CXMT, SMIC power 620% surge in profits in China's chip industry
SemiconductorsBonanza spills over to chip tool makers Naura and AMEC during first halfChina's AMEC, which saw net profit quadruple in the first half, exhibited at a chipmaking equipment trade show in August. (Photo by Tomoko Wakasugi)TOMOKO WAKASUGISeptember 24, 2026 06:27 JSTSHANGHAI -- Earnings at Chinese chipmakers have grown more than 600% during the first half, buoyed by the artificial intelligence boom and a national campaign for self-sufficiency....
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