AI Chip Concept Stocks Watch丨HUA HONG GRACE (01347.HK) Fluctuates Up Over 5%, Leading Companies Continue to Ramp Up Computing Infrastructure Investment

NewTimeSpace (newtimespace.com) reported that on July 31, 2026, the chip theme rebounded sharply, with HUA HONG GRACE (01347.HK) fluctuating higher. As of 13:21, the stock was quoted at HKD 132.200, up 5.34%.

On the news front, Amazon raised its 2026 capital expenditure guidance from USD 200 billion to USD 220 billion, while Google parent Alphabet also raised its 2026 capital spending guidance to nearly USD 200 billion. Meta, Microsoft, and other major players have also posted significant increases in capital expenditure. Despite rising market concerns over volatility, leading companies have not slowed their pace of expanding computing infrastructure.

Dongwu Securities pointed out that the market has overemphasized the short‑term cash flow pressure from capital expenditure, while overlooking two key supports: the synchronous high growth of cloud business revenue and the substantial volume of orders on hand. AI investment is backed by real paying demand and is not an indiscriminate expansion.

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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