{
  "id": 264676,
  "title": "China’s lab-grown diamonds get an AI boost as industry rides demand for chip cooling",
  "url": "https://urgent.news/2026/08/07/chinas-lab-grown-diamonds-get-an-ai-boost-as-industry-rides-demand",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-07T11:30:07.000Z",
  "source": {
    "name": "South China Morning Post",
    "slug": "south-china-morning-post",
    "url": "https://www.scmp.com/economy/china-economy/article/3363310/chinas-lab-grown-diamonds-get-ai-boost-industry-rides-demand-chip-cooling"
  },
  "original_language": "en",
  "account": "China's lab-grown diamond industry is experiencing a surge, driven by the demand for artificial intelligence (AI) cooling solutions. As the world's largest producer of synthetic gems, China has seen a remarkable increase in exports of lab-grown diamonds, with the Shanghai Diamond Exchange recording a 65.3 per cent rise in June compared to the previous year. Over 60 per cent of these man-made gems are now produced within China, marking a significant shift from natural diamond imports on the Shanghai Diamond Exchange. Despite the US remaining the largest market for jewellery consumption, the industrial sector is emerging as a new growth engine for lab-grown diamonds. These diamonds offer superior heat-dissipation capabilities compared to traditional materials, significantly reducing chip temperatures and enhancing overall performance. Analysts predict a substantial expansion in the global chip thermal-management market, reaching up to 100 billion yuan by 2030. This trend has already gained traction across the globe, with Akash Systems in California recently delivering the world's first diamond-cooled Nvidia GPU servers to NxtGen, India's largest sovereign cloud provider. China stands to benefit greatly from this boom, with the country accounting for over 90 per cent of global synthetic diamond production. As demand for lab-grown diamonds continues to soar, trade volumes on the Shanghai Diamond Exchange are expected to remain elevated.",
  "summary": "Once overshadowed by natural diamonds in consumer markets, lab-grown versions of the world’s strongest natural substance have become a bright spot for industrial applications, fuelled by the global artificial intelligence (AI) boom. As the world’s largest producer of the synthetic gems, China has posted strong export growth in recent years. Official data shows that the value of exports of…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}