On September 24, the semiconductor supply chain strengthened against the broader market trend, with Ningbo Kangqiang Electronics Co.,Ltd. (002119) notching a second consecutive limit-up. The stock currently ranks first on Tonghuashun's hot stock list. Gaokai Technology rose as much as 12% intraday, hitting a new high since listing. Earlier, Jinchen Corp posted two straight limit-ups, while Torrance, Shengmei Shanghai, Lvtong Technology and Guangzhi Technology followed with gains.
The speculation around Ningbo Kangqiang Electronics Co.,Ltd. (002119) centers on its domestic substitution attributes in semiconductor packaging materials. The company's main business covers lead frames, bonding wires and other semiconductor packaging materials, with products directly applied in the integrated circuit packaging process. Against the backdrop of accelerating domestic substitution of semiconductor materials and rising demand for advanced packaging, the packaging materials segment in which the company operates carries strong thematic recognition.
On the news front, data from the international semiconductor industry association showed that global semiconductor equipment sales reached US$40.53 billion in the second quarter of 2026, up 23% year-on-year and 11% quarter-on-quarter, setting a record high for a second consecutive quarter, as equipment procurement demand driven by AI computing capacity expansion continues to transmit upstream. On Tuesday local time, Meta's AI agent MUse saw a surge in downloads, further boosting investor optimism toward AI-related chip stocks and technology stocks, with the Nasdaq rising for a fourth consecutive trading session and closing at a record high. Source: market data, public information, financial media.
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