AI Chip Concept Stocks Watch | HUA HONG GRACE (01347.HK) down 4.92%, GLOBALFOUNDRIES launches physical-AI FD-SOI platform

NewTimeSpace News, on 12 October 2026, AI chip shares traded with a correction while HUA HONG GRACE (01347.HK) weakened. As of 13:47, the company quoted HKD 89.900, down 4.92%.

On the news front, on 9 October 2026, GLOBALFOUNDRIES launched FDX Fusion, a next-generation fully depleted silicon-on-insulator (FD-SOI) technology platform for physical AI, with production planned in Dresden, Germany in 2028; the expansion project involves a total investment of EUR 1.1 billion and is expected to lift annual capacity to more than 1 million wafers after completion by the end of 2028, which would make it Europe's largest wafer foundry base.

In addition, on 12 October 2026, market research firm TrendForce estimated that the scope of mature-node price increases may widen further in 2027, with UMC, Vanguard International and Powerchip expected to move from volume growth to simultaneous growth in volume and price; Omdia data showed that global semiconductor revenue rose 31.4% quarter on quarter in the second quarter of 2026, a record quarterly high.

WESTERN SECURITIES believes that the power semiconductor industry is shifting from capacity expansion and price declines towards supply-demand improvement, price recovery and structural upgrading, and that, as 8-inch mature-node capacity growth slows and inventories are digested, alongside improving demand from AI servers, new energy vehicles, energy storage and industrial electrification, domestic and overseas power semiconductor makers have successively raised prices, with the industry's price cycle reaching an inflection point.

BERNSTEIN believes that, driven by AI computing demand, capacity in the semiconductor manufacturing segment remains tight and customers have accepted 2027 price increases, with advanced-node increases in the high single digits to low teens and mature-node increases in the mid single digits, and expects the effect to show in financial statements from the first half of 2027.

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.