# chip industry
Latest news and articles about chip industry
Total: 2 articles found
SMIC Posts Revenue and Net-Profit Gains in Q4 Despite Sharp Fall in Pre‑Tax Profit
SMIC reported Q4 2025 revenue of RMB 17.813 billion (up 11.9% YoY) and net profit of RMB 1.223 billion (up 23.2% YoY), while profit before tax plunged 41.5% to RMB 1.602 billion. The mixed results underscore resilient domestic demand for foundry services but raise questions about the role of non‑operating items and the sustainability of earnings amid export controls and industry headwinds.
ASML to Cut About 1,700 Jobs as Chipmaker Rebalances After a Boom
ASML will cut about 1,700 jobs, mostly in technical and IT management roles in the Netherlands and some in the U.S., representing roughly 4% of its workforce. The reduction appears aimed at overhead trimming and organizational realignment amid a cyclical industry and geopolitical uncertainty, rather than at production capacity.