来源：智通财经 《科创板日报》11月14日讯（记者 郭辉）"当前产业链切换加速进行，渠道备货补库存持续，公司积极 配合客户保证出货，三季度公司产能及出货量持续提升。"中芯国际联合CEO赵海军在今日举行的业绩 会上表示，在产业链迭代效应持续的影响下，第四季度淡季不淡，并且据测算，公司全年销售收入预计 超过90亿美元，收入规模将踏上新台阶。 财报显示，第三季度中芯国际实现销售总收入23.82亿美元，较2025年第二季度的22.09亿美元环比增长 7.8%，较2024年第三季度的21.71亿美元同比增长9.7%。 第三季度，折合8英寸标准逻辑，中芯国际销售晶圆数量增至约249.95万片，月产能首度超过百万片， 增至约102.28万片。中芯国际Q3产能利用率上升至95.8%，环比增长3.3个百分点。 中芯国际表示，第三季度生产波动性影响消失，产能利用率进一步提升，同时由于产品结构调整，制程 更加复杂的产品出货量增加，共同使得公司三季度平均销售单价（ASP）环比增长3.8%，并且毛利率超 过此前预期，为22%。 财报显示，第三季度中芯国际12英寸产品的销售占比进一步提升，从第二季度的76.1%升至77%。 三季度销售收 ...

Today, I’m taking another look at GlobalFoundries Inc. ( GFS ), a chip manufacturer that focuses on specialized products like RF, power, and embedded semiconductors that runs fabs in the United States, Europe, and Singapore. OriginallyI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disc ...

LOWELL, Mass., Nov. 06, 2025 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal fourth quarter and fiscal year ended October 3, 2025. Fourth Quarter Fiscal Year 2025 GAAP Results Revenue was $261.2 million, an increase of 30.1%, compared to $200.7 million in the previous year fiscal fourth quarter and an increase of 3.6% compared to $252.1 million in the prior fiscal quarte ...

IRVINE, Calif., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Mobix Labs, Inc. (Nasdaq: MOBX), a rapidly growing fabless semiconductor and connectivity company serving the defense, aerospace, and high-reliability markets, today announced that it has entered into a mutual confidentiality agreement with Peraso, Inc. (Nasdaq: PRSO) to begin cooperative discussions toward a potential acquisition. The agreement creates a structured and collaborative framework for the confidential exchange of information as the two companies ...

Core Viewpoint - Mobix Labs, Inc. has received a 180-calendar-day extension from Nasdaq to regain compliance with the minimum bid price requirement, allowing the company until April 27, 2026, to maintain a closing bid price of at least $1.00 per share for ten consecutive business days [1][3][4] Summary by Sections Compliance Status - The company was first notified of non-compliance with the minimum bid price requirement on April 17, 2025, and was initially given until October 14, 2025, to regain compliance [2] - During the Initial Compliance Period, the company's Class A Common Stock achieved a closing bid price of at least $1.00 for ten consecutive trading days starting September 11, 2025 [2] Extension Details - Nasdaq has extended the compliance period, allowing the company until April 27, 2026, to meet the requirement [3] - If the stock closes at or above $1.00 for ten consecutive business days during this extension, Nasdaq will confirm compliance and close the matter [4] Potential Consequences - If the company fails to meet the minimum bid price requirement during the extension, it may face delisting, but it has the option to appeal the decision to a Nasdaq Hearings Panel [5] - The company remains committed to regaining compliance and will monitor its share price closely [6]

Core Insights - MACOM Technology Solutions Holdings, Inc. plans to announce its financial results for the fourth quarter and fiscal year 2025 on November 6, 2025, before market open [1] - A conference call will be held at 8:30 a.m. Eastern Time on the same day, hosted by the President and CEO, Stephen G. Daly, and the Senior Vice President and CFO, John F. Kober [1] Company Overview - MACOM designs and manufactures high-performance semiconductor products for various industries, including Telecommunications, Industrial, Defense, and Datacenter [3] - The company services over 6,000 customers annually and has a broad product portfolio that includes RF, Microwave, Analog, Mixed Signal, and Optical semiconductor technologies [3] - MACOM has achieved multiple certifications, including IATF16949 for automotive, AS9100D for aerospace, ISO9001 for international quality, and ISO14001 for environmental management [3] - The company operates facilities across the United States, Europe, and Asia, with its headquarters located in Lowell, Massachusetts [3]

Core Insights - Mobix Labs, Inc. is implementing an aggressive mergers and acquisitions strategy aimed at accelerating growth and establishing itself as a leader in high-growth markets such as aerospace, defense, and 5G [1][3] - The company has access to over $100 million in capital through its equity line of credit and shelf registration, enabling it to pursue transformative acquisitions [2][3] Group 1: Strategic Focus - The CEO of Mobix Labs emphasized a clear strategy to act decisively on the right opportunities, focusing on acquisitions that will strengthen market position and accelerate growth [3] - The company views defense modernization, aerospace innovation, and global wireless expansion as significant long-term growth drivers, presenting a unique opportunity for consolidation and growth [3] Group 2: Financial Position - Mobix Labs is positioned to leverage its capital strategically to pursue high-impact acquisition opportunities, which are expected to unlock new revenue streams [2][3] - The company’s disciplined approach to capital allocation is designed to deliver sustained growth and long-term value for shareholders [3] Group 3: Company Overview - Mobix Labs is a fabless semiconductor company based in Irvine, California, providing advanced connectivity solutions for various high-reliability markets, including aerospace, defense, and 5G [4]

Core Insights - Mobix Labs reported over 50% year-over-year revenue growth in fiscal 2025, driven by strong demand in aerospace, defense, and wireless markets, along with contributions from recent acquisitions [2][6] - The company enters fiscal 2026 with a record-high opportunity pipeline and strong customer momentum, indicating continued growth potential [2][4] Fiscal 2025 Performance - Fiscal 2025 was characterized as a breakout year for Mobix Labs, with significant revenue growth despite quarterly fluctuations [3] - The company expanded its presence in aerospace and defense sectors, which are critical for mission-driven technologies [6] 2026 Outlook - Mobix Labs anticipates continued expansion in fiscal 2026, supported by a robust opportunity pipeline and disciplined execution [4][6] - The company is well-positioned to capitalize on rising global demand for defense and aerospace connectivity solutions, as well as the growing adoption of wireless and sensing technologies [6]

Core Points - Mobix Labs, Inc. has received the Gold Tier Supplier Award from BAE Systems for the second consecutive year, recognizing its performance as a top supplier in the Electronic Systems sector [1][3] - The Gold Tier status is awarded based on rigorous standards for quality and delivery, with Mobix Labs achieving zero defects per million (DDPM) and 100% on-time delivery in the latest evaluation [2][3] Company Overview - Mobix Labs is a fabless semiconductor company based in Irvine, California, specializing in advanced connectivity solutions for defense, aerospace, and high-reliability markets [4] - The company's product offerings include wireless and wired connectivity, RF, imaging, switching, and filtering technologies, supporting various sectors such as aerospace, defense, 5G, medical, and industrial [4] Industry Context - BAE Systems is a leading provider of advanced defense technology across multiple domains, including air, land, sea, space, and cyber, with its Electronic Systems sector focusing on cutting-edge electronics and IT solutions for global defense and aerospace programs [5]

Summary of Hua Hong (1347.HK) Conference Call Company Overview - **Company**: Hua Hong - **Industry**: Semiconductor foundry focusing on specialty technologies Key Points and Arguments Capacity Expansion - Hua Hong is actively expanding its capacity, particularly with the ramp-up of Fab 9, which is expected to reach full capacity by mid-2026. The designed capacity for Fab 9 is 83,000 wafers per month, with half already operational [2][19] - A new fab is planned to start contributing capacities in 2027, focusing on 28nm technology [2] - The acquisition of 12'' Fab 5 from its sister company is expected to enhance Hua Hong's capabilities and reduce internal competition [2] Financial Projections - Revenue is projected to grow by 22% year-over-year, reaching approximately US$2.4 billion in 2025 [1] - Gross margin is expected to recover from 9.2% in 1Q25 to 12.0% in 4Q25, with net income projected to increase to US$82 million in 2025, up from US$58 million in 2024 [1][3] - Earnings estimates for 2027-2029 have been revised upwards by 1% to 4% due to a more positive outlook on long-term growth opportunities [3] Valuation and Price Target - The target price for Hua Hong is set at HK$77.0, based on a 2028E target P/E of 45.7x, reflecting a 13% increase from previous estimates [8][17] - The valuation is supported by a correlation between peers' P/E ratios and earnings growth, with Hua Hong's average EPS growth projected at 31% for 2028-2029 [8][17] Risks - Key risks include weaker-than-expected end-market demand, slower ramp-up of the 12" fab, and uncertainties surrounding US-China trade relations [18] Investment Thesis - Hua Hong is well-positioned due to its diversified specialty technologies and improvements in product mix, shifting towards more advanced nodes (28nm/40nm) [20] - The company is expected to benefit from increasing domestic demand and improved average selling prices (ASP) [20] Financial Metrics - Projected revenues and net income for 2025E are US$2.444 billion and US$82 million, respectively [8][14] - Gross margin is expected to improve to 10.9% in 2025E, with operating income projected to recover to US$50 million [8][14] Additional Important Information - The company is focusing on various end-markets, including consumer electronics, communication, computing, industrial, and automotive sectors [20] - The ongoing capacity expansions are seen as a strategic move to prepare for future technology and product growth, despite potential short-term impacts on profitability [1][2] This summary encapsulates the key insights from the conference call regarding Hua Hong's strategic initiatives, financial outlook, and market positioning.