Micron beats subdued guidance on output cuts

Micron beats subdued guidance on output cuts
by Robert Maire on 06-26-2019 at 5:00 am

2020 capex likely down at least 20% vs 2019 DRAM & NAND price drops versus slowing capacity. Investors happy cause it could have been worse.

Image RemovedMicron reported $1.05 in Non-GAAP EPS beating street consensus of $0.79 by $0.26. While this looks like a big beat, we would remind investors that estimates for the quarter… Read More


CAPEX Cuts and Microns Memory Markdown

CAPEX Cuts and Microns Memory Markdown
by Robert Maire on 12-21-2018 at 7:00 am

Image RemovedFor those who have been paying any attention to the semiconductor industry its no surprise that memory demand and therefore pricing is down from its peak earlier in the year. Its not getting better any time fast.

After several strong years of demand and pricing, which was followed by enormous CAPEX spending we are seeing… Read More


Semiconductor stocks free fall as bad news gets worse

Semiconductor stocks free fall as bad news gets worse
by Robert Maire on 10-26-2018 at 12:00 pm

Image RemovedSemiconductor stocks have had another significant down leg as the bad news continues to pile on. Bad news in this case doesn’t come in threes , it comes in droves. TI is perhaps very scary news as it is a rather broad based supplier of semiconductors that has fared better than more pure play chip suppliers. TI gave… Read More


Samsung Sloppy Sailor Spending Spree!

Samsung Sloppy Sailor Spending Spree!
by Robert Maire on 07-31-2017 at 12:00 pm

Image RemovedLast week, TEL (which is the Japanese equivalent to AMAT & LRCX) reported a June quarter which saw revenues drop to 236B Yen from March’s 261B Yen and saw earnings drop from March’s 47B Yen to June’s 41B Yen, a respective 9.3% decrease and a 12.8% decrease in earnings.

We don’t think this… Read More


2016 semiconductor capex highest in 5 years

2016 semiconductor capex highest in 5 years
by Bill Jewell on 10-25-2016 at 4:00 pm

Global semiconductor capital expenditures (capex) are expected to return to the level of 2011 either this year or next. 2011 was the record year for capex as the industry returned to growth following the 2009-2010 recession. IC Insights’ August 2016 forecast called for 3.5% growth in capital spending to reach $67.1 billion, the… Read More


Foundry CAPEX Jumped from 17% to 37% of LAM Business

Foundry CAPEX Jumped from 17% to 37% of LAM Business
by Robert Maire on 10-23-2016 at 4:00 pm

Image RemovedLam- in line qtr but guides above street over near term. As with ASML, foundry is driver with subdued memory, The Math implies biz peaking-Looking for DRAM in 2017.

Lam reported another great, record quarter, more or less in line with expectations with revenues coming in at $1.632B and shipments of $1.708B, generating… Read More


Internet of Things : Realizing Business Value through Platforms, Data Analytics & Visualization

Internet of Things : Realizing Business Value through Platforms, Data Analytics & Visualization
by Pranay Prakash on 02-09-2016 at 7:00 am

Over the past few years of being immersed in the Internet of Things (IoT), I have found that customers have very specific problems they are trying to solve; e.g. gaining energy efficiency, early fault detection or remote diagnosis and maintenance of equipment. Decisions are driven by the need to reduce Operational Expenditure… Read More


Semiconductor capital spending consolidating

Semiconductor capital spending consolidating
by Bill Jewell on 12-14-2015 at 10:00 pm

Shipments of semiconductor wafer fab equipment are expected to grow 2.5% in 2016 after 0.5% growth in 2015 according to the December forecast from Semiconductor Equipment and Materials International (SEMI). Gartner is more pessimistic, with its October forecast calling for fab equipment to decline 0.5% in 2015 and drop 2.5%… Read More


Intel Inline with reduced expectations-2015 flat to down-Slashing Capex

Intel Inline with reduced expectations-2015 flat to down-Slashing Capex
by Robert Maire on 04-16-2015 at 4:00 pm

Image RemovedIntel Inline with lowered numbers- 2015 Revs to be Flat…
Capex Slashed by 13% to $8.7B- 10nm at risk???
Mortgaging the future???
Is the foundry business dead???
Desperately seeking growth!!!

Intel Inline…

Intel reported revenues of $12.8B and EPS of $0.41 in line with downward revised estimates after
Read More


Intel Really is Delaying 14nm Move-in. 450mm is Slipping Too. EUV, who knows?

Intel Really is Delaying 14nm Move-in. 450mm is Slipping Too. EUV, who knows?
by Paul McLellan on 08-24-2013 at 3:23 pm

I attended the semi-annual SEMI Silicon Valley Lunch meeting last week. The semiconductor equipment people are the ones that really know what is going on. People can talk about capex numbers on conference calls but it is the equipment vendors who either do or do not get orders for particular types of equipment. In turn, the analysts… Read More