China is focusing on large language models in the artificial intelligence space.Blackdovfx | Istock | Getty ImagesChinese semiconductor firms have reported record revenue last year driven by AI demand, a shortage of memory chips and U.S. export restrictions that have pushed Beijing to bolster its homegrown tech industry.Analysts and the companies themselves are also expecting further revenue surges this year, underscoring how Chinese chip players are capitalizing on strong demand from domestic t...