Technology · 10.1

Semiconductor Value Chain

Quantified news impact based on deduplicated, quality-reviewed events in a single 20-day window.

Average net impact+24weighted per event

Average gross impact29absolute weighted average

Events151same period

Confidence77%model average

Raw intensity64before weighting

Previous period0net impact

Gross changeInsufficient base

Diffusion speed7.6 / day

Concentration1%

Direction disagreement18%

Source independence97%28 sources

IMPACT TREND

20-day effective impact

Positive 118 · Negative 11 · Mixed 22

+320-32

11 Jul0 events

13 Jul0 events

15 Jul1 event

16 Jul0 events

18 Jul0 events

20 Jul1 event

21 Jul0 events

23 Jul0 events

+21

25 Jul4 events

+24

26 Jul71 events

+17

28 Jul40 events

+32

30 Jul34 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate4%163 cumulative effective impact

Short term35%1527 cumulative effective impact

Medium term48%2063 cumulative effective impact

Long term14%588 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 11 of 15 · 148 events

Macro1

Macro31 Jul, 10:07positive

China's Trade with BRI Partners Hits RMB 12.97 Trillion in H1 2026, Up 14.8%

China's National Development and Reform Commission reported that in the first half of 2026, goods trade with Belt and Road partner countries reached RMB 12.97 trillion, up 14.8% year on year, accounting for 50.9% of total foreign trade. Investment cooperation expanded into high-tech and green sectors. Infrastructure projects advanced, including the Hungary-Serbia Railway's freight service launch, full construction of the China-Kyrgyzstan-Uzbekistan Railway, and 11,186 China-Europe freight train trips, a 20.2% increase.

Effective: +16
Intensity: 40
Confidence: 50%
Horizon: Long term

Industries1

Industries27 Jul, 23:27positive

Cadence AI-Driven Design Tools Certified for Intel Foundry 18A-P and 14A Nodes

Intel Foundry and Cadence announced certification of Cadence's full AI-driven digital and custom reference flows and design tools on Intel 18A-P and 14A process nodes. The certification leverages Intel's latest PDK with RibbonFET and second-generation backside power delivery technologies. The companies also jointly developed an advanced packaging reference flow for Intel's EMIB technology and completed silicon verification of interface and memory IP on Intel 18A.

Effective: +19
Intensity: 60
Confidence: 70%
Horizon: Long term

Companies8

Companies27 Jul, 18:56positive

Nvidia and Broadcom Begin Small-Volume Shipments of CPO Switches

Nvidia and Broadcom have started shipping small quantities of co-packaged optics (CPO) switches. The ramp-up is constrained by the yield of optical engines and the availability of advanced packaging capacity, both of which are critical factors determining the pace of volume growth. The companies are working to improve these areas to boost shipments in the near term.

Effective: +19
Intensity: 60
Confidence: 70%
Horizon: Short term

Companies31 Jul, 16:30positive

AMEC Establishes Wholly-Owned Subsidiary for Semiconductor Device Equipment

Advanced Micro-Fabrication Equipment Inc. (AMEC) has recently established a wholly-owned subsidiary, Zhongwei Semiconductor Equipment (Wuhan) Co. , Ltd. The new company's business scope covers manufacturing and sales of specialized equipment for semiconductor devices and discrete semiconductor devices, expanding AMEC's footprint in the semiconductor equipment market.

Effective: +17
Intensity: 40
Confidence: 70%
Horizon: Medium term

Companies15 Jul, 12:27positive

CXMT Prices STAR Market IPO at 8.66 Yuan, Implied Market Cap of 579.2 Billion Yuan

CXMT (ChangXin Memory Technologies) priced its initial public offering on the Shanghai Stock Exchange's STAR Market at 8.66 yuan per share. The company will issue 6.69 billion shares, with online and offline subscriptions scheduled for July 16. The implied market capitalization after listing is approximately 579.2 billion yuan. Based on the offering price, the diluted price-to-earnings ratio for 2025 is 308.92 times. Founded in 2016, CXMT designs, develops, and manufactures DRAM chips for smartphones, PCs, tablets, servers, and other devices, with products including DDR4, DDR5, LPDDR4X, and LPDDR5X memory.

Effective: +16
Intensity: 75
Confidence: 80%
Horizon: Medium term

Companies27 Jul, 10:56positive

Changxin Technology Strategic Placement List Drives Mixed Stock Moves

Changxin Technology released its strategic placement list, allocating shares to large enterprises with strategic ties, including several listed companies. As of 10:45, Shanghai Silex rose over 2%, while Yitang Co. and Anji Technology each gained over 1%, and Xi'an Yicai-U edged up. Conversely, Precision Technology, Tongfu Microelectronics, and Huaqin Technology each fell over 2%, and ZTE and TCL Technology edged down.

Effective: +15
Intensity: 50
Confidence: 70%
Horizon: Medium term

Companies27 Jul, 21:30positive

Pudong Jinqiao Commits 100M Yuan to Shanghai Zhiwei Lingfeng VC for Semiconductors & Strategic Industries

Pudong Jinqiao, through its subsidiary Shanghai Jinqiao Capital Management Co. , Ltd. , has committed 100 million yuan as a limited partner to the newly established Shanghai Zhiwei Lingfeng Venture Capital Partnership. The fund will focus on semiconductors and strategic emerging industries. This investment marks Jinqiao Capital's first participation in a regional leading corporate venture capital (CVC) industry fund.

Effective: +15
Intensity: 50
Confidence: 80%
Horizon: Medium term

Companies30 Jul, 18:42positive

Yongyi Electronics Chairman Proposes Share Buyback of RMB 100-150 Million for Employee Incentives

Yongyi Electronics (688362) announced on July 30 that its actual controller, chairman, and general manager Wang Shunbo proposed a share buyback of A-shares using own or self-raised funds. The total repurchase amount is set at no less than RMB 100 million and no more than RMB 150 million. The repurchased shares will be used for employee stock ownership plans or equity incentives.

Effective: +15
Intensity: 40
Confidence: 80%
Horizon: Short term

Companies29 Jul, 21:39positive

Multiple Companies Release H1 2026 Results: Western Mining Net Profit Up 123%, Kaimeite Gas Down 60.75%

Several Chinese companies reported first-half 2026 earnings. Western Mining posted net profit of RMB 4.169 billion, up 123% year-on-year, while Kaimeite Gas saw net profit fall 60.75% to RMB 21.92 million. Other firms including Shengtun Mining, Mebon Bond, Lujiazui, Hongfa Technology, Zhongke Environmental, Hanbell Precise Machinery, and Fuman Microelectronics also disclosed results, with most showing growth.

Effective: +15
Intensity: 40
Confidence: 70%
Horizon: Short term

Companies27 Jul, 15:44negative

Eoptolink Issues Positive Interim Profit Alert as Shares Halve; Cites Imported Chip Cost Risks

Eoptolink Technology released a positive half-year earnings forecast, showing profit growth. However, its stock price has fallen about 50% from a record high. The company warned that its high-end optical chips, particularly EML chips for 1.6T optical modules, depend on imports, subjecting costs to uncontrollable volatility.

Effective: -15
Intensity: 50
Confidence: 65%
Horizon: Medium term