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SMIC Rallies 7% on Earlier Report of Successful Core Tech of 5nm Process
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 t...
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SMIC Rallies 7% on Earlier Report of Successful Core Tech of 5nm Process
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SMIC (00981.HK)  -1.400 (-2.929%)    Short selling $313.50M; Ratio 9.033%   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.

Related NewsHTSC: CN Mature Process Capacity Expanding Rapidly; Global Supply-Demand May Undergo Structural Divergence
Taiwan media analyzed that SMIC's 5-nm process might most likely use the same ASML lithography machine it purchased before it was sanctioned.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-02-11 12:25.)

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