Semiconductor Manufacturing International’s Stock Price Soars to 41.90 HKD, Notching a Stellar 10.26% Increase

Semiconductor Manufacturing International (981)

41.90 HKD +3.90 (+10.26%) Volume: 93.21M

Semiconductor Manufacturing International’s stock price surges to 41.90 HKD, marking a significant trading session increase of +10.26% on a robust trading volume of 93.21M. The company’s impressive YTD performance boasts a +31.76% rise, reflecting its strong market position in the semiconductor industry.

Latest developments on Semiconductor Manufacturing International

Today, Semiconductor Manufacturing International Corp (SMIC) saw a significant movement in its stock price following a series of key events. This included the announcement of a new partnership with a major tech company to develop cutting-edge semiconductor technology. Additionally, SMIC reported strong quarterly earnings, exceeding market expectations and driving investor confidence in the company’s future growth prospects. The stock price also reacted to news of potential supply chain disruptions due to geopolitical tensions, causing some volatility in the market. Overall, these events have contributed to the fluctuations in SMIC’s stock price today.

Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma have provided mixed coverage on Semiconductor Manufacturing International Corp (SMIC). David Mudd‘s bullish sentiment suggests that SMIC is benefitting from AI advances and the localization trend in the semiconductor industry, with projections of a 23% upside over 12 months. On the other hand, Nicolas Baratte’s bearish view highlights poor margins and inventory risks faced by Chinese foundries like SMIC. However, Patrick Liao remains optimistic about SMIC’s steady growth, forecasting revenue growth and gross margin improvement driven by AI and capacity expansion.

Travis Lundy’s insights on Smartkarma show that Southbound investors are heavily buying into tech companies like SMIC, indicating a strong interest in the sector. Despite differing views on SMIC’s performance, it is clear that analysts are closely monitoring the company’s developments and market sentiment to provide valuable insights for investors on Smartkarma.

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 positive long-term outlook. With a high Value score of 5, the company is considered to be undervalued in the market. This indicates that investors may see potential for growth in the company’s stock price. However, SMIC’s low Dividend score of 1 suggests that the company may not be a strong option for investors seeking regular income through dividends.

In terms of Growth, SMIC has a moderate score of 3, indicating that the company has room for expansion and development in the future. With a Resilience score of 2, SMIC may face some challenges in weathering economic downturns or market volatility. On the other hand, the company has a strong Momentum score of 5, suggesting that it is currently performing well and may continue to see positive momentum in the market.

### Semiconductor Manufacturing International Corporation operates a semiconductor foundry. The Company provides integrated circuit foundry and technology services including the testing, development, design, manufacturing, packaging, and sale of integrated circuits. Semiconductor Manufacturing International offers its products and services around the world. ###

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