SMIC Q2 BLOWOUT — REVENUE SURGES 36% AND GOLDMAN RAISES THE BAR? 🚀📊
Target: HK$135 per Goldman Sachs 📈
Let's talk about the semiconductor giant that just flipped the script. SMIC's Q2 revenue hit $3B, up 36% YoY and 20% QoQ — crushing consensus and management's own 14-16% guidance. The real story? Gross margin printed at 25.3%, well above the 21% everyone modeled. That's product mix and pricing power doing heavy lifting. 📊
Q3 guidance stays confident, with margins guided to 26-28% — again ahead of expectations. Goldman isn't blinking either, maintaining a Buy with a HK$135 target, pointing to local fabless demand and the AI tailwind as structural growth drivers. 🤖
But here's the honest question — the beat is undeniable. Can the momentum hold with cyclical headwinds looming? 🔍
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ $SMIC #Semiconductors #AI #EarningsBeat
💹🔬
Target: HK$135 per Goldman Sachs 📈
Let's talk about the semiconductor giant that just flipped the script. SMIC's Q2 revenue hit $3B, up 36% YoY and 20% QoQ — crushing consensus and management's own 14-16% guidance. The real story? Gross margin printed at 25.3%, well above the 21% everyone modeled. That's product mix and pricing power doing heavy lifting. 📊
Q3 guidance stays confident, with margins guided to 26-28% — again ahead of expectations. Goldman isn't blinking either, maintaining a Buy with a HK$135 target, pointing to local fabless demand and the AI tailwind as structural growth drivers. 🤖
But here's the honest question — the beat is undeniable. Can the momentum hold with cyclical headwinds looming? 🔍
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ $SMIC #Semiconductors #AI #EarningsBeat
💹🔬