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China’s No 2 foundry Hua Hong invests US$2b in new fab to meet surging AI-driven demand

This story is from 2026-09-02. It is preserved in the archive; the latest stories are on the live feed.

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…

Read the full story at South China Morning Post Tech ↗

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  1. 2026-09-02 09:30 · South China Morning Post Tech
    China’s No 2 foundry Hua Hong invests US$2b in new fab to meet surging AI-driven demand

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