Meanwhile, China's AI GPU demand is surging with support of SMIC foundry supply: China's leading AI GPU companies reported strong revenue growth with increased customer prepayment, see Cambricon: Riding China's AI localization with improving supply visibility (4 May 2026). China's AI inference demand remains strong and is gradually shifting to local AI computing systems. We anticipate capex hikes from Chinese CSPs as well. AI ASIC TAM further expands: Almost all US CSPs emphasize their ASIC strategy, echoin ...