ASML is the only company that produces equipment needed to make the most sophisticated semiconductors, and demand for its products is a bellwether for the industry’s health.

AMD, which began 2023 at $64 a share and ended at $147, predicts $2 billion in AI data center revenue this year.
All eyes are on Nvidia, which is expected to bring in 60B+ this year, but if AMD holds on to at least 10% of the market, it means huge growth for team red.

Note that these results came from one retailer in Germany and don't represent the market as a whole, but it's still impressive.

Yesterday was a big day for Intel:

• The Intel Core Ultra 100H has gotten pretty favorable reviews on launch day.
• CEO Pat Gelsinger fired a shot across Nvidia's bow saying 'The entire industry is motivated to eliminate the CUDA market' I mean, he's not wrong, but it's a ballsy thing to say on stage.
• Intel stock has been on a tear, rising 38% over the past month

AMD delivered decent results for Q3, but Wall Street was disappointed by its guidance for Q4.

After hours trading was low, as much as -4% at times, but recovered after the earnings podcast and Q&A. CEO Lisa Su predicted MI300 AI chip sales of $400m in Q4 and $2b for Fy2024.

Slide show: https://d1io3yog0oux5.cloudfront.net/_bb564a866bc41f45b16c329e8171eb02/amd/db/778/6935/file/AMD+Q3%2723+Earnings+Slides.pdf

Samsung fell slightly short of revenue estimates but beat earnings estimates by a slim margin.

Earnings beat from STM. The semiconductor market is showing strength despite all the calls for a recession.

I've never heard of ASE before, they provide semiconductor manufacturing, packaging, testing, etc. which could really be anything. But apparently it's a $17B company and pays a 7% dividend.

I gotta admit, I'm surprised by this. I mean I know Intel will come back in force eventually, but I didn't expect a profit this quarter.

Welcome to Chip Stocks!

MSFT and GOOGL report earnings tomorrow, followed by META on Wednesday - not chip companies, but big players in the AI market, so hopefully they'll give some guidance on data center spending for this quarter.

FMAIL(Five minutes ago I learned) you can copy cells from Open Office, paste them into a Lemmy comment and they'll be converted to an image. Open Source for the win!