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SHA:688981.SH 27 November 2025

IC Stock Today, 27 November 2025: AI Chip Rally Lifts Shares as Memory Shortage Fears Grow

IC Stock Today, 27 November 2025: AI Chip Rally Lifts Shares as Memory Shortage Fears Grow

SMIC shares rose about 2% in Hong Kong and Shanghai on Thursday, trading near HK$70.2 and RMB 115, respectively. The gains followed a rally in Chinese chip stocks driven by AI optimism and warnings of a global memory-chip shortage. SMIC remains about 25% below its October 2025 peak despite more than doubling over the past year. Turnover in Shanghai reached roughly RMB 813 million in morning trade.

Stock Market Today

  • Lime Seeks $1.66 Billion Valuation in U.S. IPO Backed by Uber
    June 27, 2026, 3:10 PM EDT. Lime, the electric scooter company backed by Uber Technologies (NYSE: UBER), aims for a valuation of up to $1.66 billion in its U.S. initial public offering (IPO). The move reflects a rebound in the IPO market after volatility tied to geopolitical tensions. Lime plans to sell about 6.96 million shares priced between $24 and $26, potentially raising up to $181.9 million. Uber, also advancing in autonomous vehicle tech with its upcoming robotaxi tests in London, continues to diversify through Delivery, Mobility, and Freight operations. The growth in equity markets is encouraging companies like Lime to proceed with public offerings despite recent market uncertainties.

Latest articles

AT&T (NYSE:T) bounces, traders watch AWS-3 bill and yield

AT&T (NYSE:T) bounces, traders watch AWS-3 bill and yield

27 June 2026
AT&T shares jumped 1.34% to $22.72 on Friday with double average volume after winning just 10 AWS-3 spectrum licenses for $120.8 million—only 3.8% of Verizon’s $3.16 billion spend—supporting near-term cash flow and dividend prospects ahead of the July 10 record date and July 22 earnings call.
Coca-Cola (NYSE:KO) stock run brings IRS $20 billion case into view for investors

Coca-Cola (NYSE:KO) stock run brings IRS $20 billion case into view for investors

27 June 2026
Coca-Cola (KO) surged 2.75% to $82.63 Friday, outpacing staples as a federal appeals court appeared receptive to KO’s arguments in its $14 billion IRS tax dispute; the stock’s $3.24 gain since June 18 was driven mostly by Friday’s $2.21 jump, with analysts noting the case’s outcome could impact billions in potential refunds or liabilities.
Fiserv (NASDAQ:FISV) sees stock lift after CEO surprise

Fiserv (NASDAQ:FISV) sees stock lift after CEO surprise

27 June 2026
Fiserv jumped 4.8% for the week, defying market declines after insider buys clustered around $49–$51 and a CEO change; heavy Friday trading set the $49–$50 level as a key test for investor confidence in the shortened trading week, with the stock closing at $49.45—just below the insiders’ average purchase price.
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