SMIC co-CEO sees 2026 revenue topping $12 billion as AI demand stretches chip upcycle
AI-generated summary SMIC co-chief executive Zhao Haijun said the company expects full-year revenue to top $12 billion and artificial intelligence demand to extend the current semiconductor upcycle. Zhao warned on an earnings call that tight global supplies of chipmaking equipment could disrupt the timing of capital spending at Semiconductor Manufacturing International Corp.