Semiconductor Industry Advances: China Boosts Wafer Production, Lattice Acquires AMI, and ON Semiconductor Growth – May

Key points

• •China aims to strengthen its position in the global semiconductor industry by setting aggressive silicon wafer production targets and striving for 70% homegrown wafer use, notably increasing 12-inch wafer capacity. This strategy is driven by export restrictions and rising demand fueled by the AI boom, highlighting China's focus on supply chain localization and chip manufacturing independence.[Reddit r/semiconductors][Tom's Hardware][Semafor]
• •India is bolstering its semiconductor manufacturing capabilities with government approval of two new units supported by Rs 3,936 crore investment under the India Semiconductor Mission, as part of a broader Rs 1.52 lakh crore economic push. This initiative aims to enhance domestic chip production and foster industry growth amid global chip supply challenges.[NDTV][24/7 Wall St.][The Economic Times][NDTV][Inc42]
• •Lattice Semiconductor is making significant strategic moves by acquiring AMI for $1.65 billion in 2026, to expand AI infrastructure capabilities and capitalize on record demand in AI data centers. This acquisition has led to a 42.2% revenue surge and earnings per share above forecasts in Q1 2026, reflecting robust growth prospects within AI hardware markets.[citybiz][digitimes][IndexBox][pehub.com][Data Center Dynamics]
• •ON Semiconductor shows accelerating growth supported by expanded silicon carbide (SiC) deals in the electric vehicle sector, leading to a 10.1% stock increase and analyst price target hikes to $125. The company is poised to benefit from doubled AI data center demand and improving profitability margins during 2026.[Yahoo Finance][24/7 Wall St.][AOL.com][Yahoo Finance][Investing.com][Investing.com][Investing.com]
• •JSR is expanding its semiconductor materials supply chain with plans to build a new plant in Taiwan, aiming to support growing chip fabrication requirements amid global demand increases. This move reflects Taiwan's continued role as a critical hub for semiconductor manufacturing in 2026.[marketscreener.com][marketscreener.com]
• •Technological innovations are significantly improving semiconductor design efficiency, exemplified by UNIST's AI model that cuts communication semiconductor design time by 76%. This advancement promises to enhance production speed and competitiveness within semiconductor manufacturing processes.[동아사이언스]
• •The semiconductor industry continues to strengthen its global footprint with expansion plans like the German chipmaker building a new plant in Penang, Malaysia, signaling increased investment in Southeast Asia and diversification of manufacturing locations in 2026.[MSN]
• •Win Semiconductors is projecting significant growth over the next two years driven by increased shipments of optical semiconductor products for data centers, indicating strong demand and technological focus on optical solutions in semiconductor applications.[Morningstar]

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