{"id":156032,"date":"2026-08-13T11:00:10","date_gmt":"2026-08-13T11:00:10","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=156032"},"modified":"2026-08-13T11:00:10","modified_gmt":"2026-08-13T11:00:10","slug":"ai-demand-drives-triple-digit-profit-growth-for-chinese-chip-foundries-smic-hua-hong","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=156032","title":{"rendered":"AI demand drives triple-digit profit growth for Chinese chip foundries SMIC, Hua Hong"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s top two contract chipmakers, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Grace Semiconductor, saw their profits surge by triple digits in the second quarter, amid a spike in demand for domestic artificial intelligence chips free of US export controls.<br \/>\nNet profits for SMIC and Hua Hong jumped 261.7 per cent and 385.9 per cent year on year to US$479.2 million and US$38.6 million, respectively, in the June quarter.<br \/>\nSMIC, the country\u2019s largest foundry, said&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/tech-trends\/article\/3363929\/ai-demand-drives-triple-digit-quarterly-profit-growth-chinese-foundries-smic-hua-hong?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s top two contract chipmakers, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Grace Semiconductor, saw their profits surge by triple digits in the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/156032"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=156032"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/156032\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=156032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=156032"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=156032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}