[SMIC leads the Hong Kong stock semiconductor agency that AI catalytic industry boom has been repaired ahead of schedule] as of press time, SMIC (00981.HK) is up 4.31%, 02203.HK (brain Technology) is up 3.38%, and 02166.HK (Xin Chi Holdings) is up 3.33%. Citic Securities pointed out that after the catalysis of ChatGPT and AI concepts in the first quarter, current events are expected to promote the semiconductor industry to repair ahead of time, and the trend of month-on-month recovery is expected to continue. We look forward to the recovery of consumer electronics demand in the second half of the year and the long-term AI demand for computing power and storage.