Technology

Nikkei: Apple’s three major product lines cut orders Weakening demand is the main reason

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According to Nikkei, Apple notified suppliers to cut production of AirPods, Apple Watch and MacBook components this quarter, citing weakening demand. This is the latest Apple cut news after the iPhone 14 series was reported to be due to poor sales of entry-level models, and Apple reduced related orders. Industry insiders pointed out that iPhone, AirPods, Apple Watch, MacBook are Apple’s four most important hardware products, if the four major product lines are facing the risk of cutting, highlighting the global consumer product market is worse than expected.

Nikkei: Apple’s three major product lines cut orders Weakening demand is the main reason Read Post »

Micron Technology (NASDAQ:MU) Cut to Hold From Buy by Argus Research

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Argus analyst Jim Kelleher downgraded Micron to Hold from Buy. The analyst believes that the company is facing a challenging environment with the prospects of deep operating losses over the next few quarters. While Micron shares are “deeply discounted”, he can no longer recommend the stock even for investors who are aware of the risks investing in memory technology and the big stock swings due to volatile pricing, Kelleher tells investors in a research note.

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It is reported that Apple has shelved the 14.1-inch mini-LED panel iPad Pro release plan

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Ross Young, CEO of panel supply chain consulting firm DSCC, previously said that the 14.1-inch iPad Pro with a mini-LED display is expected to launch in Q1 2023. But the latest news it got from the screen supply chain channel shows that Apple has shelved the product release plan and has completely canceled or significantly delayed the release plan.

It is reported that Apple has shelved the 14.1-inch mini-LED panel iPad Pro release plan Read Post »

It is reported that Qualcomm will cut the price of mobile SoC next year

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Sources said Qualcomm could lower the price of mid-range and entry-level Snapdragon phone processors, including the 400 and 600 series, in 2023. The short-term purpose of this price cut is most likely to reduce inventory, but industry insiders worry that this could be the beginning of a price war for mid-range and entry-level mobile SoCs. (Taiwan Electronic Times)

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Applied Materials (NASDAQ:AMAT) Stock Price Trend Forecast and Market Analysis-2022.12.30

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Applied Materials, Inc. (NASDAQ:AMAT) Stock Price Trend Forecast and Market Analysis: 2022.12.30 From the stock chart analysis, the recent stock price fell from the rebound high point to the 60-day moving average, the short-term stock price has a high probability of fluctuation between $93-$100, the medium-term trend is uncertain, and the long-term trend depends on the index performance. The short-term bid price is recommended to be $94, the target price is $98, the stop loss price is $92, and the repeat sell high and buy low many times unless the short-term trend ends. Under the condition of declining industry demand, stock price performance relies on financial statements and indices, and it is recommended to trade in range-bound logic in the short term. From the analysis of financial statements, Q4 2022 achieved revenue of 6.749 billion US dollars, market estimate of 6.449 billion US dollars, YoY+10%, net profit of 1.591 billion

Applied Materials (NASDAQ:AMAT) Stock Price Trend Forecast and Market Analysis-2022.12.30 Read Post »

Adobe (Nasdaq:ADBE) Stock Price Trend Forecast and Market Analysis-2022.12.30

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Adobe (Nasdaq:ADBE) stock price trend forecast and market analysis: 2022.12.30 From the stock chart analysis, the recent stock price has remained between $325-$350, short-term transactions is very good high sell low buying opportunity, buy price $325, stop loss price $320, target price of $340. The medium-term and long-term are temporarily lacking in trend and are not recommended for trading. From Analysis from financial statements,Revenue for the fourth quarter of fiscal 2022 was $4.53 billion,  market estimates of $4.53 billion, YoY+10%, net income attributable to common shareholders of $1.176 billion, $1.273 billion  a year earlier,  EPS at $2.53, $2.57 a year earlier. R&D expenses were $773 million. Revenue growth has slowed, but its valuation cannot be calculated conservatively, and its special industry position can be further expanded through M&A transactions, and the focus is on performance guidance. The historical high of the stock price may have been formed, and the stock

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Alphabet (NASDAQ:GOOGL) Stock Price Trend Forecast and Market Analysis-2022.12.30

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Alphabet Inc. (NASDAQ:GOOGL) stock price trend forecast and market analysis: 2022.12.30 From the stock chart analysis, the recent stock price followed the NASDAQ index synchronous decline, the stock price fell again to the previous low point around $83.34, the short-term stock price trend mainly follows the index, short-term trading buy price of $86, target price of $89, stop loss price of $85, can repeatedly buy low and sell high. The medium-term bid price is $86, the target price is $100, and the stop loss price is $84. Long-term holdings are very uncertain about short-term returns. From Analysis from financial statements, the revenue in the third quarter of fiscal 2022 was US$69.092 billion, the market estimates US$70.76 billion, YoY + 6.10%, net profit attributable to common shareholders was US$13.91 billion, YoY-26.54%, EPS was US$1.06, YoY-24.26%. Overall revenue continued to grow, but Q4 faced great challenges, and net profit may decline further.

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Memory market spot prices remain weak in December, and the decline in the first quarter of 2023 is expected to converge

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In 2022, memory prices continue to fail, affected by oversupply and higher original inventory, and the market spot price in December is still weak and declining. The industry believes that market prices in the first quarter of 2023 still lack support, and order visibility is uncertain, but the decline is still expected to converge. Since 2022, DRAM prices have declined quarter by quarter, and the cumulative spot price decline from the beginning of the year to the end of the year has exceeded 40%.

Memory market spot prices remain weak in December, and the decline in the first quarter of 2023 is expected to converge Read Post »

AMD (NASDAQ:AMD) Stock Price Trend Forecast and Market Analysis-2022.12.29

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Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock Price Trend Forecast and Market Analysis: 2022.12.29 From the stock chart analysis, the recent stock price movements have been weaker, at the 60-day moving average, but the probability of the stock price directly breaking below $54 is not high, and there may be a certain rebound range in the short term. Recommended short-term buy price above $61, stop loss price of $61, target price of $72. If the stock price falls below $61, the probability of the share price falling to $54 will rise. From the analysis of financial statements, the chip industry is headwinded, demand has fallen, and it is in a counter-cycle. Revenue for the third quarter of 2022 was $5.6 billion, gross margin was 42%, operating loss was $64 million, net income was $66 million, and diluted earnings per share were $0.04. Non-GAAP gross margin was 50%, operating income was $1.3

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META (NASDAQ:META) STOCK PRICE TREND FORECAST AND MARKET ANALYSIS-2022.12.29

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Meta Platforms, Inc. (NASDAQ:META) STOCK PRICE TREND FORECAST AND MARKET ANALYSIS: 2022.12.29 FROM THE STOCK chart ANALYSIS, THE RECENT STOCK PRICE PERFORMANCE IS STRONGER THAN THE NASDAQ INDEX AND INDUSTRY INDEX, THE STOCK PRICE REMAINS AT $115-$120, AND THE PROFIT OPPORTUNITY IS HIGHER. The probability of short-term choice of direction is higher, the first case is to break upwards and make up for the gap in the previous round, but this probability is low, the main criterion is whether it effectively breaks through $130, if the stock price effectively breaks through the upward target price to $160-$180. The second continues to return to the $100-$125 range of oscillations and continues to build a bottom, which is more likely. The possibility of a dip below $100 is that Q4 results are reported less than expected. It is recommended to buy $85-$100 in the middle line, with a large profit margin. From

META (NASDAQ:META) STOCK PRICE TREND FORECAST AND MARKET ANALYSIS-2022.12.29 Read Post »

Meta (NASDAQ:META) acquires Belgian 3D printing lens company Luxexcel

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According to Belgian media De Tijd, Meta Platforms (NASDAQ:META)  has acquired Belgian 3D printing lens company Luxexcel, and the specific terms of the deal are unclear. Meta said it is very pleased to have the Luxexcel team on board, which expands the partnership between the two companies. Founded in 2009, Luxexcel has been focusing on 3D printed lenses, allowing users to quickly create exclusive lenses at affordable prices according to their vision parameters. With the rise of AR/VR, Luxexcel has leveraged its extensive experience in 3D printing, optics, and materials knowledge to enter the said field, and has partnered with the likes of Lumus and WaveOptics to develop lens modules for AR. Among them, Luxexcel’s technology can help print lenses that contain air gaps, allowing waveguides to work properly.

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