WDC: Reiterate Outperform into FQ1 (Sept) Print

We expect Western Digital’s (WDC; $66.95; O/P) FQ1 (Sep) results and outlook to at least live up to our slightly above consensus expectations when it reports next Thursday (10/24 after market), led by its HDD…

STX: Expecting More Focus on Margin Potential

For the second quarter in a row, Seagate (STX; $111.79; E/W), reporting FQ1 (Sept) results and outlook next Tuesday (10/22 after market), guided up with a month to go in the quarter with the news…

DELL: More Product News on the AI Front

This morning, Dell Technologies (DELL; $127.66; O/P) announced several new integrated rack-scalable system, server, storage and data management solutions as part of its Dell AI Factory initiative. Recall, Dell’s AI factory solutions are aimed at…

JBL: Adds to Cloud Tool Kit

This morning, Jabil (JBL; $125.80; O/P) announced that it is expanding its white box server portfolio with the addition of two new high-performance servers that feature Advanced Micro Devices’ (AMD; $165.27; NR) fifth-generation EPYC and…

FLEX: Announces Interesting Partnership and New Reference Designs

This morning, Flex (FLEX; $35.41; O/P) announced from the Open Compute Project (OCP) Global Summit in San Jose that it was launching several new reference designs for liquid-cooled servers, racks, and power products for GenAI…

Critical EMS Footprint Considerations

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…

DELL: Further Spells Out Its AI Opportunity

Last week, Dell Technologies (DELL; $128.16; O/P) announced some additions to its Dell AI Factory and hosted a “Dell AI for Telecom” Webinar that included a conversation with management from Nvidia (NVDA; $138.75; NR). Recall…

Some Cool Food for Thought

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…

CLS: Moves Further on Its 800G Roadmap

This morning, Celestica (CLS; $62.92; O/P) announced the launch of its latest 800G data center switch that expands on its Hardware Platform Solutions (HPS) portfolio, which represents the company’s higher margin Original Design Manufacturing (ODM)…

Looking For More Cyclical Positives Than Negatives

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…

APTV: Some Tech Roadmap Food For Thought

We assume Tesla’s (TSLA; $244.33; NR) robo-taxi launch on Thursday (10/10) raises questions around Aptiv’s (APTV; $69.62; E/W) ability to integrate cutting edge artificial intelligence (AI) into its advanced driver assistance systems (ADAS) as well…

HYZN: 200kW Fuel Cell Systems Hit SOP

This morning, Hyzon Motors (HYZN; $2.26) announced the start of production (SOP) of its single stack 200kW fuel cell system (FCS) at its manufacturing facility in Bolingbrook, IL, which is consistent with the company’s prior…

BHE: Hires New CFO

Last night after the close, Benchmark Electronics (BHE; $43.69; E/W) announced that it appointed Bryan Schumaker as CFO (effective October 8th). Recall, the company appointed Arvind Kamal as interim CFO back in March after BHE’s…

MBLY: More Support for Its Autonomous Advantages

Last week, Mobileye Global’s (MBLY; $12.33; E/W) CEO Amnon Shashua and CTO Shai Shalev-Shwartz presented to the company’s employees on how its artificial intelligence (AI) strategy ties into its autonomous driving system roadmap, which we…

LCID: Discloses Q3 Deliveries Beat

This morning, Lucid Group (LCID; $3.40; E/W) announced it delivered a better than expected 2,781 vehicles (+16% QoQ and +91% YoY) during Q3, while also producing 1,805 vehicles (-15% QoQ and +17% YoY). By comparison,…