Sep 2, 2026
Hua Hong Grace Semiconductor expands Wuxi capacity with $2-4 billion investment amid AI demand
Chinese foundry Hua Hong Grace Semiconductor is investing between $2-4 billion to expand its 12-inch wafer production capacity in Wuxi, adding 55,000 wafers per month in Phase III buildout. The expansion comes after a sharp earnings rebound and record shipments in the first half of 2026, driven by surging domestic demand for AI chips.
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