Semiconductor sector oscillates higher, with stocks like Cambricon Technologies rising over 5%.

Chip stocks rose in the afternoon, with several heavyweight stocks soaring. Canaan, Tianshifu, Shengke Communication, Huahong Group, and Jingfang Mingyuan all rose by more than 5%. SMIC, ASMC, GigaDevice, Sanctbound, and Nationz Technologies followed suit.