About Us
Real-time Quotes & News
Market Analysis
Trading Platform
Terms
Promotion
FAQ
Contact
繁
简
EN
繁
简
EN
Promotion
FAQ
Contact
Open Account
Contact Us

President Trump said the United States opposes any global plot to control artificial intelligence.

2026-09-22

President Trump said the United States opposes any global plot to control artificial intelligence.

Other News
2026-09-22

Shares of major U.S. banks extended their losses, with JPMorgan Chase (JPM.N) down 4.1%, Bank of America (BAC.N) down 3.1%, Wells Fargo (WFC.N) down 4.2%, Citigroup (C.N) down 3.2%, Goldman Sachs (GS.N) down 1.9%, and Morgan Stanley (MS.N) down 3.6%.

Shares of major U.S. banks extended their losses, with JPMorgan Chase (JPM.N) down 4.1%, Bank of America (BAC.N) down 3.1%, Wells Fargo (WFC.N) down 4.2%, Citigroup (C.N) down 3.2%, Goldman Sachs (GS.N) down 1.9%, and Morgan Stanley (MS.N) down 3.6%.
2026-09-22

1. Goldman Sachs expects SMIC's revenue in Q3 2026/Q4 2026 to remain at the high level of Q2 2026, with Q2 2026 revenue increasing by 12% QoQ and 27% YoY. Generative AI demand supports both advanced nodes (domestic AI chips) and mature nodes (analog/

1. Goldman Sachs expects SMIC's revenue in Q3 2026/Q4 2026 to remain at the high level of Q2 2026, with Q2 2026 revenue increasing by 12% QoQ and 27% YoY. Generative AI demand supports both advanced nodes (domestic AI chips) and mature nodes (analog/power ICs), with capacity utilization expected to exceed 95% in Q2 2026. 2. Q2 2026 revenue increased by 20% QoQ, with the top ten global wafer foundries showing the fastest growth (average +11.5%), maintaining its position among the top three globally. Strong AI demand in China and diversified customer supply chains are driving the company's continued capacity expansion. 3. The total potential market size for AI chips in China is projected to grow at a CAGR of 69% from 2025 to 2030, requiring SMIC to allocate 54%-71% of its capital expenditure to 7nm and advanced nodes. Domestic cloud vendors' capital expenditure is expected to increase by 80%/20%/18% YoY from 2026 to 2028E. Global industry capacity is being dominated by AI, benefiting its non-AI and mature node sectors. 4. New wafer pricing will take effect in Q3 2026, supporting gross margins. Goldman Sachs maintains its "Buy" rating, with a target price of HK$153 for H shares (80.7x 2028E P/E discount) and a target price of RMB 257.9 for A shares (a 196% premium over H shares). (Goldman Sachs report, September 21)
Open Account
Demo Account
Contact Us
About Us Real-time Quotes & News Market Analysis
 Trading Platform Market Analysis Promotion Terms Promotion FAQ Contact
Copyright © 2026 Aspire Global Company Limited. All Rights Reserved.
Terms of Use and Privacy
Disclaimer

Disclaimer: ASPIRE is not responsible for the content of any analysis, advice, comment, suggestion, research report or market data in this website and links to third-party websites or resources. All the information mentioned above only represents the view of corresponding author. ASPIRE cannot and does not warrant the accuracy, validity, timeliness or completeness of any such information. You should conduct individual assessments and other proper research to make their investment decisions. The materials and information contained in this website are provided for reference only and do not constitute or form an offer, invitation, solicitation or investment advice or recommendation to acquire or dispose of any investment products or services. The price of any financial instruments described in this website may fall as well as rise. Past performance should not be taken as an indication of future performance. The risk disclosure statements do not purport to disclose or discuss all of the risks and other significant aspects of any financial instruments mentioned in this website. You should make your own appraisal of the risk and should consult to the extent necessary your own legal, tax, financial or other professional advisers in respect of any financial instruments mentioned in this website prior to entering into any transaction.

Risk Warning: Leveraged Precious Metals trading on margin carries significant risks and is not suitable for all investors. Please be sure to make investments within your own tolerance after fully understand the risks involved.

Registered & Business Address: Room 1905-1906, 19/F, Eastern Commercial Centre, 395-399 Hennessy Road, Hong Kong

Aspire Global Company Limited is not available to provide services for the residents of certain jurisdictions such as Afghanistan, the United States of America, the Islamic Republic of Iran, North Korean.