AI Chip Concept Stocks Watch丨SMIC (00981.HK) Rises Nearly 7%, Institutions Believe Tight Supply‑Demand Dynamics in the Industry Are Likely to Continue

NewTimeSpace (newtimespace.com) reported that on July 21, 2026, Hong Kong semiconductor stocks rebounded sharply, with SMIC(00981.HK) surging. As of 13:34, the stock was quoted at HKD 153.84, up 6.83%.

On the news front, at the recent 2026 World Artificial Intelligence Conference, domestic AI chips collectively showcased their superserver node products, with Huawei's Ascend 950 superserver node making its first public debut in physical form as the industry's largest‑scale node. From single‑chip breakthroughs to superserver cluster deployments, domestic computing power is accelerating its system‑level leap, providing solid support for the large‑scale application of large models.

Galaxy Securities stated that although the sector has experienced sharp pullbacks recently, the fundamentals of the semiconductor industry remain intact, with no major negative developments; the decline was mainly driven by deleveraging and valuation corrections in some stocks, and the associated risks have now been largely released. TSMC's upward revision of full‑year capital expenditure, ASML's better‑than‑expected performance, and SEMI's upward revision of 2026 global equipment sales to USD 165.9 billion all point to a continued strengthening of the equipment and materials segment. In particular, advanced packaging, due to long expansion cycles and a capacity gap still exceeding 20%, is expected to maintain tight supply‑demand dynamics.

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.

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