Lyon: China's semiconductor demand momentum continues, and foundry factories continue to expand production capacity

The Zhitong Finance App learned that Lyon released a research report saying that at the 33rd Investor Forum held a few days ago, investors and companies believe that the overall demand momentum for Chinese foundry, semiconductor equipment, and AI computing chips is still steady, and that local foundry factories continue to expand production capacity. Among them, Huahong Hongli (01347) expects the average wafer price to rise by 10% to 15% by the end of this year, and the price will increase further next year.

Leon quoted semiconductor equipment companies such as China Micro (688012.SH) and Tuojing Technology (688072.SH) as saying that they have a positive view on order growth and have taken various measures to ease upstream component supply restrictions.

On the domestic silicon-based side, Wall Technology (06082) raised its 2027 revenue guidelines, and new GPU products are scheduled to be commercialized by the end of this year; Moore Thread (688795.SH) is also expanding commercialization with the support of the JD (09618) 100,000 card domestic computing power cluster. Lyon currently rates Huahong Hongli and Bizao Technology as “outperforming the market”.