Xin Lang Cai Jing·2025-08-28 04:03Core Viewpoint - The semiconductor sector is experiencing significant strength, with companies like Shanghai Xinyang, SMIC, Zhenlei Technology, and Yitang Co., Ltd. seeing stock increases of over 10% [1] Group 1: Market Outlook - Guosen Securities remains optimistic about the semiconductor industry's "valuation expansion" driven by the convergence of macro policy cycles, industry inventory cycles, and AI innovation cycles [1] - Tianfeng Securities projects a continued optimistic growth trajectory for the global semiconductor market, with AI driving downstream growth expected to persist into 2025 [1] Group 2: Performance Expectations - Companies across various segments are reporting strong earnings forecasts for Q2, with an optimistic outlook for the semiconductor peak season in Q3 [1] - It is recommended to focus on the design sector, particularly in storage, foundry, SoC, ASIC, and CIS, due to their performance elasticity [1]