Over a week ago
Periodicals
Policymakers are…
Policymakers are increasingly concerned with the risks of "forever chemicals," such as PFAS, because they do not easily break down in the environment and have been linked to many health problems, Cheng Ting-Fang of The Financial Times reports. The EU has recently begun a public consultation on proposals to ban up to 10,000 chemicals in the class over a 13.5-year transition period for the chip industry. Meanwhile, 3M (MMM) has already announced it plans to halt production of PFAS by 2025. Other chipmaker's who are worried or keeping an eye on PFAS include Intel (INTC), Infineon (IFNNY), TSMC (TSM), STMicroelectronics (STM), and BASF (BASFY). Reference Link
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$92.55 / -0.1002 (-0.11%)
05/15/23 Berkshire Hathaway takes stake in Capital One, exits RH 05/15/23 Lone Pine boosts Salesforce stake, reduces Visa, Mastercard stakes 05/15/23 Tiger Global buys TSMC, exits AppLovin in Q1 04/17/23 Cadence Design extends collaboration with TSMC, Microsoft 04/27/23 STMicroelectronics falls -7.6% 04/26/23 Atomera signs commercial license agreement with STMicroelectronics 04/13/23 ZF to purchase silicon carbide devices from STMicroelectronics from 2025 03/14/23 STMicroelectronics provides STM32 support for Microsoft Visual Studio Code 05/16/23 3M and Svante sign development agreement for carbon dioxide removal products 05/15/23 3M announces departure of Chief Business and Country Officer Michael Vale 05/02/23 3M to sell dental local anesthetic portfolio assets to Pierrel for $70M 04/27/23 3M announces 3M Veraflo Therapy receives FDA clearance 05/17/23 Remark Holdings announces partnership with WaitTime 05/10/23 Intel, BCG announce collaboration 04/24/23 Intel 'the main loser' of Sapphire Rapids' lower demand, says Ming-Chi Kuo 04/18/23 EU takes on US and Asia with EUR 43B chip subsidy plan 03/07/23 Infineon, UMC announce long-term strategic cooperation agreement 03/02/23 Infineon to acquire GaN Systems for $830M 02/07/23 Synaptics announces new chief people officer, chief product officer 02/24/23 BASF implements structural measures at Ludwigshafen site 02/24/23 BASF to cut 2,600 jobs to save costs in Europe 02/24/23 BASF terminates share buyback program ahead of schedule 01/11/23 BASF breaks ground on MDI capacity expansion project at Geismar site 05/03/23 BofA BofA downgrades AMD to Neutral in 'range of headwinds' 04/28/23 Truist Intel price target raised to $32 from $29 at Truist 04/28/23 BMO Capital Intel price target raised to $32 from $28 at BMO Capital 04/28/23 Wedbush Intel upgraded to Neutral from Underperform at Wedbush 05/16/23 Credit Suisse Infineon price target lowered to EUR 50.10 from EUR 53.10 at Credit Suisse 04/14/23 Deutsche Bank Infineon price target raised to EUR 47 from EUR 44 at Deutsche Bank 04/04/23 UBS Infineon price target raised to EUR 49 from EUR 47 at UBS 03/31/23 Credit Suisse Infineon price target raised to EUR 53.10 from EUR 49.10 at Credit Suisse $92.55 / -0.1002 (-0.11%)
04/26/23 Susquehanna Susquehanna iPhone build forecast cut after partner checks 04/20/23 Loop Capital TSMC price target raised to NT$600 from NT$550 at Loop Capital 04/19/23 Needham Impinj price target raised to $151 from $138 at Needham 04/17/23 Susquehanna TSMC upgraded to Positive from Neutral at Susquehanna 05/02/23 Barclays STMicroelectronics price target raised to EUR 65 from EUR 64 at Barclays 04/27/23 Craig-Hallum Atomera price target raised to $17 from $13 at Craig-Hallum 04/13/23 Citi Citi opens 'positive Catalyst Watches' on Ericsson, STMicroelectronics 03/29/23 Barclays STMicroelectronics price target raised to EUR 64 from EUR 60 at Barclays 05/02/23 Berenberg BASF price target lowered to EUR 54 from EUR 55 at Berenberg 04/28/23 JPMorgan BASF price target raised to EUR 58 from EUR 55 at JPMorgan 02/27/23 Credit Suisse BASF price target lowered to EUR 44 from EUR 46 at Credit Suisse 02/22/23 Barclays BASF price target raised to EUR 68 from EUR 62 at Barclays 04/26/23 RBC Capital 3M price target raised to $95 from $89 at RBC Capital 04/06/23 Barclays 3M price target lowered to $103 from $105 at Barclays 03/22/23 Barclays 3M price target lowered to $105 from $122 at Barclays 02/01/23 BofA J&J bankruptcy ruling an 'incremental negative' for 3M, says BofA $92.55 / -0.1002 (-0.11%)
04/20/23 TSMC sees Q2 revenue $15.2B-$16B, consensus $15.98B 04/20/23 TSMC reports Q1 EPS $1.31, consensus $1.20 01/12/23 TSMC sees Q1 revenue $16.7B-$17.5B, consensus $17.71B 01/12/23 TSMC reports Q4 EPS $1.82, consensus $1.77 04/27/23 STMicroelectronics sees Q2 revenue $4.28B, consensus $4.2B 04/27/23 STMicroelectronics reports Q1 EPS $1.10, consensus 99c 01/26/23 STMicroelectronics sees FY23 revenue $16.8B-$17.8B, consensus $16.28B 01/26/23 STMicroelectronics sees Q1 revenue $4.2B, consensus $3.92B 04/25/23 3M backs FY23 adjusted EPS view $8.50-$9.00, consensus $8.60 04/25/23 3M reports Q1 adjusted EPS $1.97, consensus $1.58 04/24/23 Notable companies reporting before tomorrow's open 04/27/23 Intel sees Q2 EPS adjusted (4c), consensus 1c 04/27/23 Intel reports Q1 adjusted EPS (4c), consensus (15c) 04/27/23 Notable companies reporting after market close 02/22/23 Intel backs Q1 EPS view (15c), consensus (15c) 03/28/23 Infineon raises Q2 revenue outlook on 'resilient business dynamics' 02/24/23 BASF reports Q4 EBIT EUR 119M, down 90.3% from last year $92.55 / -0.1002 (-0.11%)
04/28/23 TSMC's major fabless clients defer 3nm chip rollouts, DigiTimes reports 04/19/23 TSMC pushing back on some subsidy conditions, WSJ reports 04/13/23 TSMC plans JV fab in Germany, DigiTimes reports 02/02/23 Flossbach von Storch voices concerns about 3M leadership, WSJ reports 01/04/23 3M attempts to contain liability over 'forever chemicals,' earplugs, WSJ report 12/23/22 Military earplugs cases judge says 3M acted in 'bad faith,' Tribune reports 05/18/23 Chipmakers plan expansion, partnerships in Japan, FT reports 05/10/23 Qualcomm to step up competition in self-driving IC market, DigiTimes reports 04/29/23 SoftBank's Arm files confidentially for U.S. IPO, Reuters reports 04/18/23 Intel tells CoinDesk it is ending bitcoin mining chip series output $92.55 / -0.1002 (-0.11%)
04/19/23 What You Missed On Wall Street This Morning 04/13/23 What You Missed On Wall Street This Morning 03/21/23 What You Missed On Wall Street This Morning 03/06/23 What You Missed This Week in EVs and Clean Energy 01/26/23 What You Missed On Wall Street On Thursday 01/26/23 What You Missed On Wall Street This Morning 04/25/23 What You Missed On Wall Street On Tuesday 04/25/23 What You Missed On Wall Street This Morning 04/25/23 Fly Intel: Pre-market Movers 01/24/23 What You Missed On Wall Street On Tuesday 05/21/23 Opening Day: Monogram Orthopaedics stock soars in trading debut 05/07/23 Opening Day: J&J's Kenvue jumps 20% in market debut 04/28/23 What You Missed On Wall Street On Friday 04/28/23 What You Missed On Wall Street This Morning 03/02/23 Why are these three stocks sinking after Tesla's investor day? $92.55 / -0.1002 (-0.11%)
04/20/23 Unusually active option classes on open April 20th 04/10/23 Unusually active option classes on open April 10th 02/24/23 Unusually active option classes on open February 24th 02/16/23 Unusually active option classes on open February 16th 05/09/23 3M put volume heavy and directionally bearish 04/20/23 3M call volume above normal and directionally bullish 03/14/23 3M put volume heavy and directionally bearish 03/07/23 3M put volume heavy and directionally bearish 04/28/23 Early notable gainers among liquid option names on April 28th 04/28/23 Notable open interest changes for April 28th 04/27/23 Intel options imply 5.7% move in share price post-earnings 03/30/23 Notable open interest changes for March 30th
Recommendations
Credit Suisse analyst…
Credit Suisse analyst Adithya Metuku lowered the firm's price target on Infineon to EUR 50.10 from EUR 53.10 and keeps an Outperform rating on the shares.
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03/07/23 Infineon, UMC announce long-term strategic cooperation agreement 03/02/23 Infineon to acquire GaN Systems for $830M 02/07/23 Synaptics announces new chief people officer, chief product officer 04/14/23 Deutsche Bank Infineon price target raised to EUR 47 from EUR 44 at Deutsche Bank 04/04/23 UBS Infineon price target raised to EUR 49 from EUR 47 at UBS 03/31/23 Credit Suisse Infineon price target raised to EUR 53.10 from EUR 49.10 at Credit Suisse 03/29/23 Barclays Infineon price target raised to EUR 52 from EUR 48 at Barclays 03/28/23 Infineon raises Q2 revenue outlook on 'resilient business dynamics' 03/02/23 Why are these three stocks sinking after Tesla's investor day?
Conference/Events
Tech…
Tech Hardware/Semiconductor Analyst Schulze-Melander and Tech Analyst Denney discuss the Tech Hardware Industry (relevant companies: ASML ASM VAT STM NOK ERIC IFNNY BESIY) on an Analyst/Industry conference call to be held on May 10 at 10 am. Webcast Link
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04/27/23 STMicroelectronics falls -7.6% 04/26/23 Atomera signs commercial license agreement with STMicroelectronics 04/13/23 ZF to purchase silicon carbide devices from STMicroelectronics from 2025 03/14/23 STMicroelectronics provides STM32 support for Microsoft Visual Studio Code 05/04/23 Nokia secures 5G RAN deal with Orange Jordan 04/20/23 Nokia falls -8.5% 04/05/23 Nokia transfers shares to participants of equity-based incentive plans 03/23/23 Nokia chosen by CANARIA as sole IP router provider 03/07/23 Infineon, UMC announce long-term strategic cooperation agreement 03/02/23 Infineon to acquire GaN Systems for $830M 02/07/23 Synaptics announces new chief people officer, chief product officer 11/14/22 Infineon, Stellantis sign memorandum of understanding for silicon carbide chips 04/18/23 Ericsson says on track to reach target EBITDA range of 15%-18% by 2024 04/17/23 Ericsson announces CFO Carl Mellander to step down 04/17/23 Ericsson, Government of Canada to invest over C$470M in R&D centers 04/04/23 Ericsson's Cradelpoint acquires Ericom Software 03/21/23 Nvidia says software library for computational lithography integrated by TSMC 02/15/23 ASML discloses data misappropriation by former employee in China 02/14/23 Lone Pine exited PayPal, initiated AMD position during Q4 11/16/22 Wafer Fab Equipment names slide after Micron cuts wafer starts ASM Avino Silver & Gold Mines 04/05/23 Avino Silver & Gold Mines reports contractor death at Durango property 01/24/23 Avino Silver & Gold Mines sees FY23 production 700,000-750,000 tons 01/17/23 Avino reports 2022 production of 2,655,502 silver equivalent ounces 04/25/23 Stifel ASML downgraded to Hold from Buy at Stifel 04/21/23 Barclays ASML price target lowered to EUR 630 from EUR 640 at Barclays 04/20/23 Deutsche Bank ASML price target lowered to EUR 650 from EUR 675 at Deutsche Bank 04/20/23 Credit Suisse ASML price target raised to EUR 770 from EUR 767 at Credit Suisse ASM Avino Silver & Gold Mines 05/02/23 Barclays STMicroelectronics price target raised to EUR 65 from EUR 64 at Barclays 04/27/23 Craig-Hallum Atomera price target raised to $17 from $13 at Craig-Hallum 04/13/23 Citi Citi opens 'positive Catalyst Watches' on Ericsson, STMicroelectronics 03/29/23 Barclays STMicroelectronics price target raised to EUR 64 from EUR 60 at Barclays 04/21/23 Barclays Nokia price target lowered to EUR 5 from EUR 5.30 at Barclays 02/14/23 Credit Suisse Nokia price target lowered to EUR 5.61 from EUR 6.05 at Credit Suisse 01/31/23 UBS Nokia downgraded to Neutral from Buy at UBS 01/17/23 DNB Markets Nokia downgraded to Hold from Buy at DNB Markets 04/20/23 Morgan Stanley Ericsson price target lowered to SEK 67 from SEK 70 at Morgan Stanley 04/19/23 Credit Suisse Ericsson price target lowered to SEK 52 from SEK 61 at Credit Suisse 04/19/23 TD Cowen Ericsson price target lowered to $7 from $8 at TD Cowen 04/14/23 Deutsche Bank Infineon price target raised to EUR 47 from EUR 44 at Deutsche Bank 04/04/23 UBS Infineon price target raised to EUR 49 from EUR 47 at UBS 03/31/23 Credit Suisse Infineon price target raised to EUR 53.10 from EUR 49.10 at Credit Suisse 03/29/23 Barclays Infineon price target raised to EUR 52 from EUR 48 at Barclays 05/02/23 Deutsche Bank BE Semiconductor price target raised to EUR 88 from EUR 80 at Deutsche Bank 04/27/23 Barclays BE Semiconductor price target raised to EUR 70 from EUR 68 at Barclays 04/27/23 UBS BE Semiconductor price target raised to EUR 91 from EUR 84 at UBS 04/13/23 Bernstein BE Semiconductor upgraded to Outperform from Market Perform at Bernstein 04/27/23 STMicroelectronics sees Q2 revenue $4.28B, consensus $4.2B 04/27/23 STMicroelectronics reports Q1 EPS $1.10, consensus 99c 01/26/23 STMicroelectronics sees FY23 revenue $16.8B-$17.8B, consensus $16.28B 01/26/23 STMicroelectronics sees Q1 revenue $4.2B, consensus $3.92B 04/20/23 Nokia sees 2023 revenue EUR 24.6B- EUR 26.2B 04/20/23 Nokia reports Q1 comparable EPS EUR 0.06 vs. 0.07 last year 01/26/23 Nokia sees FY23 revenue EUR 24.9B-EUR 26.5B 01/26/23 Nokia reports Q4 comparable EPS EUR 0.16 vs. EUR 0.13 last year 03/28/23 Infineon raises Q2 revenue outlook on 'resilient business dynamics' 11/14/22 Infineon 'significantly' increases long-term financial targets 11/14/22 Infineon reports Q4 adjusted EPS EUR0.63 vs. EUR0.49 last year 04/18/23 Ericsson reports Q1 EPS SEK 0.45 vs. SEK 0.88 last year 01/20/23 Ericsson reports Q4 EPS SEK 1.82 vs. SEK 3.02 last year 04/19/23 ASML sees Q2 net sales EUR 6.5B-EUR 7B, gross margin 50%-51% 04/19/23 ASML reports Q1 EPS EUR 4.96 vs. EUR 4.60 in Q4 01/25/23 ASML sees FY23 revenue up over 25% vs. FY22 01/25/23 ASML sees Q1 revenue EUR 6.1B-EUR 6.5B, gross margin 49%-50% 02/26/23 Microsoft unveils suit of cloud tools for telecom companies, Reuters says 02/24/23 Ericsson laying off 8,500 employees globally, Reuters reports 02/20/23 Ericsson cutting 1,400 jobs in Sweden, Reuters reports 03/08/23 Dutch government says planning to restrict chip tech exports, Reuters reports 03/08/23 Netherlands to propose restricting export of chip gear to China, Bloomberg says 02/24/23 Former ASML employee probed for stealing data for China, Bloomberg says 02/15/23 ASML alleges data breach by former China employee, Bloomberg reports 03/06/23 What You Missed This Week in EVs and Clean Energy 03/02/23 Why are these three stocks sinking after Tesla's investor day? 01/26/23 What You Missed On Wall Street On Thursday 01/26/23 What You Missed On Wall Street This Morning 04/20/23 What You Missed On Wall Street On Thursday 04/20/23 What You Missed On Wall Street This Morning 04/18/23 What You Missed On Wall Street On Tuesday 04/18/23 What You Missed On Wall Street This Morning 04/18/23 Fly Intel: Pre-market Movers 02/24/23 What You Missed On Wall Street On Friday 03/08/23 What You Missed On Wall Street On Wednesday 11/14/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 04/25/23 Unusually active option classes on open April 25th 04/20/23 Unusually active option classes on open April 20th 03/13/23 Largest borrow rate increases among liquid names 02/17/23 Unusually active option classes on open February 17th 04/19/23 Ericsson put volume heavy and directionally bearish 04/03/23 Largest borrow rate increases among liquid names 11/11/22 Ericsson put volume heavy and directionally bearish 05/03/23 Largest borrow rate increases among liquid names 01/03/23 ASML put volume heavy and directionally bearish 12/22/22 ASML put volume heavy and directionally bearish
Conference/Events
Tech…
Tech Hardware/Semiconductor Analyst Schulze-Melander and Tech Analyst Denney discuss the Tech Hardware Industry (relevant companies: ASML ASM VAT STM NOK ERIC IFNNY BESIY) on an Analyst/Industry conference call to be held on May 10 at 10 am. Webcast Link
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04/27/23 STMicroelectronics falls -7.6% 04/26/23 Atomera signs commercial license agreement with STMicroelectronics 04/13/23 ZF to purchase silicon carbide devices from STMicroelectronics from 2025 03/14/23 STMicroelectronics provides STM32 support for Microsoft Visual Studio Code 05/04/23 Nokia secures 5G RAN deal with Orange Jordan 04/20/23 Nokia falls -8.5% 04/05/23 Nokia transfers shares to participants of equity-based incentive plans 03/23/23 Nokia chosen by CANARIA as sole IP router provider 03/07/23 Infineon, UMC announce long-term strategic cooperation agreement 03/02/23 Infineon to acquire GaN Systems for $830M 02/07/23 Synaptics announces new chief people officer, chief product officer 11/14/22 Infineon, Stellantis sign memorandum of understanding for silicon carbide chips 04/18/23 Ericsson says on track to reach target EBITDA range of 15%-18% by 2024 04/17/23 Ericsson announces CFO Carl Mellander to step down 04/17/23 Ericsson, Government of Canada to invest over C$470M in R&D centers 04/04/23 Ericsson's Cradelpoint acquires Ericom Software $642.88 / -11.03 (-1.69%)
03/21/23 Nvidia says software library for computational lithography integrated by TSMC 02/15/23 ASML discloses data misappropriation by former employee in China 02/14/23 Lone Pine exited PayPal, initiated AMD position during Q4 11/16/22 Wafer Fab Equipment names slide after Micron cuts wafer starts ASM Avino Silver & Gold Mines 04/05/23 Avino Silver & Gold Mines reports contractor death at Durango property 01/24/23 Avino Silver & Gold Mines sees FY23 production 700,000-750,000 tons 01/17/23 Avino reports 2022 production of 2,655,502 silver equivalent ounces $642.88 / -11.03 (-1.69%)
04/25/23 Stifel ASML downgraded to Hold from Buy at Stifel 04/21/23 Barclays ASML price target lowered to EUR 630 from EUR 640 at Barclays 04/20/23 Deutsche Bank ASML price target lowered to EUR 650 from EUR 675 at Deutsche Bank 04/20/23 Credit Suisse ASML price target raised to EUR 770 from EUR 767 at Credit Suisse ASM Avino Silver & Gold Mines 05/02/23 Barclays STMicroelectronics price target raised to EUR 65 from EUR 64 at Barclays 04/27/23 Craig-Hallum Atomera price target raised to $17 from $13 at Craig-Hallum 04/13/23 Citi Citi opens 'positive Catalyst Watches' on Ericsson, STMicroelectronics 03/29/23 Barclays STMicroelectronics price target raised to EUR 64 from EUR 60 at Barclays 04/21/23 Barclays Nokia price target lowered to EUR 5 from EUR 5.30 at Barclays 02/14/23 Credit Suisse Nokia price target lowered to EUR 5.61 from EUR 6.05 at Credit Suisse 01/31/23 UBS Nokia downgraded to Neutral from Buy at UBS 01/17/23 DNB Markets Nokia downgraded to Hold from Buy at DNB Markets 04/20/23 Morgan Stanley Ericsson price target lowered to SEK 67 from SEK 70 at Morgan Stanley 04/19/23 Credit Suisse Ericsson price target lowered to SEK 52 from SEK 61 at Credit Suisse 04/19/23 TD Cowen Ericsson price target lowered to $7 from $8 at TD Cowen 04/14/23 Deutsche Bank Infineon price target raised to EUR 47 from EUR 44 at Deutsche Bank 04/04/23 UBS Infineon price target raised to EUR 49 from EUR 47 at UBS 03/31/23 Credit Suisse Infineon price target raised to EUR 53.10 from EUR 49.10 at Credit Suisse 03/29/23 Barclays Infineon price target raised to EUR 52 from EUR 48 at Barclays 05/02/23 Deutsche Bank BE Semiconductor price target raised to EUR 88 from EUR 80 at Deutsche Bank 04/27/23 Barclays BE Semiconductor price target raised to EUR 70 from EUR 68 at Barclays 04/27/23 UBS BE Semiconductor price target raised to EUR 91 from EUR 84 at UBS 04/13/23 Bernstein BE Semiconductor upgraded to Outperform from Market Perform at Bernstein 04/27/23 STMicroelectronics sees Q2 revenue $4.28B, consensus $4.2B 04/27/23 STMicroelectronics reports Q1 EPS $1.10, consensus 99c 01/26/23 STMicroelectronics sees FY23 revenue $16.8B-$17.8B, consensus $16.28B 01/26/23 STMicroelectronics sees Q1 revenue $4.2B, consensus $3.92B 04/20/23 Nokia sees 2023 revenue EUR 24.6B- EUR 26.2B 04/20/23 Nokia reports Q1 comparable EPS EUR 0.06 vs. 0.07 last year 01/26/23 Nokia sees FY23 revenue EUR 24.9B-EUR 26.5B 01/26/23 Nokia reports Q4 comparable EPS EUR 0.16 vs. EUR 0.13 last year 03/28/23 Infineon raises Q2 revenue outlook on 'resilient business dynamics' 11/14/22 Infineon 'significantly' increases long-term financial targets 11/14/22 Infineon reports Q4 adjusted EPS EUR0.63 vs. EUR0.49 last year 04/18/23 Ericsson reports Q1 EPS SEK 0.45 vs. SEK 0.88 last year 01/20/23 Ericsson reports Q4 EPS SEK 1.82 vs. SEK 3.02 last year $642.88 / -11.03 (-1.69%)
04/19/23 ASML sees Q2 net sales EUR 6.5B-EUR 7B, gross margin 50%-51% 04/19/23 ASML reports Q1 EPS EUR 4.96 vs. EUR 4.60 in Q4 01/25/23 ASML sees FY23 revenue up over 25% vs. FY22 01/25/23 ASML sees Q1 revenue EUR 6.1B-EUR 6.5B, gross margin 49%-50% 02/26/23 Microsoft unveils suit of cloud tools for telecom companies, Reuters says 02/24/23 Ericsson laying off 8,500 employees globally, Reuters reports 02/20/23 Ericsson cutting 1,400 jobs in Sweden, Reuters reports $642.88 / -11.03 (-1.69%)
03/08/23 Dutch government says planning to restrict chip tech exports, Reuters reports 03/08/23 Netherlands to propose restricting export of chip gear to China, Bloomberg says 02/24/23 Former ASML employee probed for stealing data for China, Bloomberg says 02/15/23 ASML alleges data breach by former China employee, Bloomberg reports 03/06/23 What You Missed This Week in EVs and Clean Energy 03/02/23 Why are these three stocks sinking after Tesla's investor day? 01/26/23 What You Missed On Wall Street On Thursday 01/26/23 What You Missed On Wall Street This Morning 04/20/23 What You Missed On Wall Street On Thursday 04/20/23 What You Missed On Wall Street This Morning 04/18/23 What You Missed On Wall Street On Tuesday 04/18/23 What You Missed On Wall Street This Morning 04/18/23 Fly Intel: Pre-market Movers 02/24/23 What You Missed On Wall Street On Friday $642.88 / -11.03 (-1.69%)
03/08/23 What You Missed On Wall Street On Wednesday 11/14/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 04/25/23 Unusually active option classes on open April 25th 04/20/23 Unusually active option classes on open April 20th 03/13/23 Largest borrow rate increases among liquid names 02/17/23 Unusually active option classes on open February 17th 04/19/23 Ericsson put volume heavy and directionally bearish 04/03/23 Largest borrow rate increases among liquid names 11/11/22 Ericsson put volume heavy and directionally bearish $642.88 / -11.03 (-1.69%)
05/03/23 Largest borrow rate increases among liquid names 01/03/23 ASML put volume heavy and directionally bearish 12/22/22 ASML put volume heavy and directionally bearish
Conference/Events
Tech…
Tech Hardware/Semiconductor Analyst Schulze-Melander and Tech Analyst Denney discuss the Tech Hardware Industry (relevant companies: ASML ASM VAT STM NOK ERIC IFNNY BESIY) on an Analyst/Industry conference call to be held on May 10 at 10 am. Webcast Link
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04/27/23 STMicroelectronics falls -7.6% 04/26/23 Atomera signs commercial license agreement with STMicroelectronics 04/13/23 ZF to purchase silicon carbide devices from STMicroelectronics from 2025 03/14/23 STMicroelectronics provides STM32 support for Microsoft Visual Studio Code 04/20/23 Nokia falls -8.5% 04/05/23 Nokia transfers shares to participants of equity-based incentive plans 03/23/23 Nokia chosen by CANARIA as sole IP router provider 03/07/23 Nokia announces Converged Charging solution selected by Hrvatski Telekom 03/07/23 Infineon, UMC announce long-term strategic cooperation agreement 03/02/23 Infineon to acquire GaN Systems for $830M 02/07/23 Synaptics announces new chief people officer, chief product officer 11/14/22 Infineon, Stellantis sign memorandum of understanding for silicon carbide chips 04/18/23 Ericsson says on track to reach target EBITDA range of 15%-18% by 2024 04/17/23 Ericsson announces CFO Carl Mellander to step down 04/17/23 Ericsson, Government of Canada to invest over C$470M in R&D centers 04/04/23 Ericsson's Cradelpoint acquires Ericom Software 03/21/23 Nvidia says software library for computational lithography integrated by TSMC 02/15/23 ASML discloses data misappropriation by former employee in China 02/14/23 Lone Pine exited PayPal, initiated AMD position during Q4 11/16/22 Wafer Fab Equipment names slide after Micron cuts wafer starts ASM Avino Silver & Gold Mines 04/05/23 Avino Silver & Gold Mines reports contractor death at Durango property 01/24/23 Avino Silver & Gold Mines sees FY23 production 700,000-750,000 tons 01/17/23 Avino reports 2022 production of 2,655,502 silver equivalent ounces 04/25/23 Stifel ASML downgraded to Hold from Buy at Stifel 04/21/23 Barclays ASML price target lowered to EUR 630 from EUR 640 at Barclays 04/20/23 Deutsche Bank ASML price target lowered to EUR 650 from EUR 675 at Deutsche Bank 04/20/23 Credit Suisse ASML price target raised to EUR 770 from EUR 767 at Credit Suisse ASM Avino Silver & Gold Mines 05/02/23 Barclays STMicroelectronics price target raised to EUR 65 from EUR 64 at Barclays 04/27/23 Craig-Hallum Atomera price target raised to $17 from $13 at Craig-Hallum 04/13/23 Citi Citi opens 'positive Catalyst Watches' on Ericsson, STMicroelectronics 03/29/23 Barclays STMicroelectronics price target raised to EUR 64 from EUR 60 at Barclays 04/21/23 Barclays Nokia price target lowered to EUR 5 from EUR 5.30 at Barclays 02/14/23 Credit Suisse Nokia price target lowered to EUR 5.61 from EUR 6.05 at Credit Suisse 01/31/23 UBS Nokia downgraded to Neutral from Buy at UBS 01/17/23 DNB Markets Nokia downgraded to Hold from Buy at DNB Markets 04/20/23 Morgan Stanley Ericsson price target lowered to SEK 67 from SEK 70 at Morgan Stanley 04/19/23 Credit Suisse Ericsson price target lowered to SEK 52 from SEK 61 at Credit Suisse 04/19/23 TD Cowen Ericsson price target lowered to $7 from $8 at TD Cowen 04/14/23 Deutsche Bank Infineon price target raised to EUR 47 from EUR 44 at Deutsche Bank 04/04/23 UBS Infineon price target raised to EUR 49 from EUR 47 at UBS 03/31/23 Credit Suisse Infineon price target raised to EUR 53.10 from EUR 49.10 at Credit Suisse 03/29/23 Barclays Infineon price target raised to EUR 52 from EUR 48 at Barclays $91.90 / +2.0299 (+2.26%)
05/02/23 Deutsche Bank BE Semiconductor price target raised to EUR 88 from EUR 80 at Deutsche Bank 04/27/23 Barclays BE Semiconductor price target raised to EUR 70 from EUR 68 at Barclays 04/27/23 UBS BE Semiconductor price target raised to EUR 91 from EUR 84 at UBS 04/13/23 Bernstein BE Semiconductor upgraded to Outperform from Market Perform at Bernstein 04/27/23 STMicroelectronics sees Q2 revenue $4.28B, consensus $4.2B 04/27/23 STMicroelectronics reports Q1 EPS $1.10, consensus 99c 01/26/23 STMicroelectronics sees FY23 revenue $16.8B-$17.8B, consensus $16.28B 01/26/23 STMicroelectronics sees Q1 revenue $4.2B, consensus $3.92B 04/20/23 Nokia sees 2023 revenue EUR 24.6B- EUR 26.2B 04/20/23 Nokia reports Q1 comparable EPS EUR 0.06 vs. 0.07 last year 01/26/23 Nokia sees FY23 revenue EUR 24.9B-EUR 26.5B 01/26/23 Nokia reports Q4 comparable EPS EUR 0.16 vs. EUR 0.13 last year 03/28/23 Infineon raises Q2 revenue outlook on 'resilient business dynamics' 11/14/22 Infineon 'significantly' increases long-term financial targets 11/14/22 Infineon reports Q4 adjusted EPS EUR0.63 vs. EUR0.49 last year 04/18/23 Ericsson reports Q1 EPS SEK 0.45 vs. SEK 0.88 last year 01/20/23 Ericsson reports Q4 EPS SEK 1.82 vs. SEK 3.02 last year 04/19/23 ASML sees Q2 net sales EUR 6.5B-EUR 7B, gross margin 50%-51% 04/19/23 ASML reports Q1 EPS EUR 4.96 vs. EUR 4.60 in Q4 01/25/23 ASML sees FY23 revenue up over 25% vs. FY22 01/25/23 ASML sees Q1 revenue EUR 6.1B-EUR 6.5B, gross margin 49%-50% 02/26/23 Microsoft unveils suit of cloud tools for telecom companies, Reuters says 02/24/23 Ericsson laying off 8,500 employees globally, Reuters reports 02/20/23 Ericsson cutting 1,400 jobs in Sweden, Reuters reports 03/08/23 Dutch government says planning to restrict chip tech exports, Reuters reports 03/08/23 Netherlands to propose restricting export of chip gear to China, Bloomberg says 02/24/23 Former ASML employee probed for stealing data for China, Bloomberg says 02/15/23 ASML alleges data breach by former China employee, Bloomberg reports 03/06/23 What You Missed This Week in EVs and Clean Energy 03/02/23 Why are these three stocks sinking after Tesla's investor day? 01/26/23 What You Missed On Wall Street On Thursday 01/26/23 What You Missed On Wall Street This Morning 04/20/23 What You Missed On Wall Street On Thursday 04/20/23 What You Missed On Wall Street This Morning 04/18/23 What You Missed On Wall Street On Tuesday 04/18/23 What You Missed On Wall Street This Morning 04/18/23 Fly Intel: Pre-market Movers 02/24/23 What You Missed On Wall Street On Friday 03/08/23 What You Missed On Wall Street On Wednesday 11/14/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 04/25/23 Unusually active option classes on open April 25th 04/20/23 Unusually active option classes on open April 20th 03/13/23 Largest borrow rate increases among liquid names 02/17/23 Unusually active option classes on open February 17th 04/19/23 Ericsson put volume heavy and directionally bearish 04/03/23 Largest borrow rate increases among liquid names 11/11/22 Ericsson put volume heavy and directionally bearish 05/03/23 Largest borrow rate increases among liquid names 01/03/23 ASML put volume heavy and directionally bearish 12/22/22 ASML put volume heavy and directionally bearish
Over a month ago
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Deutsche Bank analyst…
Deutsche Bank analyst Johannes Schaller raised the firm's price target on Infineon to EUR 47 from EUR 44 and keeps a Buy rating on the shares.
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$40.10 / +1.1411 (+2.93%)
03/07/23 Infineon, UMC announce long-term strategic cooperation agreement 03/02/23 Infineon to acquire GaN Systems for $830M 02/07/23 Synaptics announces new chief people officer, chief product officer 11/14/22 Infineon, Stellantis sign memorandum of understanding for silicon carbide chips $40.10 / +1.1411 (+2.93%)
04/04/23 UBS Infineon price target raised to EUR 49 from EUR 47 at UBS 03/31/23 Credit Suisse Infineon price target raised to EUR 53.10 from EUR 49.10 at Credit Suisse 03/29/23 Barclays Infineon price target raised to EUR 52 from EUR 48 at Barclays 03/28/23 Wells Fargo Wells Fargo sees Infineon's increased expectations as positive for NXP, others $40.10 / +1.1411 (+2.93%)
03/28/23 Infineon raises Q2 revenue outlook on 'resilient business dynamics' 11/14/22 Infineon 'significantly' increases long-term financial targets 11/14/22 Infineon reports Q4 adjusted EPS EUR0.63 vs. EUR0.49 last year $40.10 / +1.1411 (+2.93%)
10/22/22 Infineon dodging semiconductor collapse, chips for cars are key, Barron's says $40.10 / +1.1411 (+2.93%)
03/02/23 Why are these three stocks sinking after Tesla's investor day?
Recommendations
UBS raised the…
UBS raised the firm's price target on Infineon to EUR 49 from EUR 47 and keeps a Buy rating on the shares.
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03/07/23 Infineon, UMC announce long-term strategic cooperation agreement 03/02/23 Infineon to acquire GaN Systems for $830M 02/07/23 Synaptics announces new chief people officer, chief product officer 11/14/22 Infineon, Stellantis sign memorandum of understanding for silicon carbide chips 03/31/23 Credit Suisse Infineon price target raised to EUR 53.10 from EUR 49.10 at Credit Suisse 03/29/23 Barclays Infineon price target raised to EUR 52 from EUR 48 at Barclays 03/28/23 Wells Fargo Wells Fargo sees Infineon's increased expectations as positive for NXP, others 03/09/23 Bryan Garnier Infineon initiated with a Buy at Bryan Garnier 03/28/23 Infineon raises Q2 revenue outlook on 'resilient business dynamics' 11/14/22 Infineon 'significantly' increases long-term financial targets 11/14/22 Infineon reports Q4 adjusted EPS EUR0.63 vs. EUR0.49 last year 10/22/22 Infineon dodging semiconductor collapse, chips for cars are key, Barron's says 03/02/23 Why are these three stocks sinking after Tesla's investor day?
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Credit Suisse analyst…
Credit Suisse analyst Adithya Metuku raised the firm's price target on Infineon to EUR 53.10 from EUR 49.10 and keeps an Outperform rating on the shares.
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03/07/23 Infineon, UMC announce long-term strategic cooperation agreement 03/02/23 Infineon to acquire GaN Systems for $830M 02/07/23 Synaptics announces new chief people officer, chief product officer 11/14/22 Infineon, Stellantis sign memorandum of understanding for silicon carbide chips 03/29/23 Barclays Infineon price target raised to EUR 52 from EUR 48 at Barclays 03/28/23 Wells Fargo Wells Fargo sees Infineon's increased expectations as positive for NXP, others 03/09/23 Bryan Garnier Infineon initiated with a Buy at Bryan Garnier 03/02/23 BofA BofA keeps Buy on ON, says supply agreements offset premature Tesla SiC claims 03/28/23 Infineon raises Q2 revenue outlook on 'resilient business dynamics' 11/14/22 Infineon 'significantly' increases long-term financial targets 11/14/22 Infineon reports Q4 adjusted EPS EUR0.63 vs. EUR0.49 last year 10/22/22 Infineon dodging semiconductor collapse, chips for cars are key, Barron's says 03/02/23 Why are these three stocks sinking after Tesla's investor day?
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Barclays analyst Simon…
Barclays analyst Simon Coles raised the firm's price target on Infineon to EUR 52 from EUR 48 and keeps an Overweight rating on the shares.
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03/07/23 Infineon, UMC announce long-term strategic cooperation agreement 03/02/23 Infineon to acquire GaN Systems for $830M 02/07/23 Synaptics announces new chief people officer, chief product officer 11/14/22 Infineon, Stellantis sign memorandum of understanding for silicon carbide chips 03/28/23 Wells Fargo Wells Fargo sees Infineon's increased expectations as positive for NXP, others 03/09/23 Bryan Garnier Infineon initiated with a Buy at Bryan Garnier 03/02/23 BofA BofA keeps Buy on ON, says supply agreements offset premature Tesla SiC claims 02/06/23 Deutsche Bank Infineon price target raised to EUR 44 from EUR 42 at Deutsche Bank 03/28/23 Infineon raises Q2 revenue outlook on 'resilient business dynamics' 11/14/22 Infineon 'significantly' increases long-term financial targets 11/14/22 Infineon reports Q4 adjusted EPS EUR0.63 vs. EUR0.49 last year 10/22/22 Infineon dodging semiconductor collapse, chips for cars are key, Barron's says 03/02/23 Why are these three stocks sinking after Tesla's investor day?
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Wells Fargo notes that…
Wells Fargo notes that Infineon (IFNNY) increased its expectations for revenues and margins for Q2 and full year 2023. This was driven by resiliency in the company's core automotive and industrial segments, the firm adds. Wells views this as a positive for its coverage of Analog Devices (ADI), Allegro MicroSystems (ALGM), Microchip (MCHP), NXP Semiconductors (NXPI), ON Semiconductor ON, etc. The firm also points out that these comments are in line with what Microchip recently stated at a sell-side conference. Wells thinks both data points are validation that analog/MCU chip companies with relatively low smartphone/PC/consumer exposure will experience a "soft landing."
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02/14/23 Starboard buys Salesforce, exits Huntsman in Q4 02/06/23 ON Semiconductor announces $3B share repurchase authorization 01/25/23 ON Semiconductor and VW team on silicon carbide technology for nest-gen EVs 12/09/22 LA Semiconductor purchases fabrication plant from ON Semiconductor 02/28/23 NXP Semiconductors will offer Qnovo's battery management solution for EVs 01/30/23 NXP Semiconductors down 3% in after-hours following Q4 report, Q1 guidance 01/30/23 NXP Semiconductors increases interim dividend 20% to $1.01 per share 01/06/23 NXP Semiconductors, VinFast collaborate on smart EV development 03/20/23 Microchip announces MPLAB SiC Power Simulator 03/14/23 Microchip expands secure authentication IC portfolio with six products 03/13/23 Microchip reaches milestone in $800M initiative to triple semi output in Oregon 03/07/23 Microchip announces industrial-grade SPE products 03/07/23 Infineon, UMC announce long-term strategic cooperation agreement 03/02/23 Infineon to acquire GaN Systems for $830M 02/07/23 Synaptics announces new chief people officer, chief product officer 11/14/22 Infineon, Stellantis sign memorandum of understanding for silicon carbide chips ALGM Allegro MicroSystems 03/21/23 Allegro MicroSystems adds two switching regulators to ClearPower solutions 03/08/23 Allegro MicroSystems announces ACS37601 sensor 01/27/23 Polar Semiconductor to receive $150M equity investment 01/25/23 Allegro MicroSystems to open new R&D center in Dallas area 02/27/23 Keysight Technologies signs MOU with Analog Devices to advance 6G tech design 02/15/23 Analog Devices: Demand remains resilient in Industrial and Automotive markets 02/15/23 Analog Devices declares dividend of 86c per share 02/14/23 Analog Devices raises quarterly dividend 13% to 86c per share 03/09/23 Bryan Garnier Infineon initiated with a Buy at Bryan Garnier 03/02/23 BofA BofA keeps Buy on ON, says supply agreements offset premature Tesla SiC claims 02/06/23 Deutsche Bank Infineon price target raised to EUR 44 from EUR 42 at Deutsche Bank 02/03/23 Barclays Infineon price target raised to EUR 48 from EUR 47 at Barclays 02/16/23 Deutsche Bank Analog Devices price target raised to $200 from $170 at Deutsche Bank 02/16/23 Stifel Analog Devices price target raised to $225 from $195 at Stifel 02/16/23 BMO Capital Analog Devices price target raised to $215 from $195 at BMO Capital 02/16/23 Truist Analog Devices price target raised to $251 from $215 at Truist ALGM Allegro MicroSystems 03/15/23 Needham Allegro MicroSystems price target raised to $50 from $42 at Needham 03/15/23 TD Cowen Allegro MicroSystems price target raised to $52 from $44 at TD Cowen 03/15/23 Mizuho Allegro MicroSystems price target raised to $48 from $42 at Mizuho 03/14/23 Barclays Allegro MicroSystems price target raised to $50 from $44 at Barclays 02/03/23 Truist Microchip price target raised to $94 from $85 at Truist 02/03/23 Needham Microchip price target raised to $110 from $82 at Needham 02/03/23 Susquehanna Microchip price target raised to $100 from $85 at Susquehanna 02/03/23 B. Riley Microchip price target raised to $106 from $86 at B. Riley 03/02/23 OTR Global NXP believed to have won NFC chip for Apple headset, says OTR Global 02/01/23 Deutsche Bank NXP Semiconductors price target raised to $200 from $185 at Deutsche Bank 02/01/23 BMO Capital NXP Semiconductors price target raised to $180 from $160 at BMO Capital 02/01/23 Needham NXP Semiconductors price target raised to $235 from $200 at Needham 03/08/23 BofA ON Semiconductor price target raised to $100 from $90 at BofA 03/03/23 Citi Tesla announcement not near-term risk for ON Semiconductor, says Citi 03/02/23 Stifel Long-term implications of Tesla news remain unclear for ON Semi, says Stifel 02/06/23 ON Semiconductor sees Q1 EPS $1.02-$1.14, consensus $1.14 02/06/23 ON Semiconductor reports Q4 EPS $1.32, consensus $1.27 10/31/22 ON Semiconductor sees Q4 EPS $1.18-$1.34, consensus $1.25 10/31/22 ON Semiconductor reports Q3 EPS $1.45, consensus $1.31 01/30/23 NXP Semiconductors sees Q1 revenue $2.9B-$3.1B, consensus $3.16B 01/30/23 NXP Semiconductors reports Q4 EPS $2.76, consensus $2.74 10/31/22 NXP Semiconductors reports Q3 EPS $2.79, consensus $3.63 02/02/23 Microchip sees Q4 EPS $1.61- $1.63, consensus $1.58 02/02/23 Microchip reports Q3 EPS $1.56, consensus $1.55 02/02/23 Notable companies reporting after market close 11/28/22 Microchip back Q3 EPS view $1.54-$1.56, consensus $1.58 03/28/23 Infineon raises Q2 revenue outlook on 'resilient business dynamics' 11/14/22 Infineon 'significantly' increases long-term financial targets 11/14/22 Infineon reports Q4 adjusted EPS EUR0.63 vs. EUR0.49 last year ALGM Allegro MicroSystems 01/31/23 Allegro MicroSystems sees Q4 adjusted EPS 35c-37c, consensus 32c 01/31/23 Allegro MicroSystems reports Q3 EPS 35c, consensus 32c 10/27/22 Allegro MicroSystems sees Q3 non-GAAP EPS 31c-33c, consensus 27c 10/27/22 Allegro MicroSystems reports Q2 non-GAAP EPS 31c, consensus 26c 02/15/23 Analog Devices sees Q2 EPS $2.75, plus/minus 10c, consensus $2.42 02/15/23 Analog Devices reports Q1 EPS $2.75, consensus $2.60 02/14/23 Notable companies reporting before tomorrow's open