Nvidia agreed to acquire open-source AI platform Hugging Face for $12.9 billion in August 2026, following a $20 billion acquisition of chipmaker Groq and enterprise analytics platform Kumo, consolidat…
Semiconductor Manufacturing International Corp. (SMIC) raised wafer prices after reporting second-quarter revenue of $3.006 billion, up 20% sequentially and 36.1% year over year, driven by AI-related …
Baidu now generates half of its revenue from AI products and services, driven by its integrated stack of Ernie large language models and Kunlun AI chips, which reduces reliance on Western silicon and …
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…
Nvidia's H200 processors have reached mainland China in limited quantities, with ByteDance and Tencent each receiving about 10,000 units in recent weeks, according to the Financial Times. U.S. regulat…
China's semiconductor industry is projected to generate $245 billion in revenue in 2025, a 22% increase from the prior year, cementing its position as the largest national chip market. SMIC, China's l…
A state-backed Shanghai entity announced in July 2026 that it has commenced mass production of immersion DUV lithography tools targeting 28nm processes, with initial deliveries headed to SMIC, China's…
SMIC, China's largest chip foundry, reported record quarterly revenue exceeding $3 billion, driven by strong AI-related demand, and raised prices for its most sought-after manufacturing capacity. The …
Semiconductor Manufacturing International Corp (SMIC) raised wafer prices after customer negotiations in the first quarter and will charge more for wafers processed in the third quarter, CEO Zhao Haij…
SMIC, China's largest chipmaker, reported second-quarter net profit of $479.2 million, more than triple the year-earlier figure, and revenue rose 36% to $3.01 billion, driven by AI demand for power an…
Chinese chipmaker SMIC has increased prices on strong AI demand, according to a report. The company, officially known as Semiconductor Manufacturing International Corporation, is raising prices for it…
SMIC and Hua Hong Grace reported triple-digit profit growth in the June quarter, with net profits up 261.7% to US$479.2 million and 385.9% to US$38.6 million respectively, driven by surging AI demand.…
VanEck's JP Lee said China is pushing domestic chip purchases to counter US sanctions, implementing a 50% domestic sourcing requirement for semiconductor manufacturing equipment and restricting Nvidia…
Shanghai-based AI chip startup Fangqing Technology has reportedly completed an A1 financing round at a valuation exceeding RMB 10 billion (approximately $1.4 billion), according to a report by the 21s…
SanDisk shares fell 14.3% on July 28, extending a three-day decline to 35%, after China's ChangXin Memory Technologies (CXMT) debuted on Shanghai's STAR Market with a $487 billion valuation, raising c…
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…
Shanghai Aishengna Technology plans to ship five domestic immersion DUV lithography machines this year, marking a step in China's effort to reduce reliance on Dutch giant ASML amid US-led export contr…
Anthropic CEO Dario Amodei spent the week of July 27 urging Washington to tighten chip export controls on China, crack down on model distillation, and mandate safety testing for capable AI models, arg…