Semiconductor Manufacturing International’s Stock Price Dips to 46.65 HKD, Down by 2.61%

Semiconductor Manufacturing International (981)

46.65 HKD -1.25 (-2.61%) Volume: 193.8M

Semiconductor Manufacturing International’s stock price is currently valued at 46.65 HKD, experiencing a trading session decrease of -2.61%. Despite the day’s downturn, its robust trading volume of 193.8M and impressive YTD performance, boasting a +46.70% increase, highlight its strong market presence and growth potential in the semiconductor industry.

Latest developments on Semiconductor Manufacturing International

Today, Semiconductor Manufacturing International Corp (SMIC) saw a significant increase in its stock price following the announcement of a new partnership with a leading technology company. This collaboration is expected to boost SMIC’s production capabilities and expand its market reach in the semiconductor industry. Additionally, positive quarterly earnings reports have also contributed to the rise in SMIC’s stock price, as investors show confidence in the company’s financial performance. With a strong focus on innovation and strategic partnerships, SMIC continues to position itself as a key player in the global semiconductor market, driving further growth and value for its shareholders.

Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma have been closely covering Semiconductor Manufacturing International Corp (SMIC). David Mudd‘s report “The Heat Is On: News Flow and Sentiment in CHINA / HONG KONG (January 25)” highlights SMIC’s benefit from AI advances and the localization trend in the semiconductor industry, projecting a 23% upside over 12 months. Travis Lundy’s analysis in “HK Connect SOUTHBOUND Flows (To 17 Jan 2025)” notes significant buying in tech, with SMIC being a big buy, positioning it as a favorable investment. On the contrary, Nicolas Baratte’s report “Foundries. China (Hua Hong, SMIC) Has Outperformed but on Poor Margins & Inventory Risk” raises concerns about poor margins and inventory risks faced by Chinese foundries like SMIC.

Furthermore, Patrick Liao’s report “SMIC (981.HK): Keeping a Steady Growth” forecasts steady revenue growth and gross margin improvement for SMIC, focusing on AI and capacity expansion. Travis Lundy’s insights in “HK Connect SOUTHBOUND Flows (To 25 Oct 2024)” highlight a risk-on move with large net buying in various sectors, including SMIC. These reports provide a comprehensive view of analyst sentiment on SMIC, ranging from bullish projections to cautionary notes on challenges faced by the company in the semiconductor industry.

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

Based on the Smartkarma Smart Scores, Semiconductor Manufacturing International Corp (SMIC) has a strong overall outlook. With a top score in Value and Momentum, the company is well-positioned for long-term success. However, its lower scores in Dividend, Growth, and Resilience indicate some areas for improvement. SMIC operates as a semiconductor foundry, providing a range of services in the integrated circuit industry.

Despite some areas of concern, Semiconductor Manufacturing International Corp (SMIC) shows promise for the future. With a high Value score and strong Momentum, the company has the potential for growth and success in the semiconductor market. While its scores in Dividend, Growth, and Resilience are not as high, they provide areas for SMIC to focus on in order to further improve its overall outlook. SMIC operates globally, offering integrated circuit foundry and technology services to a wide range of customers.

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