#  @SKundojjala Sravan Kundojjala Sravan Kundojjala posts on X about china, dram, $tsm, $qcom the most. They currently have [------] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours. ### Engagements: [-----] [#](/creator/twitter::379092222/interactions)  - [--] Week [------] -21% - [--] Month [-------] +49% - [--] Months [---------] +28% - [--] Year [---------] -47% ### Mentions: [--] [#](/creator/twitter::379092222/posts_active)  - [--] Month [--] -90% - [--] Months [---] +94% - [--] Year [---] +110% ### Followers: [------] [#](/creator/twitter::379092222/followers)  - [--] Week [------] +0.66% - [--] Month [------] +3.50% - [--] Months [------] +18% - [--] Year [------] +39% ### CreatorRank: [-------] [#](/creator/twitter::379092222/influencer_rank)  ### Social Influence **Social category influence** [stocks](/list/stocks) [technology brands](/list/technology-brands) [countries](/list/countries) [finance](/list/finance) [currencies](/list/currencies) [social networks](/list/social-networks) [travel destinations](/list/travel-destinations) [automotive brands](/list/automotive-brands) [products](/list/products) [cryptocurrencies](/list/cryptocurrencies) **Social topic influence** [china](/topic/china) #3766, [dram](/topic/dram), [$tsm](/topic/$tsm), [$qcom](/topic/$qcom) #155, [samsung](/topic/samsung), [ai](/topic/ai), [asml](/topic/asml) #94, [growth](/topic/growth), [business](/topic/business) #4634, [$gfs](/topic/$gfs) **Top accounts mentioned or mentioned by** [@mojoflyin](/creator/undefined) [@nsureshecw](/creator/undefined) [@widditcap](/creator/undefined) [@samirkhazaka](/creator/undefined) [@beuvingjordy](/creator/undefined) [@nikkeiasia](/creator/undefined) [@wsj](/creator/undefined) [@jpkleinhans](/creator/undefined) [@jumboshrimp787](/creator/undefined) [@davideneco25320](/creator/undefined) [@nanoarun](/creator/undefined) [@insaneanalyst](/creator/undefined) [@fundaminv](/creator/undefined) [@a13935257451](/creator/undefined) [@chipssaas](/creator/undefined) [@debogates](/creator/undefined) [@dueonsaleclause](/creator/undefined) [@mooremorrisfan](/creator/undefined) [@roicinvestor](/creator/undefined) [@tshirtnjeans2](/creator/undefined) **Top assets mentioned** [Taiwan Semiconductor (TSM)](/topic/$tsm) [QUALCOMM, Inc. (QCOM)](/topic/$qcom) [GlobalFoundries (GFS)](/topic/$gfs) [Intel Corporation (INTC)](/topic/$intc) [United Microelectronic Corp. (UMC)](/topic/$umc) [Advanced Micro Devices (AMD)](/topic/$amd) [NVIDIA Corp. (NVDA)](/topic/$nvda) [Qorvo Inc (QRVO)](/topic/$qrvo) [Broadcom, Inc. (AVGO)](/topic/$avgo) [Orochi Network (ON)](/topic/$on) [Marvell Technology Inc (MRVL)](/topic/$mrvl) [Alphabet Inc Class A (GOOGL)](/topic/$googl) [RAMP (RAMP)](/topic/ramp) [Apple, Inc. (AAPL)](/topic/$aapl) [Analog Devices, Inc. (ADI)](/topic/$adi) [NXP Semiconductors NV (NXPI)](/topic/$nxpi) [Skyworks Solutions Inc (SWKS)](/topic/$swks) [Micron Technology, Inc. (MU)](/topic/$mu) [Teradyne, Inc. (TER)](/topic/$ter) [Synopsys, Inc. (SNPS)](/topic/$snps) ### Top Social Posts Top posts by engagements in the last [--] hours "Google is doubling down on Arm-based mobile computing chips - a market that grew 27% to $28 b in [----]. Its a long game and Google can afford. Google can do without 5G modem tech in Chromebooks for now. Google is working on CPUs for Chromebooks while ramps up hiring blitz for chip and hardware ambitions in Taiwan Israel India and the US. Apple Silicons success has inspired Google to develop more chips in-house @NikkeiAsia https://t.co/InCeW76vW1 Google is working on CPUs for Chromebooks while ramps up hiring blitz for chip and hardware ambitions in Taiwan Israel India and the US. Apple" [X Link](https://x.com/SKundojjala/status/1432955199509778433) 2021-09-01T06:35Z 16.5K followers, [--] engagements "Google can perhaps pick up a single-mode 4G company such as Sequans or Nordic Semi to repurpose their IoT-centric chips for smartphones and other devices" [X Link](https://x.com/SKundojjala/status/1432956418701750274) 2021-09-01T06:40Z 16.4K followers, [--] engagements "Substrate shortages are real. Sequans recently mentioned on its earnings call that substrate leadtimes stretched to [---] days from [--] days. Its that #semiconductor substrate explainer youve been waiting for via @WSJ #chipshortage #manufacturing #supplychain #semiconductors https://t.co/jjyaAtm8vK Its that #semiconductor substrate explainer youve been waiting for via @WSJ #chipshortage #manufacturing #supplychain #semiconductors https://t.co/jjyaAtm8vK" [X Link](https://x.com/SKundojjala/status/1434522141064454153) 2021-09-05T14:21Z 16.4K followers, [--] engagements "@JPKleinhans With substrate shortages Sequans indicated that its 3Q21 shipments would be zero but the company is managing with an expedited fee" [X Link](https://x.com/SKundojjala/status/1434792179659001860) 2021-09-06T08:14Z 16.4K followers, [--] engagements "@JumboShrimp787 @davideneco25320 I am highlighting the foundry diversity that $XLNX brings. In the semi industry most companies stick with 1-2 foundries. Some are exceptions. $QCOM has relationships with [--] foundries" [X Link](https://x.com/SKundojjala/status/1493980885645131776) 2022-02-16T16:09Z 16.6K followers, [--] engagements "@nano_arun Intel indicated they are open but said it will have to make strategic and financial sense. Not a lot of foundry players are left in the market now. Either UMC or GloFo will be available if Intel wants to make a move" [X Link](https://x.com/SKundojjala/status/1494624313873682435) 2022-02-18T10:46Z 16.6K followers, [--] engagements "Sequans 2Q22: Cellular IoT chip business is reaching the maturity stage. Revenue up 10% y/y to $15m. Long-term model ($200 m revenue 50% gm and 20% operating margin) intact. Comfortable with the wafer allocation through [--] and [--]. 6% wafer price increases from TSMC" [X Link](https://x.com/SKundojjala/status/1554814526687944704) 2022-08-03T13:00Z 16.4K followers, [--] engagements "$330m+ design pipeline for cellular IoT chip business for the next [--] years. The company has reached an agreement with a strategic partner to fund its 5G platform development. $50 m licensing revenue in the first [--] years and future royalties expected" [X Link](https://x.com/SKundojjala/status/1554815516900208640) 2022-08-03T13:04Z 16.4K followers, [--] engagements "Sequans is still hanging by its teeth while almost all of its peers have been acquired. The long-term model looks attractive. Renesas recently took an equity stake and a board seat but remains to be seen whether the outright acquisition will happen" [X Link](https://x.com/SKundojjala/status/1554816141356564482) 2022-08-03T13:07Z 16.4K followers, [--] engagements "TSMC doesn't talk much about wafer price increases but some of its clients are very open about it. Navitas a power IC maker claims TSMC has increased wafer prices by 20% hitting its gross margin by 400bps. Sequans and Himax talked about a 6% price increase early next yr. $TSM" [X Link](https://x.com/anyuser/status/1559493948766240769) 2022-08-16T10:55Z 17.3K followers, [---] engagements "5G baseband revenue grew 47% during the quarter driven by increased traction across price tiers and regions. Despite the smartphone weakness non-handsets continue to offer an attractive opportunity and once again outgrew handsets" [X Link](https://x.com/SKundojjala/status/1564605854921330688) 2022-08-30T13:27Z 16.4K followers, [--] engagements "MediaTek solidified its no.2 position in 5G while Samsung took a hit. Full blog post here. $AAPL $QCOM $SSNLF $SQNS $GOOG $SWKS $AVGO $QRVO $TSM $GFS https://www.strategyanalytics.com/strategy-analytics/blogs/components/handset-components/handset-components/2022/08/30/cellular-baseband-market-a-content-driven-growth-story https://www.strategyanalytics.com/strategy-analytics/blogs/components/handset-components/handset-components/2022/08/30/cellular-baseband-market-a-content-driven-growth-story" [X Link](https://x.com/SKundojjala/status/1564606442794979337) 2022-08-30T13:30Z 16.5K followers, [--] engagements "Sequans a cellular IoT chip maker will license its 5G platform to an undisclosed partner in China. 5G baseband design will be ready by 1H23. $50 m licensing and royalty for [--] years from [----]. $SQNS gets access to China market with this deal" [X Link](https://x.com/SKundojjala/status/1564934123902214144) 2022-08-31T11:12Z 16.5K followers, [--] engagements "Sequans 3Q22: Revenue up 16% q/q to $16.5m. 1st installment of 5G royalty from a strategic Chinese partner boosted gross margins to 77%. $700m pipeline for [--] yrs ($350m design-wins). [----] is likely to be a growth year with better supply from TSMC and market demand. $SQNS" [X Link](https://x.com/SKundojjala/status/1588142670169354240) 2022-11-03T12:14Z 16.5K followers, [--] engagements "Qorvo renegotiated with GloFo to reduce the impact of underutilization charges. Contract extension is one of the options GloFo gives to customers to mitigate the impact of reduced demand. $QRVO extended its contract with $GFS through [----] (previously till 2025)" [X Link](https://x.com/SKundojjala/status/1589616289794125824) 2022-11-07T13:50Z 16K followers, [--] engagements "IDMs (integrated design manufacturers) who design and manufacture their chips have stepped up their efforts to ramp in-house 300mm wafer production. Still a long way to go. $ON acquired its first 300mm wafer fab recently (138k wpa) from $GFS. $TXN and $IFX are ahead" [X Link](https://x.com/SKundojjala/status/1612817114657878017) 2023-01-10T14:22Z 15.8K followers, [----] engagements "On Semi 4Q22: Revenue down -4% q/q and up 14% y/y to $2.1 b (closer to the high end of the guidance). March quarter revenue to decline 9% sequentially. Ended the FY2022 with $8.3b revenue (+24% y/y) and 49% GM (up from 40% in 2021). $ON" [X Link](https://x.com/SKundojjala/status/1622590901561483264) 2023-02-06T13:39Z 15.8K followers, [----] engagements "Sequans 4Q22: Revenue down -4% q/q and up 15% y/y to $15.9m. Almost 70% of revenue from licensing. A big boost to gross margins. $350m of qualified design win pipeline for [--] years. [----] revenue grew 19% y/y. [----] is likely to be a growth year. $SQNS" [X Link](https://x.com/SKundojjala/status/1625825951564337153) 2023-02-15T11:54Z 16.7K followers, [----] engagements "$LRCX take on $AMATs last week announcement of reduced need for double patterning. Doesnt see it as a key area of investment" [X Link](https://x.com/SKundojjala/status/1633487778246955008) 2023-03-08T15:20Z 16.7K followers, 10.5K engagements "@NSuresh_ECW They are seeing mixed success. Auto & industrial IDMs fine for now. $ON's utilization rates dropped to 74% while $NXPI's dropped to 90%. For IDM 80-85% is a very respectable number. $INTC even set to take GM hit due to underutilization. $MU is even worse" [X Link](https://x.com/SKundojjala/status/1639926390920298496) 2023-03-26T09:44Z 15.9K followers, [---] engagements "The inventory picture is worse in memory markets. Inventory as a % of revenue Micron: 205% SK Hynix: 204% Nanya: 305% $MU earlier guided inventory dollars will peak in 3Q (ends in May) and inventory days will peak in 2Q (ended in Feb). Write-offs & -ve margins can be expected" [X Link](https://x.com/SKundojjala/status/1640777324449918976) 2023-03-28T18:06Z 16K followers, 22.8K engagements "Teradyne reiterates it will see little impact from 3nm in [----]. [----] will be different. 3nm smartphone apps processor shipments will almost triple in [----] (my estimate). A big push from the Android camp and a full-year 3nm iPhone cycle helps. $TER" [X Link](https://x.com/SKundojjala/status/1652637498437423105) 2023-04-30T11:34Z 16K followers, [----] engagements "On Semi 1Q23: - $17.6 b LTSA up $1b q/q; $5.8b of LTSA will be recognised in the [--] months; average LTSA tenure 4-5 years; pricing holds up well - Utilization rate down to 71% in Q1 from 74% in 4Q22; will be in that range through [----] - Auto and industrial 75% of rev $ON" [X Link](https://x.com/SKundojjala/status/1653102986359623685) 2023-05-01T18:23Z 15.8K followers, [----] engagements "Infineon 2QFY23: - Revenue up +4% q/q and up +25% y/y to [---] b (in line with the guidance) - Gross margin 46.6% (vs 42.9% in 1QFY22) - Operating margin 28.2% (vs 24.1%) - CapEx [---] m - Core auto revenue up 11% q/q while industrial up 12%; consumer weak $IFNNY" [X Link](https://x.com/SKundojjala/status/1654071731064274944) 2023-05-04T10:33Z 15.9K followers, [----] engagements "Sequans 1Q23: Revenue down -25% q/q and down -14% y/y to $11.9m due to inventory reduction actions by customers and seasonality. Pivots to licensing from the product boosting gross margins to 78.5%. $750m pipeline with 50% of its design wins. $100m+ revenue in 2025/26. $SQNS" [X Link](https://x.com/SKundojjala/status/1654091916089376768) 2023-05-04T11:53Z 16.5K followers, [----] engagements "Intel and AMD saw a sharp decline in their PC processor revenue in Q1 [----]. Undershipped demand from last [--] quarters. Both will likely turn the corner in 2Q23 with sequential growth that will continue through [----]. AMD: -65% y/y Intel: -38% y/y $AMD $INTC" [X Link](https://x.com/anyuser/status/1655140927420366848) 2023-05-07T09:22Z 17.3K followers, 18.2K engagements "MediaTek's top-3 customers accounted for 36% of its revenue in [----] (Samsung Xiaomi Oppo/Vivo) flat vs [----]. On the other hand Qualcomm had 50%+ revenue from Apple and Samsung in the latest quarter. In [----] TSMC's revenue from MediaTek declined 15%. $QCOM $TSM" [X Link](https://x.com/SKundojjala/status/1657443124699103233) 2023-05-13T17:50Z 15.5K followers, 10.9K engagements "On Semi updates its long-term model. Revenue to grow at 10-12% CAGR to $14b by [----]. Auto growth will outpace industrial & other segments. 85% of revenue will come from auto & industrial. Targets 38% revenue CAGR in SiC/Si power space at 70% GM. 35-40% share target in SiC. $ON" [X Link](https://x.com/SKundojjala/status/1658777681918590978) 2023-05-17T10:13Z 16.2K followers, [----] engagements "1Q23 Semiconductor foundry vendor performance thread. Foundry revenue decelerated q/q and y/y. Except for Hua Hong all other foundries declined y/y. TSMC had 64% market share. $TSM $SSNLF $GFS $UMC $SMICY $INTC $TSEM" [X Link](https://x.com/SKundojjala/status/1660616926199160832) 2023-05-22T12:01Z 16.1K followers, [----] engagements "Marvell 1QFY24: - Revenue bottomed and will grow sequentially - Consumer bottomed and will grow from here; $ADI also noted this -$200m AI revenue in the last FY -$400m+ AI revenue in this FY and $800m+ next FY $MRVL" [X Link](https://x.com/SKundojjala/status/1662034214555123712) 2023-05-26T09:53Z 15.6K followers, 10.1K engagements "Despite its long association with PCs Qualcomm's PC chip record leaves much to be desired. Yet surprisingly the management continued to drumbeat about its future PC revenue streams. Qualcomm could build the current AMD notebook PC processor size business by FY30. $QCOM" [X Link](https://x.com/SKundojjala/status/1662886141182480384) 2023-05-28T18:18Z 15.5K followers, 14.2K engagements "Broadcoms semiconductor business has [--] divisions in it. Each is operated independently. The only synergy is foundry packaging and some IP (comments at the BofA conference)" [X Link](https://x.com/anyuser/status/1666429727131971584) 2023-06-07T12:59Z 17.3K followers, 28.3K engagements "NVIDIA auto latest - MediaTek partnership about installed base growth/not exclusive to MediaTek or auto - data center roadmap features pulled into auto (multi-instance GPU) - Software compatible across generations (Thor Orin Xavier etc.); auto stack compatible with CUDA APIs" [X Link](https://x.com/SKundojjala/status/1668654538944057344) 2023-06-13T16:20Z 15.9K followers, 18.7K engagements "Qualcomm is climbing up in auto semis quietly and beating the traditional ones like ADI and inching close to ON. QCOM's auto revenue is now higher than the combined MBLY and NVDA auto rev (key competition). $45B pipeline (1/3rd ADAS) and $4B+ rev target by FY26 & $9B+ by FY31" [X Link](https://x.com/anyuser/status/1842157660055163116) 2024-10-04T10:59Z 17.3K followers, 31.2K engagements "GloFo & TSMC both passed on NXP's offer to build a 300mm mature node fab it. $GFS saw it as undifferentiated while $TSM was - "look we're not really that interested in building trailing edge mixed-signal capacity. it's not our cup of tea going forward." $NXPI went with VIS" [X Link](https://x.com/SKundojjala/status/1844704832533434824) 2024-10-11T11:41Z 16K followers, [----] engagements "TI seemed to have passed the bottom for the cycle with sequential growth in QJun and QSep. QDec will decline [---] to -10% (seasonality) while QMar will be flat to down. TI's industrial is down for [--] straight quarters and down 30% from the peak (3Q22). China auto strength is unusual. The vibe of the earnings call seems ''let the downcycle run its course but we will crush it in the next upcycle''" [X Link](https://x.com/SKundojjala/status/1849148286101323946) 2024-10-23T17:58Z 15.9K followers, [----] engagements "Nordic Semis end markets bottomed in 1Q24 and posted sequential growth in QJun & QSep. QDec will decline -18% to-6% (seasonality). Cellular in a tough spot but Nordic earlier guided it could do $100M cellular revenue by CY26" [X Link](https://x.com/SKundojjala/status/1849357823274045880) 2024-10-24T07:50Z 15.9K followers, [----] engagements "Teradyne sees increased strength in its compute tester business from hyperscalers/vertically integrated producers (VIP). Raises VIP TAM estimate to $300M and might even revise $500M by Cy26 estimates. $TER has 50% share in this. VIP TAM is up to 30% of compute TAM" [X Link](https://x.com/SKundojjala/status/1849770321903222937) 2024-10-25T11:09Z 16K followers, [----] engagements "The memory tester TAM in [----] is expected to be35% higher then [----] peak. Expects HBM tester TAM to moderate in CY25. TER has big position with Hynix. Says other parts of the memory will see strength" [X Link](https://x.com/SKundojjala/status/1849771721911578769) 2024-10-25T11:15Z 16K followers, [----] engagements "$TER hints at Apple modem in CY25. In previous call $TER noted that would be a positive development but not a game changer for it. $TER's mobile SoC TAM came down from $2B in CY21 to $800M in CY24" [X Link](https://x.com/SKundojjala/status/1849772242928120205) 2024-10-25T11:17Z 16K followers, [----] engagements "ON Semi 3Q24: - Revenue up 3% q/q and roughly flat guidance for QDec - Strength in China EV SiC (TI posted 20% q/q growth in China recently) - Auto & industrial both weak (80% of revenue) - Capital intensity to moderate to 5% from CY25 vs 11% target - Channel inventory growing in response to mass market demand - SiC revenue will grow in CY24 low-to-mid single-digit %; will grow in CY25 - 65% utilization rate (flat q/q) - GM holding up despite low utilization rate; GM will recover with utilization rates fab consolidation SiC ramp and EFK fab transition completion - 200mm SiC yields are similar" [X Link](https://x.com/SKundojjala/status/1850906360134902102) 2024-10-28T14:23Z 15.9K followers, [----] engagements "KLA3Q24 - - Revenue grew for the 2nd straight quarter after bottoming out in QMar - QDec will grow again; QMar25 will be at a similar level of QDec24 - Sees a stable environment from the current run rates from QMar run-rate - Leading-edge logic and HBM/DDR5 drove Q3 results and will drive CY25 as well - China revenue decline to mid-30s % in Q4 from 40%+ in 3Q - China contribution will likely normalise to 30% (+/-2%) in CY25 but dollar value likely remain similar" [X Link](https://x.com/SKundojjala/status/1851885213393260824) 2024-10-31T07:13Z 15.9K followers, [----] engagements "Cirrus gets boost from an addition of week worth of seasonal ramp of new iPhones in QSep but will not have that benefit in QDec. So guide down for QDec. Apple 90% customer" [X Link](https://x.com/SKundojjala/status/1853727490998735322) 2024-11-05T09:14Z 15.9K followers, [----] engagements "GlobalFoundries 3Q24 - Revenue up 7% q/q and down -6% y/y to $1.74B - Revenue up for second straight quarter and will grow again in QDec - Wafer shipments 6% q/q and down -5% y/y to 549k - ASP flat at $2850 - 4Q24 guidance: $1.825B (at mid-point)" [X Link](https://x.com/SKundojjala/status/1853778068726518254) 2024-11-05T12:35Z 15.9K followers, [----] engagements "Microchip 3QCY24: The CEO's quote sums it up. ''This down cycle we're in has been the most prolonged and challenging down cycle I can recall during my [--] years in the industry.'' - [--] straight quarters of revenue decline through QSep; QDec will also decline - Operating margin of 29.5% well below the floor target of 40% - [---] days of inventory up [--] days q/q" [X Link](https://x.com/SKundojjala/status/1854080602590589076) 2024-11-06T08:37Z 15.9K followers, [----] engagements "- Disti inventory at [--] days which was down [--] days - Disti inventory days were [--] days during COVID-19; historic been around [--] days - Inventory dollars and days will be up again QDec - $150M capex in FY24; FY25 capex will be less than that - [--] Weeks of lead time; under shipping demand" [X Link](https://x.com/SKundojjala/status/1854080697860051268) 2024-11-06T08:37Z 15.9K followers, [----] engagements "- [--] straight quarters of IoT revenue growth through FY24 - Android handset chip revenue grew 20% y/y in FY24 - Gen AI traction across markets - PC traction across OEMs; 58+ devices planned or launched; new price point expansion with SD X Plus [--] core version - Custom CPU expansion beyond PCs into smartphones and auto - Low-to-mid single-digit unit growth in 3G/4G/5G handsets in CY24" [X Link](https://x.com/SKundojjala/status/1854410553617420771) 2024-11-07T06:28Z 15.9K followers, [---] engagements "- Guidance: $9-$9.6B QCT; $1.45-$1.65B for licensing - Expects 40% q/q sequential growth from Chinese OEMs (even without Huawei contribution) - Handset revenue will grow MSD% y/y in QDec; IoT to see 20% y/y growth and auto to remain flat q/q - Claims share gains in auto and as a result immune to on-going market weakness - Confident of prevailing in Arm lawsuit (trail is schedule for December 16th)" [X Link](https://x.com/SKundojjala/status/1854410729769849333) 2024-11-07T06:29Z 15.9K followers, [---] engagements "- Channel inventory normalization and PC/XR launches fuelled IoT growth in QSep; trends will continue in QDec - Most of the auto revenue from cockpit; ADAS will be material in the next couple of years - Content growth in flagships help ASPs" [X Link](https://x.com/SKundojjala/status/1854410787626140033) 2024-11-07T06:29Z 15.9K followers, [---] engagements "- 5X higher premium tier revenue vs competitor - Do not see inventory in flagships - China sequential increase in QDec is not related to stockpile per Qualocmm - No change in Apple modem assumptions; 20% share assumption in [--] launch" [X Link](https://x.com/SKundojjala/status/1854410835072000112) 2024-11-07T06:29Z 15.9K followers, [---] engagements "Apple Samsung and Xiaomi accounted for 22% 19% and 12% of FY24 revenue (my interpretation)" [X Link](https://x.com/SKundojjala/status/1854411143185662116) 2024-11-07T06:30Z 15.9K followers, [----] engagements "Summary - Chipset division on fire with growth across iOS and Android; Auto and IoT growth - Despite MediaTek competition QCOM is gaining traction in premium tier - Auto share gains - Licensing QDec stronger - Confident of prevailing in Arm lawsuit" [X Link](https://x.com/SKundojjala/status/1854412023649718564) 2024-11-07T06:34Z 15.9K followers, [----] engagements "Infineon QSep24: - QSep revenue was up 6% q/q and down -6% y/y to E3.9B - All end markets up q/q - QDec will be down by -18% to E3.2B - Backlog down to E19B in QSep from E22B in QJun - E650M SiC revenue in FY24; will grow LDD% in FY25" [X Link](https://x.com/SKundojjala/status/1856284383852015658) 2024-11-12T10:34Z 15.9K followers, [----] engagements "Skyworks QSep24: - Revenue up for third straight quarter; up 13% q/q and down 16% y/y QDec will grow 4% q/q - Apple 69% of revenue up 21% q/q; Seasonal ramps; will grow 5-10% in QDec - $75M revenue from Android in QSep; 50% Google; 30-40% Samsung; China 10% - Mobile was 65% revenue and up 21% q/q" [X Link](https://x.com/SKundojjala/status/1856658958607601781) 2024-11-13T11:22Z 15.9K followers, [----] engagements "- Broad markets inventory issues in auto industrial networking and infra markets persist but was up slightly q/q - QDec guidance was less than expected [--] months ago due to Broad markets weakness - Mobile and broad markets both grew q/q and will grow again in QDec - Broad markets will grow into QMar" [X Link](https://x.com/SKundojjala/status/1856659000349340031) 2024-11-13T11:22Z 15.9K followers, [---] engagements "Chinese semiconductor foundries SMIC and Hua Hong are outgrowing their global mature node peers GloFo and UMC in terms of capacity growth by a big margin. Hua Hong and SMIC grew their capacity by 14-15% while UMC and GloFo grew 6-7%. This year SMIC and Hua Hong will spend $10B capex while UMC and GloFo will spend $4B. https://twitter.com/i/web/status/1864006435488829571 https://twitter.com/i/web/status/1864006435488829571" [X Link](https://x.com/SKundojjala/status/1864006435488829571) 2024-12-03T17:59Z 16.5K followers, 14.1K engagements "Unlike TI Analog Devices doesn't see it investing in 300mm fabs. ADI has much lower volume vs TI but has better pricing. 50% of ADI wafer volume is from external foundries. TSMC is a key foundry partner for ADI. When TSMC's Japan fab comes online 95% of ADI volume can be built outside China & Taiwan but ADI likely stay with Taiwan-based ecosystem" [X Link](https://x.com/SKundojjala/status/1866521195384119471) 2024-12-10T16:31Z 13.8K followers, [----] engagements "Lam Research a key enabler of 3D NAND stack recently reiterated its opportunity in CY25 even as there is not much greenfield capacity investments in NAND. Lam has about [----] high aspect ratio etch chamber installed base. Also 2/3rds of industry capacity is at sub-200 layer. While Micron recently cut its NAND capex for FY25 it will likely spend on 2xx/2yy layer upgrades" [X Link](https://x.com/SKundojjala/status/1871257308287889408) 2024-12-23T18:11Z 12.4K followers, [----] engagements "Apple and Samsung accounted for 41% of Qualcomm's revenue in FY24 down from 48% in FY23. Apple revenue declined -11% while Samsung declined -2%. Apple revenue decline is a surprise especially FY24 was an extension year for Apple and Qualcomm had an upper hand. iPhone units up too" [X Link](https://x.com/SKundojjala/status/1874125324897968566) 2024-12-31T16:07Z 15.8K followers, 18.4K engagements "Apple modem is less profitable for Qualcomm compared to Android business despite the size of the business. Around $9B Apple revenue with 2/3rds from chipset. Qualcomm earns up to 5x ASP on Snapdragon [--] Series compared to Apple modems" [X Link](https://x.com/SKundojjala/status/1878130316495466916) 2025-01-11T17:22Z 12.8K followers, [----] engagements "Mild growth in smartphone and PC in CY25. Most of the 20% growth CAGR for TSMC driven by AI content in smartphones/PC in addition to DC" [X Link](https://x.com/SKundojjala/status/1879780802554470596) 2025-01-16T06:40Z 16K followers, [----] engagements "TSMC AI definition includes server CPU/GPU/ASIC/HBM controller (used for training/inference). No edge AI included. High volume HBM die contribution will take [--] year" [X Link](https://x.com/SKundojjala/status/1879781238661353680) 2025-01-16T06:42Z 16K followers, [----] engagements "SK Hynix 4Q24 - Revenue up 12% q/q and 75% y/y to $14.1B+ driven by HBM and eSSD; PC and smartphone weak - Record revenue and operating profit in Cy24 - HBM 40%+ of DRAM in 4Q24 up from 30%+ in 3Q24; CY24 HBM sales grew 4.5x in [--] - CY25 HBM sales to grow 2x" [X Link](https://x.com/anyuser/status/1882355527445033155) 2025-01-23T09:11Z 17.3K followers, 11.9K engagements "SK Hynix's capex grew 80%+ to $11.5B+ in CY24 but capital intensity remained around 25% vs '23. CY25 capex will increase slightly. Most of the capex is dedicated to HBM and infra. Hynix's HBM revenue alone in '25 will be higher than its total DRAM revenue in '23. A tiny portion of capex is NAND which has shown a slow pace of recovery so far. It would be interesting to see what Samsung WDC LAM TEL AMAT and others say about NAND recovery in '25. Suppliers are taking a rational approach with Hynix and Micron predicting mid-teens % or low DD % bit demand growth in CY25" [X Link](https://x.com/SKundojjala/status/1883540123054465121) 2025-01-26T15:38Z 12.6K followers, [----] engagements "- DD% growth expectations for SiC in CY25 - China auto revenue up 10% q/q to all-time high; China strength consistent with other auto & industrial semis - Says China auto revenue pull-in due to tariffs is minor and most of the demand is native to China" [X Link](https://x.com/SKundojjala/status/1886716296630571135) 2025-02-04T09:59Z 15.9K followers, [----] engagements "- 1B capacity idle costs in FY25 (1H weighted); QMar to be the bottom - AI server revenue revised by [---] to E600M for FY25; E1B in [--] years - Backlog remains at 20B in QDec" [X Link](https://x.com/SKundojjala/status/1886716328427590086) 2025-02-04T10:00Z 15.9K followers, [----] engagements "Tokyo Electron QDec24 - QDec revenue up 16% q/q; QMar will decline 5% q/q - SPE revenue up 23% q/q - No slowdown in China revenue unlike peers; 43% revenue from China in QDec up from 41% in QSep - Cryo etch POR (process of record)" [X Link](https://x.com/SKundojjala/status/1887440298701431180) 2025-02-06T09:56Z 15.9K followers, [----] engagements "Renesas QDec 24: Revenue down -12% q/q & -19% y/y to $1.96B. Probably an exception when it comes to CY24 auto chip growth. Most of its peers reported weakness. Fab utilization trended down again (35%). Deep industrial correction continue. Retrenchment from IGBT due to Chinese competition" [X Link](https://x.com/SKundojjala/status/1887473970691383538) 2025-02-06T12:10Z 15.9K followers, [----] engagements "Arm's v9 royalty revenue % stalled at 25% for the [--] straight quarters. But absolute incremental revenue moved forward. Qualcomm's adoption of v8 for flagship PC/smartphone chips affected v9 penetration but v8 revenue grew by $30M+ for Arm in QDec. The v8 increment at this stage is likely driven by Qualcomm" [X Link](https://x.com/SKundojjala/status/1888537555098030412) 2025-02-09T10:36Z 15.9K followers, [----] engagements "SMIC 4Q24: - 7th straight quarter of q/q growth; Revenue up 2% q/q and 32% y/y to $2.2B (first $2B quarter); QMar will also grow - Wafer shipments (300mm): 885k (-6% q/q) - Wafer ASP: $2306 (+6% q/q) - CY24 cape: $7.3B - CY25 Capex: roughly flat y/y - Utilization: 85%" [X Link](https://x.com/SKundojjala/status/1889333729363198347) 2025-02-11T15:20Z 13.5K followers, [----] engagements "SanDisk expects NAND bit demand to grow at mid-to-high teens % long term while its capital intensity to be mid-teens %. Argues NAND is not constrained by demand but by cost reductions. NAND pricing and supply poised for inflection in 2HC25 as SanDisk expects LDD% ASP growth in 2H. 540k wafer starts per month with Kioxia JV. Access to 40% capacity. [--] Fabs. 90%+ tool reuse from node to node" [X Link](https://x.com/SKundojjala/status/1889665032478400531) 2025-02-12T13:17Z 12.4K followers, [----] engagements "NAND WFE capex to grow steadily from the low base of [----]. SanDisk is conservative as usual here vs Lam and TEL. NAND has demand unlike other segments but profitability remains low" [X Link](https://x.com/SKundojjala/status/1889666061122879525) 2025-02-12T13:21Z 12.4K followers, [----] engagements "Micron despite near term margin pressure due to NAND and higher consumer mix banks on 2H recovery in units content and inventory depletion. MU reduced NAND wafer starts by mid-teens % already. SanDisk also gave positive signals about NAND in 2HC25 as suppliers take rational approach to bit supply" [X Link](https://x.com/SKundojjala/status/1889943947713323414) 2025-02-13T07:45Z 12.4K followers, [----] engagements "Camtek a key player in advanced packaging equipment notes HBM type of memory (LLW DRAM) for smartphones is [----] and beyond story" [X Link](https://x.com/SKundojjala/status/1889945991773823336) 2025-02-13T07:53Z 12.9K followers, [----] engagements "AMAT QJan25 - Semi Systems revenue up 3% q/q & 9% y/y to $5.3B; QApr will be roughly flat; avourable mix leading edge (LE) logic and value pricing drove GM to 48.9%; Foundry logic and NAND up y/y and DRAM down - Reduced contribution from China affected DRAM and ICAPS; ICAPS flat q/q and down y/y - China revenue portion to be down to 26% QApr from 31% in QJan; below normalised China revenue of 30%" [X Link](https://x.com/SKundojjala/status/1890338009243136145) 2025-02-14T09:51Z 12.5K followers, [----] engagements "Tokyo Electron sees WFE flat at $110B in CY25 and double-digit growth for CY26. In CY25 foundry/logic to decline 10-20% while memory to see growth. Leading-edge logic to be flat. China WFE to decline. Maintains NAND to double and DRAM to grow 10-20% in CY25 y/y. China revenue to drop to mid-30s %. In CY26 TEL expects all three segments to grow. NAND to account for 10% of WFE in CY26 flat vs CY25 (in line with DD % overall market growth)" [X Link](https://x.com/SKundojjala/status/1890741000995536964) 2025-02-15T12:32Z 12.5K followers, [----] engagements "In [----] the semiconductor foundry industry added $22B+ incremental revenue. Of that TSMC alone added around $21B. SMIC is another company that added $1.7B in incremental revenue. Intel and GlobalFoundries each shaved off over half a billion dollar in revenue in CY24" [X Link](https://x.com/anyuser/status/1891552486776856600) 2025-02-17T18:17Z 17.3K followers, 11.3K engagements "Sumco a raw wafer maker says 200mm wafer demand in China virtually dried up for it as local Chinese companies replace it. Also acknowledges China's progress in 3D NAND. China is 10% of Sumco sales and Sumco's strength in leading-edge outside China offsets China weakness. Sumco has been flagging China for a while" [X Link](https://x.com/anyuser/status/1891826152479842319) 2025-02-18T12:24Z 17.3K followers, 43.9K engagements "Cadence and Synopsys both saw their China revenue decelerate in FY24. Cadence's China revenue declined $100M y/y while non-China revenue grew $650M. Cadence attributed the decline to macro and weak hardware sales while Synopsys noted shrinking pool of customer base in China due to restrictions. Synopsys is faring better with China revenue growing in line with the corporate average in FY24 and FY25" [X Link](https://x.com/SKundojjala/status/1892161408953135220) 2025-02-19T10:36Z 16.1K followers, 10.2K engagements "- Focused on 3D inflections across NAND DRAM and logic to drive SAM share gains; increased etch and deposition intensity will drive Lams SAM - WFE market to grow mid to high single digit % and Lams guidance impliesit will grow at 2x the rate of WFE (equipment revenue) - Memory will be 1/3rd of WFE with higher mix of DRAM; Lam is rational about NAND WFE growth" [X Link](https://x.com/SKundojjala/status/1892507546172408004) 2025-02-20T09:32Z 12.6K followers, [---] engagements "- DRAM transitions to 4F2 and 3D could generate 1.7x SAM per wafer (1b to 3D); sees 3D DRAM transition outside this decade; sees Cryo etch in the DRAM space as well in addition to NAND - Leading-edge logic inflections GAA/BSPDN/CFET to drive 2x SAM per wafer for Lam (5nm to CFET)" [X Link](https://x.com/SKundojjala/status/1892507946669531136) 2025-02-20T09:33Z 12.6K followers, [----] engagements "- Foundry/logic revenue saw 49% CAR in the last [--] years; ALD/ALE selective etch copper plating and surface preparation opportunities in Foundry/logic - [--] new tools: Akara conductor etch (DRAM and foundry/logic); Altus Halo: Moly deposition tool (NAND DRAM and logic) - China will become a smaller percentage of WFE and Lam revenue per Lam; most of the growth to come from non-China leading-edge" [X Link](https://x.com/SKundojjala/status/1892508162084995397) 2025-02-20T09:34Z 12.6K followers, [----] engagements "The semiconductor foundry industry will grow by mid to high teens in CY25. TSMC will capture 88% of incremental revenue. TSMC will grow by 25% while the rest of the industry will grow by mid-to-high single digit percentage. Will be a mixed year for mature node companies with non-AI revenue well below the previous peak" [X Link](https://x.com/SKundojjala/status/1892875125600768348) 2025-02-21T09:52Z 12.6K followers, 11.4K engagements "ASMI 4Q24 - 5th straight quarter of q/q growth; QMar and QJun will grow as well; Revenue up 4% q/q and 28% y/y to 809M driven by leading edge foundry/logic - Gross margin hits 50% (2nd time in CY24) - New orders down 10% q/q to 731M; strength in GAA and HBM offset by weak China and power/analog/wafer/SiC - QMar revenue will grow 3% q/q to 830M at the mid-point of the guidance; QJun will grow as well" [X Link](https://x.com/SKundojjala/status/1894686004247970253) 2025-02-26T09:48Z 16K followers, [----] engagements "Synopsys noted its China revenue will grow below corporate average in FY25 vs prior indication of in line with corporate average. Says export controls and China economy drivers behind this. China contribution dropped to 12% in QJan25 from 16% in QOct24. Cadence also flagged this earlier" [X Link](https://x.com/SKundojjala/status/1895080161005183439) 2025-02-27T11:54Z 16.1K followers, [----] engagements "While GlobalFoundries is building redundant capacity across locations it is open to licensing its process tech to a Chinese partner to meet customers' China for China demands. GloFo's customers Infineon NXP and STMicro are working with Hua Hong and SMIC. STM even transferred its 40nm eNVM process tech to Hua Hong (aside from SiC JV with Sanan)" [X Link](https://x.com/SKundojjala/status/1899149292600008819) 2025-03-10T17:24Z 16.2K followers, [----] engagements "Cadence and Synopsys together had around $7.4B core EDA revenue up 7% y/y. Around 65-70% of their revenue comes from core EDA. Their revenue growth is tied up with chip companies' R&D spent (up to 13% of budget). Synopsys' EDA revenue grew 16% CAGR between [----] and [----] while Cadence posted 13%. Both issued double-digit growth guidance for FY25. Cadence is strong in analog and hardware emulation areas while Synopsys is strong in digital. Both have intensified their AI effort to capture more R&D dollars from chip (system and traditional semi) companies" [X Link](https://x.com/SKundojjala/status/1905673749430763526) 2025-03-28T17:30Z 16.1K followers, [----] engagements "TSMC 1Q25 vs 1Q24 Revenue: $25.526B (+35%) Gross Margin: 58.8% (53.1%) Operating Margin: 48.5% (42%) CapEx: $10.1B (+74%) Wafer Shipments: [-----] m (+8%) Wafer ASP: $6806 (+25%)" [X Link](https://x.com/SKundojjala/status/1912744146369978456) 2025-04-17T05:45Z 16K followers, 13.2K engagements "Intel's IMS mask writing equipment business is on half a billion dollar revenue run-rate based on its latest revenue reclassification. IMS is in 'All Other' now. Also around 45% of NEX business moved CCG and the rest to DCAI based n new reorganization" [X Link](https://x.com/SKundojjala/status/1916193108813090879) 2025-04-26T18:10Z 15.9K followers, [----] engagements "Qorvo QMar25 - Revenue down -8% q/q and -5% y/y to $869M; QJun will decline -11% q/q - Apple revenue grew 25% in FY25; Apple 47% and Samsung 10% in FY25 Secured 10% content growth in iPhone [--] cycles; sole sourced ET PMIC in Apple baseband platforms;" [X Link](https://x.com/SKundojjala/status/1917528823614017956) 2025-04-30T10:37Z 15.9K followers, 10.1K engagements "Tokyo Electron QMar25 - QMar revenue up 20% q/q; 47.4% GM; FY26 revenue will grow 7% y/y - SPE revenue down 1% q/q; SPE to grow at 5% (will underperform vs Lam) - Healthy China revenue; 44% revenue from China in QMar down from 43% in QDec" [X Link](https://x.com/SKundojjala/status/1917530673155330200) 2025-04-30T10:45Z 15.9K followers, [----] engagements "- Client down by 1% q/q to $2.6B; desktop traction; richer NB mix; units down by DD % q/q but revenue flat; AI PC revenue up 50%+ q/q - Claims revenue share gains in Client - Client above seasonal in 1Q and will be the case in 2Q; insists not much pull-in; 2H sub-seasonal" [X Link](https://x.com/SKundojjala/status/1920064661611033005) 2025-05-07T10:34Z 16.7K followers, [----] engagements "- Maintains strong DD % growth in CY25 growth expectations - In QJun Client & Gaming to grow DD % Embedded to stay flat and DC to decline - Gaming up 15% q/q to $647M; semi-custom up and will grow y/y in CY25 - Embedded down -11% q/q to $823M; will be flat q/q in 2Q; 2H will return to y/y growth https://twitter.com/i/web/status/1920064835448082483 https://twitter.com/i/web/status/1920064835448082483" [X Link](https://x.com/SKundojjala/status/1920064835448082483) 2025-05-07T10:35Z 16.7K followers, [----] engagements "Infineon QMar25 - Revenue up 5% q/q and dow -1% y/y to 3.59B; Reached the bottom in QDec; QJun will grow 3% q/q - FY25 revenue forecast revised to slightly down y/y (vs prior flat/slightly up) - Auto customer pull-ins to affect FY25; 10% revenue impact from tariffs in 4QFY25" [X Link](https://x.com/SKundojjala/status/1920430148140056735) 2025-05-08T10:46Z 15.9K followers, [----] engagements "SMIC 1Q25 - Revenue up 2% q/q and 28% y/y to $2.25B (below the guidance of 6-8% growth); blames fab production fluctuations in the latter part of 1Q - Wafer shipments (300mm equivalent): 1019k (up 15% q/q ) - Wafer ASP: $2051 (-11% q/q) - Utilization rate: 89.6% (vs 85.5% in 4Q24) - CY25 CapEx is expected to be similar to CY24 ($7B+) https://twitter.com/i/web/status/1920785266975142116 https://twitter.com/i/web/status/1920785266975142116" [X Link](https://x.com/SKundojjala/status/1920785266975142116) 2025-05-09T10:17Z 16.8K followers, [----] engagements "Xiaomi surfaced as a 10%+ customer at both Qualcomm and MediaTek in CY24. Both have three 10%+ customers (all mobile). On the supply side MediaTek contributed 4%+ revenue to TSMC" [X Link](https://x.com/SKundojjala/status/1921511657542431180) 2025-05-11T10:24Z 15.8K followers, 17.4K engagements "Qualcomm's Cristiano thinks Xiaomi chip is targeted at people who want to have a domestic chip in China and its business with Xiaomi will likely increase. Also suggests Xiaomi relationship will evolve like Samsung and other supplier (MediaTek) will likely lose. (comments the Bernstein conference)" [X Link](https://x.com/SKundojjala/status/1928746580846457028) 2025-05-31T09:33Z 16.1K followers, 26.1K engagements "NXP has 36% China exposure. Half domestic and half multinationals. Of the half 1/3rd is supported by domestic fabs including TSMC Nanjing Hua Hong and SMIC (China for China). NXP outsources 60% of its wafers to 3rd party foundries and build the rest in-house. No 300mm in-house fab but partnership with VIS on 300mm will drive its gross margins by 200bps. https://twitter.com/i/web/status/1929235893094875626 https://twitter.com/i/web/status/1929235893094875626" [X Link](https://x.com/SKundojjala/status/1929235893094875626) 2025-06-01T17:57Z 16.8K followers, [----] engagements "Google is now one of the top customers for Samsung. Between Pixel components (foundry modem RF CIS display etc.) and HBM Google has become a top customer. Also this shows the foundry revenue drop from the likes of Qualcomm" [X Link](https://x.com/SKundojjala/status/1933452582380528015) 2025-06-13T09:13Z 16.1K followers, [----] engagements "Renesas targets $1-$1.5B revenue from its software by [----] driven by Altium acquisition. Altium offers PCB EDA software. Unlike traditional PCB EDA companies (Mentor and cadence) Renesas plans to leverage this to offer a cloud platform for board designers to promote its components like MCU PMIC and SoCs" [X Link](https://x.com/SKundojjala/status/1940071027494854716) 2025-07-01T15:32Z 15.5K followers, [----] engagements "Soitec insists Apple modem creates it an opportunity though lost Qualcomm's share in iPhones drop to 70% in this year's launch. QCOM Soitec content include FD-SOI mmWave RF front-end and envelop trackers. Soitec's new POI reached $100M revenue in FY25 and used in RF filters in iPhone 16e. Some interesting things are happening on the RF side of Apple with the introduction of Apple modem" [X Link](https://x.com/SKundojjala/status/1940809770270970366) 2025-07-03T16:28Z 15.5K followers, [----] engagements "TSMC 2Q25; Beats the high-end of rev guidance despite FX impact GM close to high-end of the guidance and OPM high-end guidance. 2Q25 vs 2Q24 Revenue: $30.070B (+44%) Gross Margin: 58.6% (53.2%) Operating Margin: 49.6% (42.5%) CapEx: $9.6B (+51%) Wafer Shipments: [-----] m (+19%) Wafer ASP: $7027 (+21%) https://twitter.com/i/web/status/1945722912365006943 https://twitter.com/i/web/status/1945722912365006943" [X Link](https://x.com/anyuser/status/1945722912365006943) 2025-07-17T05:51Z 17.3K followers, 27.4K engagements "ASMI 2Q25 - [--] straight quarter of y/y growth; [--] quarter q/q streaks ends; QSep will grow -5% to 0%; 80%+ of revenue in USD; 2H to be flat vs 1H - New orders down 16% q/q to 703M - Lower leading-edge foundry/logic orders in 2Q but expects to pick up in 3Q; China booking to trend lower in 3Q - Backlog shrunk by -15% in 2Q and book-to-bill was 0.8" [X Link](https://x.com/SKundojjala/status/1947961848508322170) 2025-07-23T10:07Z 15.9K followers, [----] engagements "- Revenue down -0.4% q/q and up 18% y/y to 836M driven by 2nm GAA HBM and China; 51.4% GM (down [---] bps q/q); China mix helped to keep GM healthy - Maintains 10-20% y/y growth at constant currencies in CY25 implying 3.2-3.5B (slightly reduced high-end guidance vs prior 3.6B); noted last quarter low-end secured - Maintains GM target of 46-50% for CY25" [X Link](https://x.com/SKundojjala/status/1947962014930014618) 2025-07-23T10:08Z 15.9K followers, [---] engagements "Cadence QJun25 - Revenue up 3% q/q and 20% y/y to $1.275B; QSep will grow by 2-5% q/q and QDec will grow by 8%+ q/q; FY25 guidance raised by $50M (+13% y/y) - China outlook upgraded to slight growth from flat for FY25 - China revenue 9% down from 11% in QMar; China will trend lower longer term as rest of the world outperforms; adjustments in China backlog https://twitter.com/i/web/status/1950170649479303396 https://twitter.com/i/web/status/1950170649479303396" [X Link](https://x.com/SKundojjala/status/1950170649479303396) 2025-07-29T12:24Z 16.5K followers, [----] engagements "UMC 2Q25 - Revenue up 15% q/q and 15% y/y to $2B - Wafer shipments up 6% q/q to 967k - Wafer ASP up 8% to $1971 - CY25 Capex remains unchanged at $1.8B (-61% y/y) - Utilization rate [--] percentage points q/q to 76% - 55% rev from 28nm/40nm vs 45% year ago" [X Link](https://x.com/SKundojjala/status/1950480698206285930) 2025-07-30T08:56Z 15.8K followers, [----] engagements "- Intel 12nm collaboration on track; 1st PDK in Jun-26 for 1st wave customers - Every 1% appreciation of TWD affects 0.4-0.5 percentage points of GM - CY25 UMC growth will be slightly better than addressable market growth" [X Link](https://x.com/SKundojjala/status/1950491066987425863) 2025-07-30T09:38Z 15.8K followers, [----] engagements "- Auto & industrial inventory still high - FinFET high voltage solution on roadmap - near-term 22nm/28nm growth mainly from comms/computing; from '26 more diverse applications; above corp avg utilization - 12i Singapore fab on track for '26" [X Link](https://x.com/SKundojjala/status/1950491101401653670) 2025-07-30T09:38Z 15.8K followers, [----] engagements "Qualcomm QJun25 - Semi revenue down -5% q/q and up 12% y/y to $9B; Handset auto and IoT up y/y for 4th straight quarter - In advanced discussions with an hyperscaler on DC chip supply; revenue from FY28 (starts in Oct 27) if all goes well - Handset below expectations due to weaker mix while auto and IoT above expectations" [X Link](https://x.com/SKundojjala/status/1950906608218726625) 2025-07-31T13:09Z 15.9K followers, 28.2K engagements "- Specifically calls AR1 platform as driver behind IoT outperformance - QCT will grow 4% q/q with 27-29% EBT in QSep - Handsets to grow 5% q/q; IoT to be flat and auto to cross the $1B mark in QSep - No evidence of pull ins from Chinese OEMs" [X Link](https://x.com/SKundojjala/status/1950906877291769975) 2025-07-31T13:10Z 15.9K followers, [---] engagements "- New 2nm smartphone chip announcement at the end of Sep; high interest Xiaomi will be the first OEM with 2nm Snapdragon chip - Even without Apple sees very strong QDec - Sees 75% share in Samsung flagships as the baseline for it - Android handset business up 10% y/y in FY25" [X Link](https://x.com/SKundojjala/status/1950907051447894507) 2025-07-31T13:11Z 15.9K followers, [----] engagements "Arm QJun25 - Revenue down -15% q/q and up 12% y/y to $1.053B at 97.2% GM; 2nd straight $1B and 2nd highest ever quarter - Claims 50% of CPU share in top hyperscalers in CY25 vs 18% last year; can grow beyond that - Royalty driven by v9 CSS and DC - GPU IP commitment from a smartphone OEM through [----] https://twitter.com/i/web/status/1950907947808071995 https://twitter.com/i/web/status/1950907947808071995" [X Link](https://x.com/SKundojjala/status/1950907947808071995) 2025-07-31T13:14Z 16.7K followers, [----] engagements "KLA QJun25 - Revenue up 4% q/q and 24% y/y to $3.175B at 63.2% GM (both above the mid pt guidance) - Leading-edge logic HBM advanced packaging (AP) key drivers - Raises AP guidance for CY25 to $925M up from $850M; 3rd upward revision this yr - Maintains China to be 30% of CY25 revenue down from 41% in CY24" [X Link](https://x.com/SKundojjala/status/1951223107085279271) 2025-08-01T10:06Z 16K followers, [----] engagements "WFE spent on advanced packaging from leading-edge logic customers grew 6x from 1% in [----] per Lam Research driven by AI. Mobile AP and PC CPUs will add to it" [X Link](https://x.com/SKundojjala/status/1951977884752498807) 2025-08-03T12:06Z 15.9K followers, [----] engagements "Microchip QMar25 - Turns the corner with first sequential growth [--] quarters. Revenue up 11% q/q (vs 8% guidance) and down 13.4% y/y to $1.075B; QSep will grow q/q too. QDec and QMar will be above seasonal - All regions up q/q and both business segments (MCU and analog) up q/q in QJun - 54.3% GM; ex-inventory write-offs and underutilization GM would have been 66.3% - In QDec internal utilization will see uptick" [X Link](https://x.com/SKundojjala/status/1953762359924703689) 2025-08-08T10:17Z 16.2K followers, [----] engagements "KLA sees leading-edge momentum continuing into [----]. DRAM/HBM investment to continue. China normalization and non-China mature node stable. Advanced packaging (AP) will grow as well. An area of strength for KLA as it revised its AP revenue [--] times already this year to $925M (3x vs 2023). KLA will outperform [----] WFE growth of MSD%. AP overall WFE is now $10B. Earlier in earnings call KLA noted it can hit $14B revenue target without needing the $125B WFE market" [X Link](https://x.com/SKundojjala/status/1966454614741619134) 2025-09-12T10:51Z 16K followers, 15.1K engagements "Analog Devices has a growing presence in AI/DC with its content in HBM testers and vertical power. Its AI revenue will grow from $400M in FY24 to $500-$600M in FY25. Claims to have hundreds of thousands of dollars content per tester. Two new wins in vertical power and optical switching in FY26 could add $100M at full run-rate. https://twitter.com/i/web/status/1968313105563177157 https://twitter.com/i/web/status/1968313105563177157" [X Link](https://x.com/SKundojjala/status/1968313105563177157) 2025-09-17T13:56Z 16.5K followers, [----] engagements "ASMI has a forecast of $155B WFE by [----]. The company counters the argument of equipment reuse from node to node reducing WFE TAM in future. TSMC is known for reuse and Intel noted it will do too. Despite some reuse ASMI sees new architectures such as BSPDN (more process steps) and new materials driving new equipment" [X Link](https://x.com/SKundojjala/status/1971520756967436793) 2025-09-26T10:22Z 15.7K followers, [----] engagements "Nanya 3Q25 - Continued DDR4 supply constraints drove mid-20s % q/q bit shipment growth - Revenue up 83% q/q and 158% y/y to $660M (in USD terms); [----] percentage points of GM improvement q/q - QDec bit shipments will be at the same levels QSep with potential for slight q/q growth - DDR4 and LPDDR4 will continue to be major products for a longer duration - 8GB DDR4 is a sweet spot for many consumer applications; consumer 60% of revenue - Y/Y bit shipment growth in [----] will be challenging due to high [----] baseline" [X Link](https://x.com/SKundojjala/status/1977690794136854711) 2025-10-13T11:00Z 15.9K followers, [----] engagements "- CY26 monthly bit shipments are expected to stay within a range of plus or minus 10% of the current high point - CY25 bit shipment guidance lifted to 50% from 40% in QSep (3rd upward revision this yr). - CY25 Capex guidance reduced by 18% for CY25 (vs QJun guidance) - CY26 capex to remain low; wafer capacity to remain similar to CY25 (65k wafers/month). - No major capacity increase until the new fab is ready in 2027; Equipment installation is planned to happen from 2Q27 for a new fab" [X Link](https://x.com/SKundojjala/status/1977690911867085133) 2025-10-13T11:00Z 15.6K followers, [----] engagements "ASML exited 2QC25 with 33B backlog and already secured full coverage for DUV and EUV for CY25. 58% of backlog stretches into CY26 and beyond and covers 75%+ of CY26 system revenue (assuming flat y/y). Assuming they hit 3.1B order on average for the next [--] quarters CY26 growth possible (barring any cancellations). Trends are positive with TSMC going full speed on N2 ramp Intel talking about 18A capacity additions and Samsung Taylor fab kicking off. Memory is firing as well" [X Link](https://x.com/anyuser/status/1978045922916368549) 2025-10-14T10:31Z 17.3K followers, 29K engagements "ASML 3Q25 - Revenue down -2% q/q & up 1% y/y to 7.52B (below mid pt guidance); CY25 on track for 15% growth - Implied CY26 will be flat to up; 32-33B backlog exiting 3Q25; Near 100% coverage for CY26 (at flat growth) - Net bookings down -3% q/q but up 103% y/y to 5.4B; EUV booking up 57% q/q; DUV down -44%; Memory up 186% q/q" [X Link](https://x.com/anyuser/status/1978341853511499972) 2025-10-15T06:07Z 17.3K followers, 58.8K engagements "- EUV revenue down -21% q/q while DUV up 15% - EUV ASP down -4% q/q to 235M - EUV system shipments down by [--] to [--] - [--] HNA rev rec in 3Q25 - Non-China DUV up 34% q/q" [X Link](https://x.com/SKundojjala/status/1978342083409699014) 2025-10-15T06:08Z 15.6K followers, [----] engagements "- 51.6% GM vs 50-52% guidance likely driven by higher mix of 3800; - 4Q25 revenue will grow 26% q/q & 3% y/y to 9.5B (mid pt); GM: 51-53% - CY25: 32.5B rev (mid-pt of guidance) at 52% GM; CY26 will be flat to up; trends looking positive - CY30 guidance of 44-60B at 56-60% GM remains intact" [X Link](https://x.com/SKundojjala/status/1978342346421862609) 2025-10-15T06:09Z 15.6K followers, [----] engagements "TSMC 3Q25: Revenue GM and OPM high-end guidance. 3Q25 vs 3Q24:Revenue: $33.09B (+10% q/q & +41% y/y) Gross Margin: 59.5% (57.8%) Operating Margin: 50.6% (47.5%) CapEx: $9.7B (+51%) Wafer Shipments: [-----] m (+22%) Wafer ASP: $7040 (+15%)" [X Link](https://x.com/anyuser/status/1978700473545753079) 2025-10-16T05:52Z 17.3K followers, 19.3K engagements "All end markets up DD% q/q. Smartphones drove $1.8B incremental rev while HPC drove almost $0.8B. Smartphone drove 60% of incremental rev and up 14% q/q and 18% y/y. Auto all-time-high for the 3nd straight quarter" [X Link](https://x.com/SKundojjala/status/1978701567864737796) 2025-10-16T05:56Z 15.6K followers, [----] engagements "Overseas GM dilution 2% in 2H25; for CY25 1-2% dilution vs prior 2-4%. 2-3% in early stage and 3-4% in later stages" [X Link](https://x.com/SKundojjala/status/1978705109736440115) 2025-10-16T06:10Z 15.5K followers, [---] engagements "AI demand remains strong. CY25 capex $40-$42B vs prior $38-$42B. 70% on advanced nodes 10-20% speciality 10-20% advanced packaging testing mask making and others" [X Link](https://x.com/SKundojjala/status/1978705505783587177) 2025-10-16T06:12Z 15.5K followers, [---] engagements "Advanced packaging now approaching 10% of total revenue. On Intel foundry competition says it's a good customer for leading-edge" [X Link](https://x.com/SKundojjala/status/1978718302768640053) 2025-10-16T07:03Z 15.5K followers, [---] engagements "Summary - Revenue/GM/OPM all above guidance for Q3; Q4 guidance better than expected - Gross margin strength is commendable despite multiple headwinds - Raises CY25 revenue guidance to mid-30s - Raises CY25 capex windows to 40-42B vs 38-42B" [X Link](https://x.com/SKundojjala/status/1978718926268760223) 2025-10-16T07:05Z 15.5K followers, [----] engagements "TSMC's N3 (3nm) is on track to outperform N5 and N7 in terms of first [--] years of cumulative revenue. N3 will have 45% higher vs N5 while N5 had 21% higher vs N7. Despite N3 outperformance it remains to be seen whether it can beat N5 revenue peak (this year)" [X Link](https://x.com/anyuser/status/1979213381656605029) 2025-10-17T15:50Z 17.3K followers, 10K engagements "While ASML says bookings are not a good proxy for next year revenue there are some trends. [----] revenue is probably locked by bookings from mid [----] to mid [----] and plus some carry overs. With lead time of 12-18 months 6Q lag between revenue and bookings have better correlation than 4Q lag. Recent quarter trends point to a narrowed gap between [--] quarter and [--] quarter lag meaning shorter order to revenue" [X Link](https://x.com/SKundojjala/status/1979593478574072108) 2025-10-18T17:00Z 15.6K followers, [----] engagements "Lam QSep25 - Accelerated NAND upgrades CY25 WFE upgrade solid set up for CY26 China pop up in 3Q but will decelerate in '26 $8B WFE for incremental $100B DC AI spent - Revenue up 3% q/q and 28% y/y to $5.3B at 50.6% GM - 4Q guidance better than expected; prior expectation was 2H even with 1H but now 2H will grow 6%+; driven by DRAM strength" [X Link](https://x.com/SKundojjala/status/1981364021489258760) 2025-10-23T14:16Z 15.7K followers, [----] engagements "- Upgrades CY25 WFE estimate again; better than $105B - NAND trending better than expected in CY25 - Solid set up for CY26 WFE with growth across DRAM NAND and Foundry/Logic; China decline will be offset by growth in non-China - 2H261H26 with 1H26 to be flat to up vs 2H25 - China new restrictions impact: $200M impact in QDec25 and $600M in CY26; similar to AMAT guidance - China will be 30% of revenue in CY26 from" [X Link](https://x.com/SKundojjala/status/1981364080448594134) 2025-10-23T14:16Z 15.7K followers, [----] engagements "Qorvo-Skyworks merger. Unexpected one. Diversification beyond mobile play while consolidating mobile dominance. $7.7B combined revenue. 2/3rd mobile. 55% Apple exposure. SD % China Android exposure. Confident of customer/regulatory approvals (1Q27 closure). Key competitor QCOM stopped disclosing its RF front-end revenue. Broadcom still in the RFFE game despite losing Apple Wi-Fi socket" [X Link](https://x.com/SKundojjala/status/1983150700407189722) 2025-10-28T12:35Z 15.7K followers, 11K engagements "Cadence QJun25 - Revenue up 5% q/q and 10% y/y to $1.339B at 86.4% GM and 31.8% OPM; QSep will grow by 6% to $1.4B - outperformance driven by AI infra build out China and internal silicon of system companies; Mag [--] plus merchant(NVDA/Broadcom/AMD) strength -FY26 likely a strong yr; Exiting FY25 with record backlog; framework remains DD growth; IP hardware and SD &A will be strong in [--] https://twitter.com/i/web/status/1983183727166419328 https://twitter.com/i/web/status/1983183727166419328" [X Link](https://x.com/SKundojjala/status/1983183727166419328) 2025-10-28T14:47Z 16.5K followers, [----] engagements "Amkor QSep25 - Revenue up 32% q/q and 7% y/y to $1.987B (above 27% guidance); 4Q revenue will decline 8% q/q due to Apple decline - FY25 capex revised +12% to $950M; incremental capex will go to Arizona which will be operational in early 28; majority of capex on RDL-based packaging - All end markets up q/q with comms driving 85% of incremental revenue driven by Apple seasonality" [X Link](https://x.com/SKundojjala/status/1983188874005491765) 2025-10-28T15:07Z 16K followers, [----] engagements "@insane_analyst Yeah RF TAM has been declining from last [--] years. QCOM even stopped disclosing. But hard to think this will pass China regulatory test" [X Link](https://x.com/SKundojjala/status/1983189518221226215) 2025-10-28T15:10Z 15.6K followers, [---] engagements "NXP 3Q25 - Revenue up 8% q/q and down -2% to $3.173B; QDec will grow 4% q/q; QMar26 will be in line with pre-covid seasonality (HSD % decline) - All end markets up q/q; except for comms all other end markets will grow q/q in QDec - Channel inventory flat at [--] quarters; will stay in 9-10 weeks range in QDec" [X Link](https://x.com/SKundojjala/status/1983204440422363240) 2025-10-28T16:09Z 16K followers, [----] engagements "UMC 3Q25 - Revenue down -3% q/q and up 5% y/y to $1.94B - Wafer shipments up 3% q/q to 1M (300mm equivalent) - Wafer ASP down -7% to $1843 - CY25 Capex remains unchanged at $1.8B (-61% y/y) - Utilization rate up [--] percentage points q/q to 78% - 52% rev from 28nm/40nm vs 55% in 2Q" [X Link](https://x.com/SKundojjala/status/1983456770199785752) 2025-10-29T08:51Z 15.7K followers, [----] engagements "SK Hynix 3Q25 - Revenue up 11% q/q and 36% y/y to $17.6B - HBM/DRAM/NAND all sold out for [--]. Since [----] every year HBM sold out - HBM will remain tight into [--] as well vs demand - HBM4 shipment to begin in 4Q25 and will expand in 26" [X Link](https://x.com/SKundojjala/status/1983458489717710892) 2025-10-29T08:58Z 16.1K followers, 14.7K engagements "- Capex to grow massively in '26 - Starting with HBM4E custom HBM kicks off. More customer lock-in and demand predictability - HBM3E-12HI a key driver behind DRAM bit growth in 3Q - 30% CAGR for HBM for the next [--] yrs - allocating more capacity to increase its HBM supply" [X Link](https://x.com/SKundojjala/status/1983458964580045029) 2025-10-29T09:00Z 15.7K followers, [----] engagements "- 1C DRAM node to account for 50% of conventional DRAM in Korea by the end of [--] - Customers asking for long term agreements in conventional DRAM and NAND as well due to supply tightness -M15X fab ahead of schedule (HBM ramp in 26); Yong-in Fab [--] ahead of schedule as well (originally planned for May 2027) - DRAM bit demand to grow from high-teens % in [--] to 20% in 26" [X Link](https://x.com/SKundojjala/status/1983459270395142167) 2025-10-29T09:01Z 15.7K followers, [---] engagements "- DRAM bit shipments up HSD% q/q (above guidance) while ASP up MSD %; strong ASP growth in conventional DRAM due to end of life notices - For Q4 DRAM bit shipments are expected to increase by LSD% - narrowed profitability gap between HBM and conventional DRAM - If supply remains tight next year the profit margin for conventional DRAM could rise to levels close to that of HBM - accelerate the transition of existing capacity to advanced nodes for conventional DRAM - DRAM inventory level has fallen and is now extremely low" [X Link](https://x.com/SKundojjala/status/1983459707252617489) 2025-10-29T09:03Z 15.7K followers, [----] engagements "- expects order downward trend to bottom out in 4Q; orders to pick in [--] - Start of 14nm pilot lines in 2H26 DRAM/advanced logic and recovery in SiC will help [--] orders - China demand to normalize in [--] with DD% decline - Incremental SAM due to 100k wspm of 1.4nm: $450-500M - Incremental SAM due to 100k wspm of 4F2 (from 6F2): $400-450 M" [X Link](https://x.com/SKundojjala/status/1983460340076859571) 2025-10-29T09:06Z 15.7K followers, [----] engagements "Samsung 3Q25 - Semi revenue up 20% q/q and 10% y/y to $23.9B; Memory up 27% q/q and non-memory down -4% - All-time high for memory business driven by HBM3E and eSSDs - HBM bit shipments increased by a mid-80% q/q - [----] memory capex to grow significantly; similar to MU and Hynix" [X Link](https://x.com/SKundojjala/status/1983848587374293002) 2025-10-30T10:48Z 15.7K followers, [----] engagements "- HBM mix has now fully transitioned to HBM3E - HBM high-density DDR5 LPDDR5X and GDDR7 for servers key growth areas in 3Q - 29B semiconductor capex in CY25 down 12% - [----] foundry capex reduced; focus on node conversions - [----] foundry capex is dependent on demand; but will raise to [----] level with a focus on SF2 gen2" [X Link](https://x.com/SKundojjala/status/1983848754458263560) 2025-10-30T10:49Z 15.7K followers, [---] engagements "- DRAM bit shipments up mid-teens % q/q; ASP up by mid-10%; higher mix of HBM - HSD% bit shipment growth in 4Q - No comment on HBM4 qualification status at NVDA - HBM4 samples sent to customers and ready for mass production HBM demand grow at a faster pace than supply [----] HBM bit production plan was set reflecting a significant y/y increase" [X Link](https://x.com/SKundojjala/status/1983848917919019328) 2025-10-30T10:50Z 15.7K followers, [---] engagements "- Expects DRAM prices to increase further in 4Q; increased focus on servers creating shortages in mobile and PC - Sees strong Ai and non-AI server demand in [--] - Legacy DRAM supply constraints to continue into [--] - [--] DRAM capex to focus on boosting 1b production; DRAM share will increase in capex vs 25" [X Link](https://x.com/SKundojjala/status/1983849027277066675) 2025-10-30T10:50Z 15.7K followers, [---] engagements "- NAND bit shipments up 10% q/q and ASPs up MSD% - NAND prices are expected to raise further - 4Q NAND bit shipments to decline 10% due to lower inventory but server SSD bit shipments to grow (similar to Hynix) - Focus on high-density and profitable segments in NAND similar to DRAM" [X Link](https://x.com/SKundojjala/status/1983849086420971914) 2025-10-30T10:50Z 15.9K followers, [---] engagements "- Foundry utilization up; despite export controls foundry revenue sustained at previous quarter levels; profitability up - SF2 mass production started - [--] to see foundry revenue growth from 3nm and 2nm expansion - Taylor Fab on to commence operations in 26" [X Link](https://x.com/SKundojjala/status/1983849290947817869) 2025-10-30T10:51Z 15.9K followers, [----] engagements "KLA QSep25 - Revenue up 1% q/q and 13% y/y to $3.2B at 62.5% GM; QDec will be flat; - DRAM/NAND down while foundry/logic up q/q; In QDec foundry/logic will decline while DRAM/NAND will grow - Retains $925M+ advanced packaging (AP) revenue guidance for CY25; up 85% y/y" [X Link](https://x.com/SKundojjala/status/1983849541838508405) 2025-10-30T10:52Z 16K followers, [----] engagements "- Upgrades CY25 WFE guidance - CY26 will be a growth year for the industry and KLA - - China revenue pops up to 39% but will decline to high-20s in QDec and mid-20s in [--] - $300-$350M export control impact in 26; LAM and AMAT have $600M impact" [X Link](https://x.com/SKundojjala/status/1983849760642695221) 2025-10-30T10:53Z 15.9K followers, [---] engagements "- Agrees with Lams math of $8B WFE for $100B incremental DC spent but would $2B for packaging. So total $10B WFE for $100B DC spent - AP WFE is $11B in [--] and growing faster than front-end WFE - Process control intensity going up in DRAM due to HBM by 200bps; in AP PC intensity is 5-6% N2 node is more process control-intensive than N3" [X Link](https://x.com/SKundojjala/status/1983849910064529430) 2025-10-30T10:54Z 15.7K followers, [---] engagements "- strong sense of urgency from customers particularly in DRAM - Riding on repurposed front-end tools to address AP (driven by customers) - DRAM has again become a technology driver for KLA - Lead times have normalized and are now in the 7-9 month range" [X Link](https://x.com/SKundojjala/status/1983850082706567618) 2025-10-30T10:54Z 15.8K followers, 18.7K engagements "- complex chip designs shorter product cycles and higher-value wafers leading to higher process control intensity - broad landscape of leading-edge design space good for KLA as it drives PC intensity - Process control intensity going up in DRAM due to HBM by 200bps; in AP PC intensity is 5-6%" [X Link](https://x.com/SKundojjala/status/1983850318254502339) 2025-10-30T10:55Z 15.7K followers, [----] engagements "MediaTek 3Q25: $4.7B+ revenue. GM of 46.5% below mid point guidance of 47%. Likely driven by flagship smartphone chips" [X Link](https://x.com/SKundojjala/status/1984153376972853532) 2025-10-31T07:00Z 15.9K followers, [----] engagements "Every $1 of TWD appreciation vs USD reduces MTK's TWD revenue by 1%. USD revenue at the high end guidance driven by better than expected Dimensity [----] demand" [X Link](https://x.com/SKundojjala/status/1984155193588802043) 2025-10-31T07:07Z 15.9K followers, [----] engagements "Reitarates ASIC revenue target of $1B in CY26 and multiple billions in CY27. More complex follow on project is expected to generate revenue from '28 and beyond" [X Link](https://x.com/SKundojjala/status/1984156049834946713) 2025-10-31T07:10Z 15.9K followers, 27.2K engagements "Plans to capture 10-15% share of $50B CSP ASIC TAM by '28" [X Link](https://x.com/SKundojjala/status/1984159350634770736) 2025-10-31T07:23Z 15.9K followers, [----] engagements "Foundry capacity is tight and MediaTek will pass on increased costs to customers" [X Link](https://x.com/SKundojjala/status/1984159806001975688) 2025-10-31T07:25Z 15.9K followers, [----] engagements "By '27 DC ASIC business will be a major incremental revenue contributor. Next year as well" [X Link](https://x.com/SKundojjala/status/1984167426691625171) 2025-10-31T07:55Z 15.9K followers, [----] engagements "Reconfirms MediaTek is not an Arm CSS licensee Arm has a different version here" [X Link](https://x.com/SKundojjala/status/1984168309223489595) 2025-10-31T07:59Z 15.9K followers, 15.4K engagements "Tokyo Electron QSep25 - WFE underperformance play - Revenue up 12.4% q/q and y/y to $4.3B within this SPE (Semi Process Equipment) was 72% and grew 13% q/q and 11% y/y - China revenue up 17% q/q; 40.3% of total revenue; Lam ASML KLA ASMI also reported China pop up in 3Q" [X Link](https://x.com/SKundojjala/status/1984175182983131203) 2025-10-31T08:26Z 15.9K followers, [----] engagements "- CY25 WFE $115B unchanged (includes back-end WFE as well); Lam's $105B number excludes that - TEL will underperform WFE in CY25 - Sees mature node WFE staying flat in CY26 while DRAM/HBM/NAND/Leading-edge Foundry/logic will see growth" [X Link](https://x.com/SKundojjala/status/1984175826280350152) 2025-10-31T08:29Z 15.9K followers, [----] engagements "Lam Research's equipment revenue will grow 40% y/y in '25 vs mid-to-high-single digit WFE industry growth. Massive outperformance mostly driven by foundry/logic which accounted for 2/3rds of system revenue. Memory used to be 2/3rd now the other way around. Driven by GAA advanced packaging and backside power. https://twitter.com/i/web/status/1984590293916856799 https://twitter.com/i/web/status/1984590293916856799" [X Link](https://x.com/SKundojjala/status/1984590293916856799) 2025-11-01T11:56Z 16.4K followers, [----] engagements "KLA notes sense of urgency from DRAM customers as they ramp up HBM capacity. All [--] major memory companies issued strong capex guidance for [--]. KLAs lead times are in the range of 7-9 months and likely booked a good chunk of orders for next year already" [X Link](https://x.com/SKundojjala/status/1984952751462453295) 2025-11-02T11:56Z 15.9K followers, 64K engagements "Teradyne highlights N2 and WMCM will likely increase the test intensity by double-digits. But the company is not holding its breathe as smartphone unit growth has stalled. Teradyne's mobile SoC test equipment revenue is running at less than half of previous peak and incremental revenue is mostly from non-mobile (AI)" [X Link](https://x.com/SKundojjala/status/1985280933843317240) 2025-11-03T09:40Z 15.8K followers, [----] engagements "ON Semi 3Q25 - Revenue up 2% q/q and down -12% y/y to $1.55B at 37.9% GM; 9th consecutive quarter of y/y decline; QDec will see decline too at mid point guidance - $250M AI revenue in [--] share gains - Industrial down for [--] straight quarters y/y while auto down for [--] straight quarters" [X Link](https://x.com/SKundojjala/status/1985664539682308198) 2025-11-04T11:04Z 15.9K followers, [----] engagements "- Utilization ticks up to 74% - Lead times increased to [--] weeks - Auto appears to have bottomed - Auto and industrial will decline again in QDec - [---] days of inventory; [----] weeks of channel inventory - demand is stabilizing no broad restocking yet - Expects to grow in China - Replenishment cycle around the corner in autos" [X Link](https://x.com/SKundojjala/status/1985664645156520263) 2025-11-04T11:05Z 15.9K followers, [----] engagements "Qorvo QSep25 - Revenue up 29% q/q and down 1% y/y to $1.06B at 49.7% GM; QDec will decline by 7% - Apple revenue up 73% q/q - 10% content growth at Apple in iPhone [--] cycle - Mas market Android exit; low-end Android to decline by $200M in FY26 and FY27 each; 2H weighted" [X Link](https://x.com/SKundojjala/status/1985664858650787999) 2025-11-04T11:06Z 15.9K followers, [----] engagements "- 2/3rd of manufacturing costs external - $65M China Android revenue vs $100M last quarter - Content gains in Samsung foldables but indicates S26 content will decline - Mobile UWB exit - Factory consolidation low-end Android exit and overall improved mix of Analog business positive for GM" [X Link](https://x.com/SKundojjala/status/1985664884009550071) 2025-11-04T11:06Z 15.8K followers, [----] engagements "AMD 3Q25 - Revenue up 20% q/q and 36% y/y to $9.2B; all end markets up q/q - QDec rev will grow 4% q/q and 26% y/y to $9.6B; except gaming all other end markets will grow - All-time high quarter for Datacenter and PC - All-time high quarter for Client and server CPU revenue; Instinct GPU grew as well q/q driven by sharp MI355 ramp but server CPU outgrew and will be the case in QDec - DC revenue up 34% q/q and 22% y/y to $4.3B" [X Link](https://x.com/SKundojjala/status/1986005988470861860) 2025-11-05T09:41Z 15.9K followers, 12.1K engagements "Skyworks QSep25 - Revenue up 14% q/q and 7% y/y to $1.1B at 46.5%GM; QDec will decline 10% q/q - Apple revenue better than expected to due to mix and higher units - Apple 67% of revenue and up 5% y/y - Google revenue up q/q and will grow in QDec" [X Link](https://x.com/SKundojjala/status/1986007327770837279) 2025-11-05T09:46Z 15.9K followers, [----] engagements "- Apple internal modem viewed as positive for future sockets - Broad Markets 3% q/q and 7% y/y; - now representing an approximately $1.5 billion business with margins above the corporate average; auto $65M quarterly run-rate" [X Link](https://x.com/SKundojjala/status/1986007358427009085) 2025-11-05T09:47Z 15.8K followers, [----] engagements "Arm QSep25 - Revenue up [--] % q/q and 34% y/y to $1.14B (above mid point guidance); 3rd straight billion-dollar quarter - Royalty up 21% y/y to $620M; higher royalty smartphone chips and datacenter drove; growth in all end markets - QDec will see 8% q/q growth to $1.225B; royalties to grow 20% and licensing 25-30% y/y" [X Link](https://x.com/SKundojjala/status/1986341481028984876) 2025-11-06T07:54Z 15.9K followers, [----] engagements "- ACV up 28% y/y; well above licensing long-term CAGR of mid-to-high single-digit - Increased R&D to fund compute SoCs as Arm ventures into chips - Smartphone Lumex CSS had [---] people and 100s of million of investment; early revenue started - Ethernet IP acquisition from DreamBig Semiconductor" [X Link](https://x.com/SKundojjala/status/1986341696163160550) 2025-11-06T07:55Z 16K followers, [----] engagements "- +41% q/q jump in related party revenue driven by SoftBank licenses; $178M; will be the run-rate going forward; license plus design services; the latter is low margin; Stargate related revenue - The company will talk about own chips once products taped out samples out from the fab and it secures non-cancellable orders - Expects Cloud royalties (which includes server CPU) contribution to go up to 15-20% in FY26 vs 10% in FY25 - China demand strong driven by licensing; one of largest licensing deals" [X Link](https://x.com/SKundojjala/status/1986341719856885948) 2025-11-06T07:55Z 16K followers, [----] engagements "Qualcomm QSep25 - Revenue up 9% q/q and 10% y/y to $11.3B (above the high-end guidance); $11.8-$12.6B guidance for QDec - QCT revenue up 9% q/q and 13% y/y to $9.8B at 29% EBT; all end markets up q/q; $10.3-$10.9B guidance for QDec - Inflection point in smart glasses; for the 2nd straight quarter calls out it as a growth driver; design-wins in Meta; Ahead of targets in auto and XR - Handset revenue of $7B up 10% q/q and 14% y/y; driven by premium tier Android and new Snapdragon [--] Elite 5" [X Link](https://x.com/SKundojjala/status/1986342058538508326) 2025-11-06T07:57Z 15.9K followers, [----] engagements "- Handset revenue to grow low-teens % q/q in QDec; most of the incremental from Android though some benefit from Apple as well - Apple (21%) Samsung (20%) and Xiaomi (13%) top-3 customers in FY25 (my interpretation) - Premium tier expansion and content growth driving handset revenue - OEM competition and consumer desire to upgrade factors as well in premium tier growth; sees this as a sustainable trend" [X Link](https://x.com/SKundojjala/status/1986342136405541287) 2025-11-06T07:57Z 15.9K followers, [---] engagements "- Targets 75% baseline share for S26; been saying this for a while - No change in 20% Apple share assumption in FY26 launches - No pull forward from China - IoT revenue up 8% q/q and 7% y/y to $1/8B; driven by AI smart glasses - IoT will decline in QDec driven by consumer seasonality - IoT will grow in FY26 vs FY25" [X Link](https://x.com/SKundojjala/status/1986342185894326388) 2025-11-06T07:57Z 15.9K followers, [---] engagements "- Says multiple billions of DC revenue [--] yrs from now; revenue starts from FY27 (starts from Oct 26) - [--] areas of focus within DC: CPU and inference - Sticks to its non-HBM DC inference approach; says it is differentiated in compute density and power consumption - Alphawave closure in 1Q26 - DC opex incremental to spending profile; shifting opex dollars from mature businesses such as handsets" [X Link](https://x.com/SKundojjala/status/1986342318744740103) 2025-11-06T07:58Z 15.9K followers, [---] engagements "- Licensing revenue $1.4B; will grow slightly to $1.5B (mid-point guidance) in QDec - 18% y/y growth in non-Apple semi revenue - non-Apple QCT revenues grew at [--] yr CAGR of 15% through FY25 - [---] PC designs to be commercialised through [--] (100+ in [--] alone)" [X Link](https://x.com/SKundojjala/status/1986342359114916204) 2025-11-06T07:58Z 15.9K followers, [----] engagements "Non-Apple semiconductor revenue growing faster than Apple revenue. Auto and IoT at this growth rate can offset a good chunk of lost Apple revenue readily" [X Link](https://x.com/SKundojjala/status/1986343065980969117) 2025-11-06T08:01Z 15.8K followers, [----] engagements "SanDisk QSep25 - Revenue up 21% q/q and 23% y/y to $2.3B; $2.6B guidance for QDec - Claims DC will overtake smartphone as the largest end market for NAND in [--] - increased its forecast for DC exabyte growth in calendar [----] from a mid-20% level to a mid-40% level - Demand outpacing supply; NAND market likely constrained through [----] and beyond per SNDK" [X Link](https://x.com/SKundojjala/status/1986772044332376157) 2025-11-07T12:25Z 15.9K followers, [----] engagements "- not currently considering adding new wafer capacity; 100% utilization - Bit shipments up mid-teens while ASPs up MSD% - QDec to see MSD% bit growth and DD% price increases - Claims share gains in DC - QLC is projected to grow from 20% to 40% of SNDKs enterprise business by the end of FY26 - BiCS8 15% of bit production in QSep and will be the majority by the end of FY26 - DC business up 26% q/q; DC up 2ndstraight quarter after bottoming out in QMar" [X Link](https://x.com/SKundojjala/status/1986772114968645825) 2025-11-07T12:25Z 15.9K followers, [----] engagements "Microchip QSep25 - Revenue up 6% q/q and xx% y/y to $1.14B at 55.9% GM; Asia and Americas up and Europe flat; QDec a seasonally weak quarter will be down 1% q/q - expects strong quarters for Mar Jun and Sep 2026; strong backlog trend for QMar vs QDec - Underutilization and write-offs affected [----] percentage points of non-GAAP GM - Seeing recovery in key end markets - DC had the strongest performance last quarter - The book-to-bill ratio for the last quarter was 1.06" [X Link](https://x.com/SKundojjala/status/1986773120733364596) 2025-11-07T12:29Z 15.9K followers, [----] engagements "- Days of inventory down to [---] days from [---] days in QJun - Distributor inventory was at [--] days down [--] days q/q - Lead times are increasing for some products (substrates subcontracting capacity and some foundry constraints) - 3nm PCIe Gen [--] switch product announcement; claims industry first 3nm; volume ramp by the end of CY26; $2B TAM growing at 10% CAGR through [----] - targeting hyperscalers enterprise OEMs and ODMs covering all segments of the AI and enterprise data center markets" [X Link](https://x.com/SKundojjala/status/1986773737761611785) 2025-11-07T12:32Z 15.9K followers, [----] engagements "Qualcomm's revenue from Apple and Samsung grew below corporate average in FY25 while China outgrew. Apple revenue recovered in iPhone [--] cycle (X75 modem) after declining in iPhone [--] cycle. Qualcomm still maintains 20% share in FY26 launches (no change)" [X Link](https://x.com/SKundojjala/status/1987183967997730891) 2025-11-08T15:42Z 15.9K followers, [----] engagements "For the first QCOM disclosed their QCT COGS explicitly. It doesn't take a genius to calculate though given QTL IP revenue has 95% GM" [X Link](https://x.com/SKundojjala/status/1987184693192896551) 2025-11-08T15:45Z 15.9K followers, [----] engagements "SanDisk's capital intensity will be mid-to-high teens in the near term vs mid-teens long term guidance. NAND WFE capex peaked in [----] at $20B+ but current run-rate is $10B+. SanDisk suggests unconstrained NAND demand at mid-20% bit growth for CY26 but supply will be limited at 17%. With DC overtaking smartphone in end demand and fabs running at 100% utilization NAND investment likely pick up. But how much is still a question after last cycle's missteps. LTAs won't work well in memory" [X Link](https://x.com/anyuser/status/1987559793851269586) 2025-11-09T16:35Z 17.3K followers, 16K engagements "Intel will have around $120M external foundry revenue in CY25 or 1000x less than TSMC. While 18A didn't get foundry traction in the initial wave Intel still pins hopes on overall foundry (internal plus external) and expects it to break-even exiting '27 even with low contribution from external customers. As Intel moves its internal wafers to EUV from low-base (5% EUV penetration in CY24) they expect wafer ASP to grow [--] faster than costs narrowing losses" [X Link](https://x.com/SKundojjala/status/1987912526609400057) 2025-11-10T15:57Z 15.9K followers, 11.7K engagements "AMD Investor Day [----] - 3-5 yr financial targets: Revenue Growth: 35%; GM: 55% - 58%; OPM: 35% - DC to grow at 60% while AI DC to grow at 80%; non-AI DC at 39%; near term AI growth: 80% - Core (client gaming and embedded) to grow at 10% - The numbers suggest $175B+ DC revenue (with $120B+ AI) and $205B+ total for AMD by [--] - 10s of billions of dollars of AI revenue in [--] - has built the supply chain for the growth rates they outlined" [X Link](https://x.com/SKundojjala/status/1988568145314091328) 2025-11-12T11:22Z 16.2K followers, [----] engagements "- $1Tr AI silicon TAM (GPU/ASIC HBM and CPU) by [--] (40% CAR); ASICS 20-25% TAM - has shifted to an annual cadence for its AI accelerators - MI400 & MI450 series represent a significant step-function improvement in technology capacity and go-to-market with rack-scale - premium consumer gaming and enterprise segment focus in PC - Claims 28% client share and 50% desktop share; ASPs up 1.5x in [--] yrs - Claims it will increase share in client CPUs to 40%+ server CPUs to 50%+ and FPGA to 70%+ growing faster than TAM - Targets 3x growth rate in client and gaming - Claims server CPU TAM to grow at 18%" [X Link](https://x.com/SKundojjala/status/1988568247114105302) 2025-11-12T11:23Z 15.9K followers, [----] engagements "GlobalFoundries QSep25 - Revenue flat Q/Q and down -3% Y/Y and to $1.688B - QDec will grow 7% q/q - Wafer shipments up 4$ q/q to 602k - Wafer ASP flat q/q at $2692" [X Link](https://x.com/SKundojjala/status/1988588669993984501) 2025-11-12T12:44Z 16.2K followers, [----] engagements "SMIC 3Q25 - Revenue up 8% q/q & 10% y/y to $2.4B (above the high-end guidance) - Wafer shipments (300mm equivalent): 1.1M (up 5% q/q) - Wafer ASP: $2041 (up 4% q/q) - Utilization rate: 95.8% (vs 92.5% in 2Q25 ) - Capex tracking to $7.5B+ for '25 - QDec rev will grow 0-2%; high depreciation costs cut into GM" [X Link](https://x.com/SKundojjala/status/1988966440783982900) 2025-11-13T13:45Z 16K followers, [----] engagements "AMAT QOct25 - Revenue down -7% q/q and -3% y/y to $6.8B QJan will grow 2% q/q - Semi systems down -12% q/q and -8% y/y to $4.8B; QJan Semi Systems grow 6% q/q - China share losses become more visible (due to restrictions and domestic competition); 29% of revenue vs 35% in QJul; QJan will be flat at 29% - 20% of China market was restrictive in F25 vs 10% in F24 - Expects WFE spending in China to be lower 26" [X Link](https://x.com/SKundojjala/status/1989325531305877675) 2025-11-14T13:32Z 16K followers, [----] engagements "- [--] leading-edge WFE spending geared towards litho means [--] will be more on dep and etch per AMAT (due to lag) - ICAPS (mature logic) has been weak; a big segment for AMAT - Industry NAND WFE set to double in [--] - DRAM to be flat in 25; with higher spending by non-China customers - AMATs DRAM revenue from international customers up 50% y/y in F25 - Semi industry to grow at 10-15% for the next [--] years - Seeing more than [--] yr visibility in some cases [--] yrs - 15% of leading-edge wafer starts and DRAM wafer starts are allocated towards AI datacenter - Thinks memory is not constrained by physical" [X Link](https://x.com/SKundojjala/status/1989325580467355812) 2025-11-14T13:32Z 15.9K followers, [---] engagements "Micron's CY26 HBM3E and HBM4 supply fully contracted. Hynix and Samsung already sold out" [X Link](https://x.com/SKundojjala/status/1991415771701080129) 2025-11-20T07:58Z 16K followers, [----] engagements "- $57B revenue (+22% q/q and 62% y/y) at 73.4% GM - $65B in revenue for QJan (+14% q/q); no DC revenue from China; GAAP GM of 74.8% - $51B DC revenue (+66% y/y); $600B hyperscaler capex in CY26 - Changed regional revenue reporting to customer headquarters rather than billing" [X Link](https://x.com/SKundojjala/status/1991419721884004687) 2025-11-20T08:13Z 16K followers, [---] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@SKundojjala Sravan Kundojjala
Sravan Kundojjala posts on X about china, dram, $tsm, $qcom the most. They currently have [------] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours.
Engagements: [-----] #
- [--] Week [------] -21%
- [--] Month [-------] +49%
- [--] Months [---------] +28%
- [--] Year [---------] -47%
Mentions: [--] #
- [--] Month [--] -90%
- [--] Months [---] +94%
- [--] Year [---] +110%
Followers: [------] #
- [--] Week [------] +0.66%
- [--] Month [------] +3.50%
- [--] Months [------] +18%
- [--] Year [------] +39%
CreatorRank: [-------] #
Social Influence
Social category influence stocks technology brands countries finance currencies social networks travel destinations automotive brands products cryptocurrencies
Social topic influence china #3766, dram, $tsm, $qcom #155, samsung, ai, asml #94, growth, business #4634, $gfs
Top accounts mentioned or mentioned by @mojoflyin @nsureshecw @widditcap @samirkhazaka @beuvingjordy @nikkeiasia @wsj @jpkleinhans @jumboshrimp787 @davideneco25320 @nanoarun @insaneanalyst @fundaminv @a13935257451 @chipssaas @debogates @dueonsaleclause @mooremorrisfan @roicinvestor @tshirtnjeans2
Top assets mentioned Taiwan Semiconductor (TSM) QUALCOMM, Inc. (QCOM) GlobalFoundries (GFS) Intel Corporation (INTC) United Microelectronic Corp. (UMC) Advanced Micro Devices (AMD) NVIDIA Corp. (NVDA) Qorvo Inc (QRVO) Broadcom, Inc. (AVGO) Orochi Network (ON) Marvell Technology Inc (MRVL) Alphabet Inc Class A (GOOGL) RAMP (RAMP) Apple, Inc. (AAPL) Analog Devices, Inc. (ADI) NXP Semiconductors NV (NXPI) Skyworks Solutions Inc (SWKS) Micron Technology, Inc. (MU) Teradyne, Inc. (TER) Synopsys, Inc. (SNPS)
Top Social Posts
Top posts by engagements in the last [--] hours
"Google is doubling down on Arm-based mobile computing chips - a market that grew 27% to $28 b in [----]. Its a long game and Google can afford. Google can do without 5G modem tech in Chromebooks for now. Google is working on CPUs for Chromebooks while ramps up hiring blitz for chip and hardware ambitions in Taiwan Israel India and the US. Apple Silicons success has inspired Google to develop more chips in-house @NikkeiAsia https://t.co/InCeW76vW1 Google is working on CPUs for Chromebooks while ramps up hiring blitz for chip and hardware ambitions in Taiwan Israel India and the US. Apple"
X Link 2021-09-01T06:35Z 16.5K followers, [--] engagements
"Google can perhaps pick up a single-mode 4G company such as Sequans or Nordic Semi to repurpose their IoT-centric chips for smartphones and other devices"
X Link 2021-09-01T06:40Z 16.4K followers, [--] engagements
"Substrate shortages are real. Sequans recently mentioned on its earnings call that substrate leadtimes stretched to [---] days from [--] days. Its that #semiconductor substrate explainer youve been waiting for via @WSJ #chipshortage #manufacturing #supplychain #semiconductors https://t.co/jjyaAtm8vK Its that #semiconductor substrate explainer youve been waiting for via @WSJ #chipshortage #manufacturing #supplychain #semiconductors https://t.co/jjyaAtm8vK"
X Link 2021-09-05T14:21Z 16.4K followers, [--] engagements
"@JPKleinhans With substrate shortages Sequans indicated that its 3Q21 shipments would be zero but the company is managing with an expedited fee"
X Link 2021-09-06T08:14Z 16.4K followers, [--] engagements
"@JumboShrimp787 @davideneco25320 I am highlighting the foundry diversity that $XLNX brings. In the semi industry most companies stick with 1-2 foundries. Some are exceptions. $QCOM has relationships with [--] foundries"
X Link 2022-02-16T16:09Z 16.6K followers, [--] engagements
"@nano_arun Intel indicated they are open but said it will have to make strategic and financial sense. Not a lot of foundry players are left in the market now. Either UMC or GloFo will be available if Intel wants to make a move"
X Link 2022-02-18T10:46Z 16.6K followers, [--] engagements
"Sequans 2Q22: Cellular IoT chip business is reaching the maturity stage. Revenue up 10% y/y to $15m. Long-term model ($200 m revenue 50% gm and 20% operating margin) intact. Comfortable with the wafer allocation through [--] and [--]. 6% wafer price increases from TSMC"
X Link 2022-08-03T13:00Z 16.4K followers, [--] engagements
"$330m+ design pipeline for cellular IoT chip business for the next [--] years. The company has reached an agreement with a strategic partner to fund its 5G platform development. $50 m licensing revenue in the first [--] years and future royalties expected"
X Link 2022-08-03T13:04Z 16.4K followers, [--] engagements
"Sequans is still hanging by its teeth while almost all of its peers have been acquired. The long-term model looks attractive. Renesas recently took an equity stake and a board seat but remains to be seen whether the outright acquisition will happen"
X Link 2022-08-03T13:07Z 16.4K followers, [--] engagements
"TSMC doesn't talk much about wafer price increases but some of its clients are very open about it. Navitas a power IC maker claims TSMC has increased wafer prices by 20% hitting its gross margin by 400bps. Sequans and Himax talked about a 6% price increase early next yr. $TSM"
X Link 2022-08-16T10:55Z 17.3K followers, [---] engagements
"5G baseband revenue grew 47% during the quarter driven by increased traction across price tiers and regions. Despite the smartphone weakness non-handsets continue to offer an attractive opportunity and once again outgrew handsets"
X Link 2022-08-30T13:27Z 16.4K followers, [--] engagements
"MediaTek solidified its no.2 position in 5G while Samsung took a hit. Full blog post here. $AAPL $QCOM $SSNLF $SQNS $GOOG $SWKS $AVGO $QRVO $TSM $GFS https://www.strategyanalytics.com/strategy-analytics/blogs/components/handset-components/handset-components/2022/08/30/cellular-baseband-market-a-content-driven-growth-story https://www.strategyanalytics.com/strategy-analytics/blogs/components/handset-components/handset-components/2022/08/30/cellular-baseband-market-a-content-driven-growth-story"
X Link 2022-08-30T13:30Z 16.5K followers, [--] engagements
"Sequans a cellular IoT chip maker will license its 5G platform to an undisclosed partner in China. 5G baseband design will be ready by 1H23. $50 m licensing and royalty for [--] years from [----]. $SQNS gets access to China market with this deal"
X Link 2022-08-31T11:12Z 16.5K followers, [--] engagements
"Sequans 3Q22: Revenue up 16% q/q to $16.5m. 1st installment of 5G royalty from a strategic Chinese partner boosted gross margins to 77%. $700m pipeline for [--] yrs ($350m design-wins). [----] is likely to be a growth year with better supply from TSMC and market demand. $SQNS"
X Link 2022-11-03T12:14Z 16.5K followers, [--] engagements
"Qorvo renegotiated with GloFo to reduce the impact of underutilization charges. Contract extension is one of the options GloFo gives to customers to mitigate the impact of reduced demand. $QRVO extended its contract with $GFS through [----] (previously till 2025)"
X Link 2022-11-07T13:50Z 16K followers, [--] engagements
"IDMs (integrated design manufacturers) who design and manufacture their chips have stepped up their efforts to ramp in-house 300mm wafer production. Still a long way to go. $ON acquired its first 300mm wafer fab recently (138k wpa) from $GFS. $TXN and $IFX are ahead"
X Link 2023-01-10T14:22Z 15.8K followers, [----] engagements
"On Semi 4Q22: Revenue down -4% q/q and up 14% y/y to $2.1 b (closer to the high end of the guidance). March quarter revenue to decline 9% sequentially. Ended the FY2022 with $8.3b revenue (+24% y/y) and 49% GM (up from 40% in 2021). $ON"
X Link 2023-02-06T13:39Z 15.8K followers, [----] engagements
"Sequans 4Q22: Revenue down -4% q/q and up 15% y/y to $15.9m. Almost 70% of revenue from licensing. A big boost to gross margins. $350m of qualified design win pipeline for [--] years. [----] revenue grew 19% y/y. [----] is likely to be a growth year. $SQNS"
X Link 2023-02-15T11:54Z 16.7K followers, [----] engagements
"$LRCX take on $AMATs last week announcement of reduced need for double patterning. Doesnt see it as a key area of investment"
X Link 2023-03-08T15:20Z 16.7K followers, 10.5K engagements
"@NSuresh_ECW They are seeing mixed success. Auto & industrial IDMs fine for now. $ON's utilization rates dropped to 74% while $NXPI's dropped to 90%. For IDM 80-85% is a very respectable number. $INTC even set to take GM hit due to underutilization. $MU is even worse"
X Link 2023-03-26T09:44Z 15.9K followers, [---] engagements
"The inventory picture is worse in memory markets. Inventory as a % of revenue Micron: 205% SK Hynix: 204% Nanya: 305% $MU earlier guided inventory dollars will peak in 3Q (ends in May) and inventory days will peak in 2Q (ended in Feb). Write-offs & -ve margins can be expected"
X Link 2023-03-28T18:06Z 16K followers, 22.8K engagements
"Teradyne reiterates it will see little impact from 3nm in [----]. [----] will be different. 3nm smartphone apps processor shipments will almost triple in [----] (my estimate). A big push from the Android camp and a full-year 3nm iPhone cycle helps. $TER"
X Link 2023-04-30T11:34Z 16K followers, [----] engagements
"On Semi 1Q23: - $17.6 b LTSA up $1b q/q; $5.8b of LTSA will be recognised in the [--] months; average LTSA tenure 4-5 years; pricing holds up well - Utilization rate down to 71% in Q1 from 74% in 4Q22; will be in that range through [----] - Auto and industrial 75% of rev $ON"
X Link 2023-05-01T18:23Z 15.8K followers, [----] engagements
"Infineon 2QFY23: - Revenue up +4% q/q and up +25% y/y to [---] b (in line with the guidance) - Gross margin 46.6% (vs 42.9% in 1QFY22) - Operating margin 28.2% (vs 24.1%) - CapEx [---] m - Core auto revenue up 11% q/q while industrial up 12%; consumer weak $IFNNY"
X Link 2023-05-04T10:33Z 15.9K followers, [----] engagements
"Sequans 1Q23: Revenue down -25% q/q and down -14% y/y to $11.9m due to inventory reduction actions by customers and seasonality. Pivots to licensing from the product boosting gross margins to 78.5%. $750m pipeline with 50% of its design wins. $100m+ revenue in 2025/26. $SQNS"
X Link 2023-05-04T11:53Z 16.5K followers, [----] engagements
"Intel and AMD saw a sharp decline in their PC processor revenue in Q1 [----]. Undershipped demand from last [--] quarters. Both will likely turn the corner in 2Q23 with sequential growth that will continue through [----]. AMD: -65% y/y Intel: -38% y/y $AMD $INTC"
X Link 2023-05-07T09:22Z 17.3K followers, 18.2K engagements
"MediaTek's top-3 customers accounted for 36% of its revenue in [----] (Samsung Xiaomi Oppo/Vivo) flat vs [----]. On the other hand Qualcomm had 50%+ revenue from Apple and Samsung in the latest quarter. In [----] TSMC's revenue from MediaTek declined 15%. $QCOM $TSM"
X Link 2023-05-13T17:50Z 15.5K followers, 10.9K engagements
"On Semi updates its long-term model. Revenue to grow at 10-12% CAGR to $14b by [----]. Auto growth will outpace industrial & other segments. 85% of revenue will come from auto & industrial. Targets 38% revenue CAGR in SiC/Si power space at 70% GM. 35-40% share target in SiC. $ON"
X Link 2023-05-17T10:13Z 16.2K followers, [----] engagements
"1Q23 Semiconductor foundry vendor performance thread. Foundry revenue decelerated q/q and y/y. Except for Hua Hong all other foundries declined y/y. TSMC had 64% market share. $TSM $SSNLF $GFS $UMC $SMICY $INTC $TSEM"
X Link 2023-05-22T12:01Z 16.1K followers, [----] engagements
"Marvell 1QFY24: - Revenue bottomed and will grow sequentially - Consumer bottomed and will grow from here; $ADI also noted this -$200m AI revenue in the last FY -$400m+ AI revenue in this FY and $800m+ next FY $MRVL"
X Link 2023-05-26T09:53Z 15.6K followers, 10.1K engagements
"Despite its long association with PCs Qualcomm's PC chip record leaves much to be desired. Yet surprisingly the management continued to drumbeat about its future PC revenue streams. Qualcomm could build the current AMD notebook PC processor size business by FY30. $QCOM"
X Link 2023-05-28T18:18Z 15.5K followers, 14.2K engagements
"Broadcoms semiconductor business has [--] divisions in it. Each is operated independently. The only synergy is foundry packaging and some IP (comments at the BofA conference)"
X Link 2023-06-07T12:59Z 17.3K followers, 28.3K engagements
"NVIDIA auto latest - MediaTek partnership about installed base growth/not exclusive to MediaTek or auto - data center roadmap features pulled into auto (multi-instance GPU) - Software compatible across generations (Thor Orin Xavier etc.); auto stack compatible with CUDA APIs"
X Link 2023-06-13T16:20Z 15.9K followers, 18.7K engagements
"Qualcomm is climbing up in auto semis quietly and beating the traditional ones like ADI and inching close to ON. QCOM's auto revenue is now higher than the combined MBLY and NVDA auto rev (key competition). $45B pipeline (1/3rd ADAS) and $4B+ rev target by FY26 & $9B+ by FY31"
X Link 2024-10-04T10:59Z 17.3K followers, 31.2K engagements
"GloFo & TSMC both passed on NXP's offer to build a 300mm mature node fab it. $GFS saw it as undifferentiated while $TSM was - "look we're not really that interested in building trailing edge mixed-signal capacity. it's not our cup of tea going forward." $NXPI went with VIS"
X Link 2024-10-11T11:41Z 16K followers, [----] engagements
"TI seemed to have passed the bottom for the cycle with sequential growth in QJun and QSep. QDec will decline [---] to -10% (seasonality) while QMar will be flat to down. TI's industrial is down for [--] straight quarters and down 30% from the peak (3Q22). China auto strength is unusual. The vibe of the earnings call seems ''let the downcycle run its course but we will crush it in the next upcycle''"
X Link 2024-10-23T17:58Z 15.9K followers, [----] engagements
"Nordic Semis end markets bottomed in 1Q24 and posted sequential growth in QJun & QSep. QDec will decline -18% to-6% (seasonality). Cellular in a tough spot but Nordic earlier guided it could do $100M cellular revenue by CY26"
X Link 2024-10-24T07:50Z 15.9K followers, [----] engagements
"Teradyne sees increased strength in its compute tester business from hyperscalers/vertically integrated producers (VIP). Raises VIP TAM estimate to $300M and might even revise $500M by Cy26 estimates. $TER has 50% share in this. VIP TAM is up to 30% of compute TAM"
X Link 2024-10-25T11:09Z 16K followers, [----] engagements
"The memory tester TAM in [----] is expected to be35% higher then [----] peak. Expects HBM tester TAM to moderate in CY25. TER has big position with Hynix. Says other parts of the memory will see strength"
X Link 2024-10-25T11:15Z 16K followers, [----] engagements
"$TER hints at Apple modem in CY25. In previous call $TER noted that would be a positive development but not a game changer for it. $TER's mobile SoC TAM came down from $2B in CY21 to $800M in CY24"
X Link 2024-10-25T11:17Z 16K followers, [----] engagements
"ON Semi 3Q24: - Revenue up 3% q/q and roughly flat guidance for QDec - Strength in China EV SiC (TI posted 20% q/q growth in China recently) - Auto & industrial both weak (80% of revenue) - Capital intensity to moderate to 5% from CY25 vs 11% target - Channel inventory growing in response to mass market demand - SiC revenue will grow in CY24 low-to-mid single-digit %; will grow in CY25 - 65% utilization rate (flat q/q) - GM holding up despite low utilization rate; GM will recover with utilization rates fab consolidation SiC ramp and EFK fab transition completion - 200mm SiC yields are similar"
X Link 2024-10-28T14:23Z 15.9K followers, [----] engagements
"KLA3Q24 - - Revenue grew for the 2nd straight quarter after bottoming out in QMar - QDec will grow again; QMar25 will be at a similar level of QDec24 - Sees a stable environment from the current run rates from QMar run-rate - Leading-edge logic and HBM/DDR5 drove Q3 results and will drive CY25 as well - China revenue decline to mid-30s % in Q4 from 40%+ in 3Q - China contribution will likely normalise to 30% (+/-2%) in CY25 but dollar value likely remain similar"
X Link 2024-10-31T07:13Z 15.9K followers, [----] engagements
"Cirrus gets boost from an addition of week worth of seasonal ramp of new iPhones in QSep but will not have that benefit in QDec. So guide down for QDec. Apple 90% customer"
X Link 2024-11-05T09:14Z 15.9K followers, [----] engagements
"GlobalFoundries 3Q24 - Revenue up 7% q/q and down -6% y/y to $1.74B - Revenue up for second straight quarter and will grow again in QDec - Wafer shipments 6% q/q and down -5% y/y to 549k - ASP flat at $2850 - 4Q24 guidance: $1.825B (at mid-point)"
X Link 2024-11-05T12:35Z 15.9K followers, [----] engagements
"Microchip 3QCY24: The CEO's quote sums it up. ''This down cycle we're in has been the most prolonged and challenging down cycle I can recall during my [--] years in the industry.'' - [--] straight quarters of revenue decline through QSep; QDec will also decline - Operating margin of 29.5% well below the floor target of 40% - [---] days of inventory up [--] days q/q"
X Link 2024-11-06T08:37Z 15.9K followers, [----] engagements
"- Disti inventory at [--] days which was down [--] days - Disti inventory days were [--] days during COVID-19; historic been around [--] days - Inventory dollars and days will be up again QDec - $150M capex in FY24; FY25 capex will be less than that - [--] Weeks of lead time; under shipping demand"
X Link 2024-11-06T08:37Z 15.9K followers, [----] engagements
"- [--] straight quarters of IoT revenue growth through FY24 - Android handset chip revenue grew 20% y/y in FY24 - Gen AI traction across markets - PC traction across OEMs; 58+ devices planned or launched; new price point expansion with SD X Plus [--] core version - Custom CPU expansion beyond PCs into smartphones and auto - Low-to-mid single-digit unit growth in 3G/4G/5G handsets in CY24"
X Link 2024-11-07T06:28Z 15.9K followers, [---] engagements
"- Guidance: $9-$9.6B QCT; $1.45-$1.65B for licensing - Expects 40% q/q sequential growth from Chinese OEMs (even without Huawei contribution) - Handset revenue will grow MSD% y/y in QDec; IoT to see 20% y/y growth and auto to remain flat q/q - Claims share gains in auto and as a result immune to on-going market weakness - Confident of prevailing in Arm lawsuit (trail is schedule for December 16th)"
X Link 2024-11-07T06:29Z 15.9K followers, [---] engagements
"- Channel inventory normalization and PC/XR launches fuelled IoT growth in QSep; trends will continue in QDec - Most of the auto revenue from cockpit; ADAS will be material in the next couple of years - Content growth in flagships help ASPs"
X Link 2024-11-07T06:29Z 15.9K followers, [---] engagements
"- 5X higher premium tier revenue vs competitor - Do not see inventory in flagships - China sequential increase in QDec is not related to stockpile per Qualocmm - No change in Apple modem assumptions; 20% share assumption in [--] launch"
X Link 2024-11-07T06:29Z 15.9K followers, [---] engagements
"Apple Samsung and Xiaomi accounted for 22% 19% and 12% of FY24 revenue (my interpretation)"
X Link 2024-11-07T06:30Z 15.9K followers, [----] engagements
"Summary - Chipset division on fire with growth across iOS and Android; Auto and IoT growth - Despite MediaTek competition QCOM is gaining traction in premium tier - Auto share gains - Licensing QDec stronger - Confident of prevailing in Arm lawsuit"
X Link 2024-11-07T06:34Z 15.9K followers, [----] engagements
"Infineon QSep24: - QSep revenue was up 6% q/q and down -6% y/y to E3.9B - All end markets up q/q - QDec will be down by -18% to E3.2B - Backlog down to E19B in QSep from E22B in QJun - E650M SiC revenue in FY24; will grow LDD% in FY25"
X Link 2024-11-12T10:34Z 15.9K followers, [----] engagements
"Skyworks QSep24: - Revenue up for third straight quarter; up 13% q/q and down 16% y/y QDec will grow 4% q/q - Apple 69% of revenue up 21% q/q; Seasonal ramps; will grow 5-10% in QDec - $75M revenue from Android in QSep; 50% Google; 30-40% Samsung; China 10% - Mobile was 65% revenue and up 21% q/q"
X Link 2024-11-13T11:22Z 15.9K followers, [----] engagements
"- Broad markets inventory issues in auto industrial networking and infra markets persist but was up slightly q/q - QDec guidance was less than expected [--] months ago due to Broad markets weakness - Mobile and broad markets both grew q/q and will grow again in QDec - Broad markets will grow into QMar"
X Link 2024-11-13T11:22Z 15.9K followers, [---] engagements
"Chinese semiconductor foundries SMIC and Hua Hong are outgrowing their global mature node peers GloFo and UMC in terms of capacity growth by a big margin. Hua Hong and SMIC grew their capacity by 14-15% while UMC and GloFo grew 6-7%. This year SMIC and Hua Hong will spend $10B capex while UMC and GloFo will spend $4B. https://twitter.com/i/web/status/1864006435488829571 https://twitter.com/i/web/status/1864006435488829571"
X Link 2024-12-03T17:59Z 16.5K followers, 14.1K engagements
"Unlike TI Analog Devices doesn't see it investing in 300mm fabs. ADI has much lower volume vs TI but has better pricing. 50% of ADI wafer volume is from external foundries. TSMC is a key foundry partner for ADI. When TSMC's Japan fab comes online 95% of ADI volume can be built outside China & Taiwan but ADI likely stay with Taiwan-based ecosystem"
X Link 2024-12-10T16:31Z 13.8K followers, [----] engagements
"Lam Research a key enabler of 3D NAND stack recently reiterated its opportunity in CY25 even as there is not much greenfield capacity investments in NAND. Lam has about [----] high aspect ratio etch chamber installed base. Also 2/3rds of industry capacity is at sub-200 layer. While Micron recently cut its NAND capex for FY25 it will likely spend on 2xx/2yy layer upgrades"
X Link 2024-12-23T18:11Z 12.4K followers, [----] engagements
"Apple and Samsung accounted for 41% of Qualcomm's revenue in FY24 down from 48% in FY23. Apple revenue declined -11% while Samsung declined -2%. Apple revenue decline is a surprise especially FY24 was an extension year for Apple and Qualcomm had an upper hand. iPhone units up too"
X Link 2024-12-31T16:07Z 15.8K followers, 18.4K engagements
"Apple modem is less profitable for Qualcomm compared to Android business despite the size of the business. Around $9B Apple revenue with 2/3rds from chipset. Qualcomm earns up to 5x ASP on Snapdragon [--] Series compared to Apple modems"
X Link 2025-01-11T17:22Z 12.8K followers, [----] engagements
"Mild growth in smartphone and PC in CY25. Most of the 20% growth CAGR for TSMC driven by AI content in smartphones/PC in addition to DC"
X Link 2025-01-16T06:40Z 16K followers, [----] engagements
"TSMC AI definition includes server CPU/GPU/ASIC/HBM controller (used for training/inference). No edge AI included. High volume HBM die contribution will take [--] year"
X Link 2025-01-16T06:42Z 16K followers, [----] engagements
"SK Hynix 4Q24 - Revenue up 12% q/q and 75% y/y to $14.1B+ driven by HBM and eSSD; PC and smartphone weak - Record revenue and operating profit in Cy24 - HBM 40%+ of DRAM in 4Q24 up from 30%+ in 3Q24; CY24 HBM sales grew 4.5x in [--] - CY25 HBM sales to grow 2x"
X Link 2025-01-23T09:11Z 17.3K followers, 11.9K engagements
"SK Hynix's capex grew 80%+ to $11.5B+ in CY24 but capital intensity remained around 25% vs '23. CY25 capex will increase slightly. Most of the capex is dedicated to HBM and infra. Hynix's HBM revenue alone in '25 will be higher than its total DRAM revenue in '23. A tiny portion of capex is NAND which has shown a slow pace of recovery so far. It would be interesting to see what Samsung WDC LAM TEL AMAT and others say about NAND recovery in '25. Suppliers are taking a rational approach with Hynix and Micron predicting mid-teens % or low DD % bit demand growth in CY25"
X Link 2025-01-26T15:38Z 12.6K followers, [----] engagements
"- DD% growth expectations for SiC in CY25 - China auto revenue up 10% q/q to all-time high; China strength consistent with other auto & industrial semis - Says China auto revenue pull-in due to tariffs is minor and most of the demand is native to China"
X Link 2025-02-04T09:59Z 15.9K followers, [----] engagements
"- 1B capacity idle costs in FY25 (1H weighted); QMar to be the bottom - AI server revenue revised by [---] to E600M for FY25; E1B in [--] years - Backlog remains at 20B in QDec"
X Link 2025-02-04T10:00Z 15.9K followers, [----] engagements
"Tokyo Electron QDec24 - QDec revenue up 16% q/q; QMar will decline 5% q/q - SPE revenue up 23% q/q - No slowdown in China revenue unlike peers; 43% revenue from China in QDec up from 41% in QSep - Cryo etch POR (process of record)"
X Link 2025-02-06T09:56Z 15.9K followers, [----] engagements
"Renesas QDec 24: Revenue down -12% q/q & -19% y/y to $1.96B. Probably an exception when it comes to CY24 auto chip growth. Most of its peers reported weakness. Fab utilization trended down again (35%). Deep industrial correction continue. Retrenchment from IGBT due to Chinese competition"
X Link 2025-02-06T12:10Z 15.9K followers, [----] engagements
"Arm's v9 royalty revenue % stalled at 25% for the [--] straight quarters. But absolute incremental revenue moved forward. Qualcomm's adoption of v8 for flagship PC/smartphone chips affected v9 penetration but v8 revenue grew by $30M+ for Arm in QDec. The v8 increment at this stage is likely driven by Qualcomm"
X Link 2025-02-09T10:36Z 15.9K followers, [----] engagements
"SMIC 4Q24: - 7th straight quarter of q/q growth; Revenue up 2% q/q and 32% y/y to $2.2B (first $2B quarter); QMar will also grow - Wafer shipments (300mm): 885k (-6% q/q) - Wafer ASP: $2306 (+6% q/q) - CY24 cape: $7.3B - CY25 Capex: roughly flat y/y - Utilization: 85%"
X Link 2025-02-11T15:20Z 13.5K followers, [----] engagements
"SanDisk expects NAND bit demand to grow at mid-to-high teens % long term while its capital intensity to be mid-teens %. Argues NAND is not constrained by demand but by cost reductions. NAND pricing and supply poised for inflection in 2HC25 as SanDisk expects LDD% ASP growth in 2H. 540k wafer starts per month with Kioxia JV. Access to 40% capacity. [--] Fabs. 90%+ tool reuse from node to node"
X Link 2025-02-12T13:17Z 12.4K followers, [----] engagements
"NAND WFE capex to grow steadily from the low base of [----]. SanDisk is conservative as usual here vs Lam and TEL. NAND has demand unlike other segments but profitability remains low"
X Link 2025-02-12T13:21Z 12.4K followers, [----] engagements
"Micron despite near term margin pressure due to NAND and higher consumer mix banks on 2H recovery in units content and inventory depletion. MU reduced NAND wafer starts by mid-teens % already. SanDisk also gave positive signals about NAND in 2HC25 as suppliers take rational approach to bit supply"
X Link 2025-02-13T07:45Z 12.4K followers, [----] engagements
"Camtek a key player in advanced packaging equipment notes HBM type of memory (LLW DRAM) for smartphones is [----] and beyond story"
X Link 2025-02-13T07:53Z 12.9K followers, [----] engagements
"AMAT QJan25 - Semi Systems revenue up 3% q/q & 9% y/y to $5.3B; QApr will be roughly flat; avourable mix leading edge (LE) logic and value pricing drove GM to 48.9%; Foundry logic and NAND up y/y and DRAM down - Reduced contribution from China affected DRAM and ICAPS; ICAPS flat q/q and down y/y - China revenue portion to be down to 26% QApr from 31% in QJan; below normalised China revenue of 30%"
X Link 2025-02-14T09:51Z 12.5K followers, [----] engagements
"Tokyo Electron sees WFE flat at $110B in CY25 and double-digit growth for CY26. In CY25 foundry/logic to decline 10-20% while memory to see growth. Leading-edge logic to be flat. China WFE to decline. Maintains NAND to double and DRAM to grow 10-20% in CY25 y/y. China revenue to drop to mid-30s %. In CY26 TEL expects all three segments to grow. NAND to account for 10% of WFE in CY26 flat vs CY25 (in line with DD % overall market growth)"
X Link 2025-02-15T12:32Z 12.5K followers, [----] engagements
"In [----] the semiconductor foundry industry added $22B+ incremental revenue. Of that TSMC alone added around $21B. SMIC is another company that added $1.7B in incremental revenue. Intel and GlobalFoundries each shaved off over half a billion dollar in revenue in CY24"
X Link 2025-02-17T18:17Z 17.3K followers, 11.3K engagements
"Sumco a raw wafer maker says 200mm wafer demand in China virtually dried up for it as local Chinese companies replace it. Also acknowledges China's progress in 3D NAND. China is 10% of Sumco sales and Sumco's strength in leading-edge outside China offsets China weakness. Sumco has been flagging China for a while"
X Link 2025-02-18T12:24Z 17.3K followers, 43.9K engagements
"Cadence and Synopsys both saw their China revenue decelerate in FY24. Cadence's China revenue declined $100M y/y while non-China revenue grew $650M. Cadence attributed the decline to macro and weak hardware sales while Synopsys noted shrinking pool of customer base in China due to restrictions. Synopsys is faring better with China revenue growing in line with the corporate average in FY24 and FY25"
X Link 2025-02-19T10:36Z 16.1K followers, 10.2K engagements
"- Focused on 3D inflections across NAND DRAM and logic to drive SAM share gains; increased etch and deposition intensity will drive Lams SAM - WFE market to grow mid to high single digit % and Lams guidance impliesit will grow at 2x the rate of WFE (equipment revenue) - Memory will be 1/3rd of WFE with higher mix of DRAM; Lam is rational about NAND WFE growth"
X Link 2025-02-20T09:32Z 12.6K followers, [---] engagements
"- DRAM transitions to 4F2 and 3D could generate 1.7x SAM per wafer (1b to 3D); sees 3D DRAM transition outside this decade; sees Cryo etch in the DRAM space as well in addition to NAND - Leading-edge logic inflections GAA/BSPDN/CFET to drive 2x SAM per wafer for Lam (5nm to CFET)"
X Link 2025-02-20T09:33Z 12.6K followers, [----] engagements
"- Foundry/logic revenue saw 49% CAR in the last [--] years; ALD/ALE selective etch copper plating and surface preparation opportunities in Foundry/logic - [--] new tools: Akara conductor etch (DRAM and foundry/logic); Altus Halo: Moly deposition tool (NAND DRAM and logic) - China will become a smaller percentage of WFE and Lam revenue per Lam; most of the growth to come from non-China leading-edge"
X Link 2025-02-20T09:34Z 12.6K followers, [----] engagements
"The semiconductor foundry industry will grow by mid to high teens in CY25. TSMC will capture 88% of incremental revenue. TSMC will grow by 25% while the rest of the industry will grow by mid-to-high single digit percentage. Will be a mixed year for mature node companies with non-AI revenue well below the previous peak"
X Link 2025-02-21T09:52Z 12.6K followers, 11.4K engagements
"ASMI 4Q24 - 5th straight quarter of q/q growth; QMar and QJun will grow as well; Revenue up 4% q/q and 28% y/y to 809M driven by leading edge foundry/logic - Gross margin hits 50% (2nd time in CY24) - New orders down 10% q/q to 731M; strength in GAA and HBM offset by weak China and power/analog/wafer/SiC - QMar revenue will grow 3% q/q to 830M at the mid-point of the guidance; QJun will grow as well"
X Link 2025-02-26T09:48Z 16K followers, [----] engagements
"Synopsys noted its China revenue will grow below corporate average in FY25 vs prior indication of in line with corporate average. Says export controls and China economy drivers behind this. China contribution dropped to 12% in QJan25 from 16% in QOct24. Cadence also flagged this earlier"
X Link 2025-02-27T11:54Z 16.1K followers, [----] engagements
"While GlobalFoundries is building redundant capacity across locations it is open to licensing its process tech to a Chinese partner to meet customers' China for China demands. GloFo's customers Infineon NXP and STMicro are working with Hua Hong and SMIC. STM even transferred its 40nm eNVM process tech to Hua Hong (aside from SiC JV with Sanan)"
X Link 2025-03-10T17:24Z 16.2K followers, [----] engagements
"Cadence and Synopsys together had around $7.4B core EDA revenue up 7% y/y. Around 65-70% of their revenue comes from core EDA. Their revenue growth is tied up with chip companies' R&D spent (up to 13% of budget). Synopsys' EDA revenue grew 16% CAGR between [----] and [----] while Cadence posted 13%. Both issued double-digit growth guidance for FY25. Cadence is strong in analog and hardware emulation areas while Synopsys is strong in digital. Both have intensified their AI effort to capture more R&D dollars from chip (system and traditional semi) companies"
X Link 2025-03-28T17:30Z 16.1K followers, [----] engagements
"TSMC 1Q25 vs 1Q24 Revenue: $25.526B (+35%) Gross Margin: 58.8% (53.1%) Operating Margin: 48.5% (42%) CapEx: $10.1B (+74%) Wafer Shipments: [-----] m (+8%) Wafer ASP: $6806 (+25%)"
X Link 2025-04-17T05:45Z 16K followers, 13.2K engagements
"Intel's IMS mask writing equipment business is on half a billion dollar revenue run-rate based on its latest revenue reclassification. IMS is in 'All Other' now. Also around 45% of NEX business moved CCG and the rest to DCAI based n new reorganization"
X Link 2025-04-26T18:10Z 15.9K followers, [----] engagements
"Qorvo QMar25 - Revenue down -8% q/q and -5% y/y to $869M; QJun will decline -11% q/q - Apple revenue grew 25% in FY25; Apple 47% and Samsung 10% in FY25 Secured 10% content growth in iPhone [--] cycles; sole sourced ET PMIC in Apple baseband platforms;"
X Link 2025-04-30T10:37Z 15.9K followers, 10.1K engagements
"Tokyo Electron QMar25 - QMar revenue up 20% q/q; 47.4% GM; FY26 revenue will grow 7% y/y - SPE revenue down 1% q/q; SPE to grow at 5% (will underperform vs Lam) - Healthy China revenue; 44% revenue from China in QMar down from 43% in QDec"
X Link 2025-04-30T10:45Z 15.9K followers, [----] engagements
"- Client down by 1% q/q to $2.6B; desktop traction; richer NB mix; units down by DD % q/q but revenue flat; AI PC revenue up 50%+ q/q - Claims revenue share gains in Client - Client above seasonal in 1Q and will be the case in 2Q; insists not much pull-in; 2H sub-seasonal"
X Link 2025-05-07T10:34Z 16.7K followers, [----] engagements
"- Maintains strong DD % growth in CY25 growth expectations - In QJun Client & Gaming to grow DD % Embedded to stay flat and DC to decline - Gaming up 15% q/q to $647M; semi-custom up and will grow y/y in CY25 - Embedded down -11% q/q to $823M; will be flat q/q in 2Q; 2H will return to y/y growth https://twitter.com/i/web/status/1920064835448082483 https://twitter.com/i/web/status/1920064835448082483"
X Link 2025-05-07T10:35Z 16.7K followers, [----] engagements
"Infineon QMar25 - Revenue up 5% q/q and dow -1% y/y to 3.59B; Reached the bottom in QDec; QJun will grow 3% q/q - FY25 revenue forecast revised to slightly down y/y (vs prior flat/slightly up) - Auto customer pull-ins to affect FY25; 10% revenue impact from tariffs in 4QFY25"
X Link 2025-05-08T10:46Z 15.9K followers, [----] engagements
"SMIC 1Q25 - Revenue up 2% q/q and 28% y/y to $2.25B (below the guidance of 6-8% growth); blames fab production fluctuations in the latter part of 1Q - Wafer shipments (300mm equivalent): 1019k (up 15% q/q ) - Wafer ASP: $2051 (-11% q/q) - Utilization rate: 89.6% (vs 85.5% in 4Q24) - CY25 CapEx is expected to be similar to CY24 ($7B+) https://twitter.com/i/web/status/1920785266975142116 https://twitter.com/i/web/status/1920785266975142116"
X Link 2025-05-09T10:17Z 16.8K followers, [----] engagements
"Xiaomi surfaced as a 10%+ customer at both Qualcomm and MediaTek in CY24. Both have three 10%+ customers (all mobile). On the supply side MediaTek contributed 4%+ revenue to TSMC"
X Link 2025-05-11T10:24Z 15.8K followers, 17.4K engagements
"Qualcomm's Cristiano thinks Xiaomi chip is targeted at people who want to have a domestic chip in China and its business with Xiaomi will likely increase. Also suggests Xiaomi relationship will evolve like Samsung and other supplier (MediaTek) will likely lose. (comments the Bernstein conference)"
X Link 2025-05-31T09:33Z 16.1K followers, 26.1K engagements
"NXP has 36% China exposure. Half domestic and half multinationals. Of the half 1/3rd is supported by domestic fabs including TSMC Nanjing Hua Hong and SMIC (China for China). NXP outsources 60% of its wafers to 3rd party foundries and build the rest in-house. No 300mm in-house fab but partnership with VIS on 300mm will drive its gross margins by 200bps. https://twitter.com/i/web/status/1929235893094875626 https://twitter.com/i/web/status/1929235893094875626"
X Link 2025-06-01T17:57Z 16.8K followers, [----] engagements
"Google is now one of the top customers for Samsung. Between Pixel components (foundry modem RF CIS display etc.) and HBM Google has become a top customer. Also this shows the foundry revenue drop from the likes of Qualcomm"
X Link 2025-06-13T09:13Z 16.1K followers, [----] engagements
"Renesas targets $1-$1.5B revenue from its software by [----] driven by Altium acquisition. Altium offers PCB EDA software. Unlike traditional PCB EDA companies (Mentor and cadence) Renesas plans to leverage this to offer a cloud platform for board designers to promote its components like MCU PMIC and SoCs"
X Link 2025-07-01T15:32Z 15.5K followers, [----] engagements
"Soitec insists Apple modem creates it an opportunity though lost Qualcomm's share in iPhones drop to 70% in this year's launch. QCOM Soitec content include FD-SOI mmWave RF front-end and envelop trackers. Soitec's new POI reached $100M revenue in FY25 and used in RF filters in iPhone 16e. Some interesting things are happening on the RF side of Apple with the introduction of Apple modem"
X Link 2025-07-03T16:28Z 15.5K followers, [----] engagements
"TSMC 2Q25; Beats the high-end of rev guidance despite FX impact GM close to high-end of the guidance and OPM high-end guidance. 2Q25 vs 2Q24 Revenue: $30.070B (+44%) Gross Margin: 58.6% (53.2%) Operating Margin: 49.6% (42.5%) CapEx: $9.6B (+51%) Wafer Shipments: [-----] m (+19%) Wafer ASP: $7027 (+21%) https://twitter.com/i/web/status/1945722912365006943 https://twitter.com/i/web/status/1945722912365006943"
X Link 2025-07-17T05:51Z 17.3K followers, 27.4K engagements
"ASMI 2Q25 - [--] straight quarter of y/y growth; [--] quarter q/q streaks ends; QSep will grow -5% to 0%; 80%+ of revenue in USD; 2H to be flat vs 1H - New orders down 16% q/q to 703M - Lower leading-edge foundry/logic orders in 2Q but expects to pick up in 3Q; China booking to trend lower in 3Q - Backlog shrunk by -15% in 2Q and book-to-bill was 0.8"
X Link 2025-07-23T10:07Z 15.9K followers, [----] engagements
"- Revenue down -0.4% q/q and up 18% y/y to 836M driven by 2nm GAA HBM and China; 51.4% GM (down [---] bps q/q); China mix helped to keep GM healthy - Maintains 10-20% y/y growth at constant currencies in CY25 implying 3.2-3.5B (slightly reduced high-end guidance vs prior 3.6B); noted last quarter low-end secured - Maintains GM target of 46-50% for CY25"
X Link 2025-07-23T10:08Z 15.9K followers, [---] engagements
"Cadence QJun25 - Revenue up 3% q/q and 20% y/y to $1.275B; QSep will grow by 2-5% q/q and QDec will grow by 8%+ q/q; FY25 guidance raised by $50M (+13% y/y) - China outlook upgraded to slight growth from flat for FY25 - China revenue 9% down from 11% in QMar; China will trend lower longer term as rest of the world outperforms; adjustments in China backlog https://twitter.com/i/web/status/1950170649479303396 https://twitter.com/i/web/status/1950170649479303396"
X Link 2025-07-29T12:24Z 16.5K followers, [----] engagements
"UMC 2Q25 - Revenue up 15% q/q and 15% y/y to $2B - Wafer shipments up 6% q/q to 967k - Wafer ASP up 8% to $1971 - CY25 Capex remains unchanged at $1.8B (-61% y/y) - Utilization rate [--] percentage points q/q to 76% - 55% rev from 28nm/40nm vs 45% year ago"
X Link 2025-07-30T08:56Z 15.8K followers, [----] engagements
"- Intel 12nm collaboration on track; 1st PDK in Jun-26 for 1st wave customers - Every 1% appreciation of TWD affects 0.4-0.5 percentage points of GM - CY25 UMC growth will be slightly better than addressable market growth"
X Link 2025-07-30T09:38Z 15.8K followers, [----] engagements
"- Auto & industrial inventory still high - FinFET high voltage solution on roadmap - near-term 22nm/28nm growth mainly from comms/computing; from '26 more diverse applications; above corp avg utilization - 12i Singapore fab on track for '26"
X Link 2025-07-30T09:38Z 15.8K followers, [----] engagements
"Qualcomm QJun25 - Semi revenue down -5% q/q and up 12% y/y to $9B; Handset auto and IoT up y/y for 4th straight quarter - In advanced discussions with an hyperscaler on DC chip supply; revenue from FY28 (starts in Oct 27) if all goes well - Handset below expectations due to weaker mix while auto and IoT above expectations"
X Link 2025-07-31T13:09Z 15.9K followers, 28.2K engagements
"- Specifically calls AR1 platform as driver behind IoT outperformance - QCT will grow 4% q/q with 27-29% EBT in QSep - Handsets to grow 5% q/q; IoT to be flat and auto to cross the $1B mark in QSep - No evidence of pull ins from Chinese OEMs"
X Link 2025-07-31T13:10Z 15.9K followers, [---] engagements
"- New 2nm smartphone chip announcement at the end of Sep; high interest Xiaomi will be the first OEM with 2nm Snapdragon chip - Even without Apple sees very strong QDec - Sees 75% share in Samsung flagships as the baseline for it - Android handset business up 10% y/y in FY25"
X Link 2025-07-31T13:11Z 15.9K followers, [----] engagements
"Arm QJun25 - Revenue down -15% q/q and up 12% y/y to $1.053B at 97.2% GM; 2nd straight $1B and 2nd highest ever quarter - Claims 50% of CPU share in top hyperscalers in CY25 vs 18% last year; can grow beyond that - Royalty driven by v9 CSS and DC - GPU IP commitment from a smartphone OEM through [----] https://twitter.com/i/web/status/1950907947808071995 https://twitter.com/i/web/status/1950907947808071995"
X Link 2025-07-31T13:14Z 16.7K followers, [----] engagements
"KLA QJun25 - Revenue up 4% q/q and 24% y/y to $3.175B at 63.2% GM (both above the mid pt guidance) - Leading-edge logic HBM advanced packaging (AP) key drivers - Raises AP guidance for CY25 to $925M up from $850M; 3rd upward revision this yr - Maintains China to be 30% of CY25 revenue down from 41% in CY24"
X Link 2025-08-01T10:06Z 16K followers, [----] engagements
"WFE spent on advanced packaging from leading-edge logic customers grew 6x from 1% in [----] per Lam Research driven by AI. Mobile AP and PC CPUs will add to it"
X Link 2025-08-03T12:06Z 15.9K followers, [----] engagements
"Microchip QMar25 - Turns the corner with first sequential growth [--] quarters. Revenue up 11% q/q (vs 8% guidance) and down 13.4% y/y to $1.075B; QSep will grow q/q too. QDec and QMar will be above seasonal - All regions up q/q and both business segments (MCU and analog) up q/q in QJun - 54.3% GM; ex-inventory write-offs and underutilization GM would have been 66.3% - In QDec internal utilization will see uptick"
X Link 2025-08-08T10:17Z 16.2K followers, [----] engagements
"KLA sees leading-edge momentum continuing into [----]. DRAM/HBM investment to continue. China normalization and non-China mature node stable. Advanced packaging (AP) will grow as well. An area of strength for KLA as it revised its AP revenue [--] times already this year to $925M (3x vs 2023). KLA will outperform [----] WFE growth of MSD%. AP overall WFE is now $10B. Earlier in earnings call KLA noted it can hit $14B revenue target without needing the $125B WFE market"
X Link 2025-09-12T10:51Z 16K followers, 15.1K engagements
"Analog Devices has a growing presence in AI/DC with its content in HBM testers and vertical power. Its AI revenue will grow from $400M in FY24 to $500-$600M in FY25. Claims to have hundreds of thousands of dollars content per tester. Two new wins in vertical power and optical switching in FY26 could add $100M at full run-rate. https://twitter.com/i/web/status/1968313105563177157 https://twitter.com/i/web/status/1968313105563177157"
X Link 2025-09-17T13:56Z 16.5K followers, [----] engagements
"ASMI has a forecast of $155B WFE by [----]. The company counters the argument of equipment reuse from node to node reducing WFE TAM in future. TSMC is known for reuse and Intel noted it will do too. Despite some reuse ASMI sees new architectures such as BSPDN (more process steps) and new materials driving new equipment"
X Link 2025-09-26T10:22Z 15.7K followers, [----] engagements
"Nanya 3Q25 - Continued DDR4 supply constraints drove mid-20s % q/q bit shipment growth - Revenue up 83% q/q and 158% y/y to $660M (in USD terms); [----] percentage points of GM improvement q/q - QDec bit shipments will be at the same levels QSep with potential for slight q/q growth - DDR4 and LPDDR4 will continue to be major products for a longer duration - 8GB DDR4 is a sweet spot for many consumer applications; consumer 60% of revenue - Y/Y bit shipment growth in [----] will be challenging due to high [----] baseline"
X Link 2025-10-13T11:00Z 15.9K followers, [----] engagements
"- CY26 monthly bit shipments are expected to stay within a range of plus or minus 10% of the current high point - CY25 bit shipment guidance lifted to 50% from 40% in QSep (3rd upward revision this yr). - CY25 Capex guidance reduced by 18% for CY25 (vs QJun guidance) - CY26 capex to remain low; wafer capacity to remain similar to CY25 (65k wafers/month). - No major capacity increase until the new fab is ready in 2027; Equipment installation is planned to happen from 2Q27 for a new fab"
X Link 2025-10-13T11:00Z 15.6K followers, [----] engagements
"ASML exited 2QC25 with 33B backlog and already secured full coverage for DUV and EUV for CY25. 58% of backlog stretches into CY26 and beyond and covers 75%+ of CY26 system revenue (assuming flat y/y). Assuming they hit 3.1B order on average for the next [--] quarters CY26 growth possible (barring any cancellations). Trends are positive with TSMC going full speed on N2 ramp Intel talking about 18A capacity additions and Samsung Taylor fab kicking off. Memory is firing as well"
X Link 2025-10-14T10:31Z 17.3K followers, 29K engagements
"ASML 3Q25 - Revenue down -2% q/q & up 1% y/y to 7.52B (below mid pt guidance); CY25 on track for 15% growth - Implied CY26 will be flat to up; 32-33B backlog exiting 3Q25; Near 100% coverage for CY26 (at flat growth) - Net bookings down -3% q/q but up 103% y/y to 5.4B; EUV booking up 57% q/q; DUV down -44%; Memory up 186% q/q"
X Link 2025-10-15T06:07Z 17.3K followers, 58.8K engagements
"- EUV revenue down -21% q/q while DUV up 15% - EUV ASP down -4% q/q to 235M - EUV system shipments down by [--] to [--] - [--] HNA rev rec in 3Q25 - Non-China DUV up 34% q/q"
X Link 2025-10-15T06:08Z 15.6K followers, [----] engagements
"- 51.6% GM vs 50-52% guidance likely driven by higher mix of 3800; - 4Q25 revenue will grow 26% q/q & 3% y/y to 9.5B (mid pt); GM: 51-53% - CY25: 32.5B rev (mid-pt of guidance) at 52% GM; CY26 will be flat to up; trends looking positive - CY30 guidance of 44-60B at 56-60% GM remains intact"
X Link 2025-10-15T06:09Z 15.6K followers, [----] engagements
"TSMC 3Q25: Revenue GM and OPM high-end guidance. 3Q25 vs 3Q24:Revenue: $33.09B (+10% q/q & +41% y/y) Gross Margin: 59.5% (57.8%) Operating Margin: 50.6% (47.5%) CapEx: $9.7B (+51%) Wafer Shipments: [-----] m (+22%) Wafer ASP: $7040 (+15%)"
X Link 2025-10-16T05:52Z 17.3K followers, 19.3K engagements
"All end markets up DD% q/q. Smartphones drove $1.8B incremental rev while HPC drove almost $0.8B. Smartphone drove 60% of incremental rev and up 14% q/q and 18% y/y. Auto all-time-high for the 3nd straight quarter"
X Link 2025-10-16T05:56Z 15.6K followers, [----] engagements
"Overseas GM dilution 2% in 2H25; for CY25 1-2% dilution vs prior 2-4%. 2-3% in early stage and 3-4% in later stages"
X Link 2025-10-16T06:10Z 15.5K followers, [---] engagements
"AI demand remains strong. CY25 capex $40-$42B vs prior $38-$42B. 70% on advanced nodes 10-20% speciality 10-20% advanced packaging testing mask making and others"
X Link 2025-10-16T06:12Z 15.5K followers, [---] engagements
"Advanced packaging now approaching 10% of total revenue. On Intel foundry competition says it's a good customer for leading-edge"
X Link 2025-10-16T07:03Z 15.5K followers, [---] engagements
"Summary - Revenue/GM/OPM all above guidance for Q3; Q4 guidance better than expected - Gross margin strength is commendable despite multiple headwinds - Raises CY25 revenue guidance to mid-30s - Raises CY25 capex windows to 40-42B vs 38-42B"
X Link 2025-10-16T07:05Z 15.5K followers, [----] engagements
"TSMC's N3 (3nm) is on track to outperform N5 and N7 in terms of first [--] years of cumulative revenue. N3 will have 45% higher vs N5 while N5 had 21% higher vs N7. Despite N3 outperformance it remains to be seen whether it can beat N5 revenue peak (this year)"
X Link 2025-10-17T15:50Z 17.3K followers, 10K engagements
"While ASML says bookings are not a good proxy for next year revenue there are some trends. [----] revenue is probably locked by bookings from mid [----] to mid [----] and plus some carry overs. With lead time of 12-18 months 6Q lag between revenue and bookings have better correlation than 4Q lag. Recent quarter trends point to a narrowed gap between [--] quarter and [--] quarter lag meaning shorter order to revenue"
X Link 2025-10-18T17:00Z 15.6K followers, [----] engagements
"Lam QSep25 - Accelerated NAND upgrades CY25 WFE upgrade solid set up for CY26 China pop up in 3Q but will decelerate in '26 $8B WFE for incremental $100B DC AI spent - Revenue up 3% q/q and 28% y/y to $5.3B at 50.6% GM - 4Q guidance better than expected; prior expectation was 2H even with 1H but now 2H will grow 6%+; driven by DRAM strength"
X Link 2025-10-23T14:16Z 15.7K followers, [----] engagements
"- Upgrades CY25 WFE estimate again; better than $105B - NAND trending better than expected in CY25 - Solid set up for CY26 WFE with growth across DRAM NAND and Foundry/Logic; China decline will be offset by growth in non-China - 2H261H26 with 1H26 to be flat to up vs 2H25 - China new restrictions impact: $200M impact in QDec25 and $600M in CY26; similar to AMAT guidance - China will be 30% of revenue in CY26 from"
X Link 2025-10-23T14:16Z 15.7K followers, [----] engagements
"Qorvo-Skyworks merger. Unexpected one. Diversification beyond mobile play while consolidating mobile dominance. $7.7B combined revenue. 2/3rd mobile. 55% Apple exposure. SD % China Android exposure. Confident of customer/regulatory approvals (1Q27 closure). Key competitor QCOM stopped disclosing its RF front-end revenue. Broadcom still in the RFFE game despite losing Apple Wi-Fi socket"
X Link 2025-10-28T12:35Z 15.7K followers, 11K engagements
"Cadence QJun25 - Revenue up 5% q/q and 10% y/y to $1.339B at 86.4% GM and 31.8% OPM; QSep will grow by 6% to $1.4B - outperformance driven by AI infra build out China and internal silicon of system companies; Mag [--] plus merchant(NVDA/Broadcom/AMD) strength -FY26 likely a strong yr; Exiting FY25 with record backlog; framework remains DD growth; IP hardware and SD &A will be strong in [--] https://twitter.com/i/web/status/1983183727166419328 https://twitter.com/i/web/status/1983183727166419328"
X Link 2025-10-28T14:47Z 16.5K followers, [----] engagements
"Amkor QSep25 - Revenue up 32% q/q and 7% y/y to $1.987B (above 27% guidance); 4Q revenue will decline 8% q/q due to Apple decline - FY25 capex revised +12% to $950M; incremental capex will go to Arizona which will be operational in early 28; majority of capex on RDL-based packaging - All end markets up q/q with comms driving 85% of incremental revenue driven by Apple seasonality"
X Link 2025-10-28T15:07Z 16K followers, [----] engagements
"@insane_analyst Yeah RF TAM has been declining from last [--] years. QCOM even stopped disclosing. But hard to think this will pass China regulatory test"
X Link 2025-10-28T15:10Z 15.6K followers, [---] engagements
"NXP 3Q25 - Revenue up 8% q/q and down -2% to $3.173B; QDec will grow 4% q/q; QMar26 will be in line with pre-covid seasonality (HSD % decline) - All end markets up q/q; except for comms all other end markets will grow q/q in QDec - Channel inventory flat at [--] quarters; will stay in 9-10 weeks range in QDec"
X Link 2025-10-28T16:09Z 16K followers, [----] engagements
"UMC 3Q25 - Revenue down -3% q/q and up 5% y/y to $1.94B - Wafer shipments up 3% q/q to 1M (300mm equivalent) - Wafer ASP down -7% to $1843 - CY25 Capex remains unchanged at $1.8B (-61% y/y) - Utilization rate up [--] percentage points q/q to 78% - 52% rev from 28nm/40nm vs 55% in 2Q"
X Link 2025-10-29T08:51Z 15.7K followers, [----] engagements
"SK Hynix 3Q25 - Revenue up 11% q/q and 36% y/y to $17.6B - HBM/DRAM/NAND all sold out for [--]. Since [----] every year HBM sold out - HBM will remain tight into [--] as well vs demand - HBM4 shipment to begin in 4Q25 and will expand in 26"
X Link 2025-10-29T08:58Z 16.1K followers, 14.7K engagements
"- Capex to grow massively in '26 - Starting with HBM4E custom HBM kicks off. More customer lock-in and demand predictability - HBM3E-12HI a key driver behind DRAM bit growth in 3Q - 30% CAGR for HBM for the next [--] yrs - allocating more capacity to increase its HBM supply"
X Link 2025-10-29T09:00Z 15.7K followers, [----] engagements
"- 1C DRAM node to account for 50% of conventional DRAM in Korea by the end of [--] - Customers asking for long term agreements in conventional DRAM and NAND as well due to supply tightness -M15X fab ahead of schedule (HBM ramp in 26); Yong-in Fab [--] ahead of schedule as well (originally planned for May 2027) - DRAM bit demand to grow from high-teens % in [--] to 20% in 26"
X Link 2025-10-29T09:01Z 15.7K followers, [---] engagements
"- DRAM bit shipments up HSD% q/q (above guidance) while ASP up MSD %; strong ASP growth in conventional DRAM due to end of life notices - For Q4 DRAM bit shipments are expected to increase by LSD% - narrowed profitability gap between HBM and conventional DRAM - If supply remains tight next year the profit margin for conventional DRAM could rise to levels close to that of HBM - accelerate the transition of existing capacity to advanced nodes for conventional DRAM - DRAM inventory level has fallen and is now extremely low"
X Link 2025-10-29T09:03Z 15.7K followers, [----] engagements
"- expects order downward trend to bottom out in 4Q; orders to pick in [--] - Start of 14nm pilot lines in 2H26 DRAM/advanced logic and recovery in SiC will help [--] orders - China demand to normalize in [--] with DD% decline - Incremental SAM due to 100k wspm of 1.4nm: $450-500M - Incremental SAM due to 100k wspm of 4F2 (from 6F2): $400-450 M"
X Link 2025-10-29T09:06Z 15.7K followers, [----] engagements
"Samsung 3Q25 - Semi revenue up 20% q/q and 10% y/y to $23.9B; Memory up 27% q/q and non-memory down -4% - All-time high for memory business driven by HBM3E and eSSDs - HBM bit shipments increased by a mid-80% q/q - [----] memory capex to grow significantly; similar to MU and Hynix"
X Link 2025-10-30T10:48Z 15.7K followers, [----] engagements
"- HBM mix has now fully transitioned to HBM3E - HBM high-density DDR5 LPDDR5X and GDDR7 for servers key growth areas in 3Q - 29B semiconductor capex in CY25 down 12% - [----] foundry capex reduced; focus on node conversions - [----] foundry capex is dependent on demand; but will raise to [----] level with a focus on SF2 gen2"
X Link 2025-10-30T10:49Z 15.7K followers, [---] engagements
"- DRAM bit shipments up mid-teens % q/q; ASP up by mid-10%; higher mix of HBM - HSD% bit shipment growth in 4Q - No comment on HBM4 qualification status at NVDA - HBM4 samples sent to customers and ready for mass production HBM demand grow at a faster pace than supply [----] HBM bit production plan was set reflecting a significant y/y increase"
X Link 2025-10-30T10:50Z 15.7K followers, [---] engagements
"- Expects DRAM prices to increase further in 4Q; increased focus on servers creating shortages in mobile and PC - Sees strong Ai and non-AI server demand in [--] - Legacy DRAM supply constraints to continue into [--] - [--] DRAM capex to focus on boosting 1b production; DRAM share will increase in capex vs 25"
X Link 2025-10-30T10:50Z 15.7K followers, [---] engagements
"- NAND bit shipments up 10% q/q and ASPs up MSD% - NAND prices are expected to raise further - 4Q NAND bit shipments to decline 10% due to lower inventory but server SSD bit shipments to grow (similar to Hynix) - Focus on high-density and profitable segments in NAND similar to DRAM"
X Link 2025-10-30T10:50Z 15.9K followers, [---] engagements
"- Foundry utilization up; despite export controls foundry revenue sustained at previous quarter levels; profitability up - SF2 mass production started - [--] to see foundry revenue growth from 3nm and 2nm expansion - Taylor Fab on to commence operations in 26"
X Link 2025-10-30T10:51Z 15.9K followers, [----] engagements
"KLA QSep25 - Revenue up 1% q/q and 13% y/y to $3.2B at 62.5% GM; QDec will be flat; - DRAM/NAND down while foundry/logic up q/q; In QDec foundry/logic will decline while DRAM/NAND will grow - Retains $925M+ advanced packaging (AP) revenue guidance for CY25; up 85% y/y"
X Link 2025-10-30T10:52Z 16K followers, [----] engagements
"- Upgrades CY25 WFE guidance - CY26 will be a growth year for the industry and KLA - - China revenue pops up to 39% but will decline to high-20s in QDec and mid-20s in [--] - $300-$350M export control impact in 26; LAM and AMAT have $600M impact"
X Link 2025-10-30T10:53Z 15.9K followers, [---] engagements
"- Agrees with Lams math of $8B WFE for $100B incremental DC spent but would $2B for packaging. So total $10B WFE for $100B DC spent - AP WFE is $11B in [--] and growing faster than front-end WFE - Process control intensity going up in DRAM due to HBM by 200bps; in AP PC intensity is 5-6% N2 node is more process control-intensive than N3"
X Link 2025-10-30T10:54Z 15.7K followers, [---] engagements
"- strong sense of urgency from customers particularly in DRAM - Riding on repurposed front-end tools to address AP (driven by customers) - DRAM has again become a technology driver for KLA - Lead times have normalized and are now in the 7-9 month range"
X Link 2025-10-30T10:54Z 15.8K followers, 18.7K engagements
"- complex chip designs shorter product cycles and higher-value wafers leading to higher process control intensity - broad landscape of leading-edge design space good for KLA as it drives PC intensity - Process control intensity going up in DRAM due to HBM by 200bps; in AP PC intensity is 5-6%"
X Link 2025-10-30T10:55Z 15.7K followers, [----] engagements
"MediaTek 3Q25: $4.7B+ revenue. GM of 46.5% below mid point guidance of 47%. Likely driven by flagship smartphone chips"
X Link 2025-10-31T07:00Z 15.9K followers, [----] engagements
"Every $1 of TWD appreciation vs USD reduces MTK's TWD revenue by 1%. USD revenue at the high end guidance driven by better than expected Dimensity [----] demand"
X Link 2025-10-31T07:07Z 15.9K followers, [----] engagements
"Reitarates ASIC revenue target of $1B in CY26 and multiple billions in CY27. More complex follow on project is expected to generate revenue from '28 and beyond"
X Link 2025-10-31T07:10Z 15.9K followers, 27.2K engagements
"Plans to capture 10-15% share of $50B CSP ASIC TAM by '28"
X Link 2025-10-31T07:23Z 15.9K followers, [----] engagements
"Foundry capacity is tight and MediaTek will pass on increased costs to customers"
X Link 2025-10-31T07:25Z 15.9K followers, [----] engagements
"By '27 DC ASIC business will be a major incremental revenue contributor. Next year as well"
X Link 2025-10-31T07:55Z 15.9K followers, [----] engagements
"Reconfirms MediaTek is not an Arm CSS licensee Arm has a different version here"
X Link 2025-10-31T07:59Z 15.9K followers, 15.4K engagements
"Tokyo Electron QSep25 - WFE underperformance play - Revenue up 12.4% q/q and y/y to $4.3B within this SPE (Semi Process Equipment) was 72% and grew 13% q/q and 11% y/y - China revenue up 17% q/q; 40.3% of total revenue; Lam ASML KLA ASMI also reported China pop up in 3Q"
X Link 2025-10-31T08:26Z 15.9K followers, [----] engagements
"- CY25 WFE $115B unchanged (includes back-end WFE as well); Lam's $105B number excludes that - TEL will underperform WFE in CY25 - Sees mature node WFE staying flat in CY26 while DRAM/HBM/NAND/Leading-edge Foundry/logic will see growth"
X Link 2025-10-31T08:29Z 15.9K followers, [----] engagements
"Lam Research's equipment revenue will grow 40% y/y in '25 vs mid-to-high-single digit WFE industry growth. Massive outperformance mostly driven by foundry/logic which accounted for 2/3rds of system revenue. Memory used to be 2/3rd now the other way around. Driven by GAA advanced packaging and backside power. https://twitter.com/i/web/status/1984590293916856799 https://twitter.com/i/web/status/1984590293916856799"
X Link 2025-11-01T11:56Z 16.4K followers, [----] engagements
"KLA notes sense of urgency from DRAM customers as they ramp up HBM capacity. All [--] major memory companies issued strong capex guidance for [--]. KLAs lead times are in the range of 7-9 months and likely booked a good chunk of orders for next year already"
X Link 2025-11-02T11:56Z 15.9K followers, 64K engagements
"Teradyne highlights N2 and WMCM will likely increase the test intensity by double-digits. But the company is not holding its breathe as smartphone unit growth has stalled. Teradyne's mobile SoC test equipment revenue is running at less than half of previous peak and incremental revenue is mostly from non-mobile (AI)"
X Link 2025-11-03T09:40Z 15.8K followers, [----] engagements
"ON Semi 3Q25 - Revenue up 2% q/q and down -12% y/y to $1.55B at 37.9% GM; 9th consecutive quarter of y/y decline; QDec will see decline too at mid point guidance - $250M AI revenue in [--] share gains - Industrial down for [--] straight quarters y/y while auto down for [--] straight quarters"
X Link 2025-11-04T11:04Z 15.9K followers, [----] engagements
"- Utilization ticks up to 74% - Lead times increased to [--] weeks - Auto appears to have bottomed - Auto and industrial will decline again in QDec - [---] days of inventory; [----] weeks of channel inventory - demand is stabilizing no broad restocking yet - Expects to grow in China - Replenishment cycle around the corner in autos"
X Link 2025-11-04T11:05Z 15.9K followers, [----] engagements
"Qorvo QSep25 - Revenue up 29% q/q and down 1% y/y to $1.06B at 49.7% GM; QDec will decline by 7% - Apple revenue up 73% q/q - 10% content growth at Apple in iPhone [--] cycle - Mas market Android exit; low-end Android to decline by $200M in FY26 and FY27 each; 2H weighted"
X Link 2025-11-04T11:06Z 15.9K followers, [----] engagements
"- 2/3rd of manufacturing costs external - $65M China Android revenue vs $100M last quarter - Content gains in Samsung foldables but indicates S26 content will decline - Mobile UWB exit - Factory consolidation low-end Android exit and overall improved mix of Analog business positive for GM"
X Link 2025-11-04T11:06Z 15.8K followers, [----] engagements
"AMD 3Q25 - Revenue up 20% q/q and 36% y/y to $9.2B; all end markets up q/q - QDec rev will grow 4% q/q and 26% y/y to $9.6B; except gaming all other end markets will grow - All-time high quarter for Datacenter and PC - All-time high quarter for Client and server CPU revenue; Instinct GPU grew as well q/q driven by sharp MI355 ramp but server CPU outgrew and will be the case in QDec - DC revenue up 34% q/q and 22% y/y to $4.3B"
X Link 2025-11-05T09:41Z 15.9K followers, 12.1K engagements
"Skyworks QSep25 - Revenue up 14% q/q and 7% y/y to $1.1B at 46.5%GM; QDec will decline 10% q/q - Apple revenue better than expected to due to mix and higher units - Apple 67% of revenue and up 5% y/y - Google revenue up q/q and will grow in QDec"
X Link 2025-11-05T09:46Z 15.9K followers, [----] engagements
"- Apple internal modem viewed as positive for future sockets - Broad Markets 3% q/q and 7% y/y; - now representing an approximately $1.5 billion business with margins above the corporate average; auto $65M quarterly run-rate"
X Link 2025-11-05T09:47Z 15.8K followers, [----] engagements
"Arm QSep25 - Revenue up [--] % q/q and 34% y/y to $1.14B (above mid point guidance); 3rd straight billion-dollar quarter - Royalty up 21% y/y to $620M; higher royalty smartphone chips and datacenter drove; growth in all end markets - QDec will see 8% q/q growth to $1.225B; royalties to grow 20% and licensing 25-30% y/y"
X Link 2025-11-06T07:54Z 15.9K followers, [----] engagements
"- ACV up 28% y/y; well above licensing long-term CAGR of mid-to-high single-digit - Increased R&D to fund compute SoCs as Arm ventures into chips - Smartphone Lumex CSS had [---] people and 100s of million of investment; early revenue started - Ethernet IP acquisition from DreamBig Semiconductor"
X Link 2025-11-06T07:55Z 16K followers, [----] engagements
"- +41% q/q jump in related party revenue driven by SoftBank licenses; $178M; will be the run-rate going forward; license plus design services; the latter is low margin; Stargate related revenue - The company will talk about own chips once products taped out samples out from the fab and it secures non-cancellable orders - Expects Cloud royalties (which includes server CPU) contribution to go up to 15-20% in FY26 vs 10% in FY25 - China demand strong driven by licensing; one of largest licensing deals"
X Link 2025-11-06T07:55Z 16K followers, [----] engagements
"Qualcomm QSep25 - Revenue up 9% q/q and 10% y/y to $11.3B (above the high-end guidance); $11.8-$12.6B guidance for QDec - QCT revenue up 9% q/q and 13% y/y to $9.8B at 29% EBT; all end markets up q/q; $10.3-$10.9B guidance for QDec - Inflection point in smart glasses; for the 2nd straight quarter calls out it as a growth driver; design-wins in Meta; Ahead of targets in auto and XR - Handset revenue of $7B up 10% q/q and 14% y/y; driven by premium tier Android and new Snapdragon [--] Elite 5"
X Link 2025-11-06T07:57Z 15.9K followers, [----] engagements
"- Handset revenue to grow low-teens % q/q in QDec; most of the incremental from Android though some benefit from Apple as well - Apple (21%) Samsung (20%) and Xiaomi (13%) top-3 customers in FY25 (my interpretation) - Premium tier expansion and content growth driving handset revenue - OEM competition and consumer desire to upgrade factors as well in premium tier growth; sees this as a sustainable trend"
X Link 2025-11-06T07:57Z 15.9K followers, [---] engagements
"- Targets 75% baseline share for S26; been saying this for a while - No change in 20% Apple share assumption in FY26 launches - No pull forward from China - IoT revenue up 8% q/q and 7% y/y to $1/8B; driven by AI smart glasses - IoT will decline in QDec driven by consumer seasonality - IoT will grow in FY26 vs FY25"
X Link 2025-11-06T07:57Z 15.9K followers, [---] engagements
"- Says multiple billions of DC revenue [--] yrs from now; revenue starts from FY27 (starts from Oct 26) - [--] areas of focus within DC: CPU and inference - Sticks to its non-HBM DC inference approach; says it is differentiated in compute density and power consumption - Alphawave closure in 1Q26 - DC opex incremental to spending profile; shifting opex dollars from mature businesses such as handsets"
X Link 2025-11-06T07:58Z 15.9K followers, [---] engagements
"- Licensing revenue $1.4B; will grow slightly to $1.5B (mid-point guidance) in QDec - 18% y/y growth in non-Apple semi revenue - non-Apple QCT revenues grew at [--] yr CAGR of 15% through FY25 - [---] PC designs to be commercialised through [--] (100+ in [--] alone)"
X Link 2025-11-06T07:58Z 15.9K followers, [----] engagements
"Non-Apple semiconductor revenue growing faster than Apple revenue. Auto and IoT at this growth rate can offset a good chunk of lost Apple revenue readily"
X Link 2025-11-06T08:01Z 15.8K followers, [----] engagements
"SanDisk QSep25 - Revenue up 21% q/q and 23% y/y to $2.3B; $2.6B guidance for QDec - Claims DC will overtake smartphone as the largest end market for NAND in [--] - increased its forecast for DC exabyte growth in calendar [----] from a mid-20% level to a mid-40% level - Demand outpacing supply; NAND market likely constrained through [----] and beyond per SNDK"
X Link 2025-11-07T12:25Z 15.9K followers, [----] engagements
"- not currently considering adding new wafer capacity; 100% utilization - Bit shipments up mid-teens while ASPs up MSD% - QDec to see MSD% bit growth and DD% price increases - Claims share gains in DC - QLC is projected to grow from 20% to 40% of SNDKs enterprise business by the end of FY26 - BiCS8 15% of bit production in QSep and will be the majority by the end of FY26 - DC business up 26% q/q; DC up 2ndstraight quarter after bottoming out in QMar"
X Link 2025-11-07T12:25Z 15.9K followers, [----] engagements
"Microchip QSep25 - Revenue up 6% q/q and xx% y/y to $1.14B at 55.9% GM; Asia and Americas up and Europe flat; QDec a seasonally weak quarter will be down 1% q/q - expects strong quarters for Mar Jun and Sep 2026; strong backlog trend for QMar vs QDec - Underutilization and write-offs affected [----] percentage points of non-GAAP GM - Seeing recovery in key end markets - DC had the strongest performance last quarter - The book-to-bill ratio for the last quarter was 1.06"
X Link 2025-11-07T12:29Z 15.9K followers, [----] engagements
"- Days of inventory down to [---] days from [---] days in QJun - Distributor inventory was at [--] days down [--] days q/q - Lead times are increasing for some products (substrates subcontracting capacity and some foundry constraints) - 3nm PCIe Gen [--] switch product announcement; claims industry first 3nm; volume ramp by the end of CY26; $2B TAM growing at 10% CAGR through [----] - targeting hyperscalers enterprise OEMs and ODMs covering all segments of the AI and enterprise data center markets"
X Link 2025-11-07T12:32Z 15.9K followers, [----] engagements
"Qualcomm's revenue from Apple and Samsung grew below corporate average in FY25 while China outgrew. Apple revenue recovered in iPhone [--] cycle (X75 modem) after declining in iPhone [--] cycle. Qualcomm still maintains 20% share in FY26 launches (no change)"
X Link 2025-11-08T15:42Z 15.9K followers, [----] engagements
"For the first QCOM disclosed their QCT COGS explicitly. It doesn't take a genius to calculate though given QTL IP revenue has 95% GM"
X Link 2025-11-08T15:45Z 15.9K followers, [----] engagements
"SanDisk's capital intensity will be mid-to-high teens in the near term vs mid-teens long term guidance. NAND WFE capex peaked in [----] at $20B+ but current run-rate is $10B+. SanDisk suggests unconstrained NAND demand at mid-20% bit growth for CY26 but supply will be limited at 17%. With DC overtaking smartphone in end demand and fabs running at 100% utilization NAND investment likely pick up. But how much is still a question after last cycle's missteps. LTAs won't work well in memory"
X Link 2025-11-09T16:35Z 17.3K followers, 16K engagements
"Intel will have around $120M external foundry revenue in CY25 or 1000x less than TSMC. While 18A didn't get foundry traction in the initial wave Intel still pins hopes on overall foundry (internal plus external) and expects it to break-even exiting '27 even with low contribution from external customers. As Intel moves its internal wafers to EUV from low-base (5% EUV penetration in CY24) they expect wafer ASP to grow [--] faster than costs narrowing losses"
X Link 2025-11-10T15:57Z 15.9K followers, 11.7K engagements
"AMD Investor Day [----] - 3-5 yr financial targets: Revenue Growth: 35%; GM: 55% - 58%; OPM: 35% - DC to grow at 60% while AI DC to grow at 80%; non-AI DC at 39%; near term AI growth: 80% - Core (client gaming and embedded) to grow at 10% - The numbers suggest $175B+ DC revenue (with $120B+ AI) and $205B+ total for AMD by [--] - 10s of billions of dollars of AI revenue in [--] - has built the supply chain for the growth rates they outlined"
X Link 2025-11-12T11:22Z 16.2K followers, [----] engagements
"- $1Tr AI silicon TAM (GPU/ASIC HBM and CPU) by [--] (40% CAR); ASICS 20-25% TAM - has shifted to an annual cadence for its AI accelerators - MI400 & MI450 series represent a significant step-function improvement in technology capacity and go-to-market with rack-scale - premium consumer gaming and enterprise segment focus in PC - Claims 28% client share and 50% desktop share; ASPs up 1.5x in [--] yrs - Claims it will increase share in client CPUs to 40%+ server CPUs to 50%+ and FPGA to 70%+ growing faster than TAM - Targets 3x growth rate in client and gaming - Claims server CPU TAM to grow at 18%"
X Link 2025-11-12T11:23Z 15.9K followers, [----] engagements
"GlobalFoundries QSep25 - Revenue flat Q/Q and down -3% Y/Y and to $1.688B - QDec will grow 7% q/q - Wafer shipments up 4$ q/q to 602k - Wafer ASP flat q/q at $2692"
X Link 2025-11-12T12:44Z 16.2K followers, [----] engagements
"SMIC 3Q25 - Revenue up 8% q/q & 10% y/y to $2.4B (above the high-end guidance) - Wafer shipments (300mm equivalent): 1.1M (up 5% q/q) - Wafer ASP: $2041 (up 4% q/q) - Utilization rate: 95.8% (vs 92.5% in 2Q25 ) - Capex tracking to $7.5B+ for '25 - QDec rev will grow 0-2%; high depreciation costs cut into GM"
X Link 2025-11-13T13:45Z 16K followers, [----] engagements
"AMAT QOct25 - Revenue down -7% q/q and -3% y/y to $6.8B QJan will grow 2% q/q - Semi systems down -12% q/q and -8% y/y to $4.8B; QJan Semi Systems grow 6% q/q - China share losses become more visible (due to restrictions and domestic competition); 29% of revenue vs 35% in QJul; QJan will be flat at 29% - 20% of China market was restrictive in F25 vs 10% in F24 - Expects WFE spending in China to be lower 26"
X Link 2025-11-14T13:32Z 16K followers, [----] engagements
"- [--] leading-edge WFE spending geared towards litho means [--] will be more on dep and etch per AMAT (due to lag) - ICAPS (mature logic) has been weak; a big segment for AMAT - Industry NAND WFE set to double in [--] - DRAM to be flat in 25; with higher spending by non-China customers - AMATs DRAM revenue from international customers up 50% y/y in F25 - Semi industry to grow at 10-15% for the next [--] years - Seeing more than [--] yr visibility in some cases [--] yrs - 15% of leading-edge wafer starts and DRAM wafer starts are allocated towards AI datacenter - Thinks memory is not constrained by physical"
X Link 2025-11-14T13:32Z 15.9K followers, [---] engagements
"Micron's CY26 HBM3E and HBM4 supply fully contracted. Hynix and Samsung already sold out"
X Link 2025-11-20T07:58Z 16K followers, [----] engagements
"- $57B revenue (+22% q/q and 62% y/y) at 73.4% GM - $65B in revenue for QJan (+14% q/q); no DC revenue from China; GAAP GM of 74.8% - $51B DC revenue (+66% y/y); $600B hyperscaler capex in CY26 - Changed regional revenue reporting to customer headquarters rather than billing"
X Link 2025-11-20T08:13Z 16K followers, [---] engagements
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