Understanding the Market | A-shares and H-shares rise together, SMIC rises by over 5% again, Blackwell GB200 is expected to have a large-scale shipment in the fourth quarter

Zhitong
2024.10.21 03:19
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SMIC A-shares surged during the trading session, breaking through the 100 yuan mark, with a morning rise of over 12%. Influenced by this news, SMIC rose another 5%, reaching a 5.79% increase at the time of publication, trading at 32 Hong Kong dollars with a turnover of 8.71 billion Hong Kong dollars. On the news front, according to the latest report released by Guo Mingxi, an analyst at TF International Securities, the Blackwell GB200 chip is expected to begin mass shipments in the fourth quarter of 2024. Guo Mingxi stated that shipments in the fourth quarter are expected to range from 150,000 to 200,000 units and are projected to increase significantly by 200% to 250% in the first quarter of 2025, reaching 500,000 to 550,000 units. It is worth mentioning that recently, SMIC or E Fund Kechuang 50ETF disclosed a stake. The announcement stated that SMIC is a constituent stock of the Kechuang 50 Index, and the fund's holding of the company's stock or changes in shareholding are based on the fund's investment strategy. CITIC Securities believes that looking ahead to 2025, domestic memory manufacturers and local wafer fabs are still accelerating expansion, while anticipating the high-end drive of advanced chip demand. The domestic semiconductor equipment market is expected to further improve, and equipment company orders are also expected to continue to grow in sync

According to the information obtained from the Wise Finance app, SMIC International (688981.SH) A-shares surged during the trading session, breaking through the 100 yuan mark, with a morning rise of over 12%. Influenced by this news, SMIC International (00981) surged over 5% again, rising by 5.79% as of the time of publication, reaching 32 Hong Kong dollars with a turnover of 8.71 billion Hong Kong dollars.

On the news front, according to the latest report released by Tianfeng International Securities analyst Guo Mingxi, the Blackwell GB200 chip is expected to begin mass shipments in the fourth quarter of 2024. Guo Mingxi stated that the shipment volume in the fourth quarter is expected to range from 150,000 to 200,000 units, and is projected to increase significantly by 200% to 250% in the first quarter of 2025, reaching 500,000 to 550,000 units.

It is worth mentioning that recently, SMIC International or E Fund ChiNext 50 ETF disclosed a stake. The announcement stated that SMIC International is a constituent stock of the ChiNext 50 Index, and the fund holds or changes its holdings of the company's stock in accordance with the fund's investment strategy. CITIC Securities believes that looking ahead to 2025, it is expected that domestic memory manufacturers and local wafer fabs will continue to accelerate expansion, while anticipating the high-end drive of advanced chip demand. The domestic semiconductor equipment market is expected to further improve, and equipment company orders are also expected to continue to grow in sync

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