Moore Threads and Hygon project 135.1%-149.1% and 55.6%-70.2% revenue growth, respectively, in H1 2026, driven by China's surging demand for AI computing power amid US export controls.
Basic, a Chinese SiC device manufacturer founded in 2016, prepares for its public debut, aligning with China's efforts to lead in SiC technology, despite current market oversupply, with anticipated demand growth driven by 800V architectures and data center adoption by 2027-2028.
Dutch Trade Minister Sjoerd Sjoerdsma visited Washington to oppose the US MATCH Act, which aims to restrict Chinese chipmakers' access to Western semiconductor equipment. The bill would significantly impact ASML, Europe's most valuable company and a key supplier of lithography machines, by extending existing export curbs.
Micron's chief business officer acknowledged the growing capabilities and market share of Chinese chipmakers CXMT and YMTC, noting their output is primarily sold domestically. This validation comes as AI infrastructure spending reshapes the memory chip market, with Micron reporting record results and a strong outlook.
Chinese researchers, led by Huawei and multiple institutes, successfully conducted full-parameter post-training on a 1.6 trillion-parameter AI model using over 1,000 Huawei chips, enhancing China's AI self-reliance.
The House Foreign Affairs Committee passed 20 new export control measures, including the Match Act, to restrict Chinese access to US technology and bar Chinese chipmakers from advanced semiconductor equipment. The measures represent the largest significant export control markup in Congress history, requiring allies like Japan and the Netherlands to align with US restrictions on selling advanced semiconductor equipment to China.
