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China's SMIC Doubles Profit, Posts Record Revenue on AI Spillover Effects

China's largest contract chip manufacturer more than doubled profit and reported another record revenue as spillover effects of the artificial-intelligence boom continued to boost demand and prices…

TC Trade Conquest Newsroom November 12, 2026 ·1 min read

China's SMIC Doubles Profit, Posts Record Revenue on AI Spillover Effects

China's largest contract chip manufacturer more than doubled profit and reported another record revenue as spillover effects of the artificial-intelligence boom continued to boost demand and prices of its wafers.

Read the full story at wsj.com ↗

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