House of Market Insights, Market Radar

Market Radar

House of Market Insights

Quick market updates and lot of ideas for your investments from a multi-asset portfolio manager working for a family office.

Quick Market Updates

Technical Analysis

<ul><li>The S&amp;P 500 had a great reaction in the second part of July and the first half of August, but now he's showing weak again.</li><li>The last high is perfectly aligned with a down-sloping trendline.</li><li>On the other side there is an interesting support close to 3,800. Is the index going to test that level again?</li></ul>

The S&amp;P 500 had a great reaction in the second part of July and the first half of August, but now he's showing weak again.The last high is perfectly aligned with a down-sloping trendline.On the other side there is an interesting support close to 3,800. Is the index going to test that level again?

Semiconductor & Technology Specialist, Ingenuity

William Keating

Semiconductor & Technology Specialist

Ingenuity

Our focus is exclusively on in-depth research & consulting in the broader semiconductor industry. We focus on the key players, namely Intel, Micron, Qualcomm, Apple, Samsung, NVIDIA, AMD, TSMC & Global Foundries - as well as some of the lesser known, but nonetheless critical, companies such as ASML (for EUV), Mellanox, Cavium, Xilinx etc. We specialise in their products, roadmaps, process technologies, competitive advantages & threats etc. We also help our clients understand the implications of new and emerging technologies, e.g. 3D X-Point, 3D NAND, Carbon Nanotubes, Autonomous Driving, Graphene, Silicon Photonics, Wafer-Level Optics, Artificial Intelligence, FPGA, GPU, ASIC etc. 

Semiconductor Analysis & Research

Equity Bottom-Up

<ul>
<li>SNPS &amp; CDNS currently trade at the same levels they were at three years and two years ago respectively. </li>
<li>Both companies were namechecked twice by Jensen Huang last week as example of companies whose products are needed now more than ever. NVIDIA recently invested $2 billion in SNPS</li>
<li>The WSJ is now reporting that Elliott has taken a multi-billion dollar stake in SNPS. We all know what that means!</li>
</ul>


SNPS &amp; CDNS currently trade at the same levels they were at three years and two years ago respectively. 
Both companies were namechecked twice by Jensen Huang last week as example of companies whose products are needed now more than ever. NVIDIA recently invested $2 billion in SNPS
The WSJ is now reporting that Elliott has taken a multi-billion dollar stake in SNPS. We all know what that means!


SNPS, CDNS. Babies Out With SaaSpocalypse Bathwater Or Fair Game?

Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

LiDAR Technology Leader with Proven Technology, Tier 1 Partners, and a Capital-Light Business Model

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

<ul>
<li>There are 2 constituent changes for the <a href="https://www.smartkarma.com/entities/vaneck-vectors-semiconductor" target="_blank" data-smartkarma-citation="entities:32807:1" rel="noopener">VanEck Vectors Semiconductor (SMH US)</a> in March, plus a bunch of float and capping changes.</li>
<li>Estimated one-way turnover is 5.6% resulting in a round-trip trade of US$4.9bn. There are 2 stocks with over half a yard to trade.</li>
<li>The largest flows will be in <a href="https://www.smartkarma.com/entities/micron-technology-inc" target="_blank" data-smartkarma-citation="entities:13382:1" rel="noopener">Micron Technology</a>, <a href="https://www.smartkarma.com/entities/nvidia-corp" target="_blank" data-smartkarma-citation="entities:5891:1" rel="noopener">NVIDIA</a>, <a href="https://www.smartkarma.com/entities/qualcomm-inc" target="_blank" data-smartkarma-citation="entities:969:1" rel="noopener">Qualcomm</a>, <a href="https://www.smartkarma.com/entities/lam-research-corp" target="_blank" data-smartkarma-citation="entities:1116:1" rel="noopener">Lam Research</a>, <a href="https://www.smartkarma.com/entities/applied-materials-inc" target="_blank" data-smartkarma-citation="entities:283:1" rel="noopener">Applied Materials</a>, <a href="https://www.smartkarma.com/entities/taiwan-semiconductor-manufacturing-adr" target="_blank" data-smartkarma-citation="entities:8587:1" rel="noopener">TSMC</a>, <a href="https://www.smartkarma.com/entities/asml-holding-nv-b0092428-e3ec-4a92-bdd6-2f6eff7f1879" target="_blank" data-smartkarma-citation="entities:28204:1" rel="noopener">ASML Holding</a>, <a href="https://www.smartkarma.com/entities/broadcom-inc" target="_blank" data-smartkarma-citation="entities:998:1" rel="noopener">Broadcom</a> and <a href="https://www.smartkarma.com/entities/arm-holdings-inc" target="_blank" data-smartkarma-citation="entities:21816:1" rel="noopener">ARM Holdings</a>.</li>
</ul>


There are 2 constituent changes for the VanEck Vectors Semiconductor (SMH US) in March, plus a bunch of float and capping changes.
Estimated one-way turnover is 5.6% resulting in a round-trip trade of US$4.9bn. There are 2 stocks with over half a yard to trade.
The largest flows will be in Micron Technology, NVIDIA, Qualcomm, Lam Research, Applied Materials, TSMC, ASML Holding, Broadcom and ARM Holdings.


MV US Listed Semiconductor 25 Index Rebalance: 2 Changes & US$4.9bn Trade

Semiconductors, Memory and SSDs Specialist, Objective Analysis

Jim Handy

Semiconductors, Memory and SSDs Specialist

Objective Analysis

Objective Analysis offers third-party independent market research and data for the semiconductor industry and investors in the semiconductor industry.

Semiconductors, Memory and SSDs

The US Department of Commerce has revised its Foreign-Produced Direct Product Rule and the Entity List in an attempt to further undermine Huawei.  This Smartkarma Insight looks at that rule to try and understand its likely implications to the broader semiconductor market over the longer term.  Our opinion is that US firms will be damaged as much as will Huawei.

The US Department of Commerce has revised its Foreign-Produced Direct Product Rule and the Entity List in an attempt to further undermine Huawei.  This Smartkarma Insight looks at that rule to try and understand its likely implications to the broader semiconductor market over the longer term.  Our opinion is that US firms will be damaged as much as will Huawei.

US-Huawei Battle Likely to Harm US Business

United States

Cadence Design Systems, Inc. provides software technology, design and consulting services and technology.  The Company licenses its electronic design automation software technology and provides a variety of professional services.  Cadence's design realization solutions are used to design and develop complex chips and electronic systems, including semiconductors.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Cadence Design Sys (CDNS US)

Charts to Watch #7

The last high is perfectly aligned with a down-sloping trendline. On the other side there is an interesting support close to 3,800. Is the index...

Market Radar

SNPS, CDNS. Babies Out With SaaSpocalypse Bathwater Or Fair Game?

Following on from NVIDIA's $2 billion investment in SNPS in December 2025, the WSJ is now reporting that Elliott has taken a multi-billion dollar...

William Keating

LiDAR Technology Leader with Proven Technology, Tier 1 Partners, and a Capital-Light Business Model

KEY POINTS AEye is the global leader in adaptive, high-performance LiDAR solutions. Its software-driven LiDAR platform (4Sight Foundation), and...

Water Tower Research

MV US Listed Semiconductor 25 Index Rebalance: 2 Changes & US$4.9bn Trade

ARM Holdings and Astera Labs replace Universal Display and Qorvo in March. Plenty of float and capping changes result in an estimated one-way...

Brian Freitas

US-Huawei Battle Likely to Harm US Business

The US Department of Commerce has revised its Foreign-Produced Direct Product Rule and the Entity List in an attempt to further undermine Huawei. ...

Jim Handy

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)