SMIC posts record Q3 revenue, but rising costs weigh on margins
SMIC reported record Q3 revenue of $3.19 billion on AI-related demand that beat guidance, according to TradingView, with rising costs weighing on margins.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Semiconductor Manufacturing International (SMIC) reported record third-quarter revenue of $3.19 billion, according to TradingView. Demand linked to artificial intelligence, along with higher shipments and average selling prices, pushed results above the company's own guidance.
Full-year revenue is expected to exceed $12 billion. For the fourth quarter, the company guided to growth of 4% to 6%. At the same time, higher costs and increased research and development spending are pressuring margins.
why it matters
For investors, the mix of strong revenue and narrowing margins makes SMIC shares and the broader chip sector sensitive to cost trends and demand for AI chips. Uncertainty in supply chains adds caution to the outlook for the company.
market impact
SMIC shares and chip sector: strong revenue supports, rising costs and margin pressure weigh
- SMIC shares mixed — record revenue and growth guidance sit alongside cost pressure on margins
tags
instruments
sources
- Semiconductor Manufacturing International: Record Q3 revenue and robust FY growth outlook offset by rising costs and supply-chain uncertainty — TradingView, 13 November 2026 at 02:29 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗