HK Stock Market Move | Semiconductor stocks have surged. Huahong Semiconductor (01347) rose by over 12%, while Semiconductor Manufacturing International Corporation (00981) rose by over 7%.

Semiconductor stocks are rallying strongly. As of the time of writing, HUA HONG SEMI (01347) rose by 12.41% to 105.5 Hong Kong dollars; Suzhou Novosense Microelectronics (02676) rose by 11.81% to 159 Hong Kong dollars; Semiconductor Manufacturing International Corporation (00981) rose by 7.7% to 62.95 Hong Kong dollars; ILUVATAR COREX (09903) rose by 3.79% to 433 Hong Kong dollars. In terms of news, the semiconductor sector in the US stock market performed well, with the Philadelphia Semiconductor Index rising by 1.71% on Thursday, marking the 17th consecutive trading day of gains, setting a record for the longest continuous increase in history. This was mainly driven by the positive first-quarter financial report of US chip manufacturer Texas Instruments, whose stock price surged by over 19%, marking its largest single-day gain in nearly 26 years. Additionally, due to the surge in demand for server chips driven by the wave of AI infrastructure construction, Intel's first-quarter revenue grew by 7% year-on-year to reach 13.6 billion US dollars, with the company stating that customer demand is huge and it is fully focused on expanding its factory capacity. Of note, the DeepSeek WeChat public account announced this morning that the Deepseek official website has launched the deepseek-v4 interface and model introduction, including deepseek-v4-flash and deepseek-v4-pro. DeepSeek-V4 features a million-word ultra-long context and leads domestically and in the open source field in agent capability, world knowledge, and reasoning performance. Shanxi has previously pointed out that domestic large models like DeepSeek v4 are expected to natively adapt to domestic computing power, as the demand for domestic chip solutions for domestic communication chips is becoming increasingly urgent with strong supply and demand.