SMIC
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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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AI demand drives triple-digit profit growth for Chinese chip foundries SMIC, Hua Hong
Domestic AI Demand Lifts Both Foundries China’s two leading contract chipmakers reported sharp profit growth during the second quarter of 2026. Semiconductor Manufacturing International Corporation and Hua Hong Grace Semiconductor…
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China’s advanced chip supply to surge by 2035 despite equipment bottlenecks, Goldman says
Domestic Supply Is Expected to Outpace Demand China could sharply reduce its advanced-chip shortage during the next decade as domestic foundries expand production. Goldman Sachs projects that supply from processes…