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Wire · operational-macro

CXMT, SMIC power 620% surge in profits in China's chip industry

24 September 2026 · By · Wire by Fusion42

Published

24 September 2026

Topic

operational-macro

◆ Sectors

Semiconductors

◆ Geography

China

◆ Source

Read at asia.nikkei.com →

◆ Verified

Fusion42 · 24 September 2026 · Fusion42 review

Chinese chipmakers CXMT and SMIC have driven a 620% surge in profits in China's semiconductor industry, highlighting rapid growth and strengthening local production capabilities.

This Wire brief sits within Fusion42's coverage of Semiconductors.

◆ ◆ The Wire takeaway

China's semiconductor profit surge shows the market opening for local chipmakers as global supply pressures ease. If you build tools or materials for chip fabs, new opportunities are expanding rapidly at home.

◆ Coverage

1 source · 24 Sep 2026

◆ Related on Wire

◆ Topics

Semiconductorschinasemiconductorsprofitschip-industrygrowth