Semiconductor Manufacturing International Corp (SMIC) Delivers Strong Q4 Profit Surge Amid Ongoing Chip Demand Recovery
“China’s leading foundry SMIC reported a 60.7% year-on-year jump in fourth-quarter attributable profit to $172.85 million, surpassing analyst expectations, while revenue climbed 12.8% to $2.49 billion on higher wafer shipments, improved capacity utilization, and a favorable product mix. The results highlight resilience in the semiconductor sector despite geopolitical pressures, with full-year 2025 performance showing solid … Read more