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SMIC and Intel diverge as geopolitical risks boost SMIC while Intel sees limited gains

Amanda Liang, analysis; Jingyue Hsiao, DIGITIMES Asia Thursday 5 September 2024 0

Credit: AFP

Intel has been dealing with ongoing losses and is reportedly exploring various cost-cutting measures and monetization strategies for its foundry services. Meanwhile, SMIC, which also emphasizes local chip manufacturing, is poised to reap the rewards...

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