Semiconductor Manufacturing International’s Stock Price Drops to 48.00 HKD, Experiencing a 4.67% Decrease

Semiconductor Manufacturing International (981)

48.00 HKD -2.35 (-4.67%) Volume: 126.57M

Semiconductor Manufacturing International’s stock price stands at 48.00 HKD, experiencing a trading session dip of -4.67%, with a trading volume of 126.57M. Despite today’s decline, the company’s stock has shown a robust performance with a year-to-date increase of +50.94%, highlighting its strong market presence in the semiconductor industry.

Latest developments on Semiconductor Manufacturing International

Taiwan has launched an investigation into Semiconductor Manufacturing International Corp (SMIC) for allegedly poaching staff, accusing the Chinese chipmaker of illegally luring tech workers. This comes as SMIC, China’s largest chip firm, reported revenue growth in 2024 but saw a significant plunge in net profits, down 23.3% year-on-year. The probe by Taiwan adds to the challenges facing SMIC, as the company continues to navigate a competitive and evolving semiconductor market.

Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma have varying perspectives on Semiconductor Manufacturing International Corp (SMIC). Patrick Liao‘s bullish insight highlights speculation around Deepseek’s wafer yield issue at SMIC, emphasizing the importance of ongoing innovation in AI applications amidst NVIDIA’s dominance. In contrast, Scott Foster’s bearish view cautions against chasing the strength of SMIC shares due to uncertainties posed by President Trump’s trade policy. Despite negative press reports, SMIC’s management guidance for 1Q of 2025 shows promising sales growth and gross margin expectations.

Furthermore, Patrick Liao‘s positive outlook on SMIC points towards revenue growth expectations in 1Q25, driven by a strategic shift towards China and reduced reliance on Europe and the US. The company aims for above-average growth in 2025 by diversifying its client revenue contributions. The bullish sentiment towards SMIC is also reflected in David Mudd’s analysis, highlighting the company’s benefit from AI advancements and the localization trend in the semiconductor industry amidst positive market breadth in January.

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 strong overall outlook. With a perfect score of 5 in the Value category, the company is considered to be undervalued compared to its peers. However, SMIC received a low score of 1 in the Dividend category, indicating that it may not be a strong choice for investors seeking regular dividend payouts. In terms of Growth, Resilience, and Momentum, SMIC scored 3, 3, and 4 respectively, suggesting a moderate outlook for the company in these areas.

As a semiconductor foundry, Semiconductor Manufacturing International Corporation offers a range of integrated circuit foundry and technology services worldwide. With a focus on testing, development, design, manufacturing, packaging, and sale of integrated circuits, SMIC plays a crucial role in the semiconductor industry. Despite some mixed scores in different categories, the company’s overall outlook remains positive, especially in terms of value and momentum.

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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