The Technology China Trade Growing Snowball

The Technology China Trade Growing Snowball
by Robert Maire on 06-28-2018 at 12:00 pm

Image RemovedAs we have been warning for months the China trade issue continues to grow and accelerate. As we are approaching the June 30th cliff (when export sanctions will be announced) it seems as if the administration has given the industry a kick so we fly even further. The US will also restrict Chinese investment in US tech companies.… Read More


Samsung has another record quarter in chips

Samsung has another record quarter in chips
by Robert Maire on 04-29-2018 at 7:00 am

Image RemovedSamsung throws further gas on the fire of weak handset and CAPEX not set but will be down versus 2017. Samsung reported revenues of KRW 60.56 Trillion and KRW 15.64 Trillion operating profit ($56B and $15B). Chips accounted for whopping KRW 11.55 Trillion in operating profit on revenues of KRW 20.78 Trillion ( $11B … Read More


EUV Continues Roll Out With Lumpy Quarters Ahead

EUV Continues Roll Out With Lumpy Quarters Ahead
by Robert Maire on 04-20-2018 at 12:00 pm

ASML put up good results with revenues of Euro2.285B versus street of Euro2.22B and EPS of Euro1.26 versus street of Euro1.17. Guide is for Euro2.55B versus street of Euro2.46B but EPS of Euro1.16 versus street EPS of Euro1.35 on lower gross margins, slipping from 48% to 43%.

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A couple of EUV systems have slipped out.… Read More


DOJ takes victory Lap in KLAC / LRCX deal post mortem (3 of 3)

DOJ takes victory Lap in KLAC / LRCX deal post mortem (3 of 3)
by Robert Maire on 10-09-2016 at 4:00 pm

The KLA deal died due to fox guarding the hen houseImage Removed.

Fox can’t guard Hen House…
In an industry where there are relatively few widget makers and only one, very dominant, widget inspector, the thought of one of the widget makers buying the most crucial widget inspector obviously would be anti-competitive.… Read More


The KLAM deal has died now how will KLAC and LRCX recover? (2 of 3)

The KLAM deal has died now how will KLAC and LRCX recover? (2 of 3)
by Robert Maire on 10-09-2016 at 12:00 pm

Image RemovedAs we had been suggesting the merger deal between KLAC and LRCX has failed. It obviously ran into too many complications, costs or other issues to continue. Unlike the Applied TEL deal which went on for a staggering 18 months before calling it quits in this case 12 months was enough to figure out it wasn’t gettingRead More


KLAC & LRCX – Fall Out from the deal Falling Apart (1 of 3)

KLAC & LRCX – Fall Out from the deal Falling Apart (1 of 3)
by Robert Maire on 10-09-2016 at 7:00 am

The odds of deal completion has fallen to low levels. Whats the fallout on the companies and stocks? Is there life after a failed merger?

“A quagmire wrapped up inside an enigma” – LRCX & KLAC’s merger is the talk of the town, both in the semiconductor equipment industry as well as DOJ watchers in Washington… Read More


The best possible merger in the Semiconductor Capital Equipment Business history!

The best possible merger in the Semiconductor Capital Equipment Business history!
by Robert Maire on 10-21-2015 at 12:00 pm

Image RemovedA new powerhouse to dominate over AMAT
Combination of best of Breeds
KLAC shareholders get $32 cash plus stock


The wedding invitation…….

Lam Research Corporation (NASDAQ: LRCX) (“Lam”) and KLA-Tencor Corporation (NASDAQ: KLAC) (“KLA-Tencor”) today announced that they… Read More


"Cook’s Law" supersedes "Moore’s Law"-its impact on Apple, Samsung, TSMC & Intel

"Cook’s Law" supersedes "Moore’s Law"-its impact on Apple, Samsung, TSMC & Intel
by Robert Maire on 05-29-2015 at 7:00 am

Image RemovedApple drives the semi industry harder than Wintel ever did: Is winning Apple’s chip business a pyrrhic victory? Is 14nm done before it starts? Too short to be profitable?

Chips marching to an Apple cadence…

In the “old days” when Wintel ruled the roost and drove the semi industry, it was driving
Read More