China chip profits jump 18.5-fold on AI demand; advanced-node self-sufficiency seen at 66% by 2035

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China chip profits jump 18.5-fold on AI demand; advanced-node self-sufficiency seen at 66% by 2035

China's AI investment boom is translating into sharply higher semiconductor profits while accelerating a longer-term expansion of domestic advanced-node capacity, memory production and chipmaking equipment.

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