SMIC的利润在Q4中飙升了60.7%,但股票下跌了,因为它警告说,工厂大规模扩张会增加成本。 SMIC's profit soared 60.7% in Q4, but shares dropped as it warned of higher costs from a major factory expansion.

中国最高合同芯片制造商SMIC报告说,第四季度利润猛增60.7%,收入增长12.8%,达到24.9亿美元,但据粗略估计,但警告说,2026年由于能力大幅扩张,折旧成本将上涨30%。 SMIC, China’s top contract chipmaker, reported a 60.7% surge in fourth-quarter profit and 12.8% revenue growth to $2.49 billion, beating estimates, but warned of a 30% rise in depreciation costs in 2026 due to a major capacity expansion. 该公司计划在2025年增加50 000瓦弗之后,到年底每月增加40 000个12英寸等值的卷饼,2025年资本支出为81亿美元。 The company plans to add 40,000 12-inch equivalent wafers monthly by year-end, following a 50,000-wafer increase in 2025, with capital spending at $8.1 billion in 2025. 尽管中国芯片设计商的需求强,并且转向国内生产,但SMIC的股价下跌了近4%. Despite strong demand from Chinese chip designers and a shift toward domestic production, SMIC’s shares fell nearly 4%. 上海在2026年将其半导体投资基金扩大11倍,以促进自力更生,这是美国技术限制下国家推动的一部分。 Shanghai expanded its semiconductor investment fund by 11-fold in 2026 to boost self-reliance, part of a national push amid U.S. tech restrictions.