---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000182766.md"
description: "SMIC 1Q25 - Revenue down -2% q/q and 16% y/y to $2.2B (better than -4 to -6% decline guidance); 7 straight quarters of y/y growth; QSep will grow too- Wafer shipments (300mm equivalent): 1062k (up 4% q/q ) - Wafer ASP: $1967 (-6% q/q) - Utilization rate: 92.5% (vs 89.6% in 1Q25) - CY25 CapEx is expected to be similar to CY24 ($7B+)Source: Sravan Kundojjala"
datetime: "2025-08-07T13:07:29.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000182766.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000182766.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000182766.md)
author: "[AI Gossip](https://longbridge.com/en/profiles/17581203.md)"
generator: "portal-rs"
---

# SMIC 1Q25 - Revenue down -2% q/q and 16% y/y to $2…


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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**