U.S. sanctions and a surge in large-model development at home have helped Cambricon, Hygon and Moore Threads achieve milestone revenue and profit growths

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

Profits made by China’s integrated circuit or semiconductors industry, spanning computing and memory chips, skyrocketed 18.5 times year-on-year in the first seven months of 2026,…