On October 23, CITIC Securities reported that the 2026 Bay Area Chip Expo is set to expand significantly, with an anticipated turnout exceeding 6,500 professional buyers. The event will spotlight cutting-edge domestic equipment and technologies. During the third quarter of 2026, the surge in new equipment orders is expected to persist, with the industry holding an optimistic outlook for equipment demand over the next three years or beyond. Some companies project that this wave of order growth will extend into 2028 or 2029. In the medium to long term, the global expansion of AI-driven production capacities and technological advancements will continue to fuel equipment demand. CITIC Securities asserts that the combined effects of global capacity expansion and import substitution will drive growth in orders and market share for Chinese manufacturers, remaining confident in the growth trajectory of China’s semiconductor components and equipment industry chain.