China’s SMIC is shipping a foundry process with commercially available chips in the open market which are more advanced than any American or European company.

We say quietly as this didn’t come directly from SMIC, but rather the reverse engineering and teardown firm TechInsights who purchased the chip on the open market and sent it to their labs. SMIC likely has not discussed this publicly on earnings reports as they are afraid of blowback.

While the US has high hopes for Intel to be the savior, there are no Intel 7 class foundry chips commercially available for purchase currently and they still have to build out their foundry operations. The most advanced American or European foundry produced chips are based on GlobalFoundries 12nm.

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