Vi e w p o i n t | 10 Mar 2026 04:49:04 ET │ 11 pages China Economics Trade Starts Strong Despite Front-Loading Distortions CITI'S TAKE China's trade data massively beat expectations in the first two months, with exports up 21.8%YoY and imports 19.8%YoY. The late Chinese New Year and the pending tax rebate cut could have led to a front-loading effect. Still, the underlying momentum looks stronger than expected, and the IEEPA ruling was also more favorable than expected for China. The robust start in trade p ...

Anji Micro (688019.SS): CMP slurry/ Wet chemical growth riding on semis capacity expansion; 4Q preliminary result overall in line; Buy Anji Micro is expanding CMP slurry and wet chemical business, driven by rising demand from advanced node (memory, advanced logic) clients' expansion and enhanced products. The company reported 4Q25 preliminary result; revenues were in line with guidance at 32% YoY (or 3% QoQ) to Rmb692m, and 4Q NI grew 28% YoY, or 4%/ 3% lower than our estimates and company's guidance. We re ...

Core Insights - The article highlights the significant role of fiber-optic cables in the AI infrastructure, emphasizing Corning's position as a leading supplier in this market [2][6][8] - Corning's stock has seen a remarkable increase of 170% over the past year, outperforming major competitors like Nvidia, AMD, and Broadcom [3][12] - The demand for optical fiber in data centers is expected to triple in the long term, driven by the needs of AI developers [8] Company Performance - Corning reported $16.4 billion in core revenue for 2025, marking a 13% increase from the previous year, with its optical communications segment contributing $6.2 billion and growing at 35% [9][10] - The enterprise segment of the optical communications business generated $3 billion in revenue, up 61%, with hyperscaler customer revenue more than doubling [10][11] - The optical communications business achieved a record profit of $1 billion in 2025, a 71% increase from the prior year, contributing to core earnings of $2.52 per share [11] Market Position and Valuation - Corning's stock is currently trading at a P/E ratio of 48.9, which is higher than the Nasdaq-100 index's P/E ratio of 31.8, indicating a premium valuation [12][14] - Despite being considered fully valued, there is potential for upside as earnings are projected to grow to $3.11 per share in 2026 and $3.87 per share in 2027, leading to forward P/E ratios of 39.6 and 31.8 respectively [14][15] - Corning is finalizing additional agreements similar to its recent $6 billion deal with Meta, which may lead to upward revisions in earnings forecasts [15]

Core Insights - Advanced Micro Devices (AMD) is emerging as a significant player in the AI chip market, indicating its potential for growth in this sector [1] Company Analysis - AMD is currently perceived as a "dark horse" in the AI chip narrative, suggesting that while it may face challenges in keeping pace with competitors, its future role could be substantial [1] - The company is recognized for its strong balance sheet and management, which are critical factors for long-term growth [1] Market Position - The article highlights AMD's potential to capitalize on the growing demand for AI technologies, positioning it favorably in a sector characterized by long growth runways [1]

克雷西 发自 凹非寺 量子位 | 公众号 QbitAI 又给算力又投资，英伟达又有一大笔资源砸向了Mira的初创公司。 刚刚，Thinking Machines Lab官宣与英伟达达成新一轮合作协议。 这次合作，将落地一座 预计成本达600亿美元的1GW规模数据中心 ，同时协议 还包含了英伟达的现金注资 。 公司官宣的同时，CEO Mira也以个人名义发文对英伟达团队和黄仁勋表达了感谢。 此前，英伟达已参与该公司20亿美元的种子轮融资，并助力其实现120亿美元估值。 目前为止，公司最新估值报价已达500亿美元。 Mira初创签下1GW算力大单 这次，英伟达和Thinking Machines Lab签署的多年度战略伙伴协议，将首批算力集群的部署时间定于2027年初。 该协议的核心内容，是在全球范围内额外部署至少1GW容量的下一代Vera Rubin算力系统。 作为Blackwell架构的继任者，Vera Rubin平台由R100系列GPU和GR200系列Grace Rubin超级芯片组成，单颗GPU集成了288GB HBM4 显存，内存带宽达到22TB/s，并能提供50PFLOPS的NVFP4推理算力。 与之 ...

Core Viewpoint - GlobalFoundries is positioned as a leader in the silicon photonics and advanced packaging sectors, emphasizing the importance of their differentiated platforms and high-performance interconnect technologies for next-generation data and connectivity applications [3]. Group 1: Business Update - The webinar aims to provide a comprehensive update on the business, technical aspects, and strategic direction of GlobalFoundries in the context of silicon photonics and advanced packaging [3]. - The company is focused on addressing the increasing demands for speed, efficiency, and scalability in data and connectivity applications [3]. Group 2: Leadership and Presentation - The call features key executives including the Chief Business Officer, Chief Technology Officer, and Senior Vice President of the Silicon Photonics business, highlighting the leadership team's involvement in the discussion [4]. - A slide presentation and a recording of the call will be made available on the Investor Relations webpage, ensuring transparency and accessibility of information for stakeholders [4].

Summary of GlobalFoundries Investor Webinar Company Overview - **Company**: GlobalFoundries (NasdaqGS: GFS) - **Industry**: Silicon Photonics and Advanced Packaging Key Points and Arguments Industry Positioning - GlobalFoundries is positioned at the forefront of the silicon photonics and advanced packaging revolution, addressing the increasing demand for speed, efficiency, and scalability in data and connectivity applications [2][9] - The company emphasizes the shift from traditional north-south traffic to east-west traffic in AI data centers, highlighting the need for optical interconnects [5][8] Technology Leadership - GlobalFoundries has over a decade of experience in silicon photonics, offering a comprehensive device portfolio including modulators and broadband couplers [9] - The company is recognized for its technology leadership, deep design support, and global manufacturing scale, which enables rapid market entry for customers [10] Market Growth and Projections - By 2030, GlobalFoundries anticipates its serviceable addressable market (SAM) in communications, infrastructure, and data centers to exceed $11 billion, more than doubling from current levels [23] - Revenue from silicon photonics is projected to double in 2025 and again in 2026, with a clear path to a $1 billion+ run rate by the end of 2028 [24] Competitive Landscape - GlobalFoundries claims to be the largest player in the silicon photonics market, with significant investments exceeding $1 billion over the past decade [30][47] - The company is focused on maintaining its market share as the industry transitions to co-packaged optics (CPO) and anticipates strong growth in this area [48] Advanced Packaging Capabilities - The company is developing advanced packaging solutions that integrate electronic and photonic components, which are critical for scaling CPO solutions [16][17] - GlobalFoundries is investing in a new facility in Malta, New York, to enhance its manufacturing capabilities for silicon photonics and advanced packaging [17] Customer Engagement and Ecosystem - GlobalFoundries has established strong partnerships with key players in the ecosystem, including EDA providers and fiber attach partners, which enhances its design support capabilities [32] - Customers have expressed confidence in GlobalFoundries as a trusted development partner, highlighting the robustness of its silicon photonics platform [12] Acquisitions and Strategic Moves - Recent acquisitions, such as AMF and InfiniLink, are expected to accelerate GlobalFoundries' technology roadmap and revenue growth, enhancing its manufacturing scale and design capabilities [13][14] Future Innovations - The company is focused on innovating across multiple dimensions in optical networking, including bit rate per lane and overall system radix, to meet the demands of AI and advanced computing [15] - GlobalFoundries is exploring new applications in optical circuit switching and quantum interconnects, positioning itself for long-term growth [15] Additional Important Content - The transition to optical interconnects is seen as essential for the future of AI data centers, with GlobalFoundries emphasizing the importance of interconnect efficiency [6][8] - The company is committed to an open ecosystem, allowing for compatibility with various technologies and partners, which is crucial for customer satisfaction [43] This summary encapsulates the key insights and strategic directions discussed during the GlobalFoundries investor webinar, highlighting the company's leadership in silicon photonics and its proactive approach to market demands and technological advancements.

SANTA CLARA, Calif., March 10, 2026 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO) (“Silvaco”), a provider of AI enabled TCAD and EDA solutions, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, announces the immediate availability of MixelTM, MIPI® “Production Ready Offerings,” or Mixel MIPI “PRO IP”. This announcement reinforces Silvaco’s commitment to providing silicon-proven, high-performance connectivity solutions with outstanding c ...

Wall Street loves growth stories. Venture capitalists love disruption stories. But one of the oldest and most reliable ways fortunes are made in the stock market is much simpler.Companies buy other companies.Every market cycle brings a wave of consolidation. Sometimes it happens quietly in small niches. Sometimes it explodes into megadeals that dominate headlines for months. Either way, when industries start consolidating, it creates some of the best opportunities in the market for patient investors.Over th ...

The financial mechanic at work here is straightforward. When a company signs a cloud infrastructure contract, it books a Remaining Performance Obligation (RPO), which is committed revenue that hasn't been recognized yet because the service hasn't been delivered. Oracle's RPO surged 438% to $523 billion in Q2 FY2026. That number sounds extraordinary. But Oracle's quarterly revenue is roughly $16 billion, which means the company is sitting on years' worth of contracted work. The question is whether those cont ...