Tech/ Semicon is the future... more and more things require chips/ tech and it will be more in demand than ever... Needless to say 5g / 6g will induce further updates of chips/ tech... Hence it will be great growth industry for at least 3 -4 years.
Only IGNORANT person and someone WITHOUT forward looking mindset would encourage others not buy tech stocks.
Tech stock is a MUST to hold if you want to ride on the future tech trend. Any correction is an opportunity to collect some..
Global chip shortage may last until 2023, says Infineon CEO Author: Tan KW | Publish date: Tue, 17 Aug 2021, 10:37 AM
FRANKFURT: The global chip shortage that’s hampering companies from carmakers to computer manufacturers may linger for years, according to Germany’s biggest semiconductor company, Infineon Technologies AG.
The scarcity “may stretch into 2023” in areas where capacity expansion is slow to catch up with consumer demand, Reinhard Ploss, chief executive officer of Infineon, said in an interview with Frankfurter Allgemeine Zeitung.
“Building new facilities and clean rooms in which the silicon wafers are processed into chips can take two to two and a half years; upgrading existing facilities three quarters to one year,” he said.
The chip crunch this year is hurting production at companies from Tesla Inc to Apple Inc and Microsoft Corp.
The amount of time it’s taking for manufacturers to get orders filled stretched to more than 20 weeks in July, worsening from the previous month, research by Susquehanna Financial Group showed.
Increased work-from-home needs and the catch-up effect in the automotive industry following pandemic-fuelled delays have become major drivers for the chip industry, according to Ploss. He also cited faster adoption of electric cars and growing demand for renewable energy among factors contributing to the shortage.
Among European companies affected is Volvo Car AB.
Its plant in Ghent, Belgium plant won’t run for three days next week due to chip shortages with some 5,000 workers being temporarily unemployed, the De Tijd newspaper reported, citing a company spokesperson.
The plant had shut for five days in the first half for similar reasons.
Ploss called for more efforts in Europe to reduce the continent’s dependence on foreign exporters in the semiconductor business.
He’s “open” to cooperating with other companies as long as it fits Infineon’s business strategy, he said.
OSAT & EMS players are merely subcon in layman terms.
TSMC output will be hitting max 3rd Qtr 2021. No room for adding new capacity over the next 2 years.
Revenue 'million
30 Jun 21 - TWD 13,289 31 Mar 21 - TWD 12,919 31 Dec 20 - TWD 12.676 30 Sep 20 - TWD 12,138 30 Jun 20 - TWD 10,385
TSMC is the price setter of semiconductor chips and the market offers merely PER 30x. The company will keep growing in next 2 years as they can simply increase prices of the products. TSMC, Samsung and Intel had their plans for the new chips factory. Unfortunately, the new capacity will only be ready after 30 months.
In the absent of new chips capacity, how on earth our Bursa OSAT, ATE and EMS to grow the business in year 2022 and 2023?
For Ignorant investors, first semicon players are expanding their capacity with more Capex (if you dont read news at all) secondly max capacity means good profit... Duh...
International vegetable oils expert Thomas Mielke expects crude palm oil (CPO) to undergo a price correction of between 15% and 20% by the end of the year.
Mielke, who is executive director of ISTA Mielke GmBH (Oil World), said CPO price could weaken by end-December and will continue to see more weakness in the first half of 2022.
A serious semiconductor investor would talk about moats of the prominent players in the industry rather than living in the world of Bursa ie ASML, TSMC, Lam Research, ADI, Nvidia, Broadcom...
International vegetable oils expert Thomas Mielke expects crude palm oil (CPO) to undergo a price correction of between 15% and 20% by the end of the year.
Mielke, who is executive director of ISTA Mielke GmBH (Oil World), said CPO price could weaken by end-December and will continue to see more weakness in the first half of 2022. t TheStar 18/8/21
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
brian3381
1,888 posts
Posted by brian3381 > 2021-08-17 21:46 | Report Abuse
Hahahaha. Y not u screen shot topgainers? Stil got vitrox n mpi inside top gainers.