芯片代工服务

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英特尔(INTC.US)股价飙升难掩代工业务亏损 分析师直言盈利可能性极低
智通财经网· 2025-09-22 15:21
上周,英特尔宣布与英伟达达成新的合作协议,并将通过出售股份获得50亿美元现金注入。受此消息提 振,英特尔股价连续大涨,今年累计涨幅已达48%,市值增加超过500亿美元。 在上周的发布会上,英伟达首席执行官黄仁勋被问及是否会使用英特尔代工服务时表示,此次合作主要 是"产品合作",并强调英伟达将继续依赖台积电(TSMC.US)作为主要代工伙伴,同时评估英特尔的技 术。 这种态度反映出市场对英特尔代工业务前景的怀疑。花旗集团分析师Christopher Danely上周将英特尔评 级从"中性"下调至"卖出",并直言其代工业务"成功的可能性极低"。 根据彭博社汇总的分析师预估,英特尔2025年调整后净利润预计仅为6.4亿美元,营收520亿美元;2026 年净利润有望升至32亿美元,营收540亿美元。然而,即便实现这一目标,以当前股价计算,其2026财 年的预期市盈率将高达43倍,接近互联网泡沫时期水平。 智通财经APP获悉,英特尔(INTC.US)近期凭借一系列重量级合作与融资消息股价大涨,但市场担忧其 核心问题,即巨额亏损的芯片代工业务,依旧未能得到根本解决。尽管有英伟达(NVDA.US)、软银集 团及美国总统特朗 ...
20亿美元投资只是开始?英媒曝孙正义还想收购英特尔代工业务
Feng Huang Wang· 2025-08-19 10:24
Group 1 - SoftBank announced a $2 billion investment in Intel, following discussions between SoftBank CEO Masayoshi Son and Intel CEO Lip-Bu Tan regarding the acquisition of Intel's struggling chip manufacturing business [1] - Since Lip-Bu Tan's appointment as Intel CEO in March, discussions have been ongoing about potential transactions, including forming joint ventures or minority stake investments [1] - Intel is seeking solutions for its advanced chip manufacturing business, which is struggling to compete with TSMC [1] Group 2 - The investment announcement does not rule out the possibility of larger-scale transactions related to Intel's foundry business in the future [1]
中芯国际Q2财报:营收稳增16%,利润下滑!Q3展望谨慎
Ge Long Hui· 2025-08-07 12:43
Core Insights - Semiconductor giant SMIC reported a "steady yet pressured" Q2 performance with revenue growth but declining profitability [1][2] Financial Performance - In Q2, SMIC achieved revenue of $2.209 billion, a year-on-year increase of 16.2%, but a slight quarter-on-quarter decline of 1.7% [3] - The profit attributable to shareholders was $132.5 million, down 19.5% year-on-year and down 29.5% quarter-on-quarter, falling short of market expectations of $167.1 million [3] - Gross profit for the quarter was $449.8 million, a year-on-year increase of 69.7% but a quarter-on-quarter decline of 11.1%, with a gross margin of 20.4%, down 2.1 percentage points from the previous quarter but up 6.5 percentage points year-on-year [3] Capacity Utilization - The capacity utilization rate was 92.5%, an increase of 2.9 percentage points quarter-on-quarter [4] Revenue Breakdown - Revenue by region showed that China accounted for 84.1%, the U.S. 12.9%, and Eurasia 3.0% [8] - By application, revenue sources included consumer electronics (41.0%), smartphones (25.2%), computers and tablets (15.0%), industrial and automotive (10.6%), and IoT and wearables (8.2%) [7] Capital Expenditure and R&D - Capital expenditures reached $1.885 billion, a quarter-on-quarter increase of 33.2%, primarily for capacity expansion and technology upgrades [9] - R&D expenditures were $181.9 million, up 22.2% quarter-on-quarter [9] Future Outlook - Management expressed a cautious outlook for Q3, expecting revenue growth of 5% to 7% quarter-on-quarter, with gross margins projected between 18% and 20%, slightly lower than Q2 levels [11]
中芯国际涨超3% 明日将发二季度业绩 机构称其为高端替代的核心受益者
Zhi Tong Cai Jing· 2025-08-06 07:46
Core Viewpoint - SMIC (00981) shares rose over 3%, currently up 3.43% at HKD 52.75, with a trading volume of HKD 3.331 billion [1] Financial Performance - SMIC will hold a board meeting on August 7 to approve the publication of its unaudited financial results for the three months ending June 30, 2025 [1] - The company anticipates that its revenue for Q2 this year may not sustain the previous consecutive quarterly growth, projecting the first quarter-on-quarter revenue decline in two years, with a guidance range of 4% to 6% [1] - The gross margin guidance for Q2 2025 is set between 18% and 20% [1] Market Position and Valuation - According to a recent report by Shenwan Hongyuan, SMIC is a core beneficiary of high-end substitution [1] - Given SMIC's leading and scarce position in advanced process foundry in mainland China, the stock is valued at 3x PB for 2025, corresponding to a target price of HKD 63.3 per share, with an initial coverage rating of "Buy" [1]
特斯拉与LG新能源签署43亿美元合同 采购磷酸铁锂电池
Feng Huang Wang· 2025-07-30 02:58
Core Points - LG Energy Solution has signed a $4.3 billion contract with Tesla to supply lithium iron phosphate batteries for energy storage systems [1] - The contract is for a duration of three years, from August 2027 to July 2030, with an option to extend for up to seven years [1] - LG Energy Solution is one of the few lithium iron phosphate battery manufacturers in the U.S., having started production at its Michigan plant in May [1] Summary by Category Contract Details - The contract with Tesla is valued at $4.3 billion and is set to last for three years [1] - LG Energy Solution has not disclosed the specific use of the batteries, whether for vehicles or energy storage systems [1] - The agreement includes a clause for potential extension and increased supply based on negotiations with the client [1] Market Position - LG Energy Solution is among the limited manufacturers of lithium iron phosphate batteries in the U.S. market [1] - The company has recently begun production of these batteries, which have been predominantly dominated by Chinese competitors [1]
7月28日电,三星电子涨幅扩大至5.8%。
news flash· 2025-07-28 05:11
Core Insights - Samsung Electronics' stock price increased by 5.8% following news of a significant partnership with Tesla [1] - The agreement between Samsung and Tesla is valued at $16.5 billion, which is expected to boost Samsung's annual sales in chip foundry services by 10% [1] Company Summary - Samsung Electronics is set to enter a $16.5 billion chip foundry agreement with Tesla [1] - This partnership is projected to enhance Samsung's annual chip foundry sales by 10% [1]
三星电子韩股涨逾3%
news flash· 2025-07-28 03:01
Core Viewpoint - Samsung Electronics' stock rose over 3% following news of a potential $16.5 billion chip manufacturing agreement with Tesla, which could increase Samsung's annual chip manufacturing sales by 10% [1] Company Summary - Samsung Electronics is reportedly set to enter a chip manufacturing agreement with Tesla valued at $16.5 billion [1] - The anticipated agreement could lead to a 10% increase in Samsung's annual sales from chip manufacturing [1] Industry Summary - The partnership between Samsung Electronics and Tesla highlights the growing demand for semiconductor manufacturing in the automotive sector [1] - This agreement may signify a trend of collaboration between tech companies and automotive manufacturers to secure chip supply amid ongoing shortages [1]