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Amid China’s aggressive drive for chip self-reliance, leading foundry SMIC delivered stronger-than-expected third-quarter results, The Wall Street Journal reports. The company posted net profit of $191.8 million for the period—up 29% from a year earlier and comfortably ahead of the $161.2 millio...
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Beijing’s latest push for tech self-reliance might be backfiring. After reportedly ordering all state-backed data centers to use only domestic AI chips—effectively shutting out NVIDIA—China could now be facing a deepening chip crunch. According to The Wall Street Journal, the shortage has beco...
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As China pushes through semiconductor independence by ramping up domestic AI chips to counter NVIDIA, the country is reportedly taking another major step toward self-reliance as SMIC is said to be testing a deep-ultraviolet (DUV) lithography machine developed by local start-up Yuliangsheng, as revea...
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According to Shanghai Securities News, China’s chip industry is reportedly seeing growth driven by AI. The report notes that among 102 A-share listed companies engaged in digital chip design, analog chip design, integrated circuit manufacturing, and IC packaging and testing, 66 posted profits in t...
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According to Commercial Times, China’s leading foundry SMIC delivered a strong performance in the first half of 2025, with revenue reaching US$4.456 billion, up 22% year-on-year. Net profit attributable to shareholders came to US$321 million, a 35.6% increase from a year earlier. As the report ...