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SMIC: In the third quarter, the company's total sales revenue reached US$3.19 billion, an increase of 6.1% compared to the previous quarter; the gross profit margin was 29.9%, an increase of 4.6% compared to the previous quarter.

2026-11-12

SMIC: In the third quarter, the company's total sales revenue reached US$3.19 billion, an increase of 6.1% compared to the previous quarter; the gross profit margin was 29.9%, an increase of 4.6% compared to the previous quarter.

Other News
2026-11-12

1. Microsoft pledges to cover the power supply costs for its AI computing power expansion. 2. US media reports Nvidia is preparing to oust Jensen Huang; Nvidia shares fall over 7% in after-hours trading. 3. SpaceX reportedly attempts to "de-Nvidia-

1. Microsoft pledges to cover the power supply costs for its AI computing power expansion. 2. US media reports Nvidia is preparing to oust Jensen Huang; Nvidia shares fall over 7% in after-hours trading. 3. SpaceX reportedly attempts to "de-Nvidia-ize" its rack layers: buying only chips and developing Kessel racks to bypass L6 computing boards. 4. Anthropic secures over $10 billion in new cloud computing contracts with Microsoft and Google. 5. Texas power grid chief hopes data centers will reduce electricity consumption before blackout crises occur. 6. Japan plans to introduce a penalty mechanism for security risks posed by AI companies. 7. Concerns surrounding the Jensen Huang investigation lead to a Wall Street downgrade of Nvidia's rating. 8. Alphabet launches Asian bond issuance as AI companies face scrutiny. 9. Baidu releases Wenxin 5.5 Flash preview version, opening up a million-token context API. 10. Siemens Energy discloses approximately €15 billion in data center-related orders on hand. 11. Fujian: Establish 10 artificial intelligence research and innovation platforms and initiate 10 key technological innovation and industrialization projects in the field of artificial intelligence.
2026-11-12

Bank of Japan policy board member Asada said Japan's nominal neutral rate is at the lower end of the BOJ staff's estimated range.

Bank of Japan policy board member Asada said Japan's nominal neutral rate is at the lower end of the BOJ staff's estimated range.
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