AI Chip Concept Stocks Watch丨HUA HONG GRACE (01347.HK) Fluctuates Up Nearly 3%, TSMC Announces Additional USD 100 Billion Investment in the US

NewTimeSpace (newtimespace.com) reported that on July 20, 2026, the semiconductor theme in Hong Kong stocks rebounded with volatility, and HUA HONG GRACE (01347.HK) rose in choppy trading. As of 13:30, the stock was quoted at HKD 142.500, up 2.74%.

On the news front, on July 20, TSMC disclosed that its second‑quarter revenue increased 36.0% year‑on‑year, operating profit grew 65.4% year‑on‑year, and the operating profit margin rose to 60.3%. Additionally, driven by sustained explosive growth in long‑term structural demand from the AI sector, TSMC is accelerating its major factory construction project in Arizona. At its earnings call last week, TSMC announced an additional USD 100 billion investment in the US to significantly expand its domestic chip manufacturing capacity.

Kaiyuan Securities pointed out that the global semiconductor capital expenditure cycle is still in its early stages, with some companies in the domestic computing power sector delivering outstanding performance, and industry fundamentals showing sustained growth potential. The semiconductor equipment and manufacturing segments stand to benefit from technological upgrades and demand expansion, and core upstream links in the computing power supply chain are poised for growth opportunities. The firm recommends paying attention to investment opportunities arising from the deployment of related industry chains.

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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