SMIC's net profit jumped 261.7% year over year in Q2 to $479.2 million, with revenue crossing $3 billion for the first time, up 36.1%, while Hua Hong Semiconductor's net profit soared 385.9% to $38.6 …
Hua Hong Semiconductor reported second-quarter net profit of $38.6 million, up 385.9% year over year, on record revenue of $717.5 million, while SMIC's net profit more than tripled to $479.2 million o…
China began manufacturing domestically developed immersion deep ultraviolet lithography machines on July 27, with state-backed firm targeting roughly five units in 2026 and twenty in 2027, intensifyin…
A Shanghai firm's mass production of domestic DUV lithography machines caused ASML's market value to drop by roughly €55 billion in late July 2026, but analysts say the technology gap between China an…
ASML shares fell more than 8% on Monday after a report that a state-backed Chinese company in Shanghai has begun mass-producing its own immersion deep ultraviolet (DUV) lithography machines, threateni…
Nexchip Semiconductor Corp raised $890 million in a Hong Kong IPO priced at the top of its range, trading at a 57% discount to its Shanghai-listed stock. The state-backed foundry, which makes mature-n…
Asia hedge funds focused on AI hardware and semiconductors achieved triple-digit returns in early 2026, with E20 Capital's Global Opportunity Investment Fund up 136% and WT Asset Management's China Fo…
Huawei announced a chip design framework called LogicFolding and a theoretical scaling principle, projecting transistor density equivalent to 1.4-nanometer processes by 2031 despite US export controls…