By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
allfrontnewsallfrontnewsallfrontnews
  • Africa
  • Americas
  • Asia
  • Australia
  • China
  • Europe
  • India
  • Middle East
  • United Kingdom
Reading: SMIC posts record $3B quarter and hikes wafer prices — US sanctions hand Chinese foundry a captive AI market
Share
Notification Show More
Font ResizerAa
Font ResizerAa
allfrontnewsallfrontnews
  • Africa
  • Americas
  • Asia
  • Australia
  • China
  • Europe
  • India
  • Middle East
  • United Kingdom
Search
  • Africa
  • Americas
  • Asia
  • Australia
  • China
  • Europe
  • India
  • Middle East
  • United Kingdom
  • Contact
  • Blog
  • Complaint
  • Advertise
  • Advertise
  • Advertise
© 2026 allfrontnews. All rights reserved.
allfrontnews > Blog > Technology > Computer > SMIC posts record $3B quarter and hikes wafer prices — US sanctions hand Chinese foundry a captive AI market
Computer

SMIC posts record $3B quarter and hikes wafer prices — US sanctions hand Chinese foundry a captive AI market

Last updated: August 20, 2026 1:20 pm
By allfrontnews
0 Min Read
Share
SHARE

SMIC posted its first $3 billion quarter earlier this month, with revenue up 36.1% year on year, net profit nearly tripling to $479.2 million.

Source: Tom's Hardware

You Might Also Like

ASRock Steel Legend SL-1200P power supply review: Combines genuine Platinum efficiency with a winning stand-out design
Desktop CPU shipments crater 20% amid high component costs, but AMD gains record share despite 'ugly' desktop processor market — Intel floods laptop market with millions of CPUs, but AMD still sets all-time share records
Get an astonishing OLED 5090 gaming laptop for $3,599, $800 off — Gigabyte Aorus Master 16 features a 24-core Arrow Lake CPU, 32GB RAM, 2TB SSD
Pine64 halts all Linux hardware manufacturing through at least mid-2027 due to shortages — memory crunch forces open-source maker to freeze SBCs, tablets, and phones
Razer HyperFlux V2 Review: The best wireless charging mat for Razer mice
TAGGED:ManufacturingSemiconductorsTech Industry
Share This Article
Facebook Email Print
Byallfrontnews
Follow:
Newsroom account for allfrontnews - world news from nine regions.
Previous Article 'My last goal' – Serrano seeks historic 33rd KO before bowing out of boxing
Next Article New analysis reveals 'encouraging' global mangrove cover increase despite losses in key regions
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
- Advertisement -
Ad image

Latest News

Christa Pike unconscious after failed execution — attorneys
Europe
Flydubai pilot recounts cockpit stabbing in call with Indian PM Modi
World
DoJ declines to reopen investigation into former Fed chair Jay Powell
World
US sanctions three individuals and two charities over alleged Hamas financing
World
World
AfricaAmericasAsiaAustraliaChinaEuropeIndiaMiddle EastUnited Kingdom
Business
BusinessEconomicsInvestmentMarketingStartupCryptocurrency
Tech
TechnologyComputerSoftwareElectronicsSmartphoneInnovation
Health
HealthWellnessScienceEarth
Entertainment
EntertainmentCultureArtsFashion
Travel
TravelDestinationsVacation
More
SportPoliticsLiveVideoAudio
allfrontnews
Terms of UsePrivacy PolicyCookiesAccessibilityContact UsAdvertiseRSS

© 2026 allfrontnews. All rights reserved. allfrontnews is not responsible for the content of external sites.

allfrontnews
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?