12/29/2023 0 Comments Stocks like iphi![]() Inphi Corporation Price and EPS Surprise | Inphi Corporation Quote However, high dependence on Samsung, sluggish bookings and considerable exposure to markets from outside the United States (primarily China) are likely to limit growth prospects in the consumer and industrial end-markets. Maxim’s second-quarter 2019 earnings are anticipated to benefit from the solid momentum of its ASIL compliant battery management system across the automotive end-market, primarily for electric vehicles and driver assistance content. (Read more: Will GPU Product Introduction Benefit AMD's Q4 Earnings?) You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Meanwhile, consensus mark for earnings is pegged at 9 cents per share, representing year-over-year growth of 12.5%.ĪMD has a Zacks Rank #3 and an Earnings ESP of -6.8%. Notably, the Zacks Consensus Estimate for the company’s revenues is pegged at $1.44 billion, indicating decline of 2.7% from the year-ago quarter. Price and EPS Surprise | Advanced Micro Devices, Inc. However, declining trend in PC shipments and uncertain macroeconomic environment remain major concerns.Īdvanced Micro Devices, Inc. ![]() Further, solid adoption of EPYC products by cloud service providers (CSPs) is anticipated to favor performance of company’s server business. Per the quantitative Zacks model, stocks with the perfect combination of a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP have substantially higher chances of beating estimates.ĪMD’s fourth-quarter 2018 results are likely to benefit from improving client compute business, primarily due to strong adoption of new products. MXIM and Inphi Corporation IPHI on Jan 29. Given this backdrop, investors interested in the semiconductor domain will keenly await fourth-quarter reports from notable players, including Advanced Micro Devices, Inc. Although, revenue miss reported by Texas Instruments TXN and cautious outlook from Intel INTC has kept investors vigilant, the impressive earnings beat delivered by Xilinix XLNX, Teradyne and Lam Research buoy optimism. So far, earnings picture from semiconductors has been somewhat mixed. Moreover, the semiconductors are positioned well to capitalize on the positive trends in rapid adoption of cloud, Internet of Things (“IoT”), autonomous cars, advanced driver assisted systems (“ADAS”), gaming, wearables, drones, virtual reality/ augmented reality (“VR/AR”) devices, artificial intelligence (“AI”), among other emerging tech.įurthermore, the accelerated deployment of 5G technology and positive trends in overall IT spending is encouraging. Nevertheless, semiconductors are expected to benefit from growing proliferation of high-performance robust chips across various domains ranging from electronic gadgets to cars, planes and advanced weaponry. Moreover, a slew of notable semiconductor companies including Qorvo, Skyworks, Lumentum, to mention a few, which are reportedly Apple’s suppliers, have trimmed revenue outlook.įurther, sluggishness in China’s economy, weak automotive growth and inventory corrections are likely to limit growth prospects. The company blamed weak iPhone demand in Greater China and announced fewer upgrades to its flagship device. The weakness can also be attributed to Apple’s AAPL guidance cut on Jan 2. Notably, China happens to be one of the biggest markets for semiconductors, while the United States is the biggest semiconductor manufacturing countries. Imposition of tariff owing to trade war between the United States and China has been taking a toll on chipmakers for a while now. However, global semiconductor sales were 1.1% lower than October’s total of $41.8 billion, marking a sequential decline for the first time in nine months. Notably, the Semiconductor Industry Association on Dec 31 stated that global semiconductor sales totaled $41.4 billion in November, increasing 9.8% on a year-over-year basis. Per the latest Earnings Preview, technology sector earnings are estimated to improve 4.2% on revenue growth of 4.7%, both down significantly from third-quarter growth rates of 27.3% and 12.7%, respectively.įactors Likely to Influence Semiconductor Stocks’ Results In fact, fourth-quarter 2018 earnings for the technology sector are anticipated to "decelerate meaningfully" when compared with the preceding two quarters of notable growth. The start to the earnings season has not been very impressive. There are a number of fourth-quarter earnings reports slated to be released this week.
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