RISC-V major summit to be held, industry space expected to exceed 200 billion yuan, several concept stocks plunge into "deep pit"

The 6th RISC-V China Summit has been scheduled for October 18-20 at the Shenzhen Convention and Exhibition Center. As a key annual event for the global open-source hardware and RISC-V ecosystem, this year's summit will bring together leading scientists, core architects, decision-makers from industry-leading enterprises, technology developers, and ecosystem partners, and is expected to attract more than 3,600 offline professional attendees and over 450 exhibitors and research institutions. According to Frost & Sullivan data, China's RISC-V main control chip market has grown from about 1.1 billion yuan in 2021 to about 37.7 billion yuan in 2025, and is expected to reach about 219.4 billion yuan by 2030; the penetration rate of RISC-V in China's smart terminal and embodied intelligence chip markets is expected to rise from 6.9% and 10.7% in 2025 to 26.7% and 28.2% in 2030, respectively. In the A-share market, the number of listed companies positioned in the RISC-V industry has reached 30. According to statistics, as of the close on October 16, the total A-share market value of RISC-V concept stocks was 1.42 trillion yuan; since the beginning of this year, concept stocks have fallen by an average of 19.19%, underperforming the Shanghai Composite Index over the same period. Compared with their intra-year highs, 26 RISC-V concept stocks have retraced by more than 30%, accounting for more than 80%. Among them, GigaDevice, VeriSilicon, Ingenic, and Zhuoyi Information all posted drawdowns of more than 60%.