The latest financial forecasts released by semiconductor companies such as Intel and Colin R&D have failed one after another, triggering heavy selling pressure. Both fell 7% on Thursday (27th), and the Philadelphia Semiconductor Index tumbled nearly 5%, the largest single-day drop since March last year. , closed at 3,243.99 points, a new low since October last year.
Intel (INTC-US) Although the newly announced fourth-quarter revenue and full-year revenue both hit record highs, the expansion of investment plans has put pressure on gross profit margins. 48.05 Dollar。
Intel’s fourth-quarter revenue reports $19.5 billionDollar, adjusted earnings per share reported 1.09 Dollar, both better than analysts’ estimates of 18.31 billion and 0.91 Dollar; Estimated revenue of 18.3 billion in the first quarter of fiscal year 2022Dollar, better than analysts’ estimate of 17.62 billionDollar, but an adjusted EPS forecast of 0.8 Dollar, below analysts’ estimates of 0.86 Dollar。
Analysts are skeptical about Intel’s long-term prospects, with Wall Street financial institution Bernstein writing in a report that the stock has underperformed for a long time and “may continue to be in purgatory in the future.”
Semiconductor equipment giant Lam Research’s second-quarter earnings report was mixed, but the third-quarter earnings forecast was worse than market expectations. Shares fell 6.93% on Thursday to 555.30 per share Dollar。
Colin R&D estimates third-quarter revenue to be between 3.95 billion and 4.55 billionDollarrange, may fall within 4.25 billionDollarAround, the adjusted EPS is estimated at 7.36 per share Dollar, both lower than analysts’ expectations of 4.49 billion and 8.72 per share Dollar。
Colin’s second-quarter revenue increased from 3.46 billion in the same period last yearDollargrow to 4.23 billionDollar, still below the FactSet analyst estimate of 4.41 billionDollar, profit, the second quarter net profit reported 1.2 billionDollar, adjusted earnings per share was 8.53 Dollar, slightly higher than analysts’ forecast of 8.52 Dollar。
Colin R&D CEO Tim Archer still predicts that investment in wafer fabrication equipment will start again in 2022, helping the company to achieve strong revenue growth.
Among other stocks, semiconductor manufacturing company MKS Instruments (MKSI-US) The latest first-quarter earnings report was less than expected, the company pointed out that the entire industry is subject to supply chain problems, the stock price fell 7.86% to 145.45 per share on the day Dollar. Among its peers, Entegris (ENTG-US) fell 5.76%, Onto Innovation (ONTO-US) fell 5.45%, FormFactor (FORM-US) fell 6.37%.
Semiconductor tester Teradyne (TER-US) tumbled 22.41%, its biggest one-day drop since October 2000, after releasing a bleak forecast. Silicon Motion (Silicon Motion) (SIMO-US) was weak in the first quarter earnings report, and the US ADR stock price fell 8.34%, but Wall Street analysts were optimistic about its full-year performance growth.
On the other hand, Seagate (Seagate) (STX-US) was favored by Summit Insights due to its optimistic financial report and forecast outlook, and its stock price rose 7.65%.