China A-Share Chipmakers Post 620% H1 2026 Profit Jump on AI Demand and Self-Sufficiency Push

Net profit at ~190 mainland-listed chipmakers rose more than 620% year-over-year in H1 2026, driven by AI demand and Beijing's self-reliance campaign. CXMT reported an 873.6% revenue jump to 150.3B yuan and swung to a 77.6B yuan net profit; tool makers Naura and AMEC roughly quadrupled net profit. SMIC and Hua Hong also posted triple-digit foundry profit growth on AI orders.