HK Stock Market Move | Suzhou Novosense Microelectronics (02676) rose by more than 12% once, with Texas Instruments' performance and guidance igniting the analog chip market.

Suzhou Novosense Microelectronics (02676) surged more than 12% at one point, and as of the time of writing, it rose 9.42% to 155.6 Hong Kong dollars, with a turnover of 34.3284 million Hong Kong dollars. On the news front, overnight in the US stock market, leading analog chipmaker Texas Instruments soared by 19.43%, marking the largest single-day gain since October 2000. Texas Instruments' first-quarter revenue grew by 19% year-on-year to 4.83 billion US dollars, exceeding analysts' average expectations of 4.52 billion US dollars; operating profit was 1.808 billion US dollars, up 37% year-on-year; net profit was 1.545 billion US dollars, up 31% year-on-year. At the same time, Texas Instruments' performance guidance for the second quarter also greatly exceeded market expectations. Texas Instruments expects second-quarter revenue to be between 5 and 5.4 billion US dollars. Huaan previously pointed out that the major analog chip manufacturer Texas Instruments has raised prices several times by 2025, and domestic substitution is imperative. Guosen previously believed that from the perspective of global analog chips, it is currently in the early stages of the inventory depletion cycle, with TI and ADI both stating that Q1 is not a slow season, and domestic manufacturers continue to benefit from the trend of increasing market share. In the next few years, new products released by previous research and development efforts will enter the revenue realization period, and the price competition environment has also improved, with the sector's profitability expected to continue to increase.