Revenue Outlook - The company has updated its full year 2025 revenue outlook to a range of $885 to $900 million, compared to the previous range of $875 million to $925 million [1] - Projected revenue for 2026 is expected to be between $1,080 million and $1,175 million, based on assessments of international trade policies, customer spending scenarios, supply chain constraints, and tool acceptance timing [2] Growth Strategy - The company anticipates a higher revenue growth rate in 2026 due to healthy investments in production capacity and market share gains from newer products [3] - The company expects stable wafer fabrication equipment (WFE) spending from customers, with contributions from single-wafer SPM cleaning tools, Tahoe cleaning tools, and Furnace series tools [3] - Investments in Oregon are being accelerated to support the industry's shift towards domestic semiconductor production [3] Financial Reporting - The company plans to release its fourth quarter and full year 2025 financial results in late February 2026, with the 2025 revenue outlook being preliminary and subject to review and audit [3]

In semiconductor production as in Shakespeare, timing is everything, writes @cathythorbecke (via @opinion) https://t.co/78LnEJb3AA ...

RT Bloomberg New Economy (@BBGNewEconomy)In the #BloombergNewEconomy #ChartoftheWeek we explore how global semiconductor production has shifted east — with Asia now leading the world’s chip output.For more on the technologies shaping tomorrow’s economy join us November 19–21. https://t.co/Ed2uAXAtOf https://t.co/hlhY0GMk45 ...

A major blow for the Trump administration's chip plan. Taiwan's tariff negotiators said this week they never discussed commerce secretary Lutnik's 50-50 semiconductor production split and they're just not interested. This matters because Secretary Lutnik's threatening 100% tariffs unless companies make one chip domestically for every chip imported.But raw semiconductor imports were only $45 billion last year, about 1% of total US imports. Most chips come in finished products like phone and servers. Enforcin ...

Core Insights - Veralto Corporation (VLTO) is strengthening its leadership in the Water Quality segment, capitalizing on growth opportunities in the U.S. industrial and municipal sectors [1][4] - The CHIPS Act of 2022 is a significant tailwind for VLTO, enhancing semiconductor production which requires ultra-pure water, a critical input for advanced chip manufacturing [1][4] - Long-term demand for digital tools and technologies is expected to drive sustained growth in semiconductor production, benefiting VLTO's water solutions [2] Industrial Sector - The semiconductor sector, despite recent challenges, has a positive long-term outlook due to rising demand for digital tools, AI, and autonomous technologies [2] - VLTO's focus on high-purity applications for semiconductors differentiates it from competitors like Xylem (XYL), positioning the company to capture a significant market share [2] - Xylem continues to innovate in industrial water treatment, indicating a competitive yet expanding sector [2] Municipal Sector - Increased U.S. government funding for water infrastructure improvements is a strong catalyst for growth in the municipal sector [3] - Investments aimed at modernizing water systems across the U.S. are expected to enhance demand for VLTO's scalable water solutions [3] - The company's ability to provide tailored solutions positions it well to benefit from these initiatives, alongside competitors like Pentair (PNR) [3]

Core Viewpoint - Apple has announced a significant expansion of its U.S. investment strategy, committing an additional $100 billion to American manufacturing over the next four years, following a previous $500 billion commitment [1][4]. Investment Strategy - The new investment is part of Apple's American Manufacturing Program (AMP), which aims to deepen the supply chain and boost domestic production [5]. - Key partners in the AMP include major companies such as Corning, Texas Instruments, and Samsung [5]. Financial Performance - Apple reported strong third-quarter fiscal 2025 results, with earnings per share of $1.57, exceeding estimates and showing a 12.1% increase year-over-year [8]. - Revenues rose 10% year-over-year to $94 billion, surpassing the estimated $88.9 billion, marking the highest quarterly revenue growth in over three years [8]. Production and Employment - As part of the AMP, Apple has committed $2.5 billion to manufacture all iPhone and Apple Watch cover glass in the U.S. and plans to hire 20,000 U.S. employees [6]. - Apple aims to produce over 19 billion chips by 2025 and is investing in cloud infrastructure and talent development [7]. Market Response - Following the announcement of the new investment, Apple shares increased by 5.1% on August 6 [3]. - Investors are encouraged to consider ETFs with significant allocations to Apple, such as Global X PureCap MSCI Information Technology ETF and Vanguard Information Technology ETF, which have strong buy ratings [3][11][12]. Future Outlook - For the ongoing fiscal fourth quarter, Apple expects "mid to high-single digit" sales growth, although tariffs pose a significant challenge, with anticipated costs of approximately $1.1 billion due to new tariffs [10].