AIQuartzabout 3 hours ago
SMIC Revenue Hits $3B as AI Demand Raises Prices
1 min read
SMIC's second-quarter revenue hit $3 billion for the first time, up 36% year-over-year, driven by higher wafer prices and increased shipments. The Chinese chip foundry raised prices amid surging AI demand.
Level
Hype check
Tap to vote and see what everyone thinks.
