|Bid||2.3800 x N/A|
|Ask||2.6800 x N/A|
|Day's range||2.3000 - 2.3800|
|52-week range||1.7708 - 2.8600|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- Chinese President Xi Jinping will visit Shanghai for the first time since the financial hub’s bruising two-month Covid lockdown, local media reported, as he tries to boost waning private sector sentiment.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterBond Yields Fall on Signs Fed Is in ‘Sweet Spot’: Markets WrapMusk’s Cybe
Applied Materials (AMAT), one of the largest chipmakers in the US, faces a criminal probe for allegedly violating export restrictions to China, according to a report from Reuters. The Justice Department will investigate the company's dealings with China’s biggest chipmaker Semiconductor Manufacturing International Corp. (0981.HK), specifically looking at whether Applied Materials sold hundreds of millions of dollars of equipment without the proper licenses. Yahoo Finance Anchors Brad Smith, Seana Smith, and Myles Udland break down the report and what it means for the company going forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Semiconductor Manufacturing International Corporation (SEHK: 00981; SSE STAR MARKET: 688981) ("SMIC", the "Company" or "we"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended September 30, 2023.