All Reports

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 Benchmark Electronics (BHE; $44.99; E/W) produces Q3 results and guidance on October 30th (after market) that provide solid support for current valuation with upside potential mainly tied to recent bookings and updated production…

The shares of Lucid Group (LCID; $2.72; E/W) are down 17% today after it completed a major equity capital raise that included another investment by its majority stockholder and affiliate of the Public Investment Fund…

This morning, Flex (FLEX; $34.70; O/P) announced plans to acquire, for $325mm in cash, privately held Crown Technical Systems, which produces power distribution and protection systems used in data centers, as well as by utilities…

The bar has obviously been raised for Celestica (CLS; $58.42; O/P) into its Q3 results and outlook, scheduled for next Wednesday (10/23 after market), given how the shares have rebounded 37% from recent lows set…

We believe FQ2 (Sep) results and outlook from Flex (FLEX; $34.33; O/P), scheduled for October 30th (before market), should further highlight its ability to continue to steadily improve margins and cash flows even in the…

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…

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…

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…

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…

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…

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…

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…

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…

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)…