SMIC : More Optimistic on Overall Operations This Year; AI Drives Power Management Chip Capacity into Short Supply
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SMICis optimistic about its operations this year due to strong customer demand and order backlog. The company faces a short supply of power management chips driven by AI demand, leading to order repatriation from overseas. Increased demand for domestic substitution in logic and networking chips, along with price hikes and inventory buildup by customers, further supports this positive outlook.
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