TechnologyChina's chip industry profits reportedly surged 620% in the first half of 2026
Nikkei Asia links the growth to the AI boom and China's self-sufficiency campaign, with gains also reaching chip equipment makers Naura and AMEC.
TLDR
Nikkei Asia reports that CXMT and SMIC powered a 620% rise in profits in China's chip industry during the first half of 2026. The report attributes the growth to the AI boom and a national campaign for self-sufficiency. It says the gains extended to chipmaking equipment suppliers Naura and AMEC, with AMEC's net profit quadrupling during the period.
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China's chip industry profits reportedly surged 620% in the first half of 2026
Nikkei Asia links the growth to the AI boom and China's self-sufficiency campaign, with gains also reaching chip equipment makers Naura and AMEC.
TLDR
Nikkei Asia reports that CXMT and SMIC powered a 620% rise in profits in China's chip industry during the first half of 2026. The report attributes the growth to the AI boom and a national campaign for self-sufficiency. It says the gains extended to chipmaking equipment suppliers Naura and AMEC, with AMEC's net profit quadrupling during the period.
