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China's Cambricon posts first profit as demand for this Nvidia rival's AI processors explodes

➀ Cambricon Technologies achieves its first quarterly profit in late 2024; ➁ Revenue surged nearly 70% in 2024; ➂ Cambricon's stock skyrocketed over 470% in the past year.

AI AI Processor China GPU Growth NVIDIA semiconductor

Apple Growth Market Share Samsung Xiaomi smartphones

Q4 smartphones up 2.4% as foldables wilt

➀ IDC reports a 2.4% year-over-year increase in Q4 smartphone shipments, marking the sixth consecutive quarter of growth and a full-year growth of 6.4%. ➁ The market is expected to continue growing in 2025, but uncertainty remains due to potential new tariffs. ➂ Xiaomi, Apple, and Samsung maintained their top positions, but all experienced year-over-year declines.

Linde Keeps Its Momentum Alive

1. Linde plc is a potential buy with steady growth over 10 years; 2. The industrial gases market is expected to grow significantly due to clean energy and decarbonization; 3. Linde's strong financials and proactive management strategies position it well for future growth.

Growth

Cash Flow Growth Valuation

Gorilla Technology: Impressive Growth Vs. Poor Cash Flow Conversion

1. The company has a robust revenue and profitability outlook with a large backlog and strong pursuit of multi-million-dollar deals. 2. The cash flow conversion profile is impaired due to high receivables from major government customers. 3. The P/E valuations are at a discount, but distorted by delays in cash flow conversion compared to revenue recognition. 4. Technical analysis shows a bullish trend but at a key resistance area, potentially muted outperformance against the S&P500.

Samsung re-engineering its HBM design

➀ Samsung is re-engineering its HBM chips as revealed at CES; ➁ Hynix has been leading the HBM market with about 50% of the revenues; ➂ The HBM market is expected to be worth about $14 billion last year and grow at a CAGR of ~38% to reach $37.7 billion by 2029.

DRAM Growth HBM Jensen Huang Market NVIDIA Revenue Samsung semiconductor

Growth SIA sales semiconductor

November semi sales up 20.7% y-o-y says SIA

➀ The SIA reported that November semiconductor sales reached $57.8 billion, up 20.7% year-over-year and 1.6% month-over-month; ➁ The global semiconductor market continued to grow substantially in November, with year-to-year sales increasing by more than 20% for the fourth consecutive month; ➂ Sales increased in the Americas (54.9%), China (12.1%), Asia Pacific/All Other (10.0%), and Japan (7.4%), but decreased in Europe (-5.7%).

Iceye raises $65m further funding for SAR imagery

➀ Iceye, a Finnish specialist in satellite-based SAR imagery, has raised an additional $65 million in funding. This brings the total raised in 2024 to $158 million, and over $500 million since its founding in 2014. The funds will be used to address the growing demand for space-based technology in defense and ISR markets. ➁ The latest round of funding includes participation from Solidium Oy, a Finnish state-owned investment company, and other investors. ➂ The funding round extension indicates a strong momentum for Iceye’s growth and investment in its capabilities.

Finland Growth ISR funding satellites technology

Green Brick Partners: Buy A Good Company With An Excellent Board

1. Green Brick Partners, Inc. (GRBK) has a gross profit margin of 32.7%, higher than its closest competitor at 28.8%. 2. The company's quarterly revenue reached $523 million, a 25.7% increase YoY. 3. By the end of 2024, the company has a total of 31,425 lots, compared to 6,420 in 2019. 4. The company's debt as a percentage of total capital is 16.4%.

Growth real estate

Q3 AR/VR headsets return to growth

➀ After two quarters of declines, Q3 shipments of AR/VR headsets rose 12.8% according to IDC, driven by Meta's Quest 3 and Sony's PSVR2. ➁ Mixed Reality headsets, like the Quest 3, are expected to grow 21.7% in 2025. ➂ Extended Reality devices are forecasted to have a 85.7% CAGR through 2028.

AR Growth IDC Meta Sony VR headset shipments

Enterprise Software Growth SaaS

monday.com: Uncommon Quality, Unseen Value

1. monday.com is a versatile SaaS platform offering adaptable, low-code solutions, contrasting with rigid, less user-friendly legacy providers like Salesforce and ServiceNow. 2. Despite its high valuation, monday.com shows strong growth metrics, including a 26% CAGR in customer base and 89.65% gross margins. 3. The company passes all factors in the Five Factor Model, with valuations acceptable provided management executes decently.

E-Commerce Growth technology

Alibaba: A Giant In Transition

1. Alibaba's core business stabilizes with record monthly active users and 46M loyal VIP members; 2. Political risk is at its lowest since COVID, and market share reduction eases monopoly concerns; 3. Cloud and AI show strong momentum with triple-digit growth in AI products and the Qwen 2.5 model outperforming Meta's Llama 3; 4. Trading at a significant discount, with loss-making segments expected to turn profitable within 1-2 years and international commerce growing 29% YoY.

Broadcom: Keep Calm And Let Profits Ride

1. AI-led growth acceleration in Broadcom's semiconductor solutions business has a long runway due to increased shipment volume. 2. VMware is driving strong margin expansion at a faster-than-expected rate. 3. Wall Street analysts are upgrading revenue, gross margins, and operating profit estimates, indicating bullish fundamental signs.

Growth semiconductor

Marvell Technology: Top Pick For AI Growth

1. Marvell Technology's data center growth surged in Q3'25, with a 98% increase driven by AI demand; 2. A major restructuring in Q3'25 refocused Marvell on data center products to enhance operational leverage and profitability; 3. Marvell's strategic partnership with AWS and advancements in custom AI silicon and optical products are expected to drive significant growth in eFY26.

AI Data center Growth

Equipment sales hit record $113bn, says SEMI

➀ SEMI forecasts semiconductor manufacturing equipment sales to grow 6.5% year-on-year to $113 billion in 2024, with projections of $121 billion for 2025 and $139 billion for 2026. ➁ The wafer fab equipment (WFE) segment is expected to grow 5.4% to $101 billion in 2024, driven by DRAM, HBM, and China. ➂ Back-end equipment sales are projected to surge, with test equipment sales increasing 14.7% in 2025 and 18.6% in 2026.

China DRAM Equipment Sales Growth HBM Korea NAND SEMI Taiwan foundry investment memory semiconductor

SentinelOne: Scaling Faster And Creating Value

1. SentinelOne stands out in the cybersecurity sector for its innovative AI-driven endpoint security and rapid scaling, despite a high optical valuation. 2. S is expected to achieve positive EBITDA and cash flow in 2025 at a faster pace than peers like Palo Alto and CrowdStrike. 3. With a projected 59% and 60% cash earnings growth in 2025 and 2026, the Company's valuation is relatively inexpensive at 1.0x PEG.

AI Growth cybersecurity

AI Conferences Edge Computing Growth MosChip SEMICONDUCTOR technology

Q3 EV sales up 19.3% y-o-y

➀ EV sales in Q3 2024 increased by 19.3% year-on-year, with 4.123 million units sold; ➁ Tesla held the top position with an 18.5% market share, followed by BYD with 17.5%; ➂ Chinese brands Leapmotor and Chery made notable gains in global BEV sales.

BEV BYD EV Growth Li Auto Market Share Tesla electric vehicles sales

semiwiki

7 months ago

2025 Outlook with Sri Lakshmi Simhadri of MosChip

➀ Sri Lakshmi Simhadri discusses MosChip's achievements in 2024;

➁ Challenges faced in adapting to market changes and hiring skilled professionals;

➂ Insights on the biggest growth area for 2025 in the semiconductor industry.

semiwiki

7 months ago

2025 Outlook with Oliver Jones of Sondrel

➀ Sondrel offers a comprehensive custom chip creation service focusing on meeting customer needs and ensuring quality;

➁ Anticipates growth in advanced semiconductor designs due to increasing complexity in electronics;

➂ Highlights importance of detailed project alignment with customers using an Architectural Specification stage.

Advanced Semiconductor Business Strategy Custom Chip Design Engineering Growth SEMICONDUCTOR Sondrel Technology Services

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