Stock Track | SMIC Soars 5.05% Intraday Fueled by Huawei Tech Breakthrough and Capacity Expansion

Stock Track

May 28

SMIC's stock price surged 5.05% during intraday trading on Thursday, reflecting strong investor buying interest in the semiconductor giant.

The significant upward movement is attributed to a confluence of positive catalysts. The rally follows Huawei's landmark announcement of the Tao (τ) Law, a new technological principle that proposes replacing traditional geometric scaling with time scaling to enhance transistor density without relying on cutting-edge lithography. This breakthrough is seen as a major boost for the domestic semiconductor ecosystem.

Further supporting the sentiment is SMIC's recent receipt of CSRC approval for its share issuance to acquire a 49% stake in SMIC North, a move that consolidates its manufacturing capacity expansion plans. Additionally, analyst upgrades citing robust AI-driven demand for chips and ongoing supply-demand tightness in the sector have provided fundamental backing to the stock's ascent.

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The rally follows Huawei's landmark announcement of the Tao (τ) Law, a new technological principle that proposes replacing traditional geometric scaling with time scaling to enhance transistor density without relying on cutting-edge lithography. This breakthrough is seen as a major boost for the domestic semiconductor ecosystem.</p><p>Further supporting the sentiment is SMIC's recent receipt of CSRC approval for its share issuance to acquire a 49% stake in SMIC North, a move that consolidates its manufacturing capacity expansion plans. Additionally, analyst upgrades citing robust AI-driven demand for chips and ongoing supply-demand tightness in the sector have provided fundamental backing to the stock's ascent.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00981","symbol_name":"中芯国际","start_time":0,"source_url":"","article_id":"1126567767","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126567767","pubTimestamp":1779933101,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"SMIC's stock price surged 5.05% during intraday trading on Thursday, reflecting strong investor buying interest in the semiconductor giant.The significant upward movement is attributed to a...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00981":"中芯国际"},"translate_title":"个股追踪|华为技术突破和产能扩张推动中芯国际盘中飙升5.05%","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/f1ffa1de64d660775723b9d385bda26b","symbols_score_info":{"00981":1},"content_text":"SMIC's stock price surged 5.05% during intraday trading on Thursday, reflecting strong investor buying interest in the semiconductor giant.The significant upward movement is attributed to a confluence of positive catalysts. 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