Business · Companies · 1 hr ago
Chinese chip firms forecast sharp profit growth as AI demand rises
Chinese chip firms are forecasting sharp profit growth as demand rises for AI infrastructure and locally made processors.
Shanghai-listed laser-chip maker Yuanjie Semiconductor expects third-quarter net profit of 403 million to 453 million yuan, up 579% to 660% from a year earlier.
It says data-centre demand is driving shipments and supporting high margins.
Memory-chip maker CXMT expects up to US$8.2 billion in third-quarter profit, according to the reported forecast.
CXMT ranked fourth worldwide in DRAM revenue in the second quarter, behind Samsung, SK Hynix and Micron.
The gains reflect China’s push to rely more on domestic technology, as AI demand spreads across chip supply chains.
Final third-quarter results are still to be announced.
Chinese chip firms forecast sharp growth in third-quarter profits as demand for AI infrastructure and home-grown processors rises.
CXMT expects up to US$8.2 billion in third-quarter profit, according to the Tech in Asia headline.
Shanghai-listed Yuanjie Semiconductor Technology forecast quarterly net profit of 403 million to 453 million yuan, up 579% to 660% from a year earlier.
Yuanjie said data-centre demand was driving shipments of its optical-communications laser chips and helping maintain high margins.
CXMT ranked fourth globally in DRAM revenue in the second quarter, behind Samsung, SK Hynix and Micron.
- Who
- CXMT and Yuanjie Semiconductor Technology.
- What
- The companies forecast strong third-quarter profits amid rising AI demand.
- When
- Third quarter 2026; the articles were published on October 16 and October 18, 2026.
- Where
- China. Yuanjie is listed in Shanghai.
- Why
- Demand for AI infrastructure and home-grown processors is increasing; Yuanjie also cited data-centre demand.
This story does not have two clearly opposing sides.
CXMT ranked fourth in global DRAM revenue, behind Samsung, SK Hynix and Micron.
CXMT and Yuanjie forecast strong profits, with Yuanjie citing data-centre demand for its chips.
- CXMT Q3 forecast
- Up to US$8.2 billion in profit
- Yuanjie Q3 net profit forecast
- 403 million to 453 million yuan
- Yuanjie year-on-year profit growth forecast
- 579% to 660%
- CXMT global DRAM revenue rank
- Fourth in Q2, behind Samsung, SK Hynix and Micron
4 sources
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China’s CXMT expects up to $8.2b Q3 profit on AI demand