According to Reuters, SMIC's joint executive director Zhao Nai Jun said that the US's semiconductor tax policy had initially worried about the "hard land" of operations. And strengthen the demand from China, so that the production can be eaten until October.

SMIC International Executive Director Zhao Naijun said at the Financial Conference that he had not yet negotiated with customers on the 100% tax levy imposed on US President Trump on the import of semiconductors, but after the tax levy was announced in April, an emergency plan had been formulated, which had a smaller impact.

The first few taxes have caused the cost of overseas customers to increase by less than 10%. But in a few months, we either supplemented the inventory for 2025-2026, or found other suppliers, which had a smaller impact. Zhaohai Army said that SMIC's international production capacity is still insufficient, and domestic substitution demand is strong, and the production capacity will continue until October.

Trump recently said that the United States is 100% tax on import semiconductors, but it does not apply to companies that produce or commit to American production. SMIC has been included in the physical list by the US Department of Commerce in 2020, and the main market of SMIC is China. In the second quarter, the Chinese market accounted for 84%, the same as the first quarter, and the US market achieved a 12.9%, slightly higher than the first quarter 12.6%.

SMIC's second-quarter financial report showed that revenue increased by 16.2% compared with the same period in 2024, with a total amount of US$2.2 billion. Shareholder interests fell 19.5%, with a sum of $132.5 billion, lower than the market forecast of $183.35 billion. SMIC's Hong Kong stock price fell more than 5% on the 8th.