On July 15, TFME (Tongfu Microelectronics) released its H1 2026 earnings preview, projecting net profit attributable to shareholders of RMB 1.60–1.80 billion – a 288% to 337% surge year-over-year. Core net profit is estimated at RMB 700–800 million, up 66–90%.

The company attributed the growth to AI infrastructure build-outs driving chip demand recovery, improving memory sector conditions, and accelerating domestic substitution. Capacity utilization steadily rose alongside revenue expansion, with mid-to-high-end packaging products posting particularly strong growth. Internal cost controls further boosted operating margins. In addition, strategic investment gains contributed meaningfully to the bottom line.

From ICgoodFind: Packaging is the silent beneficiary of every AI chip shipped. TFME’s 337% profit jump proves that when compute and memory move, the back-end scales even faster.