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SMIC
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China's chip industry profits surge 620% in H1, buoyed by AI boom and self-sufficiency drive
Chinese chipmakers, including CXMT and SMIC, saw their earnings grow over 600% in the first half of the year. This bonanza also extended to chip tool makers like Naura and AMEC, with AMEC's net profit
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SMIC stated that the "spillover effect" of AI is driving up the prices of peripheral chips, and the company will not lower prices due to the weak smartphone and automotive markets.
SMIC stated that the "spillover effect" of AI is driving up the prices of peripheral chips, and the company will not lower prices due to the weak smartphone and automotive markets.
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SMIC Q2 revenue was US$3.006 billion, a year-on-year increase of 36.1%, and net profit surged by nearly 4 times year-on-year.
Chinese chip manufacturer SMIC announced its unaudited results for the second quarter of 2026, with revenue reaching $3.006 billion, a year-on-year increase of 36.1% and a quarter-on-quarter increase
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Hong Kong-listed chip stocks rebound; Lanchi Technology rises more than 5%
Svmuu News: According to data from MSX.COM, Hong Kong-listed chip stocks rebounded, with Lanchi Technology (06809.HK) rising more than 5%, and Tianshu Smart Chip (09903.HK) and SMIC (00981.HK) both ga
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Hong Kong-listed chip stocks fluctuated lower, with stocks such as GigaDevice following the downward trend
Svmuu News: According to data from MSX.COM, Hong Kong-listed chip stocks traded lower amid volatility, with Huahong Grinmi (01347.HK) falling more than 6%, with TianShu Smartchip (09903.HK), SMIC (009
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China's chip industry profits surge 620% in H1, buoyed by AI boom and self-sufficiency drive
Chinese chipmakers, including CXMT and SMIC, saw their earnings grow over 600% in the first half of the year. This bonanza also extended to chip tool makers like Naura and AMEC, with AMEC's net profit
-
SMIC stated that the "spillover effect" of AI is driving up the prices of peripheral chips, and the company will not lower prices due to the weak smartphone and automotive markets.
SMIC stated that the "spillover effect" of AI is driving up the prices of peripheral chips, and the company will not lower prices due to the weak smartphone and automotive markets.
-
SMIC Q2 revenue was US$3.006 billion, a year-on-year increase of 36.1%, and net profit surged by nearly 4 times year-on-year.
Chinese chip manufacturer SMIC announced its unaudited results for the second quarter of 2026, with revenue reaching $3.006 billion, a year-on-year increase of 36.1% and a quarter-on-quarter increase
-
Hong Kong-listed chip stocks rebound; Lanchi Technology rises more than 5%
Svmuu News: According to data from MSX.COM, Hong Kong-listed chip stocks rebounded, with Lanchi Technology (06809.HK) rising more than 5%, and Tianshu Smart Chip (09903.HK) and SMIC (00981.HK) both ga
-
Hong Kong-listed chip stocks fluctuated lower, with stocks such as GigaDevice following the downward trend
Svmuu News: According to data from MSX.COM, Hong Kong-listed chip stocks traded lower amid volatility, with Huahong Grinmi (01347.HK) falling more than 6%, with TianShu Smartchip (09903.HK), SMIC (009
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SMIC
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