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TechSMIC profit more than triples on strong AI chip demand

China’s largest contract chipmaker, Semiconductor Manufacturing International Corp, said its second-quarter profit rose more than threefold from a year earlier and exceeded analyst estimates as demand for AI-related chips remained robust.

SMICAI chipschip demand

RReuters★★★☆☆2026-08-13 13:05Original

SMIC profit more than triples on strong AI chip demand
SMIC profit more than triples on strong AI chip demandTech