SMIC sees order shift to China amid AI capacity crunch

SMIC says overseas clients are shifting orders to China as the AI boom tightens global capacity. The firm reported a 93% utilization rate for the first quarter.

Xurve View

Semiconductor Manufacturing International Corp secured increased orders from overseas clients as the global AI boom exhausted production capacity at rival international foundries. The shift followed a redirection of global factory resources toward high-bandwidth memory and AI processors. Legacy chip supply tightened as a result.

Global AI Demand Squeezes Legacy Capacity

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