Hua Hongmiconductor

The announcement that Alibaba, Bytedance and Tencent are buying Nvidia H200 chips is driving investments in data centers and boosting demand for supporting semiconductors that Hua Hong specializes in. Since the recommendation in issue 02/26 the stock has gained about 60% and hit a new all‑time high, while the Hang Seng also broke out to multi‑year highs. Analysts see further upside for Hua Hong, as each new server generation leads to higher fab utilization. » Plus sur deraktionaer.de

Hua Hong’s stock climbed strongly over a few weeks after management talks with Goldman Sachs and a revaluation of the Chinese semiconductor sector sparked demand optimism. Hua Hong plans to increase its stake in Huali Microelectronics to 97.4988% for 8.27 billion Renminbi and to finance the takeover by issuing new shares; an additional capital increase of up to 7.56 billion Renminbi is also planned. Analysts expect a significant pro‑forma earnings jump and raised price targets and buy recommendations. The expansion of domestic wafer manufacturing supports the outlook and explains the high utilization of production capacity, while the stock has recently consolidated. » Plus sur deraktionaer.de

Hua Hong Semiconductor's stock fell about 4.0% in Hong Kong after U.S. reports signaled that the Commerce Department could approve licenses for the export of Nvidia's H200 chips to China. Analysts expect Nvidia's H200 to be technologically superior but see only limited implications for China’s push for chip self-sufficiency. The decline came amid broader losses in Asian markets ahead of the U.S. interest-rate decision. » Plus sur finanzen.net