South China Morning Post

AsiaPac · 6 mins ago

✦ 75◉ Centre

Chinese foundries SMIC, Hua Hong forecast second-quarter growth amid AI boom

75Credibility

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Credibility 75/100

Partisan intensity 25/100

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◉ Centre ✓ Fair headline

Chinese semiconductor foundries SMIC and Hua Hong forecast revenue growth in Q2 driven by AI demand and memory supply constraints, with Hua Hong expressing hope that US-China talks could ease export restrictions.

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Chinese foundries SMIC, Hua Hong forecast second-quarter growth amid AI boom

South China Morning Post · 6 mins ago

China’s leading semiconductor foundries, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Semiconductor, expect their second-quarter sales to rise amid a dynamic global market defined by surging artificial intelligence demand and a memory supply crunch, while Hua Hong said it hopes this week’s Xi-Trump meetings could help relax US export controls. SMIC expected its second-quarter revenue to range between US$2.86 billion and US$2.91 billion, up from US$2.51 billion in the

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