AI demand drives semiconductor listed companies' revenue growth in 2025.

In recent times, a number of listed companies in the A-share semiconductor sector have been releasing their financial reports for the year 2025. Data from Choice shows that as of March 2nd, out of 173 semiconductor companies classified by Shenwan industry, 115 have disclosed their financial reports. Among them, 101 companies have achieved year-on-year growth in total operating revenue. It was noted that companies such as Hangwei Technology, Hua Hong Semiconductor, and Andes Technology have shown strong growth in revenue, reflecting the robust demand for storage in the current market and the strong growth in front-end equipment. Some analysts believe that the capital expenditures of global tech giants are currently in a high intensity, high growth cycle. The demand for AI computing power continues to be the main driver of growth, leading to increases in production for advanced logic and storage, which in turn drives demand for core manufacturing equipment such as etching and thin film.