[Market Focus] Fidelix Shares Surge on Spotlight as Semiconductor Supplier to SMIC Amid China's Push for AI Chip Self-Sufficiency

Fidelix shares are showing strong performance. The company's role as a supplier of memory semiconductors to SMIC, the largest semiconductor company in China, has come into the spotlight following news that China is accelerating its efforts to achieve self-sufficiency in artificial intelligence (AI) semiconductors.

As of 3:05 p.m. on September 17, Fidelix shares were trading at 1,340 won, up 10.65% from the previous day.

Fidelix is a fabless company specializing in the design of memory semiconductors, developing products such as mobile DRAM, ultra-high-speed memory, and NOR flash memory. The company has a strategic partnership with SMIC in the flash memory sector, and its largest shareholder is Dongxin Semiconductor Co., Ltd., a Chinese semiconductor company.

Reports that major Chinese tech companies such as Alibaba and Baidu are training AI models using their own custom-designed semiconductors-thereby reducing reliance on Nvidia and making 'AI self-sufficiency' a reality-appear to have served as a positive catalyst. In May this year, Jensen Huang, CEO of Nvidia, also expressed concerns, stating, "The U.S. export control strategy toward China is misguided" and "will only accelerate China's ambitions in AI chips."

It has been reported that Shanghai aims to achieve 70% localization of data center chips by 2027, while Beijing is pursuing 100% self-sufficiency. As a result, semiconductor production is increasingly concentrated among Chinese companies, leading to expectations that Fidelix's business performance will also improve.