Semiconductor Manufacturing International’s Stock Price Dips to 46.10 HKD, Down by 3.96% – Is Now the Time to Buy?

Semiconductor Manufacturing International (981)

46.10 HKD -1.90 (-3.96%) Volume: 143.79M

Semiconductor Manufacturing International’s stock price stands at 46.10 HKD, witnessing a drop of -3.96% this trading session, with a substantial trading volume of 143.79M. Despite the recent dip, the stock retains a robust YTD increase of +44.97%, showcasing its strong performance in the market.

Latest developments on Semiconductor Manufacturing International

Taiwan’s investigation bureau has revealed allegations of espionage in China’s semiconductor industry, with Taiwan accusing Chinese chipmaker Semiconductor Manufacturing International Corp (SMIC) of illegally poaching tech talent. The Taiwanese authorities have accused SMIC and its allies of poaching engineers, leading to a probe into the company’s activities. This comes amidst rising competition in the semiconductor industry, with China’s top chipmakers struggling to maintain their positions. Despite reporting revenue growth in 2024, SMIC’s net profits have plunged, indicating potential challenges ahead for the company amid ongoing investigations and accusations of illegal activities.

Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma are divided in their coverage of Semiconductor Manufacturing International Corp (SMIC). Patrick Liao‘s bullish sentiment highlights the importance of ongoing innovation in AI applications like Deepseek’s open-source solution amidst NVIDIA’s dominance. Liao speculates on Deepseek’s wafer yield issue at SMIC, signaling continued creative developments in the world. On the other hand, Scott Foster takes a bearish stance, cautioning investors that SMIC shares are too expensive given the uncertainty posed by Donald Trump’s trade policy.

Furthermore, David Mudd’s bullish outlook on SMIC is supported by the positive market sentiment in China and Hong Kong. SMIC is benefiting from AI advances and the localization trend in the semiconductor industry. Travis Lundy also notes significant net buying of SMIC shares in the tech sector, indicating a strong interest from investors. This mix of bullish and bearish sentiments provides investors with a range of perspectives to consider when evaluating investments in SMIC.

A look at Semiconductor Manufacturing International Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Semiconductor Manufacturing International Corp (SMIC) has a positive long-term outlook. With a high score in momentum, the company is showing strong performance and growth potential in the semiconductor industry. Additionally, SMIC scores well in value, growth, and resilience, indicating a solid foundation for future success. However, the low score in dividends suggests that the company may not be a top choice for income-seeking investors.

Semiconductor Manufacturing International Corporation operates as a semiconductor foundry, providing a range of integrated circuit foundry and technology services worldwide. With a focus on testing, development, design, manufacturing, packaging, and sale of integrated circuits, SMIC plays a crucial role in the semiconductor supply chain. Overall, the company’s Smartkarma Smart Scores reflect a promising outlook, especially in terms of momentum and value, positioning SMIC as a key player in the semiconductor manufacturing industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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