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Semiconductor Manufacturing International
SMIC, the Shanghai-based chip foundry has been struggling and faces stiff competition from Taiwanese rivals that have moved into the Chinese markets. Its stock price has been under pressure, and there’s talk that U.S. private equity firms are interested in taking a stake in the company.
U.S. Exchange: NYSE (SMI)
Market Cap: $2.5 Billion
Adjusted Index Weighting: 1.87%
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