A Chinese chipmaker has announced a price increase due to strong demand for artificial intelligence technology. Semiconductor Manufacturing International Corp, the top foundry in China, made this announcement on Friday.

The company cited ongoing demand related to AI as a factor that will continue to support orders. This development may have implications for the technology industry, although details are limited.

For more information on this announcement and its potential impact, readers can refer to the original source, which provides further context on the price increase and the role of AI demand in the decision.