Xin Lang Cai Jing·2025-11-16 12:34Group 1 - SMIC reported Q3 revenue of $2.382 billion, a 7.8% increase quarter-over-quarter and a 9.7% increase year-over-year, with a net profit of $315 million, reflecting a significant 115.1% quarter-over-quarter growth and a 41.3% year-over-year growth, driven by increased wafer sales and optimized product mix [1] - For Q4, despite being a traditional off-season, SMIC expects revenue to remain flat to grow by 2% quarter-over-quarter, with a gross margin guidance of 18% to 20% [1] - TSMC is actively expanding its AI capacity, planning to raise prices for advanced processes starting January 2026, with an average price increase of 3%-5% over four years, reflecting rising production costs and capital expenditures [1] Group 2 - The semiconductor industry is experiencing robust demand, particularly in AI, with companies like NVIDIA and AMD actively securing capacity for 2026 [1] - The demand for AI-related products is expected to drive significant growth in the ASIC market, with companies like Google, Amazon, Meta, OpenAI, and Microsoft anticipated to see explosive growth in ASIC quantities from 2026 to 2027 [1] - The PCB industry is also benefiting from strong AI demand, with many AI-PCB companies reporting robust orders and full production capacity, indicating high growth potential for Q4 and next year [1][2]