中芯国际：预计2026年销售收入增幅高于同业平均值 资本开支与2025年相比大致持平

Core Viewpoint - SMIC anticipates both opportunities from the return of the supply chain and challenges from the storage cycle by 2026 [1] Financial Guidance - For Q1, the company projects sales revenue to remain flat quarter-over-quarter, with a gross margin between 18% and 20% [1] - In the absence of significant external changes, the 2026 guidance indicates that sales revenue growth will exceed the average of comparable peers, with capital expenditures expected to be roughly on par with 2025 [1]