Semiconductor Manufacturing International’s Stock Price Soars to 45.10 HKD, Marks a Positive Change of 0.89%

Semiconductor Manufacturing International (981)

45.10 HKD +0.40 (+0.89%) Volume: 114.25M

Semiconductor Manufacturing International’s stock price is currently at 45.10 HKD, marking a trading session increase of +0.89%, backed by a significant trading volume of 114.25M. Notably, the stock has experienced a substantial YTD surge of +41.82%, reflecting a robust financial performance by the 981-listed company.

Latest developments on Semiconductor Manufacturing International

Semiconductor Manufacturing International Corp (SMIC) has recently seen record revenue but halved profits, amidst a backdrop of Taiwan accusing the Chinese giant of ‘illegally’ poaching tech talent. Despite this, SMIC has granted over 2.8 million RSUs to key personnel under their 2024 plan, as Huawei backs their 5nm chip production efforts. The company’s stock price movements today may be influenced by the ongoing challenges and high costs faced by SMIC, as well as the broader context of China’s top 10 chip companies and the global semiconductor equipment market.

Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma have differing views on Semiconductor Manufacturing International Corp (SMIC). Patrick Liao‘s bullish perspective highlights the importance of ongoing innovation in AI applications like Deepseek’s solution amidst NVIDIA’s dominance. Speculation around Deepseek’s wafer yield issue at SMIC suggests continued creative works in the industry. 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. Despite media reports of profit decline linked to trade tensions, SMIC’s management guidance paints a different picture, with sales growth expected in the coming quarters.

Furthermore, David Mudd’s bullish outlook in the context of China’s semiconductor sector advancement indicates that SMIC is benefiting from AI advances and the localization trend in the industry. The HSTECH index’s positive momentum in January reflects market optimism, with analysts projecting upside potential. Travis Lundy’s report on Southbound flows also highlights significant buying activity in tech, with SMIC being identified as a notable buy. Overall, the analyst coverage on Smartkarma provides a comprehensive view of the various factors influencing SMIC’s performance and market sentiment.

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 high scores in Value, Growth, Resilience, and Momentum, the company is positioned well for future success. While its Dividend score is lower, SMIC’s overall performance in key areas bodes well for its continued growth and stability in the semiconductor industry.

Semiconductor Manufacturing International Corporation operates as a semiconductor foundry, offering a range of integrated circuit foundry and technology services globally. With a strong emphasis on value, growth, resilience, and momentum, SMIC is poised to remain competitive and innovative in the ever-evolving semiconductor market. Despite a lower score in Dividend, the company’s overall outlook remains promising based on its Smartkarma Smart Scores.

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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