AI boosts economic sentiment, chip industry sees growth in performance and capacity in the first half of the year

Driven by the explosive growth of artificial intelligence applications, the chip industry is ushering in development opportunities. According to statistics from Shanghai Securities Journal, among the 102 A-share companies classified under Shenwan's industry categories of digital chip design, analog chip design, integrated circuit manufacturing, and integrated circuit packaging and testing, 66 companies achieved profitability in the first half of the year, with 38 companies reporting year-on-year net profit growth and 7 companies turning losses into profits; another 15 companies reduced their losses. Companies such as Cambricon, Halo, Demingli, SiRuipu, and Xindong Lianke are among those with significant revenue growth. From chip design and manufacturing to packaging, the performance of companies in the chip industry chain is thriving, with foundry capacity utilization rates climbing, and the overall industry showing a positive trend of rising demand and optimistic expectations