Mei Ri Jing Ji Xin Wen·2025-09-22 07:13Group 1 - The Shanghai Stock Exchange's Sci-Tech Innovation Board semiconductor materials and equipment index rose by 0.91%, with notable increases in stocks such as SMIC up 5.19% and Tuojing Technology up 4.21% [1] - Recent significant price increases in DDR4/LPDDR4X memory chips, with spot prices rising over 200% from the bottom in Q1 2025 and contract prices doubling, driven by AI demand and supply tightness [1] Group 2 - Huatai Securities is optimistic about structural opportunities in AI-related demand and the expansion of advanced logic in China, forecasting a global semiconductor equipment revenue growth of 8% to $153 billion in 2026 [2] - Key drivers of capital expenditure in the semiconductor sector include AI-related advanced logic and memory, with expected capital expenditure growth rates for TSMC, Samsung, and SK Hynix at 8%, 6%, and 9% respectively in 2026 [2] - Domestic companies like SMIC and Huahong are raising funds, and Changxin is starting its listing guidance, indicating a positive outlook for investment in advanced logic and memory in China [2]