Trying to hear what's not being said
January 30, 2025 Leave a comment
At the time of writing (mid-morning during Thursday’s trading session on Jan 30, ’25), ASML shares are only up 1.6% for the week, even after rising 10% in the past 2 days.
ASML won’t be of interest to me until the stock trades down to EUR 415.
And says alot of what I think is ahead for the semiconductor darlings.
January 30, 2025
rob@karriasset.com.au
December 2, 2024 Leave a comment
7 months ago, I wrote a note making an early call that the Intel CEO should leave.
I said ‘it will be good for the stock price’….and for the company.
The press release is calling it a ‘retirement’.
It’s better to retire than to be fired.
Ask Carly Fiorina.
But it may be more political which many may refuse to acknowledge.
As mentioned in my April 29, 2024 note…..there was/is much reliance on Biden administration providing Intel with ‘funding’ ….while incoming President Trump may kill the CHIPS Act and likely delete the Inflation Reduction Act (IRA).
They are also good reasons for Pat Gelsinger to resign.
December 2, 2024
rob@karriasset.com.au
October 17, 2024 Leave a comment
Yesterday, the ASML share price completed a reversion to its 200 week moving average.
Soon, I’ll be re-buying it.
October 17, 2024
April 29, 2024 Leave a comment
I think Intel CEO, Pat Gelsinger is on the ropes.
I’ve watched his various media interviews and listened to Intel quarterly earnings calls. Tone and posture has changed over the past 2 years and not for the better.
Coupled with Intel’s woeful stock performance since his appointment as CEO in February 2021, using the word’s “A.I.” and “Data Centres” can only do so much for the stock price.
Intel had 5 rounds of job cuts in 2023.
It just won $8.5 billion in U.S. Federal subsidies from the $52 billion CHIPS Act Congress passed last year and was promised to receive $11 billion in loans.
Regarding the funds available within the CHIPS Act, CEO Pat Gelsinger said he is counting on additional federal funding this year for defense-related semiconductor projects. And he said he hopes for a second CHIPS Act to reverse the long erosion of domestic technology manufacturing.
“We’ll need at least a CHIPS 2 to finish that job,” Gelsinger said.
https://www.govtech.com/workforce/intel-wins-8-5b-in-federal-chip-factory-subsidies
Its an early call, but a change in CEO will be good for the stock price.
by Rob Zdravevski
April 29, 2024
rob@karriasset.com.au
rob zdravevski's blog 