AI Chip Concept Stocks Watch丨HUA HONG GRACE (01347.HK) Continues to Strengthen, Institutions Forecast Global Semiconductor Market to Reach USD 1.6 Trillion in 2026

NewTimeSpace (newtimespace.com) reported that on July 10, 2026, semiconductor‑related themes continued to rise, with HUA HONG GRACE (01347.HK) extending its upward momentum. As of 13:36, the stock was quoted at HKD 208.800, up 3.47%.

On the news front, according to the latest research from Yole Group, global semiconductor device industry revenue is expected to reach USD 1.6 trillion in 2026, and is likely to approach USD 2 trillion as early as 2027. The firm believes that this growth is not a simple continuation of the traditional semiconductor cycle, but rather the result of profound changes in the industry value chain driven by AI infrastructure, high‑bandwidth memory (HBM), advanced packaging, and data center investment.

Zhongshan Securities stated that AI‑driven computing demand is fueling rapid growth in demand for memory chips and related equipment materials. The electronics industry saw profit surge 103.9% year‑on‑year in the first five months of the year, contributing 43.1% to overall industrial profit growth, making it a core force supporting the manufacturing sector's prosperity.

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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