Chip Maker SMIC's Shares Jump on Earnings Beat, Strong Guidance

Shares in Semiconductor Manufacturing International Corp. rose sharply in Hong Kong on its better-than-expected quarterly results and rosy guidance, signaling a stronger recovery in demand.

Aug 9, 2024 - 09:00
118
Shares in Semiconductor Manufacturing International Corp. rose sharply in Hong Kong on its better-than-expected quarterly results and rosy guidance, signaling a stronger recovery in demand.