Ge Long Hui·2025-12-30 05:38Core Viewpoint - The semiconductor stocks in Hong Kong have surged, driven by Nvidia's leadership in a significant power architecture revolution for global data centers, transitioning from traditional AC power to 800V DC power, which is igniting an upgrade wave in AI computing infrastructure [1] Industry Summary - The demand for computing power is experiencing exponential growth due to the rise of generative artificial intelligence, leading to a flourishing AI chip sector [1] - Analysts from Dongxing Securities recommend focusing on three key areas within the semiconductor industry: semiconductor storage, semiconductor testing equipment, and magnetic components, in line with the AI innovation cycle [1] Company Summary - Semiconductor industry leader SMIC announced plans to acquire a 49.00% stake in Northern SMIC for a transaction price of 40.6 billion yuan, which is expected to enhance the asset quality and business synergy of the listed company, promoting long-term development [1] - The main business scope of the listed company will remain unchanged before and after the transaction [1]