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Semiconductor stocks in the A-share market collectively surged, with Moore Threads, Tianyue Advanced Materials, and Cambricon Technologies rising more than 5%.

Gelonghui Finance ·  Feb 9 11:21

Gelonghui, February 9 | Semiconductor stocks in the A-share market collectively surged. Among them, Guoxin Technology rose over 13%, Verisilicon rose over 12%, Changguang Huaxin and Huahai Chengke rose over 9%, Guoke Microelectronics, Canchip Co., Ltd., Taicheng Industrial, Yuanjie Technology, and Guangliwei rose over 7%, Huaya Intelligence, Jiangfeng Electronics, Zhongchuan Special Gas, Dike Shares, and Changdian Technology rose over 6%, Moore Thread, Tianyue Advanced, GigaDevice, and Cambricon rose over 5%. On the news front, driven by the widespread application of artificial intelligence and computer chips across various sectors of the economy, the semiconductor industry's revenue is expected to reach $1 trillion for the first time this year. According to forecasts by the Semiconductor Industry Association (SIA), total sales in the semiconductor industry will reach $791.7 billion in 2025, with another 26% increase in 2026. SIA CEO John Neuffer stated that the semiconductor market is breaking through the $1 trillion mark much faster than expected, which is a good sign for the entire business world. The enormous demand for new data center computers has brought substantial profits to NVIDIA, Micron Technology, and other chip manufacturers, enabling the industry to continuously exceed growth expectations. Neuffer mentioned that previous forecasters believed it might take another four years for the industry to reach the $1 trillion scale.

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