SMIC says Global AI boom is Driving Foreign Chip orders into China as Overseas Foundries run Short on Capacity
AI-summarised brief · reviewed before publication
Semiconductor Manufacturing International Corp says the global AI boom is driving foreign chip orders to China as overseas foundries divert capacity to high-margin AI processors. SMIC's co-chief executive Zhao Haijun stated that many foreign customers are turning to China due to tightening capacity for mature semiconductor production overseas. Chinese foundries are seeing increased demand, with SMIC likely capturing a significant share. This shift may accelerate China's role in global semiconductor supply chains.
💡 Why It Matters
- · China's growing role in legacy and mature-node production may undermine US efforts to restrict Beijing's access to advanced chip technology.
- · Chinese foundries' share of global capacity for legacy-node chips is expected to rise significantly.