SEMICONDUCTORS-AMD reaffirms with its forecasts, the title rises



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Jan 29 (Reuters)

* AMD RASSURE WITH YOUR FORECAST, TITLE CLIMPS

January 29 – Advanced Micro Devices announced Tuesday's record growth for its data center chips business and posted an annual revenue forecast surpassing expectations, allowing its share to rise 6.5% by the end of the year . on Wall Street.

The US group expects a nearly 10% increase in its revenue in 2019, while the consensus was 6%.

In the fourth quarter, AMD improved its gross margin by four points to 38% and forecasts further improvement this year to more than 41%.

Revenue fell 4.1 percent to $ 1.42 billion in the quarter, compared to a consensus of $ 1.44 billion, but the computer and graphics segment, which includes data, rose 8.5 percent to 986 million , more than expected.

Excluding items, earnings per share reached eight cents, analysts expected according to IBES Refinitiv.

AMD's share has increased 55% since the beginning of the year, compared with a 7% increase for the S & P 500 index.

* NVIDIA CONSULTATION ON RESULTS WITH CHINA

January 28 – Nvidia lowered its fourth-quarter revenue forecast for its fiscal year ended Sunday due in particular to the deteriorating economic environment, especially in China, which weighed on demand for its video game processors.

The California group, which also suffered in the data center processor market, is now expecting quarterly revenue of $ 2.20 billion, up from $ 2.70 billion previously.

"Q4 has been an extraordinarily hectic and disappointing quarter," said director Jensen Huang, quoted in a statement.

Main quarterly results of other companies in the sector:

* INTEL ANNOUNCES EXPECTATIONS UNDER EXPECTATIONS FOR THE FIRST QUARTER

January 24 – Intel posted below-expected forecasts for the current quarter on Thursday and also lost its consensus on fourth-quarter revenue due to a slowdown in China and lower demand for its revenue. chips for modems and data centers.

Bob Swan, the general manager-in-office, explained the decline in sales in China, with some customers anticipating their purchases earlier in the year for fear of raising rates. In the United States, buying habits remained the same, he said.

The group expects revenue of $ 16 billion ($ 14.1 billion) and adjusted earnings per share of 87 cents for the current quarter, while analysts expected $ 17.35 billion and $ 1.01 respectively according to consensus of IBES Refinitiv.

* RENEWAL OF STMICROELECTRONICS IN THEIR PERSPECTIVES

January 24 – STMicroelectronics expects many of its peers to see a fall in sales in the first quarter penalized by a fall in demand for smartphone components, but the group promises a recovery in the second quarter.

The maker expects net sales in the first quarter of about $ 2.1 billion, down 20.7% from the previous quarter, penalized by a downturn in several of its markets, including components for smartphones.

STMicroelectronics, however, promises a return on sales growth in the second quarter with the end of the inventory correction phenomenon that has affected sales of microcontrollers in recent quarters.

* TEXAS INSTRUMENTS BAT THE CONSENSUS

January 23 – Texas Instruments, Apple's supplier, among others, released a quarterly profit above expectations on Wednesday, despite a low consensus volume.

The US group, which produces touchscreen components and power management chips, posted a 1 percent drop in sales in the last three months of 2018 to $ 3.72 billion. (3.27 billion euros), while financial analysts expected, on average, 3.74 billion according to IBES-Refinitiv data.

Net income reached $ 1.24 billion, or $ 1.27 per share, compared with $ 344 million (34 cents / share) a year earlier, thanks to a sharp decline in tax provisions. Excluding the extraordinary, earnings per share were $ 1.27, three cents above the consensus.

* ASML DOES NOT SEE LOW CHINESE DEMAND

January 23 – ASML said its revenue for the first quarter of 2019 would be lower than in the same period of 2018 due to the postponement of orders from some customers from the first to the second half.

The Dutch supplier of recording systems used by Intel, Samsung and TSMC, which also posted a profit above the expectations of financial analysts for the fourth quarter of 2018, and sees its sales retreating to 2.1 billion euros first quarter 2019 compared to 2.3 billion a year earlier.

"The whole year will be fine, but the first quarter will not be good," said Peter Wennink, CEO of ASML. The group notes, however, that it still expects "solid" demand from China, unlike other players, Apple in the lead, which revised down its forecasts due to weakness in the Chinese market.

* TSMC PESSIMISTE ON SALES OF Q1 2019

January 17 – Taiwan Semiconductor Manufacturing (TSMC) predicted on Thursday a nearly 14% drop in first-quarter sales, its biggest drop in 10 years, which is expected to fuel fears of slowdown in global demand for smartphones.

TSMC, which counts Apple among its customers and has a market capitalization of approximately $ 185 billion (162.5 billion euros), announced a 2% increase in sales in the fourth quarter and a slight increase of 0.7% , of its net income, in line with expectations.

For the current quarter, the group expects revenues of $ 7.3 to $ 7.4 billion, reflecting, according to Refinitiv data, the biggest decline since the first quarter of 2009, when it had dropped 54% in US dollars. Taiwan.

* DIALOGUE ANNOUNCES T4 ON FORK BACKGROUND

January 14 – Dialog Semiconductor on Monday reported a fourth-quarter interim revenue of 2018 at the bottom of the range of its forecasts.

The company said its unaudited sales totaled $ 431 million (376 million euros) in the period, while it projected a total between 430 and 470 million.

Dialog Semiconductor, 75% exposed to Apple in terms of turnover, was, as its peers, heavily hurt in the stock market earlier this year, following the unprecedented warning from the US electronics giant. (Business Service)

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