SMIC Fourth Quarter Profit Surges Sixty Percent Beyond Analyst Expectations
China's top chipmaker SMIC reported a 60.7 percent jump in fourth-quarter profit on Tuesday. Revenue also climbed to $2.49 billion as the firm beat forecasts.
Insights:
Semiconductor Manufacturing International Corporation announced its fourth-quarter and year-end results on February 10, 2026, reporting a 60.7% year-on-year increase in profit to $172.85 million. The company, which is the largest contract chipmaker in China 
CN, also reported that its revenue rose 12.8% to $2.49 billion. Both the profit and revenue figures surpassed the estimates previously set by LSEG analysts.
CN, also reported that its revenue rose 12.8% to $2.49 billion. Both the profit and revenue figures surpassed the estimates previously set by LSEG analysts.
