facebookAnyone did any research/valuation on SMIC (Semiconductor Manufacturing International Corp) ? Long term buy and hold.? - Seedly

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Tommy Lee

26 Sep 2020

βˆ™

Stocks

Anyone did any research/valuation on SMIC (Semiconductor Manufacturing International Corp) ? Long term buy and hold.?

Reason :
1) The biggest Semiconductor manufacturer in China will benefit from the ongoing CHINA-US cold war

2) China/Huawei need to fill in the gap for the lack of semiconductors even just for local domestic market

3) The ban will mean China has no choice but to speed up the their innovation and bite the bullet in order to survive

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