Reported 21 days ago
Chinese chip-related stocks experienced significant gains following claims of a breakthrough in the development of domestically produced semiconductor-making equipment. This advancement aims to help China circumvent U.S. export restrictions on critical chip technology. Notably, Changchun UP Optotech Co. surged by the daily limit of 10%, while other companies like Sai Micro Electronics Inc. and Semiconductor Manufacturing International Corp. also saw substantial increases, indicating investor optimism about China's progress in semiconductor manufacturing.
Source: YAHOO