SEC filing shows UAE's Mubadala Investment Company has fully divested its stake in Broadcom (AVGO.O).

On Aug. 14 at the Q2 results meeting, SMIC co-CEO Zhao Haijun said wafer revenue by end-market in Q2 was smartphones 17%, PCs & tablets 16%, consumer electronics 44%, connectivity & wearables 7%, and industrial & automotive 17%, with absolute revenue levels rising sequentially. The company shifted capacity to tight-demand areas, producing roughly 40% QoQ growth in AI-related, PC & tablet, and industrial & automotive revenue. Elsewhere, customer pull-ins partly offset end-market weakness, delivering QoQ absolute revenue gains of 8% for smartphones, 16% for consumer electronics and 13% for connectivity & wearables.

Ukrainian government says no vessels have entered the port of Odesa since early August, forcing Ukraine to use alternative routes.