The Biden administration needs to determine whether SMIC violated U.S. export rules to produce a chip to power Huawei's Mate 60 Pro phone, said an official.
wait, isn't that a different company than the one the post is about though
Super Micro Computer, Inc., dba Supermicro, is an American information technology company based in San Jose, California. It has manufacturing operations in the Silicon Valley, the Netherlands and at its Science and Technology Park in Taiwan.
SMIC stock price has gone up astronomically. Once again, American firms are coping and seething at their eroded market share.
am I looking at the right stock ticker? HKG: 0981 doesn't seem to have done that well over the last few years, sitting at 15 down from a high of 40
https://finance.yahoo.com/quote/SMCI/
This time last March it was around $100/share and now it's $970
wait, isn't that a different company than the one the post is about though
Ah, maybe it is. My mistake