AI Chip Concept Stocks Watch丨SMIC (00981.HK) Surges Then Retreats, AI Computing Power Drives Demand for High‑End Memory

NewTimeSpace (newtimespace.com) reported that on July 13, 2026, Hong Kong semiconductor stocks fluctuated lower, with SMIC (00981.HK) rallying then pulling back. As of 14:22, the stock was quoted at HKD 77.400, down 2.82%.

On the news front, the 2026 World Artificial Intelligence Conference and High‑Level Meeting on Global AI Governance will be held in Shanghai from July 17 to 20. This year's conference, themed "Intelligent Partners, Creating the Future Together," will feature more than 140 forums. The total exhibition area will exceed 100,000 square meters for the first time, and over 300 products will make their global debut.

Guojin Securities stated that AI computing power is driving up demand for high‑end memory. As overseas manufacturers shift production capacity toward HBM, general‑purpose memory supply has become tight, with both volume and prices rising. Micron's capital expenditure for 2026 has surged 70.3% year‑on‑year to USD 27 billion. Combined with the planned IPO and capacity expansion of domestic player Changxin Memory Technologies, global memory capital expenditure is on an upward trajectory. Domestic equipment manufacturers are thus presented with structural opportunities in thin film deposition, metrology and inspection, and final test (FT) processes.

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.