SMIC says Global AI boom is Driving Foreign Chip orders into China as Overseas Foundries run Short on Capacity

Semiconductor Manufacturing International Corp (SMIC) has reported that the surge in global demand for artificial intelligence technology is leading to an increase in foreign chip orders directed towards Chinese manufacturing facilities. This trend is attributed to overseas foundries reallocating their production capacity to focus on high-margin AI processors and advanced memory products. As a result, SMIC's statements highlight the significant impact of the AI infrastructure race on the semiconductor industry and the shifting dynamics of chip production worldwide.

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