Technology Supply Chain

Over the weekend, the U.S. provided some clarifications on its plan to impose tariffs on technology products, which we think can better support at least some sort of a “relief rally” across our supply chain…

We think yesterday’s decision by the U.S. Government to introduce a 90-day pause on previously announced tariffs for most trading partners, while maintaining a recently introduced 10% universal import tariff, and raising tariffs on China…

We expect significant volatility across our technology supply chain coverage during the upcoming Q1 EPS season given how new U.S. global tariff policies have turned out to be much broader and stringent in nature than…

We reviewed the S-1 filings from CoreWeave, a specialized cloud service provider (CSP) for high-performance artificial intelligence (AI) and machine learning (ML) workloads, ahead of its proposed IPO under the ticker CRWV for listing on…

Our latest look at aggregate inventories up and down the supply chain suggested more progress towards “normalizing” inventories, led again by electronics manufacturing service (EMS) providers with some help from the distribution channel. It also…

We expect the companies in our tech supply chain universe to point to a somewhat more volatile start to the New Year than is typically the case with the upcoming Q4 EPS season. More to…

On “Black Friday” (11/29), we checked prices on several popular full-HD (1080p) and 4K Ultra High Definition (UHD 2160p) LCD TV models from LG, Samsung and Vizio by pulling publicly available prices from OEM websites,…

This week, we attended Vertiv Holdings’ (VRT; $144.63; NR) Investor Event in Atlanta, GA, where we sat in on presentations from CEO Giordano Albertazzi and CFO David Fallon. We also had the opportunity afterwards to…

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…

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 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…

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…

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….

We think the “expectations game” proves more complex for CQ2 EPS season than recent quarters. On one hand, we believe CQ2 expectations were generally set at reasonable levels especially since our checks suggest a healthy…