中芯国际
China's largest semiconductor foundry, offering 8-inch and 12-inch mature-node and specialty process manufacturing.
SMIC co-CEO Zhao Haijun said at the company's Q3 2026 earnings call that AI compute demand far outstrips supply, with industry consensus pointing to severe foundry capacity shortages in 2027 lasting into mid-to-late 2028. SMIC expects full-year revenue above $12 billion, up nearly 30% year over year, while shifting capacity freed from weak handset and low-end consumer orders toward specialty memory and BCD products.
SMIC reported Q3 revenue of RMB 21.98 billion, up 28.1% year over year, with net profit surging 87.6%, as China accounted for 90.8% of sales. Co-CEO Zhao Haijun said Chinese customer demand is outpacing overall growth, capacity is shifting toward 12-inch lines, and AI demand could extend the semiconductor upcycle.
SMIC reported Q3 revenue of RMB 60.6 billion, up 22.4% year over year, with co-CEO Zhao Haijun noting weak smartphone and consumer electronics demand offset by 18-26% sequential growth in computing/tablet, industrial/automotive and connectivity/wearables segments driven by supply-chain localization. The company expects full-year revenue above $12 billion, up nearly 30%, shifting capacity toward specialty memory and BCD high-value processes.
SMIC posted Q3 revenue of $3.19 billion, up 6.1% quarter-over-quarter and above guidance, driven by faster-than-expected customer pull-in of AI-adjacent chips such as BCD, specialty memory and controllers. Average wafer ASP rose 1.8% sequentially, and the company expects full-year revenue above $12 billion, up nearly 30% year-over-year, though lengthening equipment lead times may disrupt capex execution next year.
SMIC co-CEO Zhao Haijun said full-year 2026 revenue is expected to exceed $12 billion, up nearly 30% year over year, with Q4 revenue guided up 4%-6% sequentially and gross margin held at 26%-28%. He warned that global equipment supply chain tightness and lengthening lead times could disrupt next year's capex execution. First three quarters revenue reached RMB 60.62 billion with net profit up 91.6%.
SMIC reported 60.62 billion yuan in revenue and 7.31 billion yuan in net profit for the first nine months of 2026, up 22.4% and 91.6% year over year, driven by higher wafer shipments, rising utilization and an improved product mix. Third-quarter revenue reached 21.98 billion yuan with net profit of 2.85 billion yuan, as utilization climbed above the prior quarter's 93.7% and 12-inch wafers rose to 78.9% of mix.