China’s leading chipmakers are reportedly accelerating plans to scale up production of advanced semiconductors, aiming to meet surging demand from domestic AI developers despite ongoing U.S. export restrictions.
Companies such as Semiconductor Manufacturing International Co. (SMIC), Hua Hong Semiconductor, and many Huawei-linked chipmakers are either expanding or planning to start the production of chips using the most advanced technology available in China. This includes manufacturing at the 7-nanometer node, and even at the more advanced 5-nanometer level, according to a report by Nikkei Asia on Tuesday.
Huawei continues to receive the most support in terms of local production capacity, followed by Cambricon Technologies, T-head by Alibaba Group Holding Ltd. (NYSE:BABA), Sugon Information, and others such as Moore Threads and MetaX.
The national initiative aims to expand advanced chip manufacturing to support rising domestic AI computing demand. It aims to boost output of advanced chips to 100,000 wafers within one to two years, up from under 20,000 currently, with a longer-term goal of adding 500,000 additional wafers of capacity by …Full story available on Benzinga.com
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