Proceedings of the 2026 2nd International Conference on Financial Innovation and Marketing Management (FIMM 2026)

2026 2nd International Conference on Financial Innovation and Marketing Management (FIMM 2026)

📍Singapore, Singapore🗓️ 2-4 July 2026
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The Impact of AI on the Market Valuation of Semiconductor Companies

Authors
Xingkai Qiu1, *
1School of Liberal Arts, Macau University of Science and Technology, Macau, China
*Corresponding author. Email: 1240008936@student.must.edu.mo
Corresponding Author
Xingkai Qiu
Available Online 23 October 2026.
DOI
10.2991/978-94-6239-801-6_79How to use a DOI?
Keywords
AI strategic investment; market valuation; semiconductor companies
Abstract

This paper discusses the impact of semiconductor companies’ AI strategic investment on market valuation against the backdrop of AI technology development. The study selects 47 global semiconductor companies as a sample, using the revenue share of AI business and the density of AI keywords in annual reports as core explanatory variables, and the price-to-earnings ratio (PE), price-to-book ratio (PB), and price-to-sales ratio (PS) as dependent variables. Descriptive statistics, correlation analysis, and linear regression models are used to conduct an empirical analysis. The study concludes that: First, AI strategic investment has a significant positive impact on the market valuation of semiconductor companies; the higher the proportion of AI business and the more comprehensive the disclosure of AI information, the higher the company’s valuation level. Second, different valuation indicators show varying sensitivities to AI strategic investment. PS is the most sensitive to AI investment, followed by PB, while PE is relatively weaker, indicating that the market focuses more on the expected revenue growth and growth option value brought by AI. This research provides empirical support for understanding the value creation mechanism of enterprises in the AI era.

Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2026 2nd International Conference on Financial Innovation and Marketing Management (FIMM 2026)
Series
Advances in Economics, Business and Management Research
Publication Date
23 October 2026
ISBN
978-94-6239-801-6
ISSN
2352-5428
DOI
10.2991/978-94-6239-801-6_79How to use a DOI?
Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Xingkai Qiu
PY  - 2026
DA  - 2026/10/23
TI  - The Impact of AI on the Market Valuation of Semiconductor Companies
BT  - Proceedings of the 2026 2nd International Conference on Financial Innovation and Marketing Management (FIMM 2026)
PB  - Atlantis Press
SP  - 755
EP  - 765
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-801-6_79
DO  - 10.2991/978-94-6239-801-6_79
ID  - Qiu2026
ER  -