

Piotech

CCTech

HWATSING

Skyverse

NSIG

NATA OPTO-ELECT

KFMI

Anji Technology

The dual storage giants' IPO news is frequent, with several semiconductor equipment orders' growth rate revised up to 60%! The semiconductor equipment ETF GF Fund (560780) hit a historical high during trading, aiming for a fourth consecutive rise, with an increase of over 41% in the past month!

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According to Oxford Economics, Asia's chip exports are becoming more resilient to external shocks, with a record divergence between prices and volumes. The Asia chip export index rose 81% in value but only 28% in volume in March. This trend, driven by strong AI-related demand, is expected to contribute significantly to export growth, with semiconductor exports from Taiwan, South Korea, China, Japan, and Singapore increasing by 80% in Q1.

Taipei Times

Harvest CSI All Share Integrated Circuit ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

Guotai CSI All Share Integrated Circuit ETF

iShares Semiconductor ETF

VanEck Semiconductor ETF

Global X Robotics & Artificial

Harvest SSE STAR Chip ETF

China Merchants CSI Semiconductor Industry ETF

iShares Future AI & Tech ETF

E Fund CSI Semiconductor Material & Equipment Thematic ETF

GX ASIA SEMICON

AI exports are armoring trade in Asia: consultants

On May 15, 2026, Huawei unveiled its integrated AIDC strategy at the Global AIDC Industry Summit in Dongguan, emphasizing the importance of energy supply for AI development. Key speakers discussed innovations in power supply, thermal management, and AI-enhanced operations to address the challenges of high-density computing. Huawei aims to lead in the AIDC sector by promoting sustainable and efficient solutions, focusing on maximizing tokens per watt and enhancing reliability through advanced technologies.

prnewswire

14:37 ETHuawei stellt seine Strategie für netzgebundene AIDC vor und gestaltet damit die Zukunft der Branche

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FTXL

CICC has raised HUA HONG SEMI's target price to HKD146, reflecting a 33% increase, driven by optimism in computing power trends and memory upcycle. The company's 1Q26 results met expectations, with a gross margin of 13% and high capacity utilization at 99.7%. Revenue forecasts for 2026 and 2027 have been increased by 2% and 3%, respectively, alongside profit forecasts rising by 14% and 32%. CICC maintains an Outperform rating.

AASTOCKS News

HUA HONG SEMI

First Trust Nasdaq Food & Semicon

CICC

Hua Hong

CICC Raises HUA HONG SEMI  TP to HKD146, Bullish on Computing-Power and Power Synergy Trend and Memory Upcycle

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SMICis optimistic about its operations this year due to strong customer demand and order backlog. The company faces a short supply of power management chips driven by AI demand, leading to order repatriation from overseas. Increased demand for domestic substitution in logic and networking chips, along with price hikes and inventory buildup by customers, further supports this positive outlook.

Hwabao WP CSI HK Connect Information Technology Composite ETF

ICBCCS CNI HK Connect Technology ETF

SMIC

SMIC HK SDR 5to1

SMIC : More Optimistic on Overall Operations This Year; AI Drives Power Management Chip Capacity into Short Supply

00981

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Morgan Stanley analyst maintained a Buy rating on Semiconductor Manufacturing International today and set a price target of HK$85.00.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Semiconductor Manufacturing International has an analyst consensus of Strong Buy, with a price target consensus of HK$86.24.

- Morgan Stanley analyst maintained a Buy rating on Semiconductor Manufacturing International, setting a price target of HK$85.00.  
- The company has an analyst consensus of Strong Buy, with a price target consensus of HK$86.24.  
- This indicates positive expectations from analysts regarding the company’s stock performance.

Tip Ranks

Morgan Stanley

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Semiconductor Manufacturing International (0981): New Buy Recommendation for This Technology Giant

Citi upgraded SMIC, China's largest chipmaker, to Buy, citing strong domestic chip localization and rising AI demand. SMIC reported Q1 revenue of $2.5 billion, up 12% year-on-year, with a gross margin of 20.1%. The company expects Q2 revenue growth of 14-16% and improved margins. Despite challenges like a memory supply crunch and geopolitical tensions, SMIC is positioned to benefit from China's push for technological self-sufficiency.

- Citi upgraded SMIC, China's largest semiconductor company, to Buy, citing strong domestic chip localization, rising AI demand, and improving pricing power.  
- The company reported a first-quarter revenue of $2.5 billion, up 12% year-on-year, with an improved gross margin of 20.1%.  
- SMIC's outlook for the second quarter indicates revenue growth of 14–16% sequentially, bolstered by increasing demand for various chip types amid challenges such as geopolitical tensions and a memory supply crunch.

Investing

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Buy this China chip stock, Citi says

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BOCOM International has raised its target price for HUA HONG SEMI to HKD145, citing improved revenue and gross margin forecasts. The company expects 2Q26 revenue between USD690M and USD700M, with a gross margin of 14%-16%. The report highlights potential price increases for NOR Flash and a significant investment in the 9B fab, which is projected to enhance capacity and ASP growth. BOCOM maintains a Buy rating, anticipating revenue of USD3.51B and USD3.96B for 2027 and 2028, respectively.

Ping An CSI Consumer Electronic Theme ETF

BOCOM International Raises HUA HONG SEMI  TP to HKD145, Lifts Revenue and Gross Margin Forecasts

China's CXMT anticipates first-half revenue of 110-120 billion yuan ($17.62 billion) due to rising memory chip prices driven by AI demand. The company expects a net profit of up to 57 billion yuan, with Q1 revenue soaring over 700% year-on-year to 50.8 billion yuan. CXMT's IPO is closely monitored as a sign of China's advancements in DRAM technology.

Fidelity

China's CXMT expects revenue to surge as memory chip demand soars

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JPMorgan upgraded SMIC to Neutral and raised its target price to HKD67, citing a better-than-expected 1Q gross margin and strong 2Q revenue guidance. Despite anticipated consumer electronics demand weakening in 2H, the bank increased its 2026 and 2027 earnings forecasts by about 15%. The upgrade reflects broader price increases, although risks remain from potential declines in consumer demand.

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF(588170.SH)