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Pierre FerraguÊ
  • Pierre FerraguÊ

Autos & Industrial semis, IT budgets, Smartphones, datacenter optics, ...

As always, during earnings season, we wrap-up what happened in the previous week.

Pierre FerraguÊ
  • Pierre FerraguÊ

Wolfspeed: are margins in materials collapsing, or about to collapse?

Wolfspeed’s gross margin declined 16pts year-on-year in its most recent quarter. We analyze potential moving parts in today’s one slider

Arista Networks Inc: 1 director

A director at Arista Networks Inc sold/sold after exercising options 40,000 shares at 420.358USD and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's direct...

Pierre FerraguÊ
  • Pierre FerraguÊ
 PRESS RELEASE

Arista Networks, Inc. Reports Third Quarter 2024 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client-to-cloud networking for large AI, data center, campus and routing environments, today announced financial results for its third quarter ended September 30, 2024. Third Quarter Financial Highlights “Arista remains at the forefront of next generation centers of data across client-to-cloud and AI focused locations,” said Jayshree Ullal, Chairperson and CEO of Arista Networks. “Our Q3 2024 results once again demonstrate our continued commitment to customer priorities as well as de...

 PRESS RELEASE

Arm Announces Appointment of Charlotte Eaton as Chief People Officer

CAMBRIDGE, England--(BUSINESS WIRE)-- Arm Holdings plc (NASDAQ: ARM), today announced the appointment of Charlotte Eaton as chief people officer (CPO) with immediate effect. Eaton will lead the Arm global people organization and report to Arm CEO Rene Haas. As part of planned succession, Eaton will replace current CPO who will remain at Arm in an advisory role and assist in the transition through November before retiring from executive life. “Arm’s commitment to pushing boundaries and driving innovation has been propelled by a progressive culture built around trust, transparency, inclusion a...

Pierre FerraguÊ
  • Pierre FerraguÊ

Wolfspeed 1FQ25: Margin pressure, substrate oversupply.Lack of scale i...

Wolfspeed reported 3Q24 (1FQ25) yesterday. Please see the link below for our take on the print.

Pierre FerraguÊ
  • Pierre FerraguÊ

Silicon carbide Maelstrom. Our quick thoughts

There were multiple negative datapoints in the silicon carbide value chain last week. We provide a quick update on the sector in today’s one-slider

Martin Marandon-Carlhian ... (+2)
  • Martin Marandon-Carlhian
  • Stephane Houri

Arm Holdings plc : Q2 2025 beats forecasts but no increase full-year f...

>Q2 2025 > earnings thanks to greater licences - Q2 2025 sales stood at $ 844m at +5% y-o-y, above the consensus at $ 812m (guidance $ 780-830m). This performance can be explained by licence revenues of $ 330m, down as expected, but just 15% after +72% in Q1. This figure is above the consensus of $ 297m. Annualised value of contracts remains the most relevant indicator for growth in licence revenues. It stands at $ 1,253m at +13% y-o-y, above the consensus at $ 1.2b...

Martin Marandon-Carlhian ... (+2)
  • Martin Marandon-Carlhian
  • Stephane Houri

Arm Holdings plc : T2 25 supérieur aux attentes mais pas de relèvement...

>Résultats T2 25 > aux attentes grâce à des licences supérieures - Le CA du T2 25 ressort à 844 M$ à +5% yoy, au-dessus du consensus de 812 M$ (guidance 780/830 M$). Cette performance s’explique par des revenus de licences de 330 M$, en baisse comme prévu, mais de seulement 15% après +72% au T1. Ce chiffre est au-dessus du consensus de 297 M$. L'ACV (valeur annualisée des contrats) reste l’indicateur le plus pertinent de la croissance des revenus de licences. Il ress...

 PRESS RELEASE

Arm Holdings plc Reports Results for the Second Quarter of the Financi...

CAMBRIDGE, England--(BUSINESS WIRE)-- Arm Holdings plc (NASDAQ: ARM), the company that is building the future of computing, has today published a letter to its shareholders containing the company’s results for its fiscal second quarter and three months ended September 30, 2024. The letter is available on its investor relations website (). The shareholder letter will also be furnished to the Securities and Exchange Commission (SEC) on a Form 6-K and will be available on the SEC website at . Arm will host an audio webcast to discuss its results at 14:00 PT / 17:00 ET / 22:00 GMT today, November...

Pierre FerraguÊ
  • Pierre FerraguÊ

Arm cancelling Qualcomm Architectural License. Posturing or early sign...

Bloomberg reported overnight that Arm has given Qualcomm a 60-day notice of the cancellation of its architectural license. This note summarises full facts, background and our perspective.

Pierre FerraguÊ
  • Pierre FerraguÊ

Wolfspeed: Funding concerns off the table. Fundamental view unchanged

Wolfspeed announced this morning a proposed $2.5bn funding from the CHIPS Act and other sources. Please see the link below for our quick take.

 PRESS RELEASE

Arista Networks to Announce Q3 2024 Financial Results on Thursday, Nov...

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Arista Networks, Inc. (NYSE:ANET) will release its financial results for the quarter ended September 30th, 2024 after U.S. markets close on Thursday, November 7th, 2024. The results will be included in a press release with accompanying financial information that will be posted on the Investor Relations section of the Arista website at . Arista’s executive management team will host a conference call on November 7th, beginning at 1:30 p.m. PT (4:30 p.m. ET) to discuss financial results and business highlights. Interested parties may access the call by dial...

 PRESS RELEASE

Arm Announces Earnings Release Date for Second Quarter Fiscal Year End...

CAMBRIDGE, England--(BUSINESS WIRE)-- Arm Holdings plc (NASDAQ: ARM) today announced it will report financial results for the second quarter of fiscal year 2025 on Wednesday, November 6, 2024, after market close. The company will host a conference call via audio webcast at 14:00 Pacific Time (17:00 Eastern Time / 22:00 British Summer Time) to review its financial results and business outlook. Financial and other statistical information will be discussed on this conference call. The live audio webcast will be available at: and a replay of the conference call can be accessed on shortly after...

Martin Marandon-Carlhian ... (+2)
  • Martin Marandon-Carlhian
  • Stephane Houri

ODDO : A fresh acceleration in semiconductor sales in August, mainly t...

>A fresh acceleration to worldwide semiconductor sales in August at +20.6% y-o-y (vs +18.7% in July) - Worldwide semiconductor sales in August 2024 were published by the WSTS (World Semiconductor Trade Statistics) with the usual one-month lag. On a three-month moving average, sales came to $ 53.1bn, ahead of our forecast of $ 52bn. This represents a sequential increase of 3.5% and +20.6% y-o-y, after +18.7% in July. At the regional level, sales from one year to the n...

Martin Marandon-Carlhian ... (+2)
  • Martin Marandon-Carlhian
  • Stephane Houri

ODDO : Nouvelle accélération des ventes de semiconducteurs en août, pr...

>Nouvelle accélération de la croissance des ventes mondiales de semis en août à +20.6% yoy (vs +18.7% en juillet) - Les ventes mondiales de semiconducteurs d’août 2024 ont été publiées par WSTS (World Semiconductor Trade Statistics), avec (comme toujours) un mois de décalage. En données lissées (moyenne de 3 mois), elles ressortent à 53.1 Md$ au-dessus de notre prévision à 52 Md$. Il s’agit d’une hausse séquentielle de 3.5% et annuelle de 20.6% après 18.7% en juillet....

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