SMIC (0981 HK) says memory and BCD chips in short supply and prices are increasing; some peers cutting mature capacity and tightening supply
SMIC's announcement regarding the short supply and rising prices of memory and BCD chips indicates a tightening in the semiconductor market, likely driven by supply-side constraints.
US BROKER MOVES: SHOP upgraded at Mizuho and TD Cowen; INSP downgraded at Wells Fargo and Nephron
Updated Fed calls: Following the stronger than expected US payrolls report on Wednesday, many brokerages have pushed back their Fed calls
SMIC (0981 HK) says memory and BCD chips in short supply and prices are increasing; some peers cutting mature capacity and tightening supply
EU Commission says Chinese tariffs on EU dairy imports were considered unwarranted and unjustified, investigations should not have been initiated, there was not sufficient evidence
CME (CME) raises quarterly dividend 4% to USD 1.30/shr (prev. 1.25)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This situation could lead to upward pressure on semiconductor-related stock prices across the sector, as well as potential inflation implications due to increased input costs. Traders should monitor how this affects not only SMIC but also its peers and the broader tech supply chain.
Related headlines
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Hanwha Ocean (042660 KS) won a KRW 1.55tln order from Taiwan’s Yang Ming Marine Transport to build six LNG dual-fuel container ships11 hours ago
- Cintrini's Jukan, citing Citi sales desk, says "The current sell-off in Korean memory stocks is being driven by a rumour that the US is preparing tariffs targeting Korean semiconductors"4 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates2 hours ago
- Micron (MU) plans to roughly double its HBM production capacity to about 100,000 wafers per month by year-end, ET reports3 hours ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks3 hours ago
- Newsquawk Daily Asia-Pac Opening News - 3rd September 202613 hours ago
- Newsquawk US Market Wrap: Stocks bid with yields and oil little changed14 hours ago
- Broadcom Inc. (AVGO) Q3 2026 (USD): Adj. EPS 3.32 (exp. 3.22), Revenue 29.59bln (exp. 29.24bln); Q4 revenue view 34.8bln (exp. 35.05bln)14 hours ago
- US EQUITY OPEN: Stocks open contained as DELL surges ahead of AVGO earnings after-hours 20 hours ago
- Nvidia (NVDA) and CrowdStrike (CRWD) develop new cybersecurity AI models, reports WSJ22 hours ago
- PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) international investment arm sent a team to Venezuela to review assets after receiving clearance from the US7 hours ago
- ByteDance is reportedly looking to expand its computing capacity by building more data centres in Mongolia in the next 2 years, SCMP reports2 hours ago
- China Prelim Retail Passenger Vehicle Sales (Aug) +11% M/M (prev. -8.8%); -4% Y/Y (prev. -20.9%) 3 hours ago
- ByteDance gets a USD 30bln loan, which is Asia's second-largest this year8 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: SHEIN (625 HK) will join the Hang Seng Composite Index and several sub-indexes, effective September 15th9 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Nasdaq 100 lagged during US trade but still finished in the green after US stocks rebounded from losses as front-end yields edged lower10 hours ago
- France reportedly begins tests on Tesla's (TSLA) self-driving technology, sources suggest; results are expected for FSD advanced driver-assistance systems are expected in mid-to-late September48 min ago
- Airbus (AIR FP) reports August deliveries of 57 (prev. 67 M/M); Co. says it found quality issues on A330-NEO horizontal tail plane, and delivered one in the last three months. Notes that it was an isolated issue, with deliveries of A330 to pick up1 hour ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln2 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed2 hours ago
The whole workspace, free to try.
Try it free