Shafaqna English– China’s premier chip foundry, SMIC, stated on Friday(14 Aug 2026) that the ongoing surge in AI-related applications will continue to serve as a key driver for its production orders.
The company also revealed that it has raised pricing for its most contested fabrication slots, a strategic move aimed at capitalizing on the robust demand environment while managing capacity constraints effectively.
Speaking on the post-earnings call, Co-CEO Zhao Haijun provided further clarity on the company’s pricing adjustments. He confirmed that the first quarter saw SMIC implementing revised rates after constructive discussions with its customers.
Moreover, he revealed that wafers to be processed in the third quarter will be subject to an additional premium, reflecting the company’s confidence in maintaining pricing power as AI-driven demand continues to tighten the market.