AI Chip Concept Stocks Insight | SMIC (00981.HK) down 0.09%, chip prices seen extending gains next year

NewTimeSpace News, on 27 October 2026, AI chip stocks traded mixed, and SMIC (00981.HK) weakened. As of 13:30, the company quoted HKD 45.880, down 0.09%.

On the news front, the company has no recent news of its own; within the sector, on 27 October 2026 an official of South Korea's monetary authority said that driven by high-bandwidth memory production, chip output is expected to rise next year and prices to keep climbing, though at a slower pace; Samsung Electronics and SK Hynix have scheduled mass production and shipments of 8-layer HBM4 for NVIDIA in the second quarter of next year.

In addition, on 26 October 2026 NEXCHIP (688249.SH) reported third-quarter results, with revenue of RMB 3.252 billion, up 19.57% year on year, a gross margin of 25.46%, up 3.18 percentage points quarter on quarter, and net profit of RMB 220 million, up 34.49%. As a mature-node foundry peer of SMIC, its quarterly figures offer a reference for mature-node utilisation and pricing.

KAIYUAN SECURITIES believes that continued AI infrastructure build-out, together with tight memory supply and rising prices, will extend the upcycle across the semiconductor supply chain, with capital spending in wafer manufacturing and advanced packaging rising in tandem.

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.