Understanding the Market | Semiconductor stocks surged strongly, HUA HONG SEMI rose over 12%, SMIC rose over 7%
Semiconductor stocks surged strongly, with HUA HONG SEMI rising 12.41%, Novosense rising 11.81%, and SMIC rising 7.7%. The semiconductor sector in the U.S. stock market performed brilliantly, with the Philadelphia Semiconductor Index rising for 17 consecutive trading days, setting a record for the longest consecutive increase in history. Texas Instruments' first-quarter financial report was favorable, with its stock price soaring over 19%. The construction of AI infrastructure has driven a surge in demand for server chips, with Intel's first-quarter revenue increasing by 7% year-on-year
According to Zhitong Finance APP, semiconductor stocks have surged strongly. As of the time of publication, Hua Hong Semiconductor (01347) is up 12.41%, trading at HKD 105.5; Novosense (02676) is up 11.81%, trading at HKD 159; SMIC (00981) is up 7.7%, trading at HKD 62.95; and TianShu ZhiXin (09903) is up 3.79%, trading at HKD 433.
On the news front, the semiconductor sector in the U.S. stock market performed impressively, with the Philadelphia Semiconductor Index rising 1.71% on Thursday, marking its 17th consecutive trading day of gains, setting a record for the longest winning streak in history. This was primarily boosted by a positive quarterly earnings report from U.S. chipmaker Texas Instruments, whose stock surged over 19%, the largest single-day increase in nearly 26 years. Additionally, driven by the surge in demand for server chips due to the AI infrastructure construction wave, Intel's quarterly revenue grew by 7% year-on-year, reaching USD 13.6 billion, and the company stated that customer demand is enormous, focusing all efforts on expanding its factory capacity.
It is worth noting that the DeepSeek WeChat public account announced this morning that the DeepSeek website has launched the deepseek-v4 interface and model introduction, including deepseek-v4-flash and deepseek-v4-pro. DeepSeek-V4 features a super long context of millions of words, achieving domestic and open-source leadership in agent capabilities, world knowledge, and reasoning performance. Shanxi Securities previously pointed out that domestic large models like DeepSeek v4 are expected to natively adapt to domestic computing power, and with strong supply and demand, the demand for domestic chips for domestic communication chip solutions is becoming more urgent
