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SMIC: AI Industry Not a Bubble, Demand Strong

13 Nov

Summary

Chipmaker SMIC sees artificial intelligence industry in early stages.
Demand for AI products and services remains robust.
Company executives address concerns about a potential AI bubble.

The artificial intelligence industry is currently in its early developmental stages, according to Semiconductor Manufacturing International Corp (SMIC), China's largest contract chip manufacturer. Company co-chief executive Zhao Haijun addressed concerns regarding a potential bubble within the AI sector, asserting that demand remains robust.

This outlook suggests that the burgeoning field of artificial intelligence has significant room for expansion. SMIC's perspective highlights the ongoing need for semiconductor manufacturing capacity to support the increasing integration of AI technologies across various industries.

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