Multi-factor resonance and the release of the third quarter performance of the semiconductor industry chain.

With the disclosure of the third quarter report of A shares in 2025 coming to an end, the semiconductor industry has presented an impressive "report card". According to data from Tonghuashun, as of October 31, in addition to two "A+H" listed companies, Huahong Company and SMIC International, which will disclose their third quarter performance in early November, there are a total of 164 semiconductor companies in A shares that have disclosed their third quarter reports, with 107 companies achieving positive net profit growth, accounting for 65.24%. From AI chip design to storage, and then to leading companies in niche markets, the "value" of AI has become one of the core criteria for measuring performance. The third quarter report data of A-share listed companies are generally impressive, with most companies significantly strengthening their profitability, confirming that a new boom cycle initiated by AI is accelerating.