China's SMIC Lifts Prices as AI Demand Tightens Mature-Node Capacity
Semiconductor Manufacturing International shares climb on stronger-than-expected Q2 earnings and price increases, lifting the broader Asian chipmaking complex as AI-driven order books absorb legacy foundry supply.
SMIC posted robust second-quarter results and is raising prices amid surging AI-linked demand, a signal that pricing power is spreading beyond leading-edge logic into mature-node foundry capacity. Chip peers traded higher in sympathy, while a separate LG–Nvidia robotics and AI-factory partnership underscored the widening industrial reach of the AI capex cycle.
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