Technology · 10.1

Semiconductor Value Chain

Quantified news impact based on deduplicated, quality-reviewed events in a single 200-day window.

Average net impact+28weighted per event

Average gross impact34absolute weighted average

Events152same period

Confidence77%model average

Raw intensity64before weighting

Previous period0net impact

Gross changeInsufficient base

Diffusion speed0.8 / day

Concentration1%

Direction disagreement17%

Source independence97%28 sources

IMPACT TREND

200-day effective impact

Positive 118 · Negative 11 · Mixed 23

+280-28

12 Jan0 events

29 Jan0 events

15 Feb0 events

3 Mar0 events

20 Mar0 events

6 Apr0 events

22 Apr0 events

9 May0 events

26 May0 events

11 Jun0 events

28 Jun0 events

+28

15 Jul152 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate4%187 cumulative effective impact

Short term34%1777 cumulative effective impact

Medium term48%2524 cumulative effective impact

Long term14%738 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 12 of 16 · 151 events

Macro2

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: +17
Intensity: 40
Confidence: 50%
Horizon: Long term

Macro27 Jul, 08:31positive

Trump Suspends Air Strikes on Iran, Oil Prices Plunge Over 5%, Asian Stocks Rise

On July 27, Asian stock markets opened with gains. South Korea's KOSPI rose 0.44%, with Samsung Electronics up over 2% and SK Hynix up over 1%. Japan's Nikkei 225 gained over 300 points, or 0.47%. The moves followed President Trump's order to suspend air strikes on Iran, as the US military refrained from attacks for two consecutive nights and Iran paused retaliatory actions. International oil prices fell sharply, with WTI crude down 5.83% to $84.10 and Brent crude down 5.13% to $86.98.

Effective: +15
Intensity: 30
Confidence: 80%
Horizon: Short term

Industries1

Industries27 Jul, 15:40positive

Google and Samsung Wear OS Deal: Samsung Exits Tizen, Galaxy Watch 9 Gets 5-Year Updates, Pixel Watch 5 Gets

Google and Samsung reached a 2021 agreement that led Samsung to permanently shut down its Tizen smartwatch operating system and integrate its code into Wear OS, securing exclusive rights to launch new Wear OS versions. Samsung now equips the Galaxy Watch 9 and Galaxy Watch Ultra 2 with a 3nm Qualcomm Snapdragon Wear Edition chip and offers five years of major system updates, while Google's Pixel Watch 5 retains older hardware and receives only two to three years of updates. Wear OS relies heavily on Samsung's research and development for motion tracking and battery optimization.

Effective: +12
Intensity: 30
Confidence: 70%
Horizon: Medium term

Companies7

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

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: +17
Intensity: 40
Confidence: 70%
Horizon: Short 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: +16
Intensity: 40
Confidence: 80%
Horizon: Short term

Companies28 Jul, 11:06positive

Jiangfeng Electronics Fully Owns New Shaoxing Semiconductor Materials Company with 10 Million Yuan Registered

Jiangfeng Electronics has established a wholly owned subsidiary, Shaoxing Jingfeng Xintuo Semiconductor Materials Co. , Ltd. , with a registered capital of RMB 10 million. The legal representative is Bian Yijun, and the business scope covers the manufacturing, sales, and research and development of electronic special materials.

Effective: +16
Intensity: 40
Confidence: 80%
Horizon: Medium term

Companies27 Jul, 16:23positive

Goodix Technology Launches Single-Chip CGM Solution GR511x with Bluetooth LE and Electrochemical AFE

Goodix Technology on July 27 launched the GR511x, a single-chip solution for continuous glucose monitoring (CGM). The chip integrates a Bluetooth Low Energy radio and an electrochemical sensor analog front end (AFE), enabling customers to build CGM products that are miniaturized, highly accurate, and power-efficient. The solution supports thinner designs and volume production for next-generation CGM devices.

Effective: +16
Intensity: 40
Confidence: 80%
Horizon: Short term

Companies27 Jul, 13:24positive

Baidu Q1 Revenue 32.1 Billion Yuan, Net Profit Down 55%, AI Share Rises to 52%

Baidu reported Q1 2026 total revenue of RMB 32.1 billion, down 1.16% year-on-year, with net profit attributable to shareholders falling 55.36% to RMB 3.445 billion. AI business revenue as a share of general business rose to 52% from 43% in Q4 2025, driven by intelligent cloud revenue of RMB 8.8 billion, up 79%. Traditional online marketing revenue declined 22% to RMB 12.6 billion. Apollo Go provided 3.2 million fully driverless rides, with total orders up over 120%. Kunlun Chip began its STAR Market listing process in May 2026.

Effective: +14
Intensity: 30
Confidence: 60%
Horizon: Long term

Companies27 Jul, 12:40positive

Microsoft Prioritizes AI Compute for 365 Copilot and GitHub Copilot Over Azure Clients

Microsoft Chief Financial Officer Amy Hood said in January that the company allocates AI compute capacity first to its own AI products, then to long-term R&D, and lastly to Azure customers. If all GPUs deployed in the first half of the fiscal year had been allocated to Azure, its growth rate would have exceeded 40% instead of the actual 39%. Azure sales quotas were raised by up to 30%. After a series of GitHub outages, Microsoft used Amazon cloud capacity and explored renting Oracle infrastructure, but security and compliance concerns stalled the latter.

Effective: +13
Intensity: 40
Confidence: 60%
Horizon: Short term