SMIC Co-CEO Zhao Haijun said at the performance conference that in addition to the company's previous predictions, the Chinese Internet company's drastic increase in hardware investment can clearly feel that when customers discuss future cooperation with the company, the number of subsequent downtimes far exceeded their original expectations. Directly related requirements, as well as supporting chips related to data center circuit boards and computing power boards, such as logic circuits, BCDs, and optical modules, are all in short supply.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.