SMIC weighs more capacity as AI-related chip demand exceeds forecasts

AI Summary

Semiconductor Manufacturing International Corporation (SMIC) plans to expand factory capacity due to soaring demand for mature-node chips used with AI processors. This surge is driven by a global boom in artificial intelligence infrastructure fueling chip shortages.

Semiconductor Manufacturing International Corporation (SMIC) is actively looking at adding equipment in its factories after demand for mature-node chips used alongside AI processors surged beyond expectations, according to company management. China’s largest contract chipmaker said on Friday that customer orders had increased significantly from its forecasts earlier this year, driven by a global artificial intelligence infrastructure boom that was triggering shortages across AI-related...