SMIC doubles profit, posts record revenue on AI demand

Briefing by News4U · First published 2026-11-12 10:36:12 UTC

WSJ Business reported that China’s largest contract chip manufacturer SMIC more than doubled profit and posted record revenue as AI spillover effects boosted wafer demand and prices. [1]

Sources

1. China’s SMIC Doubles Profit, Posts Record Revenue on AI Spillover Effects

   WSJ Business · 2026-11-12 10:15:00 UTC · Summary only

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