Share prices of semiconductor companies listed on the Hong Kong stock exchange saw significant gains on Monday following reports of Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest semiconductor producer, intending to raise its wafer prices by over 5%.
Brainhole Technology’s stock price soared by 7.50% in morning trading, with Shanghai Fudan Microelectronics climbing 3.80%, HG Semiconductor rising 2.47%, Semiconductor Manufacturing International increasing by 2.38%, and Contel Technology edging 1.28% higher.
The surge was triggered by a report from Taiwan’s Commercial Times, indicating that TSMC is set to boost prices for its 3nm wafers by more than 5%, with a projected 10% to 20% increase in advanced packaging prices next year. The report also mentioned that major clients like Apple, Nvidia, and five others have already reserved all production capacity at TSMC until 2026.
