HK Stock Market Move | Global semiconductor sector continues to heat up. ILUVATAR COREX (09903) surged more than 15%, while Semiconductor Manufacturing International Corporation (00981) rose more than 10%.

Semiconductor stocks rose across the board. As of the time of publication, Montage Technology (06809) rose 15.47% to HK$318; ILUVATAR COREX (09903) rose 15.53% to HK$643.5; GigaDevice Semiconductor Inc. (03986) rose 12.45% to HK$524; Semiconductor Manufacturing International Corporation (00981) rose 10.24% to HK$78.1; HUA HONG SEMI (01347) rose 8.07% to HK$128.6. In terms of news, recently, the global semiconductor sector has continued to heat up, with major US tech companies continuing to increase their investments in AI, driving strength in storage, computing power, semiconductor equipment, and other areas. In the Korean market, SK Hynix and Samsung Electronics rose by more than 10% again this morning, reaching new historical highs. In addition, overnight, chip stocks in the US continued to rise, with the Philadelphia Semiconductor Index rising by over 4% to a new high. US chip giant AMD's latest financial report greatly exceeded expectations, with a 38% year-on-year increase in revenue in the first quarter of 2026, and the company giving a second-quarter outlook that is higher than market expectations. Huafu Securities pointed out that in recent weeks, major US tech companies have released their first-quarter results for 2026, with companies such as Alphabet, Apple, Amazon, SanDisk, and Western Digital all exceeding expectations. Domestic computing power companies are also starting to deliver results, once again indicating that this is a globally resonant and performance-driven technology bull market. In addition, the DeepSeek-V4 large model, with its native million-word context and innovative attention mechanism, is on par with top international models in core performance and has achieved full-chain localization synergy with Huawei's Ascend chip, verifying the support capacity of domestic hardware.