The "AI+" OPC Supply and Demand Ecosystem Matching Conference was held in Zhuhai.
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The 2026 Open Computing Technology Conference will be held in Beijing on July 9th.
Mars Finance reported on July 3rd that the 2026 Open Computing Technology Conference (OCTS 2026) will be held in Beijing on July 9th. The conference will feature one main forum and six technical sub-forums, focusing on cutting-edge topics such as data center infrastructure, computing-power collaboration, sustainable computing, open system design, GW-level open intelligent computing centers, and intelligent computing firmware ecosystem. The aim is to foster exchange and discussion on promoting cutting-edge innovation in AI computing infrastructure. (Wide-angle observation)
The China-Shanghai Cooperation Organization Science and Technology Innovation Cooperation Conference was held in Qingdao.
According to Mars Finance, the first China-Shanghai Cooperation Organisation (SCO) Science and Technology Innovation Cooperation Conference was held in Qingdao, Shandong Province. The conference, themed "Smart SCO, Shared Future – Building a New Ecosystem of Open and Inclusive International Science and Technology Cooperation," brought together government officials, renowned scientists, technology company leaders, and young science and technology pioneers from SCO member states to conduct in-depth and multi-dimensional dialogues and industry matchmaking on key topics such as artificial intelligence applications, cutting-edge technology transfer, and innovation resource sharing. During the conference, a series of activities were held, including the release of 100 scientific and technological achievements and 100 technological needs between China and SCO member states, the signing of SCO member states' science and technology innovation cooperation projects, and the SCO member states' youth innovation and entrepreneurship competition. (Cailian Press)
Goldman Sachs: Demand continues to far exceed supply; raises TSMC ADR target price to $600
According to Mars Finance, Goldman Sachs raised its 12-month target price for TSMC from NT$2,750 to NT$3,000 ahead of the company's second-quarter earnings release. The target price for TSMC's ADRs was also raised from US$550 to US$600, with a reiterated "Buy" rating and maintained a PE ratio of 22x based on the company's estimated 2027 EPS. Goldman Sachs believes that demand for AI and high-performance computing (HPC) has been a structural growth engine for TSMC for many years. Last quarter, the bank observed even stronger momentum in 2027, particularly from demand for AI accelerators and server CPUs, with demand continuing to far exceed supply in both advanced process nodes and advanced packaging. Goldman Sachs expects TSMC to further accelerate its capacity expansion and capital expenditures, while continued productivity improvements and strategic pricing will drive gross margins towards a structurally higher trajectory in 2027 and beyond. (Cailian Press)
The 2026 China Internet Conference will be held, focusing on core topics such as the industrialization of AI, the interconnection and interoperability of computing power, and the marketization of data elements.
Mars Finance reports that the 25th China Internet Conference will be held from July 8th to 10th. This year's conference will likely focus on core topics such as the industrialization of AI, computing power interconnection, and the marketization of data elements. The Ministry of Industry and Information Technology previously released the "Computing Power Interconnection Action Plan," aiming to establish a computing power interconnection standard system by 2026, with the "Millisecond-Level Computing" special action in urban areas being promoted simultaneously. (Cailian Press)
Nomura Securities: The core contradiction in the global storage industry remains a severe supply shortage, while AI-driven structural demand growth has not yet peaked.
According to Mars Finance, Nomura Securities, in its latest report, believes that the core contradiction in the global storage industry remains a severe supply shortage, and the structural demand growth driven by AI has not yet peaked. While recent investor concerns about oversupply are understandable, they are clearly excessive, and the market's overreaction may provide a window for reassessing the storage sector's valuation. Nomura Securities states bluntly in its report that market concerns are severely exaggerated. The cycle of semiconductor investment translating into actual production capacity is extremely long. South Korea's massive 4800 trillion won investment plan will take at least 5 to 10 years to convert into actual production capacity, and the squeeze on general-purpose storage capacity by high-profit HBM (high-bandwidth memory) is leading to a severe supply shortage in the market. Nomura Securities emphasizes that Meta's decision is by no means a turning point for reduced demand for AI-related hardware. On the contrary, due to the current shortage of computing power leading to an upward trend in single-token prices, the entry of Meta's computing power into the market is expected to stabilize token prices. (Cailian Press)
The recovery in semiconductor demand is spreading from AI to a wider range of industrial end markets, and supply chain tensions are shifting from digital chips to analog chips.
According to BlockBeats, on July 4th, analog chip giant Analog Devices (ADI) sent a formal letter to its customers, stating that due to a significant increase in overall semiconductor demand and continued supply shortages, lead times for some product portfolios have been extended to up to six months. ADI recommends that customers place orders at least six months in advance through channel partners and extend their order backlog accordingly. Critini Research analyst Jukan stated that this is an important signal of a recovery in semiconductor demand. Previously, market focus was on the shortage of AI training chips and HBM memory. The extended lead times for analog chips indicate that the demand recovery is spreading from AI to broader end markets such as industry and automotive, and the supply chain tensions are shifting from digital chips to analog chips.