{
  "id": 19646163,
  "title": "SMIC reports Q3 revenue up 34% YoY to ~$3.19B, net profit up 123% to ~$428.4M, above ~$396.8M est., and a gross margin of 29.9%, above its 26% to 28% guidance (Sherry Qin/Wall Street Journal)",
  "url": "https://urgent.news/2026/11/12/smic-reports-q3-revenue-up-34-yoy-to-3-19b-net-profit-up-123-to-428",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T10:55:11.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.wsj.com/business/earnings/chinas-smic-doubles-profit-posts-record-revenue-on-ai-spillover-effects-0606debc?st=4BA8bL&reflink=desktopwebshare_permalink"
  },
  "original_language": "en",
  "account": null,
  "summary": "Gross margin reached 29.9% in the third quarter — SMIC, China's largest contract chip manufacturer, more than doubled profit …",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}