AI Chip Concept Stocks Watch | AI Computing Power Demand Drives Global Wafer Fab Equipment Investment; Hua Hong Semiconductor Limited (01347.HK) Share Price Rises Nearly 7%

NewTimeSpace (newtimespace.com) News: On June 17, 2026, the chip sector fluctuated and strengthened. The share price of

Hua Hong Semiconductor Limited(01347.HK) rose substantially. As of 13:44 PM, the company's share price was quoted at HK$156.200, up 6.48%.

On the news front, memory giant SK Hynix has recently notified its major suppliers of a massive production expansion plan. The target is to nearly double its monthly DRAM wafer capacity from the current approximately 550,000 wafers to around 1 million wafers between 2030 and 2031.

GF Securities stated that AI computing power demand is simultaneously driving continuous upward revisions in global Wafer Fab Equipment (WFE) investment along two main tracks: HBM/DRAM production expansion and advanced logic process upgrades. Combined with the rising urgency for independent controllability, the logic for domestic substitution is being further reinforced.

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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