Shares in Chinese chipmaker SMIC drop nearly 7% after earnings miss
Shares of Semiconductor Manufacturing International Corporation, Chinas largest contract chip maker, fell nearly 7% after an earnings miss.…
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SMIC to closely monitor impact of tariffs on demand, says co-CEO
Chinas semiconductor foundry, Semiconductor Manufacturing International Corporation (SMIC), will closely monitor the impact of tariffs on demand, co-CEO Zhao Haijun…
Why Taiwan Semiconductor Manufacturing Stock Is Sinking Today
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock is declining in Mondays trading following potentially significant news about competitive dynamics in the…
Why Intel Stock Is Plummeting Today
Shares of Intel (NASDAQ: INTC) are falling on Thursday. The chipmakers stock had lost 8.7% as of 12:20 p.m. ET.…
Chinese Chip Stocks Gain $13 Billion on Talk of Beijing Stimulus
Top Chinese chipmaker Semiconductor Manufacturing International Corp. led a $13 billion sector rally, after investors bet that Beijing will declare…