Semiconductor Manufacturing International’s Stock Price Soars to 51.55 HKD, Marking a 0.29% Uptick

Semiconductor Manufacturing International (981)

51.55 HKD +0.15 (+0.29%) Volume: 206.08M

Semiconductor Manufacturing International’s stock price is currently standing at 51.55 HKD, marking a slight increase of +0.29% in this trading session. With a robust trading volume of 206.08M and an impressive year-to-date performance, showing a +62.11% rise, SMIC (981) continues to demonstrate strong market presence 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 position in the semiconductor market and drive future growth. Additionally, positive earnings reports and increased demand for chips have also contributed to the rise in SMIC’s stock price. Investors are optimistic about the company’s prospects and are closely monitoring any further developments that may impact its stock performance in the near future.

Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma have differing views on Semiconductor Manufacturing International Corp (SMIC). Scott Foster believes that SMIC is performing better than negative press reports suggest, but the shares are overpriced due to uncertainty surrounding Donald Trump’s trade policy. On the other hand, Patrick Liao is bullish on SMIC, noting that the company expects revenue growth in 1Q25 and is shifting focus to China while reducing reliance on Europe and the US. David Mudd highlights that SMIC is benefiting from AI advances and the localization trend in the semiconductor industry. Travis Lundy mentions that Southbound flows continue to buy heavily in tech, with SMIC being a big buy. However, Nicolas Baratte is bearish on SMIC, pointing out poor margins and inventory risk faced by Chinese foundries.

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. The company scores high in value, momentum, and resilience, indicating a strong position in the market. With a growth score of 3, SMIC shows potential for expansion and development in the future. However, the low dividend score of 1 suggests that investors may not see significant returns in the form of dividends.

Semiconductor Manufacturing International Corp (SMIC) operates as a semiconductor foundry, providing a range of integrated circuit foundry and technology services globally. With high scores in value, momentum, and resilience, SMIC is positioned well for continued success in the semiconductor industry. While the growth score of 3 indicates potential for expansion, the low dividend score of 1 may not attract dividend-seeking investors. Overall, SMIC’s strong performance in key areas bodes well for its long-term outlook.

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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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