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Chinese chip firms post record high revenue on AI boom, U.S. curbs

Source: cnbc.com cnbc.com
News Snapshot:

Chinese chip companies from SMIC to Hua Hong have reported record high revenue for 2025 with analysts projecting further growth. This has been driven by huge demand for semiconductors related to AI. But U.S. restrictions over the last few years has fueled a self-sufficiency drive from China which is now paying off with the domestic semiconductor industry seeing growth. China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images Chinese semiconductor firms have reported record revenue last year driven by AI demand, a shortage of memory chips and U.S. export restrictions that…

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