Japanese Equity Specialist, Ortus Advisors

Andrew Jackson

Japanese Equity Specialist

Ortus Advisors

Thematic (Sector/Industry)

<ul>
<li>SPE in Japan was aggressively sold yesterday but moves look excessive</li>
<li>US Homebuilder's gain after KB Homes beat priced in... upside for JP names should continue</li>
<li>Rohm's outlook remains cloudy as SiC prices likely to slide further as new Chinese supply hits the market.</li>
</ul>


SPE in Japan was aggressively sold yesterday but moves look excessive
US Homebuilder's gain after KB Homes beat priced in... upside for JP names should continue
Rohm's outlook remains cloudy as SiC prices likely to slide further as new Chinese supply hits the market.


Japan Morning Connection: Lukewarm Tech Rebound in the US Enough to Pause JP SPE Meltdown?

Taiwan Tech Focused Senior Analyst

Patrick Liao

Equity Bottom-Up

<ul>
<li>Considering of current financial outcome of <a href="https://www.smartkarma.com/entities/intel-corp" target="_blank" data-smartkarma-citation="entities:16764:1" rel="noopener">Intel Corp (INTC US)</a>, we cannot but favor <a href="https://www.smartkarma.com/entities/advanced-micro-devices-inc" target="_blank" data-smartkarma-citation="entities:19009:1" rel="noopener">Advanced Micro Devices (AMD US).</a>
</li>
<li>Currently, <a href="https://www.smartkarma.com/entities/advanced-micro-devices-inc" target="_blank" data-smartkarma-citation="entities:19009:1" rel="noopener">Advanced Micro Devices (AMD US)</a> has a more favorable competitive landscape compared to <a href="https://www.smartkarma.com/entities/intel-corp" target="_blank" data-smartkarma-citation="entities:16764:1" rel="noopener">Intel Corp (INTC US)</a>.</li>
<li>The competition in PC CPU emphasizes not only performance but also heat dissipation and other techniques related to supply management.    </li>
</ul>


Considering of current financial outcome of Intel Corp (INTC US), we cannot but favor Advanced Micro Devices (AMD US).

Currently, Advanced Micro Devices (AMD US) has a more favorable competitive landscape compared to Intel Corp (INTC US).
The competition in PC CPU emphasizes not only performance but also heat dissipation and other techniques related to supply management.    


Intel (INTC.US): Exploring a Tough Journey. (II)

<ul>
<li>Micron named as memory supplier for NVDA GPU's sent Micronics 12% yesterday.</li>
<li>Ibiden continues to look like a big Blackwell winner with momentum increasing off recent low.</li>
<li>Big outstanding short interest for Nikon making it a squeeze ready take-over target.</li>
</ul>


Micron named as memory supplier for NVDA GPU's sent Micronics 12% yesterday.
Ibiden continues to look like a big Blackwell winner with momentum increasing off recent low.
Big outstanding short interest for Nikon making it a squeeze ready take-over target.


Big Tech Fades on NVDA While Micron, Apple Supplies Gain

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

Shinko Electric Industries / Event-Driven

<ul>
<li>Over the last few days, <a href="https://www.smartkarma.com/entities/shinko-electric-industries" target="_blank" data-smartkarma-citation="entities:15066:1" rel="noopener">Shinko Electric Industries (6967 JP)</a> shares have dipped lower than the previous standard trading range. </li>
<li>I expect this weakness is related to investors in other deals deciding to sell this deal too. I <em>believe</em> it is not related to Shinko specifically.</li>
<li>For that, while gap risk remains somewhat high, I still see break risk as low and see this as a great opportunity to buy the dip.</li>
</ul>


Over the last few days, Shinko Electric Industries (6967 JP) shares have dipped lower than the previous standard trading range. 
I expect this weakness is related to investors in other deals deciding to sell this deal too. I believe it is not related to Shinko specifically.
For that, while gap risk remains somewhat high, I still see break risk as low and see this as a great opportunity to buy the dip.


Shinko Electric (6967 JP) Takeover - THIS Is a Dip to Buy

<ul>
<li>Sentiment for AI related rising with NVDA de-risked and outlook strong, despite the marginal beat.</li>
<li>Kioxia IPO pricing at $4.84bn supportive for memory ecosystem names.</li>
<li>Deere numbers and outlook for farming lifting AG machinery names - watch Kubota.</li>
</ul>


Sentiment for AI related rising with NVDA de-risked and outlook strong, despite the marginal beat.
Kioxia IPO pricing at $4.84bn supportive for memory ecosystem names.
Deere numbers and outlook for farming lifting AG machinery names - watch Kubota.


Japan Morning Connection: Risk-On for the AI Ecosystem

Japan

IBIDEN CO, LTD. develops, produces, and markets ceramics, housing materials, and electronics.  The Company's products include printed circuit boards (PCB), graphite specialties, integrated circuit (IC) packages, ceramic fibers, melamine decorative high-pressure laminates, and pre-cut structural materials.

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Ibiden Co Ltd (4062 JP)

Japan Morning Connection: Lukewarm Tech Rebound in the US Enough to Pause JP SPE Meltdown?

Japan SPE sold aggressively, homebuilders should continue to gain after KB Homes' beat, Rohm's outlook cloudy with SiC prices expected to drop with...

Andrew Jackson

Intel (INTC.US): Exploring a Tough Journey. (II)

Intel Corp's financial outcome favors Advanced Micro Devices in the competition for PC CPU market due to a more favorable competitive landscape.

Patrick Liao

Big Tech Fades on NVDA While Micron, Apple Supplies Gain

Micron's partnership with NVDA boosts stock, Ibiden gains momentum, Nikon a potential takeover target due to high short interest.

Andrew Jackson

Shinko Electric (6967 JP) Takeover - THIS Is a Dip to Buy

Earlier this month, specialised media wrote saying it looked like Shinko approval by SAMR would be forthcoming as local 3rd party objections were...

Travis Lundy

Japan Morning Connection: Risk-On for the AI Ecosystem

AI sentiment rising with NVDA de-risked, Kioxia IPO positive for memory ecosystem names, Deere's positive outlook lifts AG machinery names like...

Andrew Jackson

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Japan Morning Connection: Lukewarm Tech Rebound in the US Enough to Pause JP SPE Meltdown?

Japan SPE sold aggressively, homebuilders should continue to gain after KB Homes' beat, Rohm's outlook cloudy with SiC prices expected to drop with...

Andrew Jackson

Intel (INTC.US): Exploring a Tough Journey. (II)

​Intel Corp's financial outcome favors Advanced Micro Devices in the competition for PC CPU market due to a more favorable competitive landscape.

Patrick Liao

Big Tech Fades on NVDA While Micron, Apple Supplies Gain

​Micron's partnership with NVDA boosts stock, Ibiden gains momentum, Nikon a potential takeover target due to high short interest.

Andrew Jackson

Shinko Electric (6967 JP) Takeover - THIS Is a Dip to Buy

Earlier this month, specialised media wrote saying it looked like Shinko approval by SAMR would be forthcoming as local 3rd party objections were...

Travis Lundy

Japan Morning Connection: Risk-On for the AI Ecosystem

​AI sentiment rising with NVDA de-risked, Kioxia IPO positive for memory ecosystem names, Deere's positive outlook lifts AG machinery names like...

Andrew Jackson

Intel Corp's financial outcome favors Advanced Micro Devices in the competition for PC CPU market due to a more favorable competitive landscape.

Micron's partnership with NVDA boosts stock, Ibiden gains momentum, Nikon a potential takeover target due to high short interest.

AI sentiment rising with NVDA de-risked, Kioxia IPO positive for memory ecosystem names, Deere's positive outlook lifts AG machinery names like...