Chinese chipmakers plan to quintuple advanced semiconductor output to meet rising AI demand

Top Chinese firms like SMIC are expanding production of high-end chips to meet surging AI demand. They aim to reach 100,000 wafers within the next two years.

Insights:
China CNCN's leading chipmakers, including Semiconductor Manufacturing International Corporation and Hua Hong Semiconductor Limited , announced plans on February 24, 2026, to expand production of advanced semiconductors at 7-nanometer and 5-nanometer nodes. This expansion is intended to meet the rising demand for artificial intelligence hardware.
A logo of Semiconductor Manufacturing International Corporation (SMIC) is seen in Shanghai, China, on October 14, 2020. REUTERS/Aly Song/File Photo
A logo of Semiconductor Manufacturing International Corporation (SMIC) is seen in Shanghai, China, on October 14, 2020. REUTERS/Aly Song/File Photo
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