---
format: "aidr-story-markdown/v1"
id: "7035ef35d4b5bf49643390f8752f8c0a2f86653c7304b688e2191d5a4583d8db"
canonical_url: "https://aidr.today/7035ef35?lang=en"
title: "SMIC Profit Doubles to $651M on Record $3.19B Third-Quarter Revenue"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
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published_at: "2026-11-13T12:39:18.000Z"
category: "Industry"
topics: ["funding"]
source_urls: ["https://marketbrief.now/earnings/smic-profit-doubles-to-651m-on-record-319b-third-quarter-revenue-3c3ea66a","https://huggingnews.com/earnings/smic-profit-doubles-to-651m-on-record-319b-third-quarter-revenue-3c3ea66a"]
summary: "SMIC reported a third-quarter revenue of $3.19B and a profit of $651M. The company warned that the nation's AI computing shortage will persist until 2028. SMIC is financing expansion through joint ventures, including a recent $7.78B capital injection for its SMIC South facility in Shanghai."
---

# SMIC Profit Doubles to $651M on Record $3\.19B Third\-Quarter Revenue

> [Open the canonical story](<https://aidr.today/7035ef35?lang=en>)

**Published:** 2026-11-13T12:39:18.000Z
**Category:** Industry
**Topics:** funding

## Summary

SMIC reported a third\-quarter revenue of $3\.19B and a profit of $651M\. The company warned that the nation's AI computing shortage will persist until 2028\. SMIC is financing expansion through joint ventures, including a recent $7\.78B capital injection for its SMIC South facility in Shanghai\.

## Sources

- [Story source](<https://marketbrief.now/earnings/smic-profit-doubles-to-651m-on-record-319b-third-quarter-revenue-3c3ea66a>)
- [Story source](<https://huggingnews.com/earnings/smic-profit-doubles-to-651m-on-record-319b-third-quarter-revenue-3c3ea66a>)