In today’s briefing:
- Tencent (700 HK): 4Q24, Revenue Growth Back to Two Digits
- TSMC Takeover of Intel: An Official Denial
- Adobe’s Gen AI Playbook: The $200 Billion Opportunity You Can’t Ignore!
- Dell Technologies: Is There Going To Be A Robust Impact Of AI and Data Center Solutions Growth In The Coming Years?
- Intel’s Last Chance: What Can New CEO Lip-Bu Tan Do To Save The Day?
- Snowflake’s $6.9 Billion Growth and AI Moves Shake Up the Market—But Is a Slowdown Coming?
- HP Faces Tariff Trouble: Will AI-Powered PCs Be Its Lifeline?
- Broadcom’s Future Looks Bright Despite NVIDIA CEO Jensen Huang’s Claims! Here’s What We Think!
- Crowdstrike Holdings: The Falcon Flex Program & Key Developments That Are Strengthening Its Market Position!
- Tech Supply Chain Tracker (20-Mar-2025): Telangana forms industrial zone for Taiwanese.
Tencent (700 HK): 4Q24, Revenue Growth Back to Two Digits
- The growth rate of total revenue came back to two digits in 4Q24.
- The growth rate of game revenue reached 20% YoY in 4Q24.
- The gross margins of all business lines improved YoY in 4Q24.
TSMC Takeover of Intel: An Official Denial
- The latest TSMC taking over Intel Foundry was on 13 March and involved joint investments by AMD, Broadcom, Nvidia, Qualcomm. Complicated.
- Yesterday, TSMC Board member and Taiwan Minister of National Development Paul LIU flatly denied: “such a topic has never been discussed at the board level”.
- As a result, Intel stock declined -6% yesterday. TSMC has corrected by -16% since early Feb. The stock is at average valuations, no obvious upside to Consensus.
Adobe’s Gen AI Playbook: The $200 Billion Opportunity You Can’t Ignore!
- Adobe’s Q1 fiscal year 2025 financial results have demonstrated a robust performance, with the company reporting a record $5.71 billion in revenue, marking an 11% year-over-year increase.
- The company also achieved a notable growth in its GAAP and non-GAAP earnings per share, which rose by 13% year-over-year.
- Adobe’s results underscore the essential role its products play in the global digital economy, reaffirming its fiscal ’25 targets in light of the strong quarterly performance.
Dell Technologies: Is There Going To Be A Robust Impact Of AI and Data Center Solutions Growth In The Coming Years?
- Dell Technologies Inc. recently reported its fiscal year 2025 fourth-quarter financial results, demonstrating a mixed performance that offers both opportunities and challenges for investors.
- The company recorded $95.6 billion in revenue for the fiscal year, reflecting an 8% increase, and achieved an operating income of $8.5 billion.
- Notably, Dell achieved a record EPS of $8.14, an increase of 10%, attributing this success to efficiency improvements and cost reductions, with operating expenses decreasing by 4% year-over-year.
Intel’s Last Chance: What Can New CEO Lip-Bu Tan Do To Save The Day?
- Intel’s struggles in the semiconductor industry have reached a critical juncture.
- The once-dominant chipmaker, which led the global semiconductor space for decades, has lost significant market share to competitors like Nvidia, AMD, and TSMC.
- Manufacturing setbacks, market share declines, and massive losses in its foundry business have plagued Intel over the past few years.
Snowflake’s $6.9 Billion Growth and AI Moves Shake Up the Market—But Is a Slowdown Coming?
- Snowflake Inc. reported its fourth-quarter financial results for fiscal year 2025, delivering strong growth in key areas while navigating several challenges.
- The company posted $943 million in product revenue for the quarter, reflecting a 28% year-over-year increase and surpassing analyst estimates of $914 million.
- Total revenue reached $986.8 million, exceeding projections of $957 million.
HP Faces Tariff Trouble: Will AI-Powered PCs Be Its Lifeline?
- HP Inc.’s first-quarter 2025 earnings report presented a mixed picture, with revenue growth offset by declining profitability.
- The company reported a 2% year-over-year revenue increase to $13.50 billion, exceeding Wall Street’s expectation of $13.39 billion.
- However, adjusted earnings per share (EPS) fell 9% to $0.74, aligning with analyst estimates.
Broadcom’s Future Looks Bright Despite NVIDIA CEO Jensen Huang’s Claims! Here’s What We Think!
- Broadcom’s stock surged following its impressive fiscal first-quarter earnings, signaling resilience in the artificial intelligence trade despite recent market volatility.
- The company reported revenue of $14.92 billion, surpassing Wall Street’s expectation of $14.62 billion, while adjusted earnings of $1.60 per share exceeded analysts’ estimates of $1.51.
- Additionally, Broadcom projected $14.9 billion in revenue for the current quarter, above the consensus estimate of $14.71 billion.
Crowdstrike Holdings: The Falcon Flex Program & Key Developments That Are Strengthening Its Market Position!
- CrowdStrike Holdings, Inc. has demonstrated resilience and strategic growth in its Q4 and Fiscal Year 2025 financial results.
- The company’s performance indicates effective management and the potential to leverage its offerings in the evolving cybersecurity market driven by the advancement of AI technologies.
- On the positive side, CrowdStrike reported a notable Q4 net new Annual Recurring Revenue (ARR) of $224 million, surpassing expectations and ending FY 2025 with $4.24 billion in ARR.
Tech Supply Chain Tracker (20-Mar-2025): Telangana forms industrial zone for Taiwanese.
- Formosa Town in Telangana, India establishes industrial zone for Taiwanese firms, adapting to evolving geopolitical environment.
- AMD CEO Lisa Su builds alliances in China to advance AI and PC tech, highlighting Taiwan’s pivotal role in the era of artificial intelligence.
- Arizona governor underscores defense collaboration, TSMC partnership, and the opening of Din Tai Fung in Taiwan during official visit.
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