AI Chip Concept Stocks Insight | SMIC (00981.HK) up 1.93%, CIIE gathers full semiconductor supply chain for first time

NewTimeSpace News, 9 November 2026, the AI chip theme performed strongly, with SMIC (00981.HK) strengthening. As of 13:22, the company quoted HKD 46.460, up 1.93%.

On the news front, the company has no recent news of its own; within the sector, on 5 November 2026, the ninth China International Import Expo opened in Shanghai, where the integrated circuit zone of the technical equipment exhibition area brought the semiconductor supply chain together in full for the first time, with memory makers Samsung Electronics, Micron and SK Hynix exhibiting alongside equipment vendors Applied Materials, Lam Research and KLA, covering products from semiconductor materials and manufacturing equipment through to chip design, memory and advanced packaging.

In addition, on 8 November 2026, at the signing ceremony of the central state-owned enterprise procurement delegation at the expo, China Electronics Corporation signed an agreement with AMD to purchase USD 1.128 billion of integrated circuits and modules; Aviation Industry Corporation of China meanwhile sourced aligners, dry etching equipment and other core semiconductor and display manufacturing equipment from Nikon, Tokyo Electron and other suppliers.

CMS believes that the medium- and long-term development logic of each link in the semiconductor supply chain remains sound, that tight supply and demand in mature process nodes is expected to push up foundry average selling prices, and that the ramp-up of domestic artificial intelligence and high-performance computing chips will accelerate capacity utilisation and profit release in 2.5D/3D advanced packaging.

CICC believes that the surge in artificial intelligence computing demand is driving upgrades in network architecture and chip design, with a new-generation Scale Up interconnect solution expected to enter mass production in 2028 to support thousand-card clusters, making high-performance interconnect and advanced packaging the core links in breaking computing bottlenecks.

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.