Chip

Two Chinese chipmakers have delivered separate RISC-V milestones over the past week, signaling that the country's open-source processor ecosystem is moving from academic ambition toward commercially deployable hardware — and broadening the range of architectures available for AI inference beyond GPU-centric systems. The latest came on

A structural supply shortage in niche memory chips, amplified by a transformative acquisition, has catapulted Puya Semiconductor into one of China's fastest-growing semiconductor stories of 2026. Puya Semiconductor (688766.SH) reported first-half 2026 revenue of RMB 3.959 billion (US$549.9 million), a 337% year-

GigaDevice Semiconductor, China's second-largest NOR Flash designer, reported first-half 2026 net profit of RMB 6.857 billion (US$952 million), a 1,092% year-on-year surge that exceeded the company's combined earnings for the entirety of 2024 and 2025 — a result that crystallizes

VeriSilicon, China's publicly listed semiconductor IP and chip design services firm, nearly doubled its first-half revenue in 2026 — yet burned through cash at an accelerating rate, underscoring the brutal economics of scaling a fabless model in a capital-intensive industry. The Shanghai-listed company reported H1 2026

Semiconductor International Manufacturing Corporation (SMIC), China's largest contract chipmaker, posted second-quarter 2026 revenue of $3.006 billion — blowing past both analyst consensus of $2.87 billion and its own guidance of 14-16% sequential growth — as artificial intelligence infrastructure buildout redirects mature-node capacity demand toward domestic

TrendForce's dramatic eight-month revision—from 50% to nearly 90%—signals a structural, not cyclical, shift in China's AI semiconductor landscape, with Nvidia's market share projected to collapse from 40% to roughly 8% by year-end. The revision is striking in its speed. In