SMIC raises prices as AI-related demand tightens foundry capacity

Organisation: SMIC. Status: reported Q2 results and forward guidance.

reports say Q2 revenue above US$3 billion, shareholder profit of US$479.2 million, 2.9 million 8-inch-equivalent wafer shipments and 93.7% utilisation. SMIC said third-quarter revenue could grow 2–4% sequentially; a one-off subsidiary gain also boosted profit.

Why it matters and impact: The figures show AI demand spreading beyond flagship CPUs and GPUs to a broader chip mix. Buyers should plan for price pressure while distinguishing reported results from management guidance.