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

Thematic (Sector/Industry)

Monthly chip revenues declined slightly in November, according to the SIA.  This SmartKarma Insight examines recently-reported industry revenues to see how they compare with the long-term trend and to understand whether or not the current uptick is likely to continue.  The conclusion is that today's market is higher than it would be if the China-US trade war were not a concern.  A mid-2020 collapse is more than likely.

Monthly chip revenues declined slightly in November, according to the SIA.  This SmartKarma Insight examines recently-reported industry revenues to see how they compare with the long-term trend and to understand whether or not the current uptick is likely to continue.  The conclusion is that today's market is higher than it would be if the China-US trade war were not a concern.  A mid-2020 collapse is more than likely.

November Semiconductor Stats Good, But China Inventory Build May Be Misleading

2020 will experience a turnaround in semiconductor revenues, especially its most volatile (and largest) sector: memory chips.  This turnaround will change the  attitude of investors to this  market, leading to stock price gains well in advance to these companies' returns to profits.  Major companies to watch will be SK hynix, and Micron Technology, while privately-held Kioxia may schedule its IPO for 2020.  Samsung Electronics and WDC should experience more modest price increases because of the more  diverse nature of their businesses.

2020 will experience a turnaround in semiconductor revenues, especially its most volatile (and largest) sector: memory chips.  This turnaround will change the  attitude of investors to this  market, leading to stock price gains well in advance to these companies' returns to profits.  Major companies to watch will be SK hynix, and Micron Technology, while privately-held Kioxia may schedule its IPO for 2020.  Samsung Electronics and WDC should experience more modest price increases because of the more  diverse nature of their businesses.

All leading memory makers have released their earnings, and this allows us to see how the market is developing and how the various participants are faring compared to the market as a whole.  In brief, all appear to be dealing with the  current downturn relatively consistently, with the major difference being each company's margins.  This Insight explores total memory revenues at a relatively high level and gives an outlook for future years.

All leading memory makers have released their earnings, and this allows us to see how the market is developing and how the various participants are faring compared to the market as a whole.  In brief, all appear to be dealing with the  current downturn relatively consistently, with the major difference being each company's margins.  This Insight explores total memory revenues at a relatively high level and gives an outlook for future years.

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

Encouraging developments continue to pour in. Over the past week we have seen dramatic improvements that could be setting the stage for a broad-based advance. We highlight these improvements in this report, along with what we would like to see in order to have confidence in labeling this a bull market.  In today’s report we also highlight attractive Groups and stocks within Energy, Financials, Manufacturing, and Technology: Refining, Banks, Super-Regional, Industrial, Diversified, Large-Cap, and Data Storage Solutions &amp; Devices, Large-Cap.

Encouraging developments continue to pour in. Over the past week we have seen dramatic improvements that could be setting the stage for a broad-based advance. We highlight these improvements in this report, along with what we would like to see in order to have confidence in labeling this a bull market.  In today’s report we also highlight attractive Groups and stocks within Energy, Financials, Manufacturing, and Technology: Refining, Banks, Super-Regional, Industrial, Diversified, Large-Cap, and Data Storage Solutions &amp; Devices, Large-Cap.

U.S. Equity Strategy: Dramatic Improvement

At the beginning of October WSTS released its worldwide semiconductor revenue compilation for August.  The semiconductor market is in a period of uneasy stability that this analyst expects to end soon.

At the beginning of October WSTS released its worldwide semiconductor revenue compilation for August.  The semiconductor market is in a period of uneasy stability that this analyst expects to end soon.

Semiconductor Revenues On-Trend for August

United States

Western Digital Corporation is a global provider of solutions for the collection, storage, management, protection and use of digital content, including audio and video. The Company's products include hard drives, solid-state drives, and home entertainment and networking products.

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Western Digital (WDC US)

November Semiconductor Stats Good, But China Inventory Build May Be Misleading

Monthly chip revenues declined slightly in November, according to the SIA. This SmartKarma Insight examines recently-reported industry revenues to...

Jim Handy

2020 High Conviction: Memory Chip Makers

2020 will experience a turnaround in semiconductor revenues, especially its most volatile (and largest) sector: memory chips. This turnaround will...

Jim Handy

Memory Market Revenue Overview 3Q19

All leading memory makers have released their earnings, and this allows us to see how the market is developing and how the various participants are...

Jim Handy

U.S. Equity Strategy: Dramatic Improvement

Encouraging developments continue to pour in. Over the past week we have seen dramatic improvements that could be setting the stage for a...

Vermilion Research

Semiconductor Revenues On-Trend for August

At the beginning of October WSTS released its worldwide semiconductor revenue compilation for August. The semiconductor market is in a period of...

Jim Handy

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