STMicro: Ugly but Mngt Says 1Q25 Is the Bottom. Restructuring Has to Start, Horrendous Inventories.
Poor 1Q25 with close to zero OP, slight improvement in 2Q but risks of restructuring and high inventories. Consensus expects slow recovery, stock...
273 Views
STMicro (STM): Can It Get Any Worse? Yes, It Will in 1Q25. Let's Wait for that Reset.
Negative 1Q25 double warning for company, with poor automotive outlook and consensus likely to revise lower for 1H25. Stock trading at 12.5x 2025...
175 Views
Hitting the Breaks: Automotive Semiconductors
Its a quarter too soon to go dumpster diving in the automotive semiconductor industry. Another round of cuts is likely coming. Consider this my...
301 Views
What Is TSMC Telling Us About Semi Supply Chain Stories at Its Investor Conference?
What Is TSMC Telling Us About Semi Supply Chain Stories at Its Investor Conference? TSMC revises down 2024 global semi y/y sales from over 10% to...
1.7k Views
Infineon: Large Miss and Reset. Auto & Industrial Semi Is a Good Space for Shorts.
On Consensus before earnings release, the stock trades at 12.5x FY25. After Consensus adjustment, the stock should be trading at ~16-17x FY25 EPS.
217 Views