AI Chip Concept Stocks Watch | TSMC Announces Price Hike for Wafer Foundry Services; SMIC (00981.HK) Surges Nearly 10%

NewTimeSpace (newtimespace.com) News: On June 24, 2026, the chip sector strengthened as SMIC (00981.HK) surged significantly. As of 13:21 PM, the company's share price was quoted at HK$85.600, up 9.96%.

On the news front, on June 24, TSMC announced a price hike for its wafer foundry services, covering all advanced nodes including 3nm, 7nm, and below, with an overall increase of approximately 5%-10%, impacting around 75% of its wafer revenue. TrendForce data shows that the supply of mature-node DRAM remains tight, with DDR2 contract prices rising by 55%-60% in the second quarter, and expected to increase by another 35%-40% in the third quarter.

CICC pointed out that as the core cornerstone of hard tech, the STAR Market chip sector is unleashing robust earnings growth, driven by the resonance of the AI computing power explosion, accelerated domestic substitution, and the recovery of downstream demand. With policy dividends and high industry prosperity aligning, the medium-to-long-term allocation value is prominent. However, investors need to "evaluate cautiously and select the best," focusing on AI computing power infrastructure and semiconductor equipment segments that offer high earnings certainty.

SMIC (00981.HK)Provides IC wafer foundry and related technical services. It is the largest pure-play wafer foundry in China by capacity and offers the broadest coverage of process nodes. Its mature and select advanced process lines address applications including smart terminals, IoT, and computing chips. Based on its periodic disclosures, wafer shipments, capacity utilization, and revenue are at historically high levels.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.