The British Financial Times report today that Chinese chip manufacturers are seeking to increase artificial intelligence (AI) chip production to three times the current year next year, in order to reduce their dependence on NVIDIA (Nvidia), a major American AI chip manufacturer.
Reuters reported that Financial Times quoted two people familiar with the matter as saying that a crystal factory specializing in producing AI processors for Chinese technology giant Hua is scheduled to be invested as early as the end of this year, and two crystal factories are expected to be launched next year.
Financial Times said that although these new factories are set to support specialized in China, it is not clear who their owners are. Hua has denied the plan to set up its own crystalline factory, and has not provided any further details.
According to people familiar with the matter, after these three new factories are fully invested, the total capacity is expected to surpass the current total output of China's crystalline foundry Longtou SMIC's international similar lines.
Financial Times also reported that SMIC plans to increase the production capacity of 7nm-process chips by 100% next year, and its largest customer of this type of chips is currently China.