China Chipmakers Post 2,580% Profit Jump as Recovery Divides
2026-07-27 04:31:18
China’s chipmakers posted a 2,580% profit jump, underscoring a widening split in the country’s economic recovery, according to Bloomberg. While industries tied to the tech boom are enjoying a windfall, overall profit gains in China slowed for a second straight month, highlighting uneven conditions across the world’s second-biggest economy.
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