Caixin News Agency, July 31st (Editor Shi Zhengcheng) After half a month of adjustment, global semiconductor investors finally ushered in an industry wide upward trading day on Wednesday - today, as long as they have chip stocks in their hands, they can find corresponding good news.

The initial positive news occurred before dawn, as AMD, the second ranked company in the US AI chip industry, released its latest financial report at around 4am on Wednesday. While the core financial data exceeded expectations, the revenue of the most closely watched data center department doubled to a record breaking $2.8 billion.

CEO Su Zifeng revealed that the AI chip MI300 series will generate over $4.5 billion in revenue this year, surpassing the previous target of $4 billion, reflecting efforts to increase production. In the just passed second quarter, the revenue of MI300 series exceeded 1 billion US dollars.

According to the latest data before publication, AMD surged nearly 10% in pre-market trading on Wednesday. As concerns about the "AI investment cycle" fade in the market, Nvidia, which plunged sharply yesterday, also rose more than 5% before trading. Qualcomm, Arm, and Intel, which will release their financial reports in the next two days, have also risen along with the enthusiastic atmosphere of the semiconductor industry.

In addition to chip factories that sell shovels, wafer factories that make shovels have also taken off. As of press time, TSMC's US stock has risen over 4% in pre-market trading.

After the opening of the Wednesday session, Samsung Electronics, the world's largest memory and mobile phone manufacturer, delivered its second quarter report with a "six fold increase in net profit" as scheduled, which is also the fastest chip growth rate of the South Korean chip giant since 2010.

Samsung Electronics reported that the vast majority of its Q2 revenue growth came from its semiconductor division. Thanks to the rising prices of traditional memory chips and strong demand for high bandwidth memory chips (i.e. HBM chips), this department's operating profit reached 6.45 trillion Korean won (approximately 33.9 billion yuan).

Samsung Electronics expects the fifth generation HBM chip (HBM3e), which is highly valued in the investment market, to account for 10% of HBM chip sales this quarter, and this proportion is expected to rise to 60% by the last quarter of this year. The company revealed that it will provide products to "multiple customers".

Driven by this positive news, Samsung Electronics closed up 3.58%, and its memory chip competitor SK Hynix also rose 3.02%.

At the same time, in the just closed Chinese A-share market, thanks to the overall market's "boiling surge" today, the chip industry chain has also shown activity, with multiple stocks soaring.

Finally, on Wednesday afternoon, some media outlets cited "insiders from the Biden administration" to report on the latest semiconductor export control plan. However, according to media reports, in the latest malicious blockade and suppression policy of the United States, semiconductor equipment exporters from Japan, the Netherlands, and South Korea will be exempted.