SMIC, China's largest chipmaker, reported second-quarter net profit of $479.2 million, more than triple the year-earlier figure, and revenue rose 36% to $3.01 billion, driven by AI demand for power an…
SanDisk shares fell 14.3% on July 28, extending a three-day decline to 35%, after China's ChangXin Memory Technologies (CXMT) debuted on Shanghai's STAR Market with a $487 billion valuation, raising c…
Samsung Electronics reported Q2 2026 operating profit of 89.4 trillion won ($59 billion), up 1,810% year-over-year, yet its shares fell nearly 7% as a Chinese lithography breakthrough, a hawkish Feder…
A state-backed Shanghai company has begun mass-producing China's first homegrown immersion DUV lithography machines, with about five units expected this year for SMIC, Hua Hong, and CXMT, and roughly …