Core Viewpoint - The semiconductor sector experienced a significant rise on the 18th, with multiple companies seeing substantial stock increases, driven by advancements in domestic chip adaptation and production capabilities [1] Group 1: Market Performance - Semiconductor stocks surged, with Huicheng Co. hitting a 20% limit up, and companies like Zhongwei, Liyang Chip, and Huahai Chengke rising over 10% [1] - North China Innovation also saw a rise of over 7%, approaching its limit up and reaching a new high [1] Group 2: Industry Developments - Tencent announced at the 2025 Tencent Global Digital Ecosystem Conference that it has fully adapted to mainstream domestic chips and is actively participating in the open-source community [1] - China Unicom's project on green electricity and intelligent computing centers highlighted advancements in AI-focused PPU chips developed by Alibaba's Pingtouge [1] Group 3: Domestic Semiconductor Landscape - According to a report by Founder Securities, the domestic semiconductor equipment localization rate has been steadily increasing, with nearly 70% of wafer manufacturing companies not yet using domestic semiconductor equipment [1] - There is a pressing need to enhance the overall capacity and industrial support for computing power infrastructure, as local advanced node wafer production cannot meet the rapidly growing demand for computing power [1] - The domestic semiconductor industry is focused on increasing the localization rate of computing power chips across the entire supply chain, from equipment and materials to manufacturing and advanced packaging [1] - The current localization rate remains low, indicating significant potential for domestic substitution in the semiconductor equipment sector [1]

Group 1 - The core viewpoint emphasizes the importance of innovation-driven development and the need to stimulate enterprise initiative to expand effective demand [2] - Premier Li Qiang's recent visit to Jiangsu highlighted the necessity of integrating technologies like artificial intelligence and clean energy to promote industrial transformation and upgrading [2] - The focus on hard technology is crucial for national competitiveness, especially in the context of trade wars, as it reduces dependency on foreign technology and enhances negotiation power [3][4] Group 2 - The article discusses the challenges of hard technology implementation, stressing the need for domestic development to overcome reliance on foreign technology, particularly in critical areas like chip manufacturing [4][5] - Government support is essential for enterprises to thrive in hard technology, including providing funding channels and expanding profitable markets [5][6] - The recent reforms in the Sci-Tech Innovation Board by the China Securities Regulatory Commission reflect a strong commitment to supporting hard technology initiatives [6]