💥 Not all Chinese chip equipment makers are cashing in on the AI boom. The 3Q26 profit divide is stark: cleaning leader #ACMResearch saw earnings p...

What happened

According to a TrendForce post dated Nov 4, 2026, Chinese chip equipment makers are not all cashing in on the AI boom, with a stark 3Q26 profit divide: cleaning leader ACM Research saw earnings plunge 85.7% YoY, while coating specialist Kingsemi swung into the red; NAURA's sales barely grew (+1.31% YoY) in 3Q26. The post also notes that the AI expansion boom is lifting ASML's and Tokyo Electron's outlooks, but China's chip equipment makers are not all riding the wave. The source does not state the cause, nor does it give currency units or absolute profit amounts for these figures.

Impact and signal

Affected components and suppliers

Source and time

Source: TrendForce Official (Market Data) · 11/3/2026 · View original source