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SMIC (00981.HK) Surges Another 6.9% to Hit Record High on Breakthrough in Chip Tech
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SMIC (00981.HK) stretched its uptrend from the previous day to open 0.72% higher today and reach a record high of $44.9. It last traded at $44.8, up 6.92%, on a volume of 25.5233 million shares, involving $1.113 billion. SMIC succeeded in developing the core technology of the 5nm process, New York Times reported earlier. Taiwanese media analysis suggested that SMIC's breakthrough in the 5nm process is most likely achieved using ASML lithography machines purchased before the sanctions. AAStocks Financial News |
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