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Investing.com-- Chinese chipmaking stocks fell sharply on Monday after a report said Beijing was considering allowing some local firms to buy NVIDIA Corp’s (NASDAQ:NVDA) advanced chips.
Hua Hong Grace Semiconductor Ltd (HHUSF) posts record Q2 revenue of $717.5 million, up 26.8% year-over-year, with strong demand and strategic acquisitions set to drive future profitability.
China has started producing domestic immersion deep-ultraviolet lithography tools, Reuters reported on July 28. State-backed Shanghai Aishengna Electronic Technology Group plans to deliver machines to Semiconductor Manufacturing International, Hua Hong Semiconductor and memory producer ChangXin Memory Technologies. Production is expected to remain small, at roughly five systems in 2026 and about 20 in 2027. The […]
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