Story thread · 2 reports / 2 sources
China’s No 2 foundry Hua Hong invests US$2b in new fab to meet surging AI-driven demand
scmp.com · 13d
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Across 2 sources · syndicated copies counted once
Major Chinese foundry Hua Hong Grace Semiconductor is pouring US$2 billion into a massive capacity expansion in the Chinese chip production hub of Wuxi, racing to meet skyrocketing domestic demand for AI infrastructure and bypass US tech curbs. The fresh capital would fund the construction of a new 12-inch speciality line, its third facility in the eastern Chinese city, the country’s second-largest contract chipmaker said in a filing to the Hong Kong stock exchange on Tuesday. Once fully...
First report: Chinese foundry Hua Hong Grace adds 55,000-wpm Wuxi capacity in US$4.17 billion Phase III buildout — digitimes.com, 13d
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