Cohu, Inc. (COHU) Message Board

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Technology Stocks : Cohu, Inc. (COHU)

COHU 23.28

+1.7%

Nov 6 3:59 PM EST

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To: robert b furman who wrote (7486)	1/21/2023 3:29:33 PM
From: Johnny Canuck	Read Replies (1) of 7822

COHU has broken the long term downtrend line based on your chart but is struggling with the resistance level at 37.5 as we saw all last year. I think with the recent cap ex cuts at TSM and MU it is hard to see semiconductor chip equipment companies giving good forward guidance. Automotive was the one bright spot but the the demand side is now challenging with car manufacturers starting to discount to keep consumers engaged. It has shifted to a buyers market slightly after a few years of record demand on the new and used car market. Used car prices are down significantly if some of the articles are to believed and we saw prices cuts at TSLA which was at one point considered recession resilient. I have not looked at new car prices. What is the view from the ground through your dealership? TSM even seeing some weaker demand on the 5 nm side which indicates weaker than expected demand on next generation chips. It may still only an inventory issue but at some point it is going to be a end demand issue if the economy starts to contract. digitimes.com Sorry no access past the paywall and not archived through archive.today.

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