Jingu Finance News | Citic Securities stated that against the backdrop of Trump coming to power, market concerns about stricter control over mainland Chinese companies obtaining Taiwan Semiconductor's advanced process chip foundry services have intensified, potentially exacerbating technology competition. For mainland Chinese companies, especially AI chip companies, the availability of 'advanced process' in mainland China and international advanced processes have become two separate supply chain systems. Domestic wafer factories may expand production relying on the domestic equipment supply chain, leading to long-term revenue growth and potentially improving profitability.

In the current complex and ever-changing international environment, the difficulty for mainland Chinese chip companies to obtain advanced processes may increase in the future. Long-term prospects indicate that domestic wafer factories may strengthen the scarcity of advanced processes, expanding revenue and profit growth potential. It is recommended to focus on core strategic assets of wafer factories, as well as related equipment, component supply chains, advanced packaging companies, and to consider enterprises with rapid domestic technology transformation capabilities in the field of computing chips.