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An update from Semiconductor Manufacturing International ( (HK:0981) ) is now available.
Semiconductor Manufacturing International Corporation reported first-quarter 2026 revenue of $2,505.5 million, a modest 0.7% sequential increase and up from $2,247.2 million a year earlier, with gross profit of $503.6 million and a gross margin of 20.1%. Management signaled improving demand, projecting second-quarter revenue growth of 14% to 16% quarter-on-quarter and a gross margin between 20% and 22%, and said it will closely manage resources and product responsiveness to sustain high-quality delivery in a complex market environment.
The most recent analyst rating on (HK:0981) stock is a Buy with a HK$87.40 price target. To see the full list of analyst forecasts on Semiconductor Manufacturing International stock, see the HK:0981 Stock Forecast page.
More about Semiconductor Manufacturing International
Semiconductor Manufacturing International Corporation is a leading global semiconductor foundry based in China, specializing in contract chip manufacturing for a broad range of electronics customers. The company operates under International Financial Reporting Standards and is listed in both Hong Kong and on Shanghai’s STAR Market, positioning it as a key player in the mainland and international semiconductor supply chain.
Average Trading Volume: 71,178,187
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$741.7B
For an in-depth examination of 0981 stock, go to TipRanks’ Overview page.