Zhao Haijun of SMIC: The foundry capacity will be very tight in the 2027s

On November 13, at the Semiconductor Manufacturing International Corporation's Q3 2026 earnings conference, Co-CEO Zhao Haijun stated that the development of AI is currently flourishing, and the demand for computing power exceeds supply. The industry consensus believes that 2027 will be a year of significant shortage in semiconductor foundry capacity, with shortages expected to continue until mid to late 2028.

Zhao Haijun pointed out that after mid-2028, the demand for memory related to AI may reach a basic supply-demand balance, but computing power and other supporting chips may still be in short supply. From the perspective of specific wafer revenue, the demand for mobile phones and mid-to-low-end consumer products is weakening, and it may continue to decline in the future.