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00:02Chinese semiconductor firms reported record revenue driven by AI demand,
00:06memory chip shortages, and U.S. export restrictions that pushed domestic adoption,
00:11according to CNBC. U.S. export restrictions boosted chip demand in China and amplified
00:16growth from electric vehicles and AI data centers, according to analysts.
00:20Semiconductor Manufacturing International Corp. said 2025 revenue rose 16 percent to $9.3 billion.
00:27It could exceed $11 billion in 2026, according to LSEG analyst estimates.
00:33Hua Hong reported fourth-quarter revenue of $659.9 million and forecast similar near-term sales,
00:40while more threads projected 2025 revenue growth of 231 percent to 247 percent.
00:47Changshin Memory Technologies posted more than $8 billion in revenue after a 130 percent increase.
00:52China continues to lag global leaders in advanced chip manufacturing and faces risks
00:57of overcapacity in mature nodes.
01:00For all things money, visit Benzinga.com.
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