📈 Stocks & Economy🇮🇳 India
Chinese Stocks Power US Data Centres — India's Chip Ambitions Face Stiff Competition
CNBC·Wednesday, 1 July 2026
Many of the top-performing mainland Chinese stocks this year make components used in data centres globally, according to research firm 22V Research. These 10 Chinese stocks are directly supplying the hardware behind US AI infrastructure. China's dominance in this supply chain is becoming clearer as AI investment accelerates.
Why It Matters
India is trying to build its own semiconductor and data centre industry, and China's entrenched position as a global hardware supplier shows how much ground India still needs to cover.
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