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SMIC raises wafer prices for Q3 processing after Q1 negotiations

Techmeme 5 hours ago 92 min read ↗ Original

SMIC will charge more for wafers processed in Q3 after successfully raising prices through negotiations with customers in Q1.

WHY IT MATTERS

Fabless chip companies relying on China's top foundry will face higher manufacturing costs for their Q3 production runs. The increase signals sustained leverage for SMIC, driven by continued AI-related demand.

Written by elseif from the cluster below · every claim links back to a source

The three things worth knowing

SMIC raised prices following negotiations with customers in Q1.

The foundry will charge more for wafers processed in Q3.

SMIC stated that AI-related demand would continue.

THE CLUSTER

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Techmeme SMIC co-CEO Zhao Haijun says the company raised prices following negotiations with customers in Q1, and that it will charge more for wafers processed in Q3 (Reuters) 5 hours Open ↗