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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (16026)	5/30/2023 9:36:25 AM
From: Kirk ©	3 Recommendations Recommended By berniel Return to Sender Sdgla Read Replies (1) \| Respond to of 26763

Great news, thanks! It looks like COHR has a "coherent strategy" for growth and cost reduction as I was hoping for. At the risk of sounding racist with this "old phrase" .... I see "three white soldiers" with "breakaway gaps" in this extremely bullish chart.

To: Return to Sender who wrote (16026)	6/7/2023 11:01:38 AM
From: Kirk ©	1 Recommendation Recommended By Return to Sender Respond to of 26763

A bottom? Sales higher for the 2nd straight month. Global Semiconductor Sales Increase 0.3% Month-to-Month in April Tuesday, Jun 06, 2023, 4:30pm by Semiconductor Industry Association Worldwide chip sales down 21.6% year-to-year; latest industry forecast projects annual downturn of 10.3% in 2023 followed by growth of 11.9% in 2024 WASHINGTON—June 6, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $40.0 billion during the month of April 2023, an increase of 0.3% compared to the March 2023 total of $39.8 billion and 21.6% less than the April 2022 total of $50.9 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. Additionally, a newly released WSTS industry forecast projects annual global sales will decrease 10.3% in 2023 and then rebound with growth of 11.9% in 2023. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. “The global semiconductor market remains in a cyclical downturn, exacerbated by sluggish macroeconomic conditions, but month-to-month sales ticked up for the second consecutive month in April, perhaps foreshadowing a continued rebound in the months ahead,” said John Neuffer, SIA president and CEO. “The latest industry forecast projects a double-digit dip in global chip sales for 2023, followed by a strong rebound in 2024.” Regionally, month-to-month sales in April increased in China (2.9%) and Japan (0.9%), but decreased in Europe (-0.6%), the Americas (-1.0%), and Asia Pacific/All Other (-1.1%). Year-to-year sales in April were up in Europe (2.3%), but down in Japan (-2.3%), the Americas (-20.5%), Asia Pacific/All Other (-23.9%), and China (-31.4%). Additionally, SIA today endorsed the WSTS Spring 2023 global semiconductor sales forecast, which projects annual global sales will be $515.1 billion in 2023, down from the 2022 sales total of $574.1 billion. In 2024, global sales are projected to reach $576.0 billion, which would be the industry’s highest-ever total. WSTS tabulates its semi-annual industry forecast by gathering input from an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor trends. For comprehensive monthly semiconductor sales data and detailed WSTS forecasts, consider purchasing the WSTS Subscription Package. For detailed historical information about the global semiconductor industry and market, consider ordering the SIA Databook. [ April 2023 chart and graph]