Hua Hong Grace

Hua Hong Semiconductor reported second-quarter net profit of $38.6 million, up 385.9% year over year, on record revenue of $717.5 million, while SMIC's net profit more than tripled to $479.2 million o…

SMIC and Hua Hong Grace reported triple-digit profit growth in the June quarter, with net profits up 261.7% to US$479.2 million and 385.9% to US$38.6 million respectively, driven by surging AI demand.…