AI Hardware Is Becoming a Major Growth Engine for China

China’s chip exports reached a record $290 billion over the last 12 months, more than doubling in just three years.
Computer and component shipments climbed to roughly $240 billion , their highest level since 2022, while power equipment exports reached a record $190 billion as growth accelerated.
Together, China’s AI-related exports now total approximately $720 billion over the last year—an all-time high.
Global demand for China-made AI hardware is surging.