FEATURED — FULL NOTE
SMIC0981.HK
LAYER: THE CHINA STACK · PUBLIC
China's leading foundry, capped at trailing nodes by equipment bans.
2026
SAME LAYER: THE CHINA STACK
HuaweiAlibaba / Tencent / Baidu / ByteDanceDeepSeek / Moonshot / Zhipu / MiniMaxCambriconCXMT (memory)HygonBiren (private)Moore Threads (private)01.AI (private)StepFun (private)
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