Movement Alert|NEXCHIP Rises 3.4% in Regular Trading, Huaqin Technology Continuous Share Purchases Combined with TSMC Mature Process Price Hike Expectations

Market Focus07-22

On July 22, NEXCHIP rose 3.4% in regular trading, trading at HK$32.74/share, with turnover of HK$141 million.

On the news front, Huaqin Technology's wholly-owned subsidiary has been intensively accumulating NEXCHIP H shares. On July 21, it purchased an additional 6.26 million shares at an average price of approximately HK$30.21 per share. Prior purchases on July 16, 17, and 20 totaled 4.41 million, 6.26 million, and 3.12 million shares respectively, lifting Huaqin's stake to approximately 10.62% of total issued capital.

Additionally, reports indicate TSMC may raise mature process chip prices in early 2027, marking the first non-advanced node price adjustment in over three years. This signals that AI-driven semiconductor demand is spreading from GPUs and high-performance computing into power management ICs and power devices served by mature nodes. The company confirmed in investor communications that orders remain robust and capacity utilization continues at elevated levels, further supporting market sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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