SMIC: AI Boom Drives Power Management Chip Demand, Automotive BCD Platform in High Demand

SMIC said AI demand is boosting orders for power management and data transmission chips.

The surge is also tightening supply of NOR Flash and other memory products.

Automotive demand remains strong, with the company’s analog BCD platform running at full capacity.

Management highlighted robust demand across automotive-grade and other analog process platforms as car electronics expand.