China’s Open-Source Gambit: Beijing Accelerates RISC-V Pivot as SMIC Profits Surge

China is accelerating its independence from Western chip architectures by launching the high-performance RISC-V 'Xiangshan' processor and 'Ruyi' OS. Bolstered by a 36% profit surge at SMIC and full capacity utilization at Hua Hong, the nation is building a comprehensive, localized semiconductor ecosystem backed by its largest tech conglomerates.