SMIC’s Q3 net profit more than doubles as domestic chip substitution accelerates in China
Detailed summary
China's largest contract chip manufacturer Semiconductor Manufacturing International Corp (SMIC) posted a 123.4 percent year-on-year rise in net profit attributable to shareholders for the quarter ended September 30, while posting a new quarterly revenue record amid the artificial intelligence (AI) boom.
A technician conducts chip quality inspections in a factory in Yiwu, East China's Zhejiang Province, in March 2026. Photo: VCG
Nvidia's reported requirement for full upfront payment from Chinese customers seeking its H200 chips is a departure from ...
US President Donald Trump on Monday suggested he might allow Nvidia to sell a scaled-down version of its ...
How effective are the escalating US chip export controls against China? It's worth listening to the industry's perspective. ...
Opening of the article, excerpted from Global Times. To read the rest, open the article on the publisher's site.
MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.globaltimes.cn)
