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LWSA Q2 Profit Leaps 117% to US$6.6 Million as Commerce Drives Growth

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LWSA Q2 Profit Leaps 117% to US$6.6 Million as Commerce Drives Growth
The Rio Times
The Rio Times1 hrs ago
LWSA Q2 Profit Leaps 117% to US$6.6 Million as Commerce Drives Growth
LWSA, Brazil's Locaweb, lifted Q2 2026 net profit 117% to R$34.3 million, though the jump rests on a small year-ago base as margins hit a record.
AI demand drives triple-digit quarterly profit growth for Chinese foundries SMIC, Hua Hong
China’s top two contract chipmakers, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Grace Semiconductor, saw their profits surge by triple digits in the second quarter, amid a spike in demand for domestic artificial intelligence chips free of US export controls. Net profits for SMIC and Hua H
Reuters
Reuters🏁 first to report1 days ago
SMIC profit more than triples on AI-driven chip demand
SMIC profit more than triples on AI-driven chip demand  Reuters
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