AI Chip Concept Stocks Watch | HUA HONG GRACE (01347.HK) Rises 1.36%; Domestic Memory Chip Industrial Chain Welcomes a Round of Historic Development Opportunities

NewTimeSpace (newtimespace.com) News: On June 12, 2026, HUA HONG GRACE (01347.HK) opened higher but subsequently retraced during morning trading. As of 14:30 PM, the company's share price was quoted at HK$141.200, up 1.36%.

On the news front, the latest data released by Semiconductor Equipment and Materials International (SEMI) shows that in the first quarter of 2026, global semiconductor equipment sales reached USD 36.55 billion, representing a quarter-on-quarter increase of 1% and a year-on-year increase of 14%, setting a historical high for a single quarter. SEMI stated that the semiconductor equipment market in the first quarter of this year continued to benefit from the investment boom in the artificial intelligence sector. Global semiconductor enterprises have ramped up production expansion and advanced technological upgrades. Relevant investments were primarily directed toward advanced logic processes, dynamic random-access memory (DRAM), and advanced packaging sectors, continuously driving the scale of the equipment market higher.

Ajlan Securities stated that the domestic memory chip industrial chain will welcome a round of historic development opportunities. The specific segments of the industrial chain include memory chip modules, memory chip packaging and testing, memory chip manufacturing, as well as upstream related equipment and materials.

HUA HONG GRACE (01347.HK)Specializes in specialty process wafer foundry, offering customized manufacturing of power discretes, embedded non-volatile memory, analog and power management ICs. Its 8-inch and 12-inch production lines serve automotive, industrial control and data center power management applications. The company holds multiple automotive-grade quality certifications and provides mass production foundry services to various domestic and international automotive clients. Its overall capacity utilization has remained high over an extended period.

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