Technology · 10.1

Semiconductor Value Chain

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

Average net impact+29weighted per event

Average gross impact35absolute weighted average

Events151same 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 22

+290-29

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

+29

15 Jul151 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate4%187 cumulative effective impact

Short term34%1777 cumulative effective impact

Medium term48%2525 cumulative effective impact

Long term14%738 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 2 of 15 · 149 events

Macro3

Macro27 Jul, 17:47positive

South Korean President Lee Jae-myung’s First US Visit Brings $950 Billion Semiconductor-AI Plan

During his first US visit as president on July 24, 2026, South Korea’s Lee Jae-myung joined major Korean semiconductor firms and US artificial intelligence companies in announcing a series of cooperation plans worth approximately $950 billion. Lee met with NVIDIA CEO Jensen Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, and Broadcom CEO Hock Tan, and attended the San Francisco AI Summit. The summit was also attended by Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won.

Effective: +65
Intensity: 92
Confidence: 82%
Horizon: Long term

Macro27 Jul, 09:05positive

AI, Semiconductor Exports Surge in H1 2026; Wuxi Back in Top 10, Suzhou AI Trade 600B Yuan

In the first half of 2026, several Chinese foreign-trade hubs reported strong export growth in AI and semiconductor products. Wuxi's total trade reached 499.1 billion yuan, up 28.5%, returning to the national top 10 after eight years, with exports growing 35.5%—the fastest among the top 10. Suzhou's trade approached 2 trillion yuan, up 40.9%, and its AI-related trade exceeded 600 billion yuan, more than doubling. Xi'an's integrated circuit trade totaled 267.8 billion yuan. Zhongshan's IC exports surged 454.1%. Wuxi's AI product exports rose 75.3% to 179.6 billion yuan, and computer parts exports jumped 4.6 times. South Korean firms expanded investments: SK Hynix invested 581.1 billion won in Wuxi, and Samsung invested 465.4 billion won in Xi'an.

Effective: +63
Intensity: 90
Confidence: 90%
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: +63
Intensity: 82
Confidence: 90%
Horizon: Medium term

Industries1

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: +65
Intensity: 85
Confidence: 90%
Horizon: Short term

Companies6

Companies29 Jul, 05:07positive

ChangXin Memory Technologies aims to raise about RMB66.6 billion in Shanghai IPO; Q1 revenue jumps over 700%

ChangXin Memory Technologies, China’s top DRAM maker, plans to list on the Shanghai Stock Exchange and raise up to approximately RMB66.6 billion, in what would be Asia’s largest IPO of 2026 and one of China’s biggest on record. Strong investor appetite pushed the offer price to about double the earlier guidance. The company reported first-quarter 2026 revenue of RMB50.8 billion, a year-on-year surge of more than 700%, while its global memory-chip market share reached 8%, up from 3% a year earlier. It swung to a profit of over $1 billion in 2025 from a near $3 billion loss in 2023, though it still trails leaders in advanced technology and faces export curbs.

Effective: +65
Intensity: 85
Confidence: 85%
Horizon: Short 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: +65
Intensity: 80
Confidence: 90%
Horizon: Short term

Companies30 Jul, 23:29positive

TSMC Plans $49 Billion Investment in Four Fabs for 1.4nm Chips by Mid-2028, First Full AI Integration

TSMC is investing $49 billion to build four fabs for its 1.4-nanometer (A14) chip process, targeting mass production by mid-2028. For the first time, the company will fully integrate artificial intelligence (AI) systems to manage construction risks, optimize thermal management, and improve operational efficiency. The AI monitors heavy equipment, cleanroom assembly, and safety, while also controlling EUV lithography cooling to prevent wafer deformation. Market rumors suggest each 1.4nm wafer could cost $45,000.

Effective: +62
Intensity: 85
Confidence: 90%
Horizon: Medium term

Companies27 Jul, 08:01positive

Presidential Office: Samsung, Broadcom Sign Five-Year 2000 Hundred Million Dollar AI Chip Foundry Deal

South Korea's presidential office announced that Samsung Electronics and Broadcom signed an MOU for a foundry partnership to supply advanced memory semiconductors worth 2000 hundred million US dollars over five years, including AI chip production. SK Group also secured a long-term supply deal for advanced memory semiconductors valued at 7500 hundred million US dollars with global tech giants including NVIDIA, with data center cooperation also to begin. The official stressed these are binding long-term procurement contracts, not letters of intent, with NVIDIA and Broadcom having placed firm orders to ensure stable production.

Effective: +62
Intensity: 85
Confidence: 85%
Horizon: Long term

Companies28 Jul, 16:29positive

Changxin Technology STAR Debut: Market Cap Tops RMB3.2 Trillion, Founder Commits 768 Million Shares to

Changxin Technology debuted on the STAR Market on July 27, 2026, with its market capitalisation closing above RMB3.2 trillion, surpassing Intel. Founder Zhu Yiming committed 768 million shares—half of his 1.536 billion shares—to a ten-year employee incentive plan valued at about RMB36.75 billion, with no new share issuance. Shares begin vesting after a 36-month lock-up, with full distribution over ten years. Zhu also agreed not to sell his remaining shares for a decade. Major shareholders include Hefei state-owned entities (36.79%), Alibaba affiliates (4.97%), and Tencent (1.50%), alongside Nio, BYD, and national funds. The company employs nearly 20,000 people, with 6,259 in R&D.

Effective: +61
Intensity: 85
Confidence: 80%
Horizon: Medium term

Companies27 Jul, 11:19positive

Changxin Memory Technologies Lists on July 27, 2026, Raising 57.9 Billion Yuan; Q1 Operating Margin Near 70%

Changxin Memory Technologies, mainland China's sole DRAM mass producer, listed on July 27, 2026, raising 57.9 billion yuan. In Q1 2026, revenue reached 50.8 billion yuan with an operating margin near 70%. In 2025, DDR sales surged 282% and unit costs fell 26%. The company turned net profit positive in 2025 after a loss in 2023.

Effective: +61
Intensity: 85
Confidence: 90%
Horizon: Short term