Goldman Sachs Upgrades SMIC Target Amid AI Demand Surge
Goldman Sachs raises SMIC's target price to HKD135, driven by AI trends and ongoing capacity expansion, with a bullish outlook for 2026.
This week in ai geopolitics
SMIC Secures Approval for Historic $6.4 Billion Acquisition of SMNC
China's SMIC has gained regulatory approval for a $6.4 billion acquisition of Semiconductor Manufacturing North China, enhancing its…
Significant Bearish Block Trade of SMIC Shares Signals Market Concerns
A bearish block trade of 75.5K shares of SMIC at HK$75.1 reveals shifting investor sentiment, indicating potential market…
Eros Innovation Advocates for Asia’s Sovereign AI Vision at Cannes Next
At Cannes Next, Eros Innovation brought together over 200 global leaders to explore Asia's sovereign AI vision, emphasizing…
SMIC Shares Surge Following Regulatory Approval for New Issuance
SMIC's shares rose over 3% after receiving approval from the CSRC to issue millions of new shares to…
The archive
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SMIC Sees Major Block Trade with 98K Shares at HK$66.05
GPUBeat Desk · 1 min
SMIC Secures CSRC Approval for Strategic Share Issuance
GPUBeat Desk · 2 min
SMIC Reports Strong Q1 Results Amid AI-Driven Demand Dynamics
GPUBeat Desk · 2 min
India’s First 300-mm Semiconductor Fab Gains Momentum with ASML-Tata Deal
GPUBeat Desk · 2 min
SMIC Shares Surge Over 3% Following CSRC Approval for Major Stake Acquisition
GPUBeat Desk · 2 min
SMIC Reports Steady First Quarter, Positive Outlook for Q2 2026
GPUBeat Desk · 1 min
UAE Launches Sovereign AI Platform for Secure National Infrastructure
GPUBeat Desk · 2 min
India’s Strategic Shift to Sovereign AI Cloud Set to Transform Digital Landscape
GPUBeat Desk · 2 min
Sovereign AI’s Role in Military Ethics: A Constitutional Perspective
GPUBeat Desk · 3 min
SMIC Experiences Bearish Block Trade of 94.5K Shares
GPUBeat Desk · 1 min