SMIC raises wafer prices as AI demand tightens capacity

Semiconductor Manufacturing International Corporation's quarterly revenue passed $3 billion, with net profit of $479.2 million and 2.9 million 8-inch-equivalent wafers shipped at 93.7 per cent utilisation, the company reported on 14 August 2026. Management said previously negotiated price increases will apply to third-quarter output. Demand extends beyond leading-edge logic to other AI-system chips.

The results matter because AI demand is reaching not only accelerators but also power, connectivity and supporting silicon. Process, yield, packaging and equipment access each need separate assessment.