On September 22, 2025, chip - related stocks listed on the Hong Kong Stock Exchange kept up their upward trajectory in the afternoon session. Notably, Semiconductor Manufacturing International Corporation (SMIC) witnessed a remarkable surge, with its share price jumping over 5% and reaching an all - time high. Meanwhile, stocks of other companies in the sector, such as Hua Hong Semiconductor, also experienced price increases.

In recent times, the semiconductor industry has been witnessing a string of positive developments. A growing number of domestic technology firms have been venturing into chip research and development (R&D), reflecting a strong commitment to advancing in this crucial field. Companies like SMIC are brimming with optimism regarding future orders and the overall prospects of the industry. Their positive outlook is well - founded, given the increasing demand for chips in various sectors and the ongoing technological advancements.

Over the weekend, a significant piece of news emerged in the semiconductor sector. Moore Threads, a leading domestic GPU (Graphics Processing Unit) company, is scheduled to have its Initial Public Offering (IPO) reviewed on the Science and Technology Innovation Board on September 26. This development has attracted considerable attention from investors and industry experts alike, as it could potentially mark a new milestone in the growth of domestic GPU companies.

Fangzheng Securities has conducted an in - depth analysis and pointed out that advanced packaging technology represents a key direction for domestic computing power chips to overcome performance bottlenecks. Computing power chips developed by companies like Huawei are undergoing rapid iterations, constantly improving their capabilities. Moreover, the domestic supply chain is actively stepping up its support efforts. This is aimed at achieving self - sufficiency and greater control over the production and supply of these critical chips, reducing reliance on foreign sources and enhancing the overall competitiveness of the domestic semiconductor industry.