Meet Mark Mobius — a hedge fund OG and the founder of Mobius Capital Partners. He’s also known as “The Indiana Jones of Emerging Market Investing” — and for his bullish views on China. In a Bloomberg interview yesterday, Mobius said: Semiconductors are “the number one category we have in our portfolio.” “Both the US…
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Mobileye aims to go public in the first big tech IPO in what feels like forever
US investors are getting their first big tech IPO since January. Autonomous driving tech provider Mobileye is set to go public on Oct. 26, and the stakes are high. If they bomb, it’ll scare away others like Instacart, who also had plans to go public soon. Can Mobileye turn the IPO market around? This year,…
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The semiconductor industry is experiencing a really bad hangover
The demand for memory chips is seen as a benchmark for the health of the semiconductor industry. Why? They’re found in most electronic devices. They make up ~27% of the total semiconductor market. Diagnosing the industry’s health, we’d say it has a raging case of a Bull Market Hangover. The key symptoms are over-supply, collapsing…
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Nvidia gets 2018 flashbacks as chip demand craters and problems pile on
Nvidia is the most valuable U.S. semiconductor company. Their chips power nearly all digital devices like PCs, cars and phones. From 2020 to its 2021 peak, massive chip demand led to $NVDA rising over 400% — before cratering 56% this year. They’ve been here before. The chart above (grey line) shows Nvidia’s stock price change…
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How Taiwan’s semiconductor industry expertise became so desired globally
There are many reasons China may want Taiwan. Its strategic position off the coast of China, a history between the two that goes back centuries and last but not least — a lead in one of the most important areas of technology. Taiwan has something desired by the whole world… …Expertise and a lead in…
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The CHIPS Act delivers a temporary boost for semiconductor stocks
After years stuck in the White House void, a $52B legislative package aimed to boost domestic chip manufacturing is nearing the finish line. America’s chip manufacturing was once great …Then, its dominance eroded over the past 30 years. The U.S.’ global share fell from 37% of global semiconductor manufacturing to just 12%. Manufacturing moved to…
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Semiconductor stocks fall as recession concerns impact chip demand
Semiconductor stocks collectively fell on Friday after chipmaker Micron (NASDAQ:MU) reported earnings that sent a strong message: years of high chip demand may be coming to an end. What’s the big deal? For the past two years, chipmakers have struggled with parts shortages, rising material costs and supply chain issues, which led to massive auto…
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Cracks start to show in the semiconductor industry
Semiconductors have traditionally been a cyclical industry — prone to periods of booms and busts. After going through a significant boom period in recent years, investors worry about what comes next. Heart of everything digital Semiconductor chips are (literally) at the heart of electronics, cars and data centers. During COVID, chip demand went through the…
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AMD crushes earnings as the semiconductor braces for change
The semiconductor industry is going through a massive change — which could change investors’ outlook on the sector. AMD (NASDAQ:AMD) is giving us a taste of what’s to come this year — via their fourth quarter earnings — and investors are hungry for more… Bright future for semiconductors In 2021, semiconductor companies had their best…
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Nvidia’s mega ARM acquisition looking bleak
Chipmaking giant Nvidia (NASDAQ:NVDA) may have to give up on the biggest semiconductor deal in history via the purchase of ARM — a deal that may have been dead on arrival. What’s the big deal? ARM’s computer chips are found in nearly everything (i.e. phones, cars, equipment, etc). Many feared the acquisition would have given…
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