SMIC
Electronics · China · 10K+ Employees
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Overview
Headquarters
No. 18 Zhangjiang Road Pudong New Area, ...Phone Number
+86 2138610000Website
www.smics.comRevenue
$9.3 BillionStock Symbol
SMIIndustry
About SMIC
SMIC Org Chart
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SMIC is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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$600M
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$200M
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$95M
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$500M
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$450M
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$65M
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$200M
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$600M
SMIC Tech Stack
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SMIC News & Media
SMIC profit more than triples on AI-driven chip demand
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.China's SMIC says foreign clients shifting orders back to China
China's top contract chipmaker, Semiconductor Manufacturing International Corp, on Friday said orders from overseas clients are increasing as the global artificial intelligence boom tightens capacity at foreign foundries. "There are still quite a lot of semiconductor capacity expansion projects and companies in China," co-CEO Zhao Haijun said during an earnings call. "These are among the few places with available production capacity, so we are seeing many overseas customers shift their ordersSMIC leverages process flexibility to capture orders amid global foundry capacity squeeze
In its first-quarter 2026 earnings Q&A session on May 15, Semiconductor Manufacturing International Corporation (SMIC) outlined a strategic response to shifting global market dynamics. As leading international foundries and integrated device manufacturers (IDMs) pivot capacity toward high-margin AI processors and High Bandwidth Memory (HBM), SMIC has seen a significant influx of orders for standard and specialty products from customers seeking to secure a reliable supply.SMIC refocuses on capital investment over dividends as AI boom reshapes demand
During its first-quarter 2026 earnings call on May 15, Semiconductor Manufacturing International Corporation (SMIC) detailed a strategic realignment of its operations to capitalize on the "AI boom" while maintaining a rigorous investment schedule. The company emphasized that it is currently in a "critical stage of capacity expansion" and is continuously pushing to enhance its competitive standing, leading to significant shifts in how it allocates resources and returns value to shareholders.
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Frequently Asked Questions Regarding SMIC
SMIC Group provides integrated circuit (“IC”) foundry and technology services on process nodes from 0.35 micron to 14 nanometers. Headquartered in Shanghai, China, and founded in 2000. SMIC Group has an international manufacturing and service base.... Read More