Samsung Global Semiconductor (03132) surged more than 7%, rising 7.07% to HK$59.64 by the time of writing, with a turnover of HK$4.1597 million. The move follows stronger-than-expected first-quarter earnings from Advanced Micro Devices after Tuesday’s U.S. market close. According to the company’s financial report, its data center business has reached a structural growth inflection point amid accelerated deployment of global AI infrastructure. Notably, during the earnings call, AMD projected that the total addressable market for server central processing units (CPUs) would grow at a compound annual rate of over 35% in the coming years. The company also doubled its 2030 market size forecast to $120 billion, up from a previous estimate of $60 billion made last year. Earlier market reports indicated that due to surging demand for AI computing power, both AMD and Intel (INTC) raised prices for consumer CPUs by 5%–10% in March, while server CPU prices increased by 10%–20%. China Securities (CSC) believes this wave of price hikes is not a short-term fluctuation. Supply chain sources suggest shortages will persist through 2027, with another round of price adjustments likely in the third quarter of 2026. The firm noted that in the past, CPUs were increasingly marginalized in the value distribution of the computing power industry chain. However, surging CPU demand driven by Agentic AI, combined with upstream price increases and capacity constraints, has led to ongoing price hikes and shortages in the global CPU market since the beginning of the year.
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