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CN Aims to Double Advanced Chip Output, Led by SMIC/ HUA HONG SEMI, to Meet AI Computing Demand
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Despite ongoing industry restrictions imposed by the US, China's leading chip manufacturers are striving to double the output of advanced semiconductors with strong support from the Chinese government, aiming to meet the rising demand from domestic AI chip developers, according to foreign media. According to insiders, SMIC (00981.HK), HUA HONG SEMI (01347.HK) and several chip manufacturers associated with Huawei are working to expand or initiate the production of chips using the most advanced technologies domestically, involving 7-nanometer and 5-nanometer processes. This national-level initiative is designed to meet the continuously growing demand for domestic AI computing infrastructure, sources added. AASTOCKS Financial News Website: www.aastocks.com |
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