Technology · 10.1

Semiconductor Value Chain

Quantified news impact based on deduplicated, quality-reviewed events in a single 7-day window.

Average net impact+12weighted per event

Average gross impact15absolute weighted average

Events112same period

Confidence76%model average

Raw intensity63before weighting

Previous period+29net impact

Gross change-54%

Diffusion speed16.0 / day

Concentration1%

Direction disagreement18%

Source independence97%26 sources

IMPACT TREND

7-day effective impact

Positive 86 · Negative 9 · Mixed 17

+380-38

28 Jul, 0022 events

28 Jul, 1415 events

29 Jul, 0413 events

29 Jul, 1814 events

+11

30 Jul, 089 events

+18

30 Jul, 2212 events

+19

31 Jul, 1210 events

1 Aug, 022 events

1 Aug, 160 events

+20

2 Aug, 061 event

+17

2 Aug, 207 events

+30

3 Aug, 107 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate3%55 cumulative effective impact

Short term35%585 cumulative effective impact

Medium term53%881 cumulative effective impact

Long term8%129 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 1 of 11 · 110 events

Macro3

Macro3 Aug, 08:00positive

New Growth Drivers Contribute Over 40% to China's H1 2026 Growth; High-Tech Manufacturing Output Up 13.3%

Preliminary data show new growth drivers, including high-end manufacturing, the digital and intelligent economy, and modern services, contributed more than 40% of China's economic growth in the first half of 2026. Industrial value added above designated size rose 5.4% year on year, while high-tech manufacturing grew 13.3%. Industrial profits totaled RMB 3,947.99 billion in January–June, up 18.7%. Output of 3D printing equipment rose 48.5%, lithium batteries 39.3%, and industrial robots 28.0%. Fostering new growth drivers was made a key 2026 task.

Effective: +57
Intensity: 85
Confidence: 90%
Horizon: Medium term

Macro3 Aug, 23:00positive

China AI Startup Funding Tops RMB 300 Billion in H1 2026

In the first half of 2026, funding for Chinese AI startups exceeded RMB 300 billion, surpassing the full-year 2025 total, as venture capital activity rebounded. High-tech industry investment rose 4.6% year on year. Inno Fund held 10 investment committee meetings from March to July 2026, matching its 2025 count, but with more projects and capital deployed. Quantum technology companies report a surge in investor interest, with funds increasingly concentrated in AI, quantum computing and computing power.

Effective: +47
Intensity: 75
Confidence: 85%
Horizon: Medium term

Macro31 Jul, 12:01positive

NDRC to Accelerate AI Law Legislation, National AI Computing Power Surges 2.8-Fold

China's National Development and Reform Commission (NDRC) announced plans to accelerate the legislative process for an artificial intelligence law, aiming to establish a key institutional framework and provide a distinctive AI governance approach. As of the end of June 2026, the national AI computing power scale had reached 2.8 times that of the same period in 2025, with AI-related industries expanding by over 30%. The NDRC emphasized the need for risk monitoring and human-centered development. Additionally, estimates indicate that the computing network during the 15th Five-Year Plan period will attract RMB 4 trillion in direct investment.

Effective: +31
Intensity: 82
Confidence: 90%
Horizon: Medium term

Industries3

Industries3 Aug, 18:07positive

China AI 2026: Large Model Market Exceeds RMB 70 Billion, Agent Market RMB 44.9 Billion, 72% Adoption

China's AI industry in 2026 shows robust growth: the large model market exceeded RMB 70 billion, enterprise agent market reached RMB 44.9 billion, and 72% of enterprises completed Agent pilots. Meanwhile, industrial AI adoption rose from 9.6% in 2024 to 47.5% in 2025, small models cut costs by 95% in specific scenarios, and 47% of organizations reported AI-related security incidents. These figures highlight rapid expansion alongside governance challenges.

Effective: +46
Intensity: 75
Confidence: 80%
Horizon: Short term

Industries31 Jul, 14:52positive

Electronic Information Manufacturing Profit Surges 96.9% YoY in H1 2026, Revenue Up 18.5%

China's electronic information manufacturing industry saw a 96.9% year-on-year surge in profit to 577.7 billion yuan in the first half of 2026, with revenue rising 18.5% to 9.41 trillion yuan. Fixed asset investment grew 6.5%, while export delivery value increased 7.8%. In June alone, revenue expanded 24.7% and export delivery value rose 12.9%.

Effective: +33
Intensity: 85
Confidence: 90%
Horizon: Short term

Industries31 Jul, 15:41positive

US tech giants ramp up AI infrastructure spending in July, annual capex plans near $800 billion

In July, major US tech companies rolled out full-year capital expenditure plans totaling close to $800 billion, directing funds toward AI servers, data centers, proprietary chips and memory capacity. The Philadelphia Semiconductor Index initially dropped 11% in one week, with nearly 70% of semiconductor names down over 20% from their highs, before a late-month earnings-driven rebound lifted the index 8.19% in a single session. Alphabet raised its annual capex to $195–205 billion, Microsoft kept its $190 billion plan and Meta lifted its range to $130–145 billion. Intel raised its full-year spending to $20 billion and Tesla reaffirmed more than $25 billion in capex. Memory chip makers and other semiconductor firms secured large cloud orders, driving sharp rallies; SanDisk surged nearly 26% in one day.

Effective: +30
Intensity: 80
Confidence: 80%
Horizon: Short term

Companies4

Companies3 Aug, 18:25positive

AMEC 2026 H1 Core Gross Profit Up RMB682 Million, R&D Spending Up 36.89%

AMEC reported that its H1 2026 core business gross profit rose by RMB682 million year-on-year, while investment gains contributed RMB1.982 billion, up from RMB168 million in 2025. R&D spending reached RMB2.042 billion, up 36.89% to account for 30.52% of revenue. The company targets covering 60% of high-end semiconductor equipment within five years.

Effective: +55
Intensity: 80
Confidence: 85%
Horizon: Medium term

Companies3 Aug, 15:50positive

Foundry Major Sees Capacity Utilization Nearing Full Target as Order Backlog, Contract Talks Advance

A major foundry is expected to return to full capacity utilization as order backlogs and contract negotiations advance. Utilization gains are driven by HBM4 adoption of a 4-nanometer process and stronger 2-nanometer demand from cloud and AI/high-performance computing customers. The company's utilization has remained below 50% since 2024, with high fixed costs causing losses; normalization would improve profitability. Qualcomm, AMD, and Google are in talks, while Taylor Fab 1 is slated for 2026 production and Fab 2 for 2030 mass production.

Effective: +34
Intensity: 65
Confidence: 80%
Horizon: Medium term

Companies30 Jul, 09:43positive

Samsung Electronics Q2 2026 Revenue 171.5 Trillion Won, Record Operating Profit 89.5 Trillion Won

Samsung Electronics reported a record operating profit of 89.5 trillion won for the second quarter of 2026, up 1,814% year-on-year, driven by AI-fueled memory chip demand. Revenue rose 130% to 171.5 trillion won, while net profit surged 1,299.9% to 71.6245 trillion won. The semiconductor division contributed almost all profit, with the Device Solutions unit posting record sales and profit. The mobile business swung to an operating loss due to soaring chip prices. Shares closed up 2.44% but remain down over 40% from their June all-time high.

Effective: +34
Intensity: 95
Confidence: 90%
Horizon: Medium term

Companies31 Jul, 05:40positive

Apple Raises Prices on Soaring Memory Costs, Warns Supply Limits Will Severely Hit iPhone, iPad, Mac Revenue

During Apple’s fiscal third-quarter 2026 earnings call, CEO Tim Cook said the company had reluctantly raised some product prices because memory costs were surging in a once-in-a-century spike. Cook warned that supply constraints would have a significantly larger impact on September-quarter revenue than in the just-ended quarter, affecting the iPhone, iPad, and Mac product lines.

Effective: +31
Intensity: 80
Confidence: 90%
Horizon: Short term