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Institution: Highly Optimistic About AI Chip Demand, Ups Forecasts for SMIC and Hua Hong Semiconductor
3 day ago /
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Author：小编
The artificial intelligence (AI) craze is sweeping the world, sparking a dramatic uptick in semiconductor demand. Goldman Sachs has, in its research reports, hiked the target prices for SMIC and Hua Hong Semiconductor four times, showcasing its bullish stance on China's semiconductor sector. The declining costs of AI technologies are fueling the growth in demand, and China's AI ecosystem is demonstrating substantial synergistic benefits. Both firms are poised to reap long-term advantages from capacity expansion, and the market is presently reassessing the valuations of Chinese semiconductor enterprises.
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