Goldman Sachs Boosts SMIC Price Target Amid AI Demand Surge
Goldman Sachs raises its price target for SMIC to HKD 135, driven by strong AI demand and key growth factors. The firm maintains a 'Buy' rating.
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Citi Upgrades SMIC and Hua Hong Semi Amid AI Demand Surge
Citi has raised the target prices and earnings forecasts for SMIC and Hua Hong Semi, citing strong performance…
SMIC Sees Strong Q2 Guidance Amid Surge in AI Demand
SMIC's latest report indicates stable guidance for Q2, driven by surging AI demand and expected price increases, prompting…
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…
Demand for SMIC’s Automotive Chips Surges Amid AI Boom
The AI boom is significantly increasing demand for SMIC's automotive-grade chips, leading to full order books and tightening…