Semiconductors
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AI demand drives triple-digit profit growth for Chinese chip foundries SMIC, Hua Hong
Surging Profits and Record Revenues Currently, China’s top two contract chipmakers, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Grace Semiconductor, saw their profits surge by triple digits in the…
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Zhipu AI shares jump as viral Ox Alpha model revealed as GLM-5.3-Flash on Chinese chips
Record Launch on Domestic Chips China’s Zhipu AI officially launched its open-weight model GLM-5.3-Flash, previously code-named Ox Alpha. Specifically, the system ran entirely on a massive cluster of 100,000 domestically…