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GPUBeat Archive

/Author: GPUBeat Desk

GPUBeat Desk covers AI infrastructure — chips, foundation models, inference economics, datacenter buildouts, and the geopolitics of compute.

SMIC's strong guidance and performance — SMIC, BOCI
AI Geopolitics May 19

SMIC’s Strong Q1 Performance Fuels BOCI’s Price Target Increase

BOCI has raised its price target for SMIC to HKD98.6 following solid Q1 results and optimistic guidance for Q2, bolstered by AI-related GPU demand.

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