{
  "id": 758438,
  "title": "SMIC reports Q2 revenue up 36% YoY to ~$3B, net profit up 3x+ to ~$479.2M, above ~$283.1M est., and a 25.3% gross margin, driven by strong mature-node orders (Sherry Qin/Wall Street Journal)",
  "url": "https://urgent.news/2026/08/13/smic-reports-q2-revenue-up-36-yoy-to-3b-net-profit-up-3x-to-479-2m",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T11:10:02.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.wsj.com/business/earnings/smic-posts-earnings-beat-as-mature-node-orders-surge-444e75f7?st=CUyD27&reflink=desktopwebshare_permalink"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Chinese chip foundry's net profit more than tripled in the second quarter — SMIC, China's biggest chip foundry …",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MarketWatch",
        "title": "Cisco stock falls on margin concerns. Here’s what Wall Street analysts are saying.",
        "url": "https://urgent.news/2026/08/13/cisco-stock-falls-on-margin-concerns-heres-what-wall-street-analysts",
        "published": "2026-08-13T10:28:00.000Z"
      }
    ]
  },
  "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."
}