1. Nike has slightly increased in value, outperforming the market by 9.4% after receiving a Buy rating in early summer. 2. The company is expected to report earnings this week with relatively low consensus expectations. 3. The growing global popularity of American Football and an extended NFL contract could add a wildcard element for Nike. NKE still needs to prove its ability to maintain and defend its significant market leadership margin. 4. With moderate payout ratios, Nike positions itself as an income investment for a long-term dividend marathon.
Recent #investment news in the semiconductor industry
1. ImmunityBio's $100M public offering supports ANKTIVA's commercialization and pipeline programs; 2. Despite dilution and lower offering price, ANKTIVA's performance and future milestones could drive substantial growth; 3. Financial risks persist, but potential for explosive revenue growth supports a bullish outlook.
1. REITs have faced challenges like high inflation, rising interest rates, and the global pandemic, but conditions are improving, providing a tailwind for the sector. 2. Realty Income remains undervalued with a strong portfolio and a 5.7% dividend yield. 3. Agree Realty has outperformed recently with a high-quality tenant base and a 4.1% dividend yield. 4. Prologis offers exciting growth potential in e-commerce and data centers with a 3.4% dividend yield.
1. Palantir Technologies Inc. has seen a remarkable 330% YTD stock increase, driven by strong AI and SaaS growth; 2. The stock surged 90% since September 23, 2024, highlighting its rapid appreciation and investor confidence; 3. Palantir's biggest client is the U.S. Government, solidifying its position as a leading AI platform and defense contractor.
➀ Dell'Oro Group reports that O-RAN investments have fallen by $500 million in 2023 and a further 30% y-o-y in the first three quarters of 2024. ➁ The top 3 Open RAN suppliers for 1Q24-3Q24 are Samsung, NEC, and Fujitsu, while the top 3 vRAN suppliers are Samsung, Fujitsu, and Ericsson. ➂ Short-term projections for Open RAN have been revised downward, with a mid-single-digit share of the 2024 RAN market and 8 to 10% of the combined 2025 revenues.
➀ Anhui's richest man, Cao Renxian, recently invested in Akiydemi Semiconductor, a power semiconductor chip company in Hefei, supported by two academicians.
➁ Akiydemi has received strong support from Hefei and completed a 300 million yuan angel round in 2021.
➂ SunPower, a leading solar inverter company, has invested in Akiydemi, with SunPower's affiliated investment fund, Renfa Investment, becoming the third largest shareholder.
➀ NVIDIA, AMD, and Intel have jointly invested in Ayar Labs, a startup that specializes in optical I/O solutions for large-scale AI workloads.
➁ Ayar Labs has raised $155 million in funding from investors including NVIDIA, AMD, Intel, and GlobalFoundries, valuing the company at over $1 billion.
➂ The company's optical I/O technology aims to redefine AI infrastructure by overcoming the bottlenecks of traditional copper interconnects.
1. Waymo is rapidly expanding its services and demonstrating its ability to create a winner-takes-all platform in the autonomous industry; 2. Waymo's recent expansion to Miami caused Uber and Lyft stocks to drop by 10%, highlighting its impact on competitors; 3. Tesla's ambitious plan to launch autonomous service in 2025 is likely to face significant challenges as it is far behind Waymo in terms of human interventions needed.
1. Identifying businesses with strong economic moats is crucial for long-term investment success; 2. Prologis, Digital Realty, and Realty Income are three 'wide moat' REITs with predictable profit streams and strong dividend histories; 3. Prologis and Digital Realty are recommended for their robust portfolios and growth potential, though Digital Realty is currently overvalued; 4. Realty Income offers the best value with a strong dividend yield and potential for significant returns, making it a Strong Buy.
1. The Schwab U.S. Dividend Equity ETF offers consistent dividends, high diversification, and long-term growth, making it ideal for passive income investors. 2. With receding inflation and a robust U.S. economy, equity-oriented ETFs like SCHD are compelling investment opportunities for 2025. 3. The ETF's diversification across industries and strong dividend record provide stability and growth potential, even amid macroeconomic fluctuations. 4. The recent price drop to the 20-day moving average presents a buying opportunity for passive income investors.
1. Masimo's proxy fight and Sound United acquisition initially distracted from core business; 2. Strong Q2 results and improved earnings guidance led to a 50% surge in shares since July; 3. Current valuations suggest a good time for profit taking, while maintaining a position for long-term growth potential.
➀ SEMI forecasts semiconductor manufacturing equipment sales to grow 6.5% year-on-year to $113 billion in 2024, with projections of $121 billion for 2025 and $139 billion for 2026. ➁ The wafer fab equipment (WFE) segment is expected to grow 5.4% to $101 billion in 2024, driven by DRAM, HBM, and China. ➂ Back-end equipment sales are projected to surge, with test equipment sales increasing 14.7% in 2025 and 18.6% in 2026.
1. The quantum computing market is experiencing significant growth, boosting stocks like Quantum Computing Inc. (QUBT); 2. QUBT has the opportunity to be an early adopter in the new market with AWS's structured services; 3. The company may need to raise additional funds in the next 2 quarters due to cash constraints and CAPEX at the TFLN foundry; 4. QUBT is expected to be unprofitable for at least 2-3 years due to low base revenue; 5. The company's technology holds long-term potential but poses short-term risks, making it a speculative investment.
1. The author has been bullish on Brookfield Renewable Partners L.P. Limited Partnership Units (BEP) since May 2024; 2. Despite recent struggles, the author believes BEP is poised to benefit from the increasing demand for power as data centers are built up; 3. The author expects to lock in a durable 6% yield from BEP, anticipating valuation recovery and growing distributions in the future.
1. ASML is a crucial company in the world, trading at a P/E multiple in line with their 2022 lows. 2. ASML has a significant monopoly in the semiconductor industry due to technical advantage, supply chain ownership, and data. 3. There are risks to consider, such as China/Taiwan and technological disruption, but the rewards are believed to outweigh these risks.
➀ The US-China tension is fostering a tech hub in Southeast Asia with over $100 billion in foreign direct investment in Malaysia and Vietnam.
➁ The rise is driven by multinational corporations, governments, and startups developing AI and establishing chip manufacturing centers.
➂ Malaysia is expanding its chip manufacturing capacity and attracting foreign investment, aiming to become a high-income country.
➃ Vietnam's Bac Ninh province is becoming a high-tech industrial center with over 37,000 new jobs created.
➄ China's tech firms are setting up operations in Vietnam to avoid trade restrictions and access advanced chips.
➅ Singapore's Jurong district is becoming a hub for AI and data centers, with significant investments from Nvidia and Microsoft.
➀ Five new SiC-related projects have been announced with an investment exceeding 200 billion yuan;
➁ Tarq Semiconductors and HCL's Vama Sundari Investments are investing 27.65 billion yuan in two semiconductor manufacturing factories in Yeadon, India;
➂ Shanghai Fuanyuan Technology Co., Ltd. is investing 115 million yuan in a SiC module packaging equipment R&D and production project;
➃ Huaxin邦 is investing in a SiC chip advanced packaging process line in Haikou, Hainan Province;
➄ Powerex has received 2 million yuan in subsidies from the U.S. Chips and Science Act to expand SiC module production lines;
➅ Heraeus has opened a ceramic substrate factory in Changshu, Jiangsu Province.
➀ Hefei's 12-inch MEMS manufacturing line project, with an initial investment of 5.1 billion yuan, has been halted due to external factors.
➁ The project was initially a framework agreement and has not yet been constructed or launched, and it will not affect the company.
➂ There is currently no hope of restarting the project.
➀ Tenstorrent, Jim Keller's AI chip startup, has closed a significant Series D round worth approximately $693 million. The startup is valued at $2 billion. ➁ The company's AI platform is built on RISC-V cores and uses Ethernet for scaling. ➂ Tenstorrent has around $150 million in closed deals and has received investments from Samsung, LG Technology Ventures, and Hyundai Motor Group, among others.
1. REIT dividend yields are historically high; 2. High-quality REITs offering 6-8% yields can be found; 3. A portfolio of 5 REITs is presented that earns over $1,000 each month.