| | | Micron hit a 52 week high today too, although they closed below it. Perhaps due to this:
Korea IT H/W: Server DRAM Demand Recovery A Certainty In Q4 2019
Sep. 9, 2019 5:35 PM ET
Hyundai Motor Investment & Securities
Summary
- Aspeed’s August sales up 6.3% MoM and 14% YoY to a monthly record.
- NVDA’s GPU sales from data centers and AMD’s enterprise CPU sales on the road to recovery as well.
- Server DIMM price declines hit the brakes in August, sliding only 2% MoM for 32GB and 4.2% MoM for 64GB.
Aspeed’s Aug. sales up a record 6.3% MoM, signaling 4Q demand recovery
Aspeed, representing 80% of global hyperscale server sales and leading memory and CPU demand by three months, unveiled its August earnings results: sales rose 6.3% MoM and 14% YoY to NTD230mn, breaking a monthly record for a second consecutive month. Its YTD sales in August edged up 1.9% YoY, which seems slow compared with the 2019 YoY growth guidance of 10%, but it is an indication that sales for the rest of 2019 will be stronger than expected. Meanwhile, server demand from telcos is increasing amid the rise of 5G, and we expect demand from public cloud companies and enterprises to pick up in earnest from 4Q19.
continues at seekingalpha.com |
|
