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To: Johnny Canuck who wrote (56804)	7/24/2023 8:04:22 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68601

CNDS confirm all is not right in chip land. The number of active seats usually is an indication of the amouny of design activity. FFIV used to be a campus to canpus hardware networking company. I am not sure what their new business model is and how it relates to cloud. Keep in mind cloud is the current model for AI product delivery. MU said AI related demand was up and required as much as10 times the memory of enterprise computing, but that increases in AI sales did not offset decline in PC and mobile. Increase network interconnection would beneft AVGO and MRVL. >>>>> MARKET INSIDER Stocks making the biggest moves after hours: NXP Semiconductors, Whirlpool and more PUBLISHED MON, JUL 24 20234:58 PM EDTUPDATED 3 HOURS AGO Hakyung Kim @HTTPS://WWW.LINKEDIN.COM/IN/HAKYUNGKIM/ @HAKYUNGKIM_ WATCH LIVE In this article CDNS-10.94 (-4.53%) NXPI+3.18 (+1.51%) FFIV+15.79 (+10.51%) WHR-1.51 (-1.00%) Follow your favorite stocksCREATE FREE ACCOUNT NXP Semiconductors Source: nxp.com Check out the companies making headlines in extended trading. Cadence Design Systems — Shares fell 4% after the company posted its second-quarter results. Revenue in the company’s product and maintenance category came in at $922.8 million, compared to analysts’ estimates for $928.8 million, according to StreetAccount. Revenue for services also missed expectations, coming in at $53.8 million, compared to $57.9 million anticipated by analysts. Whirlpool — The kitchen and laundry company’s stock dipped 2% after a mixed earnings announcement. Whirlpool posted $4.21 in adjusted earnings per share, coming above Refinitiv analysts’ estimates of $3.76 earnings per share. Meanwhile, revenue fell below estimates, with Whirlpool reporting $4.79 billion compared to analysts’ projections of $4.82 billion. NXP Semiconductors — Shares rose 1% after the chipmaker posted its latest quarterly earnings results. NXP reported $3.43 in adjusted earnings per share on $3.3 billion in revenue. Analysts had estimated $3.29 earnings per share and revenue of $3.21 billion, according to Refinitiv. The company’s projected third-quarter earnings also topped analysts’ estimates. F5 Networks — The cloud-based software company’s shares popped 7% after posting a top- and bottom-line beat in its fiscal third quarter. F5 posted adjusted earnings of $3.21 per share on revenue of $703 million. Analysts called for $2.86 in earnings per share and revenue of $699 million, according to Refinitiv.