Supply Chain Breaks Under Strain Causes Miss, Weak Guide, Repairs Needed

Supply Chain Breaks Under Strain Causes Miss, Weak Guide, Repairs Needed
by Robert Maire on 11-21-2021 at 8:00 am

Applied Materials

-AMAT -Supply chain can’t keep up with expanding business
-May be longer term issue which will limit upside
-Being tough on vendors may have come back to bite Applied
-Fixing supply chain will likely take longer than the current cycle

Supply Chain issues come home to roost

Applied Materials missed on both earnings and revenues… Read More


Semiconductor Shortage – No Quick Fix – Years of neglect & financial hills to climb

Semiconductor Shortage – No Quick Fix – Years of neglect & financial hills to climb
by Robert Maire on 03-03-2021 at 8:00 am

Toamagachi Semiconductor shortage

– Semi Situation Stems from long term systemic neglect
– Will require much more than money & time than thought
– Fundamental change is needed to offset the financial bias
– Auto industry is just the hint of a much larger problem

Like recognizing global warming when the water is up to your neck

The problem… Read More


Coronavirus Remains Good for Semiconductors but not China

Coronavirus Remains Good for Semiconductors but not China
by Robert Maire on 10-24-2020 at 6:00 am

COVID Semiconductors
  • LCRX puts up a solid QTR and slightly soft guidance
  • China Concerns weigh on future but COVID remains driver
  • Memory spend could be better & help offset China
Solid September Quarter

Lam reported Non GAAP EPS of $5.67 versus $5.19 street and Revenues of $3.18B which was $70M better than street expectations. Lam obviously does … Read More


Semiconductor Equipment Revenues To Drop 17% In 2019 On 29% Capex Spend Cuts

Semiconductor Equipment Revenues To Drop 17% In 2019 On 29% Capex Spend Cuts
by Robert Castellano on 04-25-2019 at 7:00 am

The semiconductor equipment market grew 37.3% in 2017 on the heels of capex spend by memory companies in order to increase bit capacity and move to more sophisticated products with smaller nanometer dimensions. Unfortunately these companies overspent resulting in excessive oversupply of memory chips. As memory prices started… Read More


Changes Coming at the Top in Semiconductor Equipment Ranking

Changes Coming at the Top in Semiconductor Equipment Ranking
by Robert Castellano on 12-10-2018 at 12:00 pm

Semiconductor equipment vendor ranking, which didn’t change much between 2016 and 2017, is undergoing a makeover, as Lam Research, ASML, and Tokyo Electron (TEL) are switching places and top-ranked Applied Materials is getting closer to losing its number one ranking.

Since the 1990s, Applied Materials has been the market leader… Read More


Semicon Wrap Up holding pattern in turbulent air

Semicon Wrap Up holding pattern in turbulent air
by Robert Maire on 07-16-2018 at 7:00 am

The stock market hates uncertainty most of all. In the absence of the known, the market will assume the worst or close to it. Right now there is a lot of uncertainty that continues to have more downside beta than upside beta. Everybody we spoke to at Semicon wakes up in the morning wondering what tweet was sent at 5AM that will impact their… Read More


The Technology China Trade Growing Snowball

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

As 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. The … Read More


Another Major Consolidation in Semiconductor Space!

Another Major Consolidation in Semiconductor Space!
by Pawan Fangaria on 09-25-2013 at 4:00 am


This time it is between the suppliers of semiconductor manufacturing equipments. And they are among the top ranked global peers. Applied Materials Inc., holding the numero uno position in sales of chip manufacturing equipments in 2012, agreed to acquire Tokyo Electron Ltd, the third in that ranking. Gary Dickerson of Applied… Read More


Semiconductor Industry Damage Assessment (Disaster in Japan)

Semiconductor Industry Damage Assessment (Disaster in Japan)
by admin on 03-19-2011 at 5:19 am

The earthquake and subsequent tsunami that devastated Japan on March 11[SUP]th[/SUP], 2011 will have far reaching ramifications around the world for years to come. People have asked me how this disaster will affect the semiconductor industry so I will try and summarize it in this blog.

First the foundries:

According to TSMC: Read More