Daily BriefsTMT/Internet

TMT: Intel Corp, Cyient Ltd, Wipro Ltd and more

In today’s briefing:

  • Why Would Intel Buy Global Foundries?
  • Double-digit growth in Services to drive re-rating
  • Wipro (HOLD): Simplified operating model pays off

Why Would Intel Buy Global Foundries?

By Aaron Gabin

We think its a bonkers idea for Intel to acquire Global Foundries. Unless it wants to accelerate its margin demise. 

Obex’s fundamental research process is focused on secular change in the TMT and Consumer sectors. We seek to differentiate between fundamental business analysis and security analysis. Before deciding if a security’s pricing and positioning merit a long or short position, we analyze the four pillars of business fundamentals (Secular Factors, TAM, Competitive Advantage, Business Model) in order to determine if this is a “good” or “not so good” opportunity.  


Double-digit growth in Services to drive re-rating

By Motilal Oswal

Double-digit growth in Services to drive re-rating Valuations inexpensive; maintain Buy Motilal Oswal values your support in the Asiamoney Brokers Poll 2021 for India Research, Sales, Corporate Access and…

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Wipro (HOLD): Simplified operating model pays off

By BOB Capital Markets Ltd.

WPRO posted an upbeat QoQ performance in Q1FY22 with 12% CC revenue growth, ahead of our (8.9%) and street estimates

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

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