SMIC says global AI boom is driving foreign chip orders into China as overseas foundries run short on capacity - Tekedia

SMIC says the AI boom is pushing overseas foundries to focus on high-margin AI chips and memory, leaving less room for older semiconductors.

As a result, some foreign customers are shifting mature-chip orders to Chinese factories, likely benefiting SMIC and other domestic foundries.

SMIC is also expanding its own capacity to capture this redirected demand for legacy and mature-node chips.

The trend could strengthen China’s role in global semiconductor supply chains even as U.S. export controls target advanced chip technology.