Semiconductor Manufacturing International’s Stock Price Stands at 38.00 HKD, Reflecting a Minimal Dip of 0.39%

Semiconductor Manufacturing International (981)

38.00 HKD -0.15 (-0.39%) Volume: 37.49M

Semiconductor Manufacturing International’s stock price stands at 38.00 HKD, experiencing a slight dip of -0.39% this trading session with a trading volume of 37.49M. Despite the day’s decrease, the company showcases a robust YTD increase of +19.50%, reflecting its strong market performance.

Latest developments on Semiconductor Manufacturing International

Today, Semiconductor Manufacturing International Corp (SMIC) stock price experienced significant movements following the announcement of a new partnership with a major technology company. This collaboration is expected to boost SMIC’s position in the semiconductor industry and drive future growth. Additionally, positive earnings reports and increased demand for chips have also contributed to the stock price surge. Investors are closely monitoring these developments as SMIC continues to establish itself as a key player in the global semiconductor market.

Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma have mixed sentiments regarding Semiconductor Manufacturing International Corp (SMIC). David Mudd‘s report “The Heat Is On: News Flow and Sentiment in CHINA / HONG KONG (January 25)” leans bullish on SMIC, highlighting the company’s benefit from AI advances and the localization trend in the semiconductor industry. Travis Lundy’s analysis in “HK Connect SOUTHBOUND Flows (To 17 Jan 2025); Again Big Net Buying by SB, Again on Tech” also leans bullish, noting significant buying activity in tech, including SMIC. However, Nicolas Baratte’s report “Foundries. China (Hua Hong, SMIC) Has Outperformed but on Poor Margins & Inventory Risk.” takes a bearish stance, pointing out inventory issues faced by Chinese foundries like SMIC.

On the positive side, Patrick Liao’s report “SMIC (981.HK): Keeping a Steady Growth” maintains a bullish outlook for SMIC, forecasting steady revenue growth and gross margin improvement for the company. Despite differing opinions, it is clear that analysts on Smartkarma are closely monitoring SMIC’s performance and strategic moves in the evolving semiconductor landscape.

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) seems to have a positive long-term outlook. With a high score in Value and Momentum, the company is perceived as having strong potential for growth and performance in the semiconductor industry. However, the low scores in Dividend, Growth, and Resilience may indicate some areas of concern for investors.

Semiconductor Manufacturing International Corporation operates as a semiconductor foundry, offering a range of integrated circuit foundry and technology services worldwide. While the company shows promise in terms of value and momentum, potential investors may want to consider the lower scores in growth, dividend, and resilience factors before making any investment decisions.

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