Jin10 data reported on April 30, local time on April 30, Intel announced its latest process technology roadmap, which includes 18A-P, 14A, and others. Intel CEO Pat Gelsinger stated that Intel 18A is expected to achieve mass production ramp-up in the second half of 2025, with the first product based on this process node, codenamed Panther Lake, set to launch by the end of 2025. Additionally, early test wafers for Intel 18A-P have already begun production. Furthermore, Intel's Fab 52 facility in Arizona has completed the tape-out for Intel 18A.

On February 13, 金十数据华虹公司 executives stated at the fourth quarter performance briefing for 2024 that the total investment of the company's Fab 9 project is approximately $6.7 billion, with a planned monthly production capacity of 83,000 wafers. The construction has been completed at present; it is expected that by the middle of this year, a production line with a capacity of 40,000 wafers will be in place, and by the end of the year, a capacity of 30,000 to 40,000 wafers will be achieved. Subsequently, the company will continue to build the next batch of production capacity of 40,000 wafers and above. In addition, this year, Fab 9 will gradually start to make provisions, and the depreciation expense for the year is estimated to be approximately $170 million to $180 million.

World Advanced and NXP held a groundbreaking ceremony for the 12-inch wafer fab at VSMC's joint venture in Singapore. The first 12-inch wafer fab is expected to start production in 2027, with a monthly capacity of 55,000 wafers by 2029, creating approximately 1,500 job opportunities. World Advanced and NXP will also evaluate the construction of a second wafer fab. The total investment of this joint venture is approximately $7.8 billion.

Hua Hong Semiconductor's third-quarter revenue was US$526 million, up 10% quarter-on-quarter but down 7% year-on-year, with a gross margin of 12.2%, slightly better than expected; The management said that the demand for 12-inch wafers is still strong, but the average selling unit price of 8-inch wafers will still face certain price pressure. Huahong's new 12-inch wafer fab (Fab 9) investment is progressing smoothly, which may help improve the overall average sales price, and Da Mo raised the target price of Huahong's H shares from HK$26 to HK$28, reiterating its "overweight" rating.

CICC has given SMIC a 'buy' rating with a target price of HK$32. The bank predicts that the company's gross profit margin will reach 20% by 2025, higher than market expectations. The company will steadily advance its plan for a 12-inch wafer fab with a total capacity of 340,000 wafers per month. The upfront capital expenditures will return to relatively normal levels in 2025/26. The bank predicts that the company's capacity utilization rate will stabilize and increase from the first quarter of 2023's low point of 68.1% to 84.7% in 2024.

Jinshi Data News on October 30, Baicheng shares announced that it has won the bid for the second phase of Changxin Xinqiao Storage Technology Co., Ltd.'s 12-inch memory wafer manufacturing base FAB.

Investors may be underestimating the scope of opportunity in artificial intelligence despite the attention on ChatGPT and large language models, according to Nomura. The bank said that considering the role of semiconductors as the core enabling technology of artificial intelligence, there are three investment themes worth noting, namely cutting-edge chip manufacturing, semiconductor memory and fab production equipment. Nomura gave buy ratings to three stocks: South Korea's SK Hynix, Samsung Electronics and Japan's Tokyo Electron. Nomura also said other potentially computationally intensive AI fields include autonomous driving, the Internet of Things and industrial automation.