Grinm Semiconductor reported stronger first-half 2026 results as the semiconductor silicon wafer market moved into an upcycle. Revenue reached 665 million yuan, up 21.20% year on year, while net profit attributable to the parent company rose 25.71% to 133 million yuan and net profit excluding non-recurring items increased 20.99% to 88.83 million yuan. Net operating cash flow climbed 28.23% to 208 million yuan, outpacing revenue and profit growth, which the company said reflected solid earnings quality. The company attributed the performance to stronger AI-related advanced computing demand, a gradual recovery in consumer electronics and industrial semiconductors, product mix upgrades in China, overseas customer expansion, added 8-inch wafer capacity, and the consolidation of Japan's DG Technologies.