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SMIC posts record $3B quarter and hikes wafer prices — US sanctions

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

SMIC posts record $3B quarter and hikes wafer prices — US sanctions

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.

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