Morgan Stanley's Recommended Leading Chinese AI GPU Stock

Investing.com — Morgan Stanley has identified the leading stocks most likely to benefit from China’s push to develop domestically produced AI chips, with the country’s goal to achieve 76% GPU self-sufficiency by 2030.

The firm’s analysis focuses on companies critical to the semiconductor supply chain in reaching this ambitious target.

1. Semiconductor Manufacturing International Corporation (SMIC) — Morgan Stanley lists SMIC as the top winner in China’s AI GPU sector. This wafer foundry is vital to China’s semiconductor ambitions, as all major domestic chip manufacturers rely on its advanced process manufacturing capabilities.

SMIC is a primary beneficiary of China’s goal to reach 76% GPU self-sufficiency by 2030, making it a cornerstone of the domestic AI chip supply chain.

2. NAURA Technology Group — The firm identifies NAURA as the preferred semiconductor equipment provider in this sector.

As China expands its AI chip manufacturing capacity, NAURA is expected to benefit from increased investment in domestic wafer fabs.

The company’s equipment solutions are crucial for building the infrastructure needed to support advanced chip production.

3. ASM Pacific Technology — Morgan Stanley is optimistic about ASM Pacific due to its advantages in advanced packaging technology.

This capability is especially important as Chinese AI GPU manufacturers utilize multi-chip packaging to bridge the gap in process nodes compared to international competitors.

Advanced packaging has become a key differentiator in domestic chip production, making ASM Pacific a vital driver of China’s AI semiconductor strategy.

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