Here’s a good sign for global economic trends: two contract electronics manufacturers, Celestica and Sanmina, companies that manufacture things for other companies for a fee, both reported earnings results for the December-ending quarter that were higher than expected. Sell-side
@tiernanraytech
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Intel’s Data Center Struggles Amid AI Market Shift
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Intel’s streak ends: Is data center being hurt by the AI craze? Intel’s three-quarter streak of better-than-expected revenue forecasts fell apart as the outlook this evening came in eleven percent lower than expected. Intel’s data center chip sales fell again, capping a
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ASML Orders Surge Signals Intensifying AI Hardware Race
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ASML’s huge surge in orders points to the AI race
ASML had an astounding quarter for new orders, surging by fifty percent and crushing consensus. The preponderance of “EUV” equipment in the orders, and the enormous amount of it going to the memory-chip market, plays into the -
Smartsheet CEO on Productivity Gap and Business Innovation
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I thought productivity apps were a dead topic. Who knew. Please enjoy my interview with Smartsheet CEO Mark Mader Smartsheet CEO: The race for productivity is still on “There is a productivity gap that has allowed us to build a billion-dollar business."
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Elastic CEO on Enterprise Gen AI Adoption Complexity
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Please enjoy my interview with Elastic CEO Ashutosh “Ash” Kulkarni It’s going to take time for enterprises to figure out how to use Gen AI, because it’s a lot more complex than signing up for ChatGPT, explains Elastic CEO Ashutosh “Ash” Kulkarni. On the other side of
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Taiwan Semi’s AI Chip Revenue Outpaces Industry Growth
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Street is delighted with Taiwan Semi’s AI outlook The AI chip race is going to drive Taiwan Semiconductor’s revenue above the rest of the chip manufacturing industry, the company said on Thursday, driving its shares sharply higher. It’s good news for Taiwan Semi customers such
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CES 2026 Drives Market Optimism Despite Bitcoin ETF Pullback
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The TL Podcast for January 15th: CES brings the animal spirits The annual gadget fest in Las Vegas, The Consumer Electronics show, contributed to an upbeat week for stocks, but spot ETFs of Bitcoin were a sell-on-the-news event. https://
thetechnologyletter.com/the-posts/the-
tl-podcast-for-january-15th-ces-brings-the-animal-spirits
… Or catch it on Apple -
Hewlett Juniper deal impacts capital returns amid AI PC hype
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Sell-side most interesting: Cheers for the AI PC, Micron’s advantage, and Hewlett has ruined capital returns Hewlett’s purchase of Juniper Networks blows up the positive view on its capital returns, Deutsche thinks the hype is fading fast for “Gen AI” while UBS is enamored of
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CES 2024: Technology Innovation Stagnation Continues
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CES 2024: Plus ça change Weird keyboard devices, a two-thousand-dollar Bidet, and cars with a lot of sensors mark another year of more of the same in Las Vegas. https://
thetechnologyletter.com/the-posts/ces-
2024-plus-a-change
… $SNE $AAPL $MSFT -
Absci’s Generative AI Antibody Enters Clinical Trials Early 2025
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Please enjoy my interview with Absci CEO Sean McClain “We're on track to put the first de novo designed antibody with generative AI in the clinic in early 2025.” Absci, a biotech startup using “generative AI” to create novel therapeutics, is hopefully just one year away from