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SMIC Rallies 7% on Earlier Report of Successful Core Tech of 5nm Process
Recommend 48 Positive 65 Negative 39 |
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SMIC (00981.HK) opened 1.5% higher this morning and continued higher. It last shot up 7% to $40.7. It once peaked at $40.8 during the trading session. SMIC succeeded in developing the core technology of 5nm process, New York Times reported earlier. Taiwan media analyzed that SMIC's 5-nm process might most likely use the same ASML lithography machine it purchased before it was sanctioned. AAStocks Financial News |
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