Semiconductor Manufacturing International’s Stock Price Plummets to 25.05 HKD, Marking a 6.70% Decline: A Deep Dive into SMIC’s Market Performance

Semiconductor Manufacturing International (981)

25.05 HKD -1.80 (-6.70%) Volume: 137.83M

Semiconductor Manufacturing International’s stock price stands at 25.05 HKD, experiencing a decline of 6.70% this trading session with a trading volume of 137.83M. Despite the recent dip, the stock has seen a positive rise YTD with a percentage change of +26.13%, showcasing the company’s robust performance in the semiconductor manufacturing sector.

Latest developments on Semiconductor Manufacturing International

Semiconductor Manufacturing International Corp (SMIC) has been making headlines recently due to its impressive 120% stock rally, outperforming Nvidia. However, this success is overshadowed by threats of a chip war, as US Congressman accuses SMIC of violating sanctions by making 7nm chips for China. Despite US curbs, China’s chipmaking champion, Huawei, plans to ramp up production of its newest AI chip by 2025. As China pushes for self-reliance in semiconductor production, SMIC’s stock price movements are closely tied to the intensifying semiconductor trade war and the country’s efforts to narrow the chip gap with competitors like Korea and Taiwan.

Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma have differing views on Semiconductor Manufacturing International Corp (SMIC). Nicolas Baratte‘s bearish perspective highlights inventory risks and poor margins faced by Chinese foundries like SMIC amidst decoupling supply chains post US sanctions. On the other hand, Patrick Liao’s bullish outlook sees SMIC maintaining steady growth with a focus on AI, capacity expansion, and revenue forecasts for the company. Travis Lundy’s report on investor flows in HK Connect SOUTHBOUND suggests a risk-on sentiment with significant buying activity in various sectors, indicating a positive market stance.

Furthermore, Patrick Liao’s analysis emphasizes SMIC’s resilience in surviving the US-China trade war, delivering 7nm chips despite sanctions since 2019. Additionally, his report on SMIC’s revenue trends in 3Q24 showcases solid growth and stable gross margins, with a focus on customer support and accurate demand anticipation for future quarters. These contrasting perspectives from independent analysts provide investors with valuable insights into the dynamics surrounding 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

Based on the Smartkarma Smart Scores, Semiconductor Manufacturing International Corp (SMIC) has a positive long-term outlook. With a high score in Value, the company is considered to be undervalued and a good investment opportunity. Additionally, SMIC scores well in Momentum, indicating strong market performance and potential for future growth.

However, there are some areas of concern for SMIC. The company scores low in Dividend and Resilience, suggesting limited dividend payouts and vulnerability to market fluctuations. While SMIC shows potential for growth, investors should be cautious of these factors when considering their investment decisions.

### 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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