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Akamai Technologies, Inc. Message Board

bigchad789 2 posts  |  Last Activity: Jul 11, 2014 7:55 AM Member since: Oct 6, 2009
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  • Nanya Technology raises outlook on robust demand

    By Lisa Wang / Staff reporter
    PC DRAM chipmaker Nanya Technology Corp yesterday raised its business outlook for the current quarter, saying that robust demand would boost chip prices by 5 percent sequentially rather than 2 percent, as strong momentum had helped boost revenue to exceed its expectations last quarter.
    “In the third quarter, we are seeing strong demand from almost all segments, including PCs, servers and handsets, because of seasonal factors,” Nanya Technology vice president Lee Pei-ing (李培瑛) said by telephone. “We are expecting supply constraint to take place in the third quarter.”
    Memory chips used in PCs, servers and mobile phones account for about 80 percent of Nanya Technology’s revenue.
    Last quarter, the company’s revenue inched up 1.97 percent to NT$11.92 billion (US$398 million) from NT$11.69 billion in the previous quarter, Nanya Technology reported on its Web site.
    Lee attributed the growth to a milder-than-expected 3 percent price decline. In April, the company forecast that the average selling price of its chips would slide 5 percent sequentially last quarter.
    “The latest figures and overall market situation are all better than expected,” Lee said. “Chip price started to rebound in April and continued rising by 5 percent month-on-month last month.”
    Meanwhile, Inotera Memories Inc , a DRAM joint venture between Nanya Technology and US-based Micron Technology Inc, yesterday said revenue contracted 5 percent to NT$7.11 billion last month from NT$7.49 billion in May, with second-quarter revenue increasing 6.77 percent to NT$21.6 billion from NT$20.23 billion in the first quarter.

    Sentiment: Strong Buy

  • bigchad789 bigchad789 Jul 4, 2014 9:28 PM Flag

    July 3, 2014, 3:47 P.M. ET
    Intel, Linear: May Chip Data Healthy, Says Wells; DRAM Run Can’t Last

    By Tiernan Ray

    Wells Fargo’s semiconductor analyst David Wong today offers up positive news on the industry, writing that data released by the Semiconductor Industry Association showed an 11% rise in chip sales in May, year over year, better than April’s 9% increase.

    Wong, who rates shares of Intel (INTC), Linear Technology (LLTC), Micrel (MCRL), and Qualcomm (QCOM) Outperform, writes that “the solid growth numbers of the last few months suggest firm demand for chips and support our full year growth projection for 2014 of 8-12%.”

    He notes that IC sales were up 11%, analog chip sales were up 17%, and DRAM sales wre up a whopping 30%, better than the 25% DRAM jump in April, and the same as March’s increase.
    Wong thinks DRAM can’t continue on this upward surge, and he’s also skeptical of the fervor for NAND chip makers, and he has an Underperform rating on shares of one of them, Micron Technology (MU):
    We think that it is improbable that global DRAM sales can truly grow at 25-70% year-over-year for more than a brief period. We expect decelerating bit growth and falling pricing to drive down DRAM sales growth through 2014. NAND sales declined 7% year-over-year in May, after decreasing 8% in April and increasing 2% year-over-year in March. We think that these are unimpressive growth numbers for a sector that we believe most investors view as having higher-than-average secular growth potential.

    Sentiment: Strong Buy

AKAM
58.24-1.56(-2.61%)Oct 1 4:00 PMEDT

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