# Goldman Sachs Cuts Hua Hong Semiconductor Target Price

> Goldman Sachs lowers Hua Hong Semiconductor H-share target by 13.7% to HK$289, keeping 'Buy' rating.
- Title: Goldman Sachs Cuts Hua Hong Semiconductor Target Price
- Summary: Goldman Sachs lowers Hua Hong Semiconductor H-share target by 13.7% to HK$289, keeping 'Buy' rating. Goldman Sachs reduced Hua Hong Semiconductor's H-share…
- Keywords: goldman sachs, hua hong semiconductor, h-share, target price, buy rating, generative ai, 12-inch manufacturing capacity, non-volatile memory, power management integrated circuits, finance, markets, Goldman
- Source: BigGo Finance — https://finance.biggo.com/news/19fde7f6-6a0b-4b42-8e50-e572cd4e0b33
- Author: BigGo Finance
- Published: 2026-10-22T03:35:56+00:00
- Read time: 1 min
- Topics: goldman sachs, hua hong semiconductor, h-share, target price, buy rating, generative ai, 12-inch manufacturing capacity, non-volatile memory, power management integrated circuits, finance, markets
## Goldman Sachs Adjusts Hua Hong Target
Goldman Sachs cuts Hua Hong Semiconductor H-share target price from HK$335 to HK$289, a 13.7% reduction.
## Net Profit Forecasts Revised
Goldman Sachs lowers net profit forecasts for 2026 by 5% and 2027 by 2%, raising 2028 forecast by 3%.
## Generative AI Impact on Demand
Investment in generative AI drives demand for non-volatile memory and power management integrated circuits.
## Long-Term Capacity Expansion
12-inch manufacturing capacity expansion expected to create economies of scale over the long term.
## Key takeaway

Goldman Sachs reduced Hua Hong Semiconductor's H-share target price from HK$335 to HK$289, a 13.7% cut, while maintaining a 'Buy' rating.