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 growth in computing-power demand boosted demand for related products, pushing up prices and driving rapid profit growth in electronics industries linked to AI production and applications.

U.S. investment bank expects domestic wafer output to surge on the back of SMIC expansions and generative AI demand, though a technology gap remains

Chinese chip packaging firms launch multibillion-dollar expansion drive after logging triple-figure profit growth on surging AI demand.