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Why Is SMIC (SEHK:981) Expanding Capacity After Profit Tripled On AI Demand?
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Semiconductor Manufacturing International Corporation (SEHK:981) reported second quarter profit that more than tripled year on year as AI related chip demand lifted results. The quarter saw higher revenue and shipments alongside negotiated wafer price increases, supported by strong orders linked to …
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