According to a research report issued by CITIC Securities, beginning in September 2025, a confluence of factors—including Intel's capital infusion and collaborative efforts, along with price increases by memory chip manufacturers—has propelled a swift surge in the stock prices of leading semiconductor equipment firms. In light of the ongoing upswing in the memory market and robust demand downstream, projections indicate that the global market size for semiconductor wafer fabrication equipment (WFE) will sustain high single-digit percentage growth from 2025 through 2026. Furthermore, the memory segment's market share is expected to see continued expansion. Simultaneously, it is projected that by 2026, market demand in mainland China will stabilize, thereby mitigating the uncertainty risks that had previously stemmed from regulatory constraints. CITIC Securities maintains a positive outlook on the investment potential within the semiconductor equipment industry.