# China's September exports surge as chip shipments double

> China's exports jumped 36.3% in September, with chip shipments doubling despite US restrictions.
- Title: China's September exports surge as chip shipments double
- Summary: China's exports jumped 36.3% in September, with chip shipments doubling despite US restrictions. China's September exports rose 36.3% year over year to…
- Keywords: china, september exports, semiconductors, ai chips, us export controls, chips, trade surplus, tencent, oracle, changxin memory, startups, business
- Source: Startup Fortune — https://startupfortune.com/chinas-september-exports-smashed-forecasts-as-chip-shipments-doubled
- Published: 2026-10-14T03:20:14+00:00
- Read time: 1 min
- Topics: china, september exports, semiconductors, ai chips, us export controls, chips, trade surplus, tencent, oracle, changxin memory, startups, business
## China's September exports surge
China's customs agency reported a 36.3% jump in September exports, nearly 11 points above what economists had priced in.
## Exports hit $447.18 billion
China's General Administration of Customs said on October 14 that exports rose 36.3% year over year in September, hitting $447.18 billion.
## Economists forecasted 25.5% growth
A Reuters poll of economists had forecast 25.5% growth for September exports.
## High-tech goods drove surge
High-tech goods such as semiconductors and autos helped fuel the rise, with passenger car exports surging 64% year over year.
## US chip restrictions not effective
Washington has spent years trying to choke off China's access to advanced chips, but the September data shows restrictions have not stopped China's chip-adjacent manufacturing base.
## ChangXin Memory Technologies IPO
ChangXin Memory Technologies debuted on the Shanghai Stock Exchange with shares soaring 466% on their first trading day after raising at least $8.6 billion.
## Tencent's AI chip lease deal
Tencent signed a $7 billion, five-year deal to lease advanced AI chips through Oracle's data centers in Southeast Asia.
## Chips remain a key export driver
China's memory chipmakers are racing to break the Korean stranglehold on AI infrastructure despite US export controls.
## Key takeaway

China's September exports rose 36.3% year over year to $447.18 billion, exceeding forecasts and showing resilience in chip manufacturing despite US export controls.