SMIC reported USD 3.01 billion revenue and SMIC stock fell 3.72 percent

Published on 10/09/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 revenue rose 23.70 percent to USD 5.51 billion. For SMIC stock, third-quarter gross-margin guidance is 26.00 to 28.00 percent.

Key points in brief

SMIC reported second-quarter 2026 revenue of USD 3.01 billion, up 20.00 percent sequentially.
First-half 2026 revenue rose 23.70 percent to USD 5.51 billion.
Third-quarter gross-margin guidance stands at 26.00 to 28.00 percent.
SMIC stock was last at HKD 57.65 on HKEX on October 9, 2026, with a market capitalization of HKD 583.3 billion.

SMIC, KYG8020E1199, Illustration mit AI erstellt.

SMIC stock fell 3.72 percent on October 9, 2026, while the company reported second-quarter revenue of USD 3.01 billion on August 14, 2026. Futu reported the A-share decline, while Yahoo Finance carried the second-quarter figures. The contrast puts operating growth beside a weaker same-day mainland market signal.

Three dated SMIC developments

On August 14, 2026, SMIC reported second-quarter revenue of USD 3.01 billion, up 20.00 percent sequentially, with gross margin at 25.30 percent, according to Yahoo Finance.

On September 10, 2026, ANI reported that SMIC held 5.40 percent of global foundry revenue in the second quarter, up from 5.10 percent.

On October 9, 2026, SMIC declined 3.72 percent in the A-share market, according to Futu. That move was reported alongside declines in other mainland memory-chip names, but the source did not establish a company-specific cause.

What does the margin guide imply?

SMIC guided third-quarter 2026 revenue to increase 2.00 to 4.00 percent sequentially and set gross-margin guidance at 26.00 to 28.00 percent, according to Yahoo Finance. The lower end of the guide is 0.70 percentage points above the second-quarter margin, while the upper end is 2.70 points higher.

First-half 2026 revenue reached USD 5.51 billion, up 23.70 percent year over year, and first-half gross margin was 22.90 percent, up 1.50 percentage points year over year, the same earnings-call transcript said. The operating picture therefore combines a quantified revenue comparison with a margin range that remains above the second-quarter result.

Hong Kong quote and valuation

SMIC was last at HKD 57.65 on the HKEX on October 9, 2026 at 4:08 p.m. HKT, up 1.50 percent versus the prior close of HKD 56.80. The 52-week range was HKD 49.32 to HKD 93.00, and market capitalization was HKD 583.3 billion on the same date.

SMIC trades under ticker 0981 on the HKEX and operates in the technology sector and semiconductor industry. The combination of 23.70 percent first-half revenue growth and a 26.00 to 28.00 percent third-quarter margin guide gives the operating data a clearer scale than the isolated October 9 mainland-market decline.