Will Semiconductor earnings live up to the Investor hype?
The state of the Semiconductor Industry before the earnings season
June 2024 is history, and most of the Semiconductor industry has closed its second quarter books. Within the next few weeks, most of the supply chain will report, giving the next peek into the Semiconductor ecosystem, which is the direct or indirect driver of almost all economic growth.
This is an important period for the entire industry, its customers and owners. It will define the supply and demand situation for the complex supply chain and it will cause ripples in the stock market as analysts get surprised.
This post will give the industry's status before the results are revealed. We are sharing the information available.
The first Q2 swallows
A few companies with quarters not aligned to calendar quarters have reported. Nvidia was slightly ahead of expectations, and the stock price made the company the most valuable in periods of June. All of it is driven by the data cen…