PROFITS IN CHINA’S CHIPMAKING SECTOR SOAR 2,500% IN FIRST HALF AMID AI BOOM
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WHAT HAPPENED
China’s major chip manufacturers saw their profits skyrocket a staggering 2,579.5 per cent in the first half of 2026, fuelled by unprecedented demand for artificial intelligence and computing power, according to data… The state agency attributed the surge to accelerated integration of AI across various fields, which in turn generated massive demand for computing power, according to Yu Weining, chief statistician of the NBS…
News - South China Morning Post reports that china’s major chip manufacturers saw their profits skyrocket a staggering 2,579.5 per cent in the first half of 2026, fuelled by unprecedented demand for artificial intelligence and computing power, according to data…
The report adds: The state agency attributed the surge to accelerated integration of AI across various fields, which in turn generated massive demand for computing power, according to Yu Weining, chief statistician of the NBS…
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DAMMNEWS RSS BRIEFING — generated locally from the available News - South China Morning Post headline and RSS excerpt. It is not a summary of the full source article.
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