| Author | Message | ||
     Newguy123 Megastar Username: Newguy123 Post Number: 23002 Registered: 01-2009 Posted From: 107.77.70.77 Rating: N/A |
Competition perigi ee company vadiki bokka padi vundochuga. Steve sanghi ante desi gaada? | ||
| Sbk2012 Side Hero Username: Sbk2012 Post Number: 2870 Registered: 01-2014 Posted From: 68.96.84.187 Rating: N/A |
Semi industry is cyclical like auto industry and many others. Semi is at the peak right now and down cycle started just now. This will last for a while, at least 4-5 quarters and the down cycle takes Intel to Applied materials with it, which will include Samsung and Apple. | ||
| Simhapuri_kurrodu Hero Username: Simhapuri_kurrodu Post Number: 12297 Registered: 07-2008 Posted From: 76.109.165.236 Rating: N/A |
ee ceo stmt valla aa effect ipude padindi ga ,malli padatayi  | ||
| Sbk2012 Side Hero Username: Sbk2012 Post Number: 2869 Registered: 01-2014 Posted From: 68.96.84.187 Rating: N/A |
Effect on mobile equipment sales will be seen at a later stage, may be in a quarter or two. | ||
| Simhapuri_kurrodu Hero Username: Simhapuri_kurrodu Post Number: 12294 Registered: 07-2008 Posted From: 76.109.165.236 Rating: N/A |
mobiles/tablets sales emi stagnate avvaledu and we are seeing more technology in cars and appliances. outlook sudden ga enduku change aindo ardham kaaled | ||
| Sbk2012 Side Hero Username: Sbk2012 Post Number: 2868 Registered: 01-2014 Posted From: 68.96.84.187 Rating: N/A |
Microchip is the first one to see the turn of the industry, which is cycle change in chip industry because if their business model. Skyworks lost 10% on Friday, and every semi followed. 3rd quarter being the best in a year for chip manufacturers, Q3 results will be good, but the outlook may be worse. | ||
| Sbk2012 Side Hero Username: Sbk2012 Post Number: 2867 Registered: 01-2014 Posted From: 68.96.84.187 Rating: N/A |
Chip industry semms to be entering down cycle. Goes by chip makers first, instrument makers, carriers, and equipment manufacturers at the end. Lets see who falls first at the bottom. However, a big opportunity on the way in the next 12-18 months. | ||
| Simhapuri_kurrodu Hero Username: Simhapuri_kurrodu Post Number: 12292 Registered: 07-2008 Posted From: 76.109.165.236 Rating: N/A |
aa company biz/exposure is in a way, that it's performance measures the sector ani ekkado choosanu | ||
| Sbk2012 Side Hero Username: Sbk2012 Post Number: 2866 Registered: 01-2014 Posted From: 68.96.84.187 Rating: N/A |
I think every company in semi reports sell through for quarterly revenues. Something that I did'n't really understand what Microchip says. | ||
| Sbk2012 Side Hero Username: Sbk2012 Post Number: 2865 Registered: 01-2014 Posted From: 68.96.84.187 Rating: N/A |
It Took Just One Sentence From A Semiconductor CEO To Send Tech Stocks Into Free Fall In an announcement on Thursday night, Microchip president and CEO Steve Sanghi sounded the alarm for the semiconductor industry with the above quote, and on Friday shares of Microchip and the whole sector are getting crushed. In afternoon trade on Friday, Microchip shares were down 11%, while the SMH ETF that tracks the semiconductor sector was down about 5%. Microchip, with a market cap of $8 billion, is a good-size company, but its warning is affecting companies as large Intel, which has a market cap of over $160 billion and was down as much as 4% on Friday. Other semiconductor and tech companies under pressure include Texas Instruments (-7%), Micron (-7%), Analog Devices (-5%), Freescale Semiconductors (-10%), and STMicroelectronics (-4%). The tech-heavy Nasdaq was also feeling the heat Friday, falling about 0.5% as the semiconductor warning, as well as the steep drop in Tesla shares, weighed on the index. Microchip said that in the second quarter it expects revenue to come in at about $546.2 million, below the $560 to $575.9 million the company had previously expected. Additionally, Thursday's guidance includes $16.9 million in sales from its recent ISSC acquisition, down from expectations for $18 million in July. "Microchip often sees the turn of the industry ahead of others in the semiconductor industry," Sanghi said. "First, in contrast to many others in the industry, we report sales from distribution on a sell-through basis worldwide. We built a significant amount of inventory in the distribution channel in the September quarter. If like many others in the industry, we recognized sales on a sell-in basis to our distributors, our sales would been significantly higher for the September quarter." So basically Sanghi is saying that revenue is going to decline for its competitors, too, but that this might show up on a delay given how they do their accounting. Sanghi also said that the revenue miss for the second quarter was led by China where the September quarter is "traditionally the strongest." Sanghi said Microchip is reducing production levels and that during industry corrections, sequential growth — or growth in consecutive quarters — typically returns after two quarters and the company expects the same this time. Here's the ugly intraday chart of Microchip, which basically fell off a cliff at the open and hasn't recovered. |
