SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 316.33+1.3%Dec 10 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Sam6/7/2019 4:25:37 PM
1 Recommendation

Recommended By
Return to Sender

   of 95546
 
Lynx cuts AMAT, Lam on DRAM inventory

Jun. 7, 2019 10:09 AM ET|About: Applied Materials, Inc. (AMAT)|By: Brandy Betz, SA News Editor

Lynx Equity Strategies is out cautious on semicap WFE stocks citing downside risks on high DRAM inventories.

The firm thinks Samsung's ( OTC:SSNNF, OTC:SSNLF) DRAM inventories have "expanded to unsustainable levels" partly due to the US-China trade uncertainty.

DRAM supplies are also impacted by U.S. hyperscale data centers growing incrementally more cautious on capex over the past few months.

Lynx cuts Applied Materials ( AMAT -0.2%) and Lam Research ( LRCX +1.2%) H2 semicap equipment revenue by 10%, implying cuts of $400M to the silicon systems group and $300M to product revenue, respectively.


seekingalpha.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News