AI Chip Concept Stocks Watch丨HUA HONG GRACE (01347.HK) Rises Over 7%, Domestic AI Chip Companies Develop Rapidly

NewTimeSpace (newtimespace.com) reported that on August 5, 2026, the chip theme strengthened, with HUA HONG GRACE (01347.HK) surging. As of 13:28, the stock was quoted at HKD 145.200, up 7.48%.

On the news front, AMD's latest second‑quarter earnings beat market expectations, with the core growth driver coming from its data center segment, which posted single‑quarter revenue of USD 6.7 billion, a year‑on‑year surge of 107%, driven by continued strong sales of server CPUs and AI‑GPU accelerators. In July this year, AMD once again raised its industry outlook, estimating that the total computing market in which AMD participates could reach USD 2 trillion by 2030.

Dongguan Securities stated that as the call volume of large models both domestically and internationally grows explosively, AI applications have entered the stage of large‑scale deployment, continuously driving up upstream computing power demand. Overseas, the four major North American cloud vendors have seen their capital expenditures continue to rise year‑on‑year, indicating accelerating global AI infrastructure construction. Domestically, AI chip companies are developing rapidly, and internet companies are actively adapting to domestic computing chips, with the domestic computing ecosystem expected to accelerate its formation.

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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