According to CoinMeta, SMIC, in conjunction with CEO Zhao Haijun, stated at the third-quarter earnings meeting that the company's overall sales revenue reached a new high of $3.19 billion in the third quarter, representing a month-on-month increase of 6.1%. Compared to three months ago, the demand from customers for artificial intelligence-related chips exceeded expectations, resulting in third-quarter revenue surpassing the upper end of the forecast. From a pricing perspective, the prices negotiated with customers were implemented in phases, and the product portfolio continued to be optimized, with the average wafer price increasing by 1.8% month-on-month.