Daily Brief TMT/Internet: Tencent, Super Micro Computer, Apple , NVIDIA Corp, Taiwan Semiconductor (TSMC), Toyo Corp, Valuetronics Holdings and more

• This Insight analyses Tencent (700 HK)tailor-made option strategies traded over the last five trading days on the Hong Kong Exchange. Strategy highlights and volatility context are provided.
• These traders tailor structures to risk budgets and take calculated bets. Diagonal call spreads are popular, many self-financing (0% premium). This strategy can play the 18 March earnings date.
• Call spreads can indicate where bullish traders see limits to the upside. The most bullish trade suggests a peak of up to 710 HKD by the end of March.

• The company filed the required SEC filings right on the deadline of 25 February 2025, thus has avoided a Nasdaq delisting and consequently a deletion from s&p500 and other indices.
• The security continues to be a contender for Nasdaq-100 inclusion at the December 2025 annual review.
• The stock is up ~21.7% pre-market following the SEC filings.

• iPhone 16e starting at $599, positioned as entry level but not bare bones
• Apple targeting customers who hold onto phones for a long time with best battery life in any iPhone
• Modem C1 upgrade seen as key contributor to improved battery life, but was not highlighted in launch, raising questions about performance quality

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• Tencent (700 HK) stock options expiring on Thursday, February 27, show a concentration of approximately 40,000 open contracts at the 500 strike price, currently at the money.
• The open interest at the 500 strike may increase volatility and trading activity near expiry if the stock price hovers around 500, possibly leading to amplified intraday price swings.
• At the last monthly expiry in January the stock experienced intraday price swings of 2.5%.

• Lite On Signals for Continued Strength in Cloud/AIOT Ahead of Upcoming Nvidia Results
• Lite On’s 1Q25E Outlook Was Positive and Did Not Indicate A Near-Term Slowdown
• Industry Take-Aways — Still No Signs of Acceleration on PC/Consumer… However Signals Cloud/AIoT Demand Healthy

• Trump administration wants TSMC to partner with Intel to strengthen US ties, potentially impacting global server market.
• WNC to unveil new 5G and AI connectivity solutions at MWC 2025 Barcelona, boosting industry innovation and technology.
• Vivo aims for 30% sales growth in Taiwan by 2025 with V50 launch, while Tata plans to sign 10 MoUs in semiconductor sector.

• Nvidia has been the unrivaled darling of the AI boom, establishing itself as a portfolio must-have, and is now the second-most valuable company in the world. 
• Wafer-Thin AI chips are the company’s biggest earnings driver, but Nvidia is growing in other high-margin segments too, including software, gaming, and automotive.
• Here’s what makes this company important, what to expect next from the tech giant, and – most interestingly – what Nvidia’s stock is really worth.

• NVIDIA Corp (NVDA US) will release its earnings at the end of today’s US session. This insight offers a quick view of possible support and resistance for derivatives traders.
• The stock is currently mildly oversold, aroud 50% probability of reversal according to our quantitative PRICE model and about 78% probability of reversal according to our quantitative TIME model.
• WEEKLY TACTICAL TARGETS: buy below 125 (with room to go to 92 if the earnings are disappointing) and sell above 147 (the limit should be 161).

• A high hurdle for OP in Q1 – Q1 FY9/25 results showed normalisation of OP growth as the one-off impact from a large order for AD (autonomous driving) / ADAS (advanced driver assistance systems came off compared to Q1 FY9/24.
• As a result, Toyo Corporation reported an operating loss, normalising to more ordinary performance for Q1 when OP tends to be weak due to seasonality.
• Notwithstanding the seasonal loss, the Q1 FY9/25 results were in line with the company’s initial plan. 

• Singapore’s Mid-to-Small Cap group averaged S$40 million daily trading turnover, with Technology stocks contributing 35% over 8 weeks.
• UMS, CSE Global, and Valuetronics ranked among the top 10 Mid-to-Small Cap stocks with highest net institutional inflow.
• PC Partner Group anticipates FY24 net profit of at least HK$250 million, up from HK$60 million in FY23.