Gelonghui November 11th | Semiconductor chip stocks continue to rise, with Tongfu Microelectronics (002156.SZ) hitting the daily limit up at 36.87 yuan, continuing to set a new high stock price, with a cumulative increase of over 35% within the month and a total market value reaching 55 billion yuan. In terms of news, the company recently announced a Q3 net income of 0.23 billion yuan, an 85.3% year-on-year increase and a 2.5% increase from the previous quarter. Huaan Securities' research report pointed out that the company's performance continues to recover, actively seizing the opportunity of advanced packaging. The company's customer AMD's datacenter business continues to grow, with a recent upward revision of the full-year guidance in the 3Q24 earnings call. According to consulting firm Gartner's forecast, the global AI chip market size is expected to increase by 33% in 2024, reaching 71.3 billion US dollars, and is expected to further grow by 29% in 2025, reaching 92 billion US dollars. (Gelonghui)