AI Chip Concept Stocks Watch丨HUA HONG GRACE (01347.HK) Falls Over 8%, Overnight US Chip Stocks Plunge

NewTimeSpace (newtimespace.com) reported that on July 28, 2026, the chip theme weakened, with HUA HONG GRACE (01347.HK) falling sharply. As of 13:28, the stock was quoted at HKD 136.200, down 8.34%.

On the news front, overnight US chip stocks plunged, with SK Hynix falling below its US IPO price. In addition, media reported that a Shanghai state‑owned enterprise has begun production of immersion DUV lithography machines, with an estimated delivery of about 5 units this year to SMIC, Hua Hong Semiconductor, and Changxin Memory, and a target output of 20 units in 2027.

Guojin Securities stated that HUA HONG GRACE, as a leader in specialty process foundry, is at a triple inflection point of cycle, capacity, and profitability. The surge in mature process demand is driving both volume and price increases, while new fab ramps and asset injections are opening up leapfrog growth, with the company deeply benefiting from the wave of domestic substitution.

Xiangcai Securities pointed out that the latest earnings reports from Intel and AMD validate the value revaluation of server CPUs in the AI era, with robust demand expected to support long‑term double‑digit growth in the server CPU market.

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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