semiconductor / news / / MarketScreener
Shares of SMIC, China's largest contract chip maker, rose as much as 16% early Tuesday.
Huawei has developed a chip design approach that avoids U.S.-restricted equipment.
KEY POINTS
- Huawei aims to design chips matching 1.4-nanometer process transistor density by 2031.
- Chinese semiconductor stocks surged up to 16% in Hong Kong after Huawei's announcement.
- Bernstein analysts see Huawei's breakthrough as a key moment for China's chip industry independence.
COMPANIES
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