SMIC (981 HK) expects Q1 revenue to remain flat as a decline in low-end orders partly offset surging demand for memory chips
SMIC's forecast of flat Q1 revenue indicates that while there is strong demand for memory chips, weakness in low-end orders is creating a counterbalancing effect.
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SMIC (981 HK) expects Q1 revenue to remain flat as a decline in low-end orders partly offset surging demand for memory chips
[MARKET ANALYSIS] Asia-Pac stocks trade higher but with upside capped after weak handover from US and as NFP looms, while participants also digest earnings and mixed Chinese inflation in holiday-thinned conditions
[MARKET ANALYSIS] DXY softens amid gains in major counterparts as JPY continues to strengthen post-election and with AUD outperforming on hawkish RBA rhetoric
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This mixed outlook could signal potential volatility in stock performance and may prompt traders to reassess expectations for the semiconductor sector as a whole, particularly in relation to broader supply-demand dynamics.
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