Buy HHUSF by Jun 15, 2026.

Recent reporting from Reuters highlights a significant step in China's semiconductor self-sufficiency efforts. Hua Hong Semiconductor, the country's second-largest chipmaker, is preparing to produce 7nm chips at its Fab 6 facility in Shanghai through its foundry arm, Huali Microelectronics. This would make Hua Hong only the second domestic player, after SMIC, capable of 7nm fabrication. Key details from the report: \- Development of the 7nm process began last year, supported by domestic equipment suppliers, including those backed by Huawei (such …