Jinwu Financial News | Semiconductor stocks improved. Contelon (01912) rose 10.87%, Huahong Semiconductor (01347) rose 5.2%, SMIC (00981) rose 3.69%, and Shanghai Fudan (01385) rose 1.58%.
Ping An Securities said that technological innovation is an important driving force for industrial upgrading. Against the backdrop of national policy support and the recovery of industry prosperity, it is expected that the artificial intelligence and semiconductor industries will develop well in 2024, and the implementation of AIGC applications will accelerate. In addition to recovering, the semiconductor industry is also expected to go further in terms of autonomy in key core technologies, and the level of supply chain security and information security will also improve.
Zhongyuan Securities said that the bottom of the semiconductor cycle is already showing, consumer demand is gradually recovering, memory prices continue to pick up, and a cyclical recovery may be imminent.