Managing Director, Zero One, Zero One

Vincent Fernando, CFA

20 years of experience researching capital markets in Asia and the USA.

Managing Director, Zero One

Taiwan Tech Weekly: TSMC Wins Major U.S. Support; Nanya Results; UMC Rush Orders

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Nanya Technology Sees DRAM Industry Pricing Rising Through 2024E; But Is Underperforming Financially

Memory Monitor: Nanya Management Provides More Color on DRAM Cycle Bottom; Elan a Long W/ More Edge

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Memory Monitor: Micron Leapfrogging Into HBM3E for AI; Nanya Lagging Peers But Poised to Benefit

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Silicon Motion Memory Readthrough: NAND Flash to Remain In Shortage; Up-Cycle to Persist

Zero One

Founded in 2015, Zero One produces independent investment research and provides corporate finance advisory services with a focus on both listed and private technology companies. Founder Vincent Fernando has over 20 years of experience in US and Asia capital markets.

Independent Investment Research

Equity Bottom-Up

<ul>
<li>DRAM producer Nanya Tech will report its 1Q24E results on April 10th.</li>
<li>While Micron has said it is evaluating the impact of the Taiwan earthquake on its operations and has halted price discussions with clients, Nanya could provide latest DRAM outlook color.</li>
<li>Short interest has spiked ahead of Nanya's results; We note that the company has a large revenue and margin rebound it needs to deliver on to meet 2024E consensus.</li>
</ul>


DRAM producer Nanya Tech will report its 1Q24E results on April 10th.
While Micron has said it is evaluating the impact of the Taiwan earthquake on its operations and has halted price discussions with clients, Nanya could provide latest DRAM outlook color.
Short interest has spiked ahead of Nanya's results; We note that the company has a large revenue and margin rebound it needs to deliver on to meet 2024E consensus.


メモリモニター：Nanyaの調査結果が地震後のDRAMの最新情報を提供、ショートインテリジェンスが上昇