Hong Kong-listed semiconductor stocks surged Monday after SEMI reported record global equipment shipments of $36.55 billion in the first quarter, up 14% year-over-year. GigaDevice jumped 14%, Hua Hong rose 9%, and SMIC gained 3%, making the sector the top performer on the Hang Seng Index.
Hong Kong-listed semiconductor stocks surged Monday, with GigaDevice (兆易创新, 03986.HK) jumping 14%, after SEMI reported record global equipment shipments of $36.55 billion in the first quarter.
Global semiconductor manufacturing equipment sales reached a record $36.55 billion in the first quarter of 2026, driven by AI-related investment in advanced logic, DRAM and advanced packaging capacity, according to SEMI's Worldwide Semiconductor Equipment Market Statistics report.
Hua Hong Semiconductor (华虹宏力, 01347.HK) rose 9%, while Semiconductor Manufacturing International Corp. (中芯国际, 00981.HK) gained 3%. The first-quarter shipments rose 14% from a year earlier and 1% from the prior quarter, marking the second consecutive sequential increase.
The record spending reflects ongoing capacity expansion by foundries and memory makers racing to meet AI chip and high-bandwidth memory demand. GigaDevice, a NOR flash memory designer, and SMIC, China's largest foundry, are among key beneficiaries as global chipmakers including TSMC and Samsung Electronics boost capital budgets. Second-quarter earnings from major equipment makers will provide further clarity on demand trends through the second half of 2026.
This article is for informational purposes only and does not constitute investment advice.
