Semiconductor Manufacturing International’s Stock Price Soars to 47.50 HKD, Recording a Robust 1.71% Uptick

Semiconductor Manufacturing International (981)

47.50 HKD +0.80 (+1.71%) Volume: 135.99M

Semiconductor Manufacturing International’s stock price is currently at 47.50 HKD, showing a positive trading session with a rise of +1.71%, backed by a hefty trading volume of 135.99M. With a remarkable year-to-date performance, the stock has surged by +49.37%, highlighting the robust growth and potential of this semiconductor giant.

Latest developments on Semiconductor Manufacturing International

Today, Semiconductor Manufacturing International Corp (SMIC) saw a surge in its stock price following China’s amendment of the ‘place of origin’ rule for semiconductor chips. This change is aimed at boosting local semiconductor manufacturers like SMIC, allowing them to gain a competitive edge in the global market. The move signifies China’s commitment to strengthening its semiconductor industry and reducing reliance on foreign suppliers. Investors are optimistic about SMIC’s future prospects as it stands to benefit from this supportive regulatory environment, driving up its stock price in today’s trading session.

Semiconductor Manufacturing International on Smartkarma

Analysts on Smartkarma have been closely covering Semiconductor Manufacturing International Corp (SMIC), with a mix of bullish and bearish sentiments. Nicolas Baratte‘s report “Semiconductors and AI Servers in China” highlights Chinese R&D in semiconductors, focusing on AI chips and small geometries. On the bullish side, Patrick Liao discusses speculation around Deepseek’s wafer yield issue at SMIC in his report “SMIC (981.HK): Speculation About the Deepseek Rumor Does Imply Continued Creative Works in the World”. However, Scott Foster’s bearish report “SMIC (SEHK: 00981, SSE STAR MARKET: 688981): Risky to Chase Strength” advises taking profits due to uncertainties from trade policies. Patrick Liao’s second report “SMIC (981.HK): Revenue Growth Decelerated in 4Q24, and Growth Momentum to Be Regained in 1Q25” discusses SMIC’s revenue growth expectations and its shift towards China for growth.

Furthermore, David Mudd’s report “The Heat Is On: News Flow and Sentiment in CHINA / HONG KONG (January 25)” emphasizes SMIC’s benefit from AI advances and the localization trend in the semiconductor industry. The report also mentions the positive market breadth in January for HSTECH, with SMIC shares benefiting from China’s semiconductor sector advancements. Overall, the analyst coverage on Smartkarma provides valuable insights into the developments and challenges facing Semiconductor Manufacturing International Corp (SMIC).

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 promising long-term outlook. With high scores in Value, Resilience, and Momentum, the company is positioned well for future growth and success in the semiconductor industry. The strong momentum score indicates that SMIC is performing well in the market, while the high value score suggests that the company is undervalued relative to its potential. Additionally, the resilience score highlights SMIC’s ability to weather economic challenges and maintain stability.

Although SMIC has a lower score in Dividend and Growth, the overall outlook for the company remains positive. With a focus on providing integrated circuit foundry and technology services worldwide, Semiconductor Manufacturing International Corp is well-positioned to capitalize on the increasing demand for semiconductor products. As SMIC continues to innovate and expand its offerings, investors can expect to see continued growth and success in the long term.

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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