Industry Notes

Our latest look at aggregate inventories up and down the supply chain after the recent CQ3 results season suggested further progress towards “normalizing” inventories, especially at electronics manufacturing service (EMS) providers. However, we recognize that…

We think the muted reaction in the shares of Uber Technologies (UBER; $77.79; O/P) and Lyft (LYFT; $13.81; O/P) over the past 36 hours to some important news on the “autonomous front” from Tesla (TSLA;…

This morning, the European Automobile Manufacturers Association released car registration data from the region for the month of September, which was right around MoM seasonal patterns. Specifically, European vehicle registrations increased 48% MoM (~20% of…

Yesterday (10/17), Schneider Electric (SU.FR; €245.65; NR) announced an agreement to acquire a 75% interest in Motivair Corporation, a privately held company that specializes in liquid cooling and advanced thermal management, for $850mm. We think…

We think last week’s news that Hon Hai Technology Group (2317.TW; NT$199.00; NR), a/k/a Foxconn, plans to expand in Guadalajara, Mexico should be considered in the context of the decades of experience that North American…

We think Hewlett Packard Enterprise (HPE; $20.67; NR) provided some much needed “food for thought” last Thursday (10/10) during its AI Day about liquid cooling technologies where we have highlighted technical challenges tied to deploying…

We think the upcoming CQ3 EPS season for the technology supply chain can generally keep alive expectations for a broadening cyclical demand recovery in coming quarters, albeit one that may build less dramatically when compared…

Yesterday, the European Automobile Manufacturers Association released new car registration data from the region for the month of August, which was basically in line with typically weak MoM seasonal trends. At the same time, registrations…

This morning, the European Automobile Manufacturers Association released new car registration data from the region for the month of July, which was somewhat below seasonal trends. Registrations also included some weaker battery electric vehicle (BEV)…

We checked retail channel prices yesterday (8/27) for hard disk drives (HDDs) and solid-state drives (SSDs), which we measure on a Dollar per Gigabyte basis ($/GB). Our checks suggested HDD retail prices are up meaningfully…

On Tuesday (8/27), we checked U.S. retail prices on popular full-HD (1080p) and 4K Ultra High Definition (UHD 2160p) LCD TV models. Our survey turned up some mixed retail pricing dynamics, which is not too…

This morning, Advanced Micro Devices (AMD; $155.28; NR) announced plans to acquire privately held ZT Systems, which designs, assembles, integrates, and tests servers, storage, plus other data center components, as part of a primary focus…

Our latest look at aggregate inventories up and down the supply chain post CQ2 results season suggested further right sizing of inventories that we assume likely continues at least through the end of this year….

Last week, we spent time at The Future of Memory and Storage Summit (FMS) in San Jose, CA, which further highlighted to us how a range of “productization” trends across NAND, DRAM, and hard disk…

Earlier today, the California Supreme Court ruled the state’s Proposition 22, which was passed in 2022, as constitutional after a group of rideshare drivers and labor unions challenged the constitutionality of the legislation. Recall, Proposition…