SMIC Surges Over 5% to Record High as Goldman Sachs Issues Buy Rating

Deep News

Sep 17

The lithography equipment index posted strong gains, with semiconductor stocks continuing to strengthen during trading. Semiconductor Manufacturing International Corporation (SMIC) surged over 5% intraday to reach a historic high. As of press time, the stock was up 4.75% to HK$66.20, with trading volume reaching HK$5.341 billion.

Goldman Sachs issued a research report on SMIC yesterday, stating that the firm is optimistic about the company due to demand-driven utilization and gross margin recovery, along with the company's continued stable capacity expansion and new AI opportunities. The bank expects the company's third-quarter upward trend to serve as a catalyst, forecasting sequential revenue growth of 5%-7% and gross margins projected at 18%-20%. Goldman Sachs assigned a buy rating to SMIC and raised its target price to HK$73.1.

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Semiconductor Manufacturing International Corporation (SMIC) surged over 5% intraday to reach a historic high. As of press time, the stock was up 4.75% to HK$66.20, with trading volume reaching HK$5.341 billion.</p>\n<p>Goldman Sachs issued a research report on SMIC yesterday, stating that the firm is optimistic about the company due to demand-driven utilization and gross margin recovery, along with the company's continued stable capacity expansion and new AI opportunities. The bank expects the company's third-quarter upward trend to serve as a catalyst, forecasting sequential revenue growth of 5%-7% and gross margins projected at 18%-20%. Goldman Sachs assigned a buy rating to SMIC and raised its target price to HK$73.1.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SMIC Surges Over 5% to Record High as Goldman Sachs Issues Buy Rating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSMIC Surges Over 5% to Record High as Goldman Sachs Issues Buy Rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2025-09-17 10:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The lithography equipment index posted strong gains, with semiconductor stocks continuing to strengthen during trading. Semiconductor Manufacturing International Corporation (SMIC) surged over 5% intraday to reach a historic high. As of press time, the stock was up 4.75% to HK$66.20, with trading volume reaching HK$5.341 billion.</p>\n<p>Goldman Sachs issued a research report on SMIC yesterday, stating that the firm is optimistic about the company due to demand-driven utilization and gross margin recovery, along with the company's continued stable capacity expansion and new AI opportunities. The bank expects the company's third-quarter upward trend to serve as a catalyst, forecasting sequential revenue growth of 5%-7% and gross margins projected at 18%-20%. Goldman Sachs assigned a buy rating to SMIC and raised its target price to HK$73.1.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0214","symbol_name":"IT设备","start_time":0,"source_url":"","article_id":"1188039820","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1188039820","pubTimestamp":1758075625,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"The lithography equipment index posted strong gains, with semiconductor stocks continuing to strengthen during trading. 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