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Data storage stocks led the S&P 500 in 2025, with SanDisk up 560%+ to become the top performer, followed by Western Digital in second and Seagate in fourth (Carmen Reinicke/Bloomberg)

Carmen Reinicke / Bloomberg : Data storage stocks led the S&P 500 in 2025, with SanDisk up 560%+ to become the top performer, followe...

6 February 2024

SMIC reports unaudited Q4 revenue rose 3.5% YoY to $1.68B, below est., and $902.5M net income, down from $1.82B YoY; 2023 capex was up 17.6% YoY to $7.47B (Reuters)

Reuters:
SMIC reports unaudited Q4 revenue rose 3.5% YoY to $1.68B, below est., and $902.5M net income, down from $1.82B YoY; 2023 capex was up 17.6% YoY to $7.47B  —  China's largest chipmaker Semiconductor Manufacturing International Corp (SMIC) (0981.HK) on Tuesday reported a 55% fall in fourth-quarter profit …

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