Hong Kong-listed chip stocks opened higher, with Biren Technology (06082.HK) surging over 5%, GigaDevice (03986.HK) and Innoscience (02577.HK) both rising over 3%. Montage Technology (06809.HK), SMIC (00981.HK), and Hua Hong Grace (01347.HK) also fol

2026-07-22

Hong Kong-listed chip stocks opened higher, with Biren Technology (06082.HK) surging over 5%, GigaDevice (03986.HK) and Innoscience (02577.HK) both rising over 3%. Montage Technology (06809.HK), SMIC (00981.HK), and Hua Hong Grace (01347.HK) also followed suit. In related news, TSMC reportedly plans to raise prices for advanced and mature processes starting in 2027, with a base increase of up to 10%, and additional orders for some AI high-performance computing chips may see even higher price increases.