AI Chip Concept Stocks Watch | HUA HONG GRACE (01347.HK) Fluctuates and Declines; Apple Plans to Move Directly Towards Designing M7 Series Chips with AI at the Core

NewTimeSpace (newtimespace.com) News: On June 26, 2026, the chip sector experienced a volatile retracement. HUA HONG GRACE (01347.HK) fluctuated downward. As of 13:33 PM, the company's share price was quoted at HK$188.300, down 2.33%.

On the news front, Apple is executing one of the largest overhauls to its Mac chip strategy in history, planning to leap directly toward a next-generation processor architecture focused on artificial intelligence (AI) to equip future high-end Mac products with a brand-new chip platform. Apple will skip the high-end M6 Pro/Max versions and design the M7 series directly with AI at the core, which is slated to debut as early as 2027.

UBS stated that the capacity expansion of memory and logic chips driven by artificial intelligence is the core force of this semiconductor supercycle. Some customers have already begun providing equipment suppliers with an 8-quarter visibility into demand, which implies that the upcycle for semiconductor equipment may be far more durable than the market expects.

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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