Recently, the trade friction between China and the United States has intensified, prompting the Chinese government to respond swiftly with a series of countermeasures. The China Semiconductor Industry Association issued an important notice on April 11, requiring all imported chips to clearly label their country of origin to complete customs procedures. This move not only … Read more
A good company ≠ good prices; discovering a good company ≠ encountering a good opportunity! Domestic high-end chips are about to experience explosive growth! It is well known that high-end chips and related materials and equipment have been banned from sale, viewed as a lethal weapon by both parties in the U.S. to curb China’s … Read more
In April 2025, China implemented a policy imposing tariffs of up to 125% on US chips, directly targeting the Achilles’ heel of the American chip industry—manufacturing hollowing out. This move not only puts American companies in a dilemma but also unexpectedly exposes the fatal flaw in Trump’s “chip repatriation” strategy. Wafer Fabrication Target: The “Identity … Read more
The latest semiconductor policy in China, “Place of Wafer Fabrication Equals Place of Origin,” directly changes the rules for determining the “nationality” of chips. Previously, the “nationality” of a chip could be influenced by its packaging location or the location of the design company; now it only considers the country where it is manufactured in … Read more
Winds are rising, and the road ahead is long. Written by | Ru Qing, Xiao FenImage Source | IC photo History is often surprisingly similar. In the 1980s, during the peak of the Japanese semiconductor industry, it first surpassed the United States in market share, becoming the world’s largest semiconductor producer, which led to restrictions … Read more
When the U.S. Department of Commerce announced an indefinite export ban on Nvidia’s H20 chip, was the Chinese AI chip industry ready to take over?Huawei’s Ascend 910C inference performance is already close to 60% of the NVIDIA H100, a figure that reflects not only breakthroughs in technological catch-up but also an industrial restructuring driven by … Read more
Revenue surged by 4230.22% year-on-year? After being “highly anticipated” for many years, domestic AI chip leader Cambricon has finally delivered an astonishing performance report. On the evening of April 18, Cambricon released its Q1 2025 financial report, with quarterly revenue reaching 1.111 billion yuan, a year-on-year increase of 4230.22%, and a net profit of 355 … Read more
Upon seeing the news that the United States announced exemptions from tariffs on certain semiconductor equipment, many immediately thought of “bad news being fully priced in.” However, they overlooked the hidden information behind it: products originating from China can be exempt from a 125% tariff if they meet the condition of “U.S. content ≥ 20%” … Read more
Event: On April 11, the China Semiconductor Industry Association issued an “Emergency Notice on the Origin Certification Rules for Semiconductor Products.” According to the relevant regulations of the General Administration of Customs, the origin of “integrated circuits” is determined based on the four-digit tariff number change principle, meaning that the wafer fabrication location is recognized … Read more
This article only summarizes the latest fundamentals of companies and the industry, and does not recommend buying or selling stocks at this time. This article does not provide individual stock operation guidance; investment carries risks, and one should be cautious when entering the market. . Customs Standard Update: U.S. Imported Chips Based on Wafer Fab … Read more