China’s Industrial Profits Surge as AI Boom Masks Weak Demand

China’s semiconductor profits soar 18.5‑fold in Jan‑July amid ‘AI‑driven computing demand, self‑reliance push’

Profits in China’s integrated circuit industry surged 18.5-fold year-on-year in the first seven months of 2026, as the accelerated expansion of the “AI+” initiative and sustained…