Hello dear Getquin Community,

After $ORCL (-1,26 %) Oracle caused quite a stir after the last quarterly figures and the market reacted extremely positively with a 40 percent increase in the share price, so much so that CEO Larry Ellison briefly became the richest person in the world overnight, I wanted to unravel the magic and find out exactly which division caused this tremor.

The answer is Cloud Infrastructure, or OCI for short. In this area, the demand for data centers for artificial intelligence has exploded, which has brought Oracle long-term orders worth 455 billion US dollars. However, it is not only Oracle that is benefiting, but also other hyperscalers, regional challengers and, above all, the so-called shovel manufacturers that provide the basic infrastructure.

I have taken the trouble to look for potential competitors and up-and-coming challengers so that you have a complete overview of this sector. I have divided the whole thing into the following segments: 🌍 Big players (hyperscalers), 💡 Hidden champions (selection by region), ⚒️ Shovel manufacturers (infrastructure suppliers) and, as always, my favorite.

If I have overlooked any important aspects or a classification was not entirely precise, I look forward to your comments and exciting additions. Together we can understand this topic even better and learn from each other.

Feel free to leave a 👍. I wish you every success with your investments 🚀

🌍 Big Player (Hyperscaler)

Amazon Web Services - $AMZN (+0,11 %) (USA, Nasdaq) → World market leader with >30 % market share, huge data centers & own AI chips (Trainium, Inferentia)

Microsoft Azure - $MSFT (+0,67 %) (USA, Nasdaq) → second largest provider, strong AI focus through OpenAI partnership

Google Cloud - $GOOGL (+1,56 %) (USA, Nasdaq) → third largest provider, specialized in AI workloads & big data

Oracle Cloud Infrastructure (OCI) - $ORCL (-1,26 %) (USA, NYSE) → Number 4 worldwide, currently fastest growth (+70-80 %), RPO USD 455 bn

Alibaba Cloud - $BABA (-0,5 %) , $9988 (-0,1 %) (China, NYSE/HKEX) → Market leader in Asia, complete cloud suite from IaaS to AI

Favorite: Oracle - $ORCL (-1,26 %)

Oracle impresses with its cloud infrastructure OCI, which recently collected orders worth 455 billion US dollars. The moat lies in the close integration of the database business and cloud services as well as the multi-cloud partnerships with Microsoft and Google. The compounder property is the result of long-term contracts and economies of scale in data center construction.

Alternative favorite: Alibaba Cloud - $BABA (-0,5 %) , $9988 (-0,1 %)

Alibaba is number one in Asia and number four worldwide. The moat lies in the close integration with Alibaba's e-commerce and fintech ecosystem. The compounder property stems from the enormous growth in emerging markets and the increasing demand for cloud services in China. While the stock is valued significantly cheaper than Oracle, there are geopolitical and regulatory risks.

💡 Hidden champions (selection by region)

🇪🇺 Europe

OVHcloud - $OVH (+3,87 %) PA (France) → largest European cloud provider, GDPR- and Gaia-X-focused

Scaleway - private (France, part of the Iliad Group) → Developer and AI cloud platform

T-Systems - part of $DTE (-0,03 %) DE (Deutsche Telekom, Germany) → Hybrid & Sovereign Cloud for Public Sector

IONOS - $IOS (+1,76 %) DE (Germany, Xetra)

Largest European web hosting and SME cloud provider. Burggraben: strong brand and high customer loyalty in the SME sector.

Aruba Cloud - private (Italy) → regionally strong in SMEs & hosting

Outscale - private (France, subsidiary of Dassault $DSY.PA) → Industrial Cloud & Simulation

Favorite: OVHcloud - $OVH (+3,87 %)

Burggraben: strong position as a GDPR-compliant sovereign cloud with Gaia-X. Compounder: increasing trust from authorities and companies ensures growing recurring revenues.

🇨🇳 China

Baidu AI Cloud - part of $BIDU (-0,51 %) , $9888 (-0,22 %) (Nasdaq, China/USA) → AI workloads, autonomous driving, language models

JD Cloud - part of $JD (+0,84 %) , $9618 (+1,62 %) (Nasdaq, China/USA) → Cloud for e-commerce & retail

Kingsoft Cloud - $KC (-2,43 %) , $3896 (-0,79 %) (Nasdaq, China/USA) → Gaming, streaming and app cloud

China Telecom Cloud - part of $728 HK (HKEX) → Infrastructure cloud, state-supported

China Mobile Cloud - part of $941 HK (HKEX) → 5G edge cloud with telecom backbone

Favorite: Kingsoft Cloud - $KC (-2,43 %) , $3896 (-0,79 %)

Moat: Specializing in gaming, streaming and mobile apps with deep integrations into ecosystems. Compounder: benefits from China's growing online consumption and strong embedding in the Tencent environment.

🇯🇵 Japan

NTT Communications - part of $9432 (-0,72 %) T (Tokyo) → Enterprise cloud with global network

NEC Cloud - $6701 (+2,6 %) T (Tokyo) → Government & security solutions

Fujitsu Cloud K5 - $6702 (+0,66 %) T (Tokyo) → Hybrid cloud for large companies

Rakuten Symphony Cloud - part of $4755 (+0,59 %) T (Tokyo) → 5G & telecom cloud

IIJ Cloud - $3774 (+0 %) T (Tokyo) → Cloud pioneer for enterprise IT

Favorite: NTT - $9432 (-0,72 %)

Moat: global telecom backbone and huge enterprise customer base. Compounder: expansion of data centers in Asia and Europe with stable recurring revenues.

🇮🇳 India

Reliance Jio Cloud - part of $RELIANCE NS (NSE India) → Telecom Cloud, partnership with Azure

Tata Communications IZO - $TATACOMM NS (NSE India) → Hybrid cloud & global backbone

Infosys Cobalt - $INFY (NYSE/NSE India) → Cloud migration platform & consulting

HCLTech Cloud - $HCLTECH NS (NSE India) → AI-powered hybrid cloud

Wipro Cloud Studio - $WIPRO NS (NSE India) → MultiCloud service provider

Favorite: Tata Communications - $TATACOMM

Moat: global fiber optic network and deep networking in hybrid cloud. Compounder: growing international expansion and increasing demand for multi-cloud solutions.

🌏 Asia / Oceania

Naver Cloud - part of $035420 KQ (Korea KOSDAQ) → AI & gaming cloud

Samsung SDS Cloud - $018260 , $SMSN (+2,73 %) KQ (Korea KOSDAQ) → Enterprise & IoT Cloud

KT Cloud - part of $030200 KQ (Korea KOSDAQ) → Telecom & Edge Cloud with 5G

Telstra Cloud - $TLS (-0,02 %) AX (Australia) → Telecom Cloud, Asia-Pacific focus

Macquarie Telecom Cloud - $MAQ AX (Australia) → Public Sector & Compliance

Favorite: Naver Cloud - $035420

Moat: strong integration of AI and gaming in Korea. Compounder: rapid scaling due to growing demand for AI and ML applications.

🌍 Latin America

UOL Diveo (Compasso UOL) - private (Brazil) → Cloud + Managed Services

Tivit Cloud - private (Brazil) → MultiCloud for industry & banks

Locaweb Cloud - $LWSA3 SA (Brazil) → SME Hosting & Cloud

Claro Cloud - part of $AMX (+0,29 %) (Mexico, NYSE/HKEX) → Telecom Cloud in Latin America

DesireCloud - private (Chile/Peru) → Local provider for companies

Favorite: Locaweb - $LWSA3

moat: Market leader for SME cloud and hosting in Brazil. Compounder: enormous scalability through the digitalization of small and medium-sized enterprises throughout Latin America.

🇨🇦 Canada

OVHcloud Canada - part of $OVH (+3,87 %) PA (France) → Data centers for North America

SherWeb - private (Quebec) → Cloud and MSP services for SMEs

HostPapa - private (Canada) → SME cloud solutions

Canadian Web Hosting - private (Canada) → Cloud & hosting with a focus on data protection

Beanfield Cloud - private (Toronto) → Cloud combined with fiber optic infrastructure

Favorite: SherWeb - private

Moat: close ties to SMEs via managed services. Compounder: fast-growing cloud ecosystem for small businesses in North America, high customer loyalty.

⚒️ Blade manufacturers (infrastructure suppliers)

🖥️ Semiconductors & Chips

Nvidia - $NVDA (+2,73 %) (USA, Nasdaq) → GPUs for AI training & cloud

AMD - $AMD (-2,59 %) (USA, Nasdaq) → CPUs/GPUs for Data Center

Intel - $INTC (+26,39 %) (USA, Nasdaq) → Server CPUs & AI accelerators (Gaudi)

TSMC - $TSM (+0,56 %) (Taiwan, NYSE/TWSE) → largest chip manufacturer, produces for NVIDIA/AMD

Samsung Electronics - $SMSN (+2,73 %) KQ (Korea) → Memory, foundry, GPUs/CPUs

Favorite: Nvidia - $NVDA (+2,73 %)

Moat: near monopoly in high-end GPUs for AI. Compounder: Ecosystem and network effects through CUDA and developer community.

📦 Data center hardware & servers

Supermicro - $SMCI (+1,02 %) (USA, Nasdaq) → GPU clusters & AI servers

Dell Technologies - $DELL (+2,55 %) (USA, NYSE) → Enterprise Servers & Storage

Hewlett Packard Enterprise - $HPE (+2,16 %) (USA, NYSE) → Hybrid Cloud & Edge

Inspur - private (China) → AI & Cloud Server

Lenovo - $LNVGY (+0,77 %) (China/ADR) → HPC and AI servers

Favorite: Supermicro - $SMCI (+1,02 %)

Moat: Specialization in GPU clusters and AI servers. Compounder: benefits from every expansion of the hyperscalers, extremely high scalability.

⚡ Memory & network chips

Micron - $MU (+5,3 %) (USA, Nasdaq) → DRAM & HBM memory

SK Hynix - $HY9H (+7,06 %) KQ (Korea) → Memory chips, HBM for NVIDIA

Broadcom - $AVGO (+0,52 %) (USA, Nasdaq) → Network Chips & Switches

Marvell - $MRVL (+5,06 %) (USA, Nasdaq) → Network & 5G chips

ASE Technology - $ASX (+1,57 %) (Taiwan, NYSE) → Packaging for high-end chips

Favorite: Broadcom - $AVGO (+0,52 %)

Moat: deep roots in network infrastructure of hyperscalers. Compounder: benefits from rising demand for switches and custom chips for the cloud.

🏭 Data centers / colocation

Equinix - $EQIX (+1,46 %) (USA, Nasdaq) → largest colocation provider worldwide

Digital Realty - $DLR (+0,2 %) (USA, NYSE) → Data centers worldwide, strong in Europe/USA

China Telecom DC - part of $728 HK (HKEX) → Data center infrastructure in China

NTT Data Centers - part of $9432 (-0,72 %) T (Tokyo) → Data centers in Asia/Europe

NEXTDC - $NXT (+1 %) AX (Australia) → Growing data centers in the APAC region

Favorite: Equinix - $EQIX (+1,46 %)

Moat: global networking and extremely high switching costs for customers. Compounder: continuous expansion and cross-selling potential through platform structure.

🔋 Energy & cooling

Schneider Electric - $SU (+1,64 %) PA (France, Euronext) → Power & Cooling for Data Center

ABB - $ABBN (+0,52 %) (Switzerland, SIX/NYSE ADR) → Energy & Automation

Siemens Energy - $ENR (+2,85 %) (Germany, Xetra) → Power Grids & Data Center Technology

Vertiv - $VRT (+2,14 %) (USA, NYSE) → Cooling, Racks & UPSs

Eaton - $ETN (+2,33 %) (Ireland/USA, NYSE) → Power Management

Favorite: Schneider Electric - $SU (+1,64 %)

Burggraben: market-leading energy and cooling systems for data centers. Compounder: long-term growth due to increasing demand for efficient data centers.

🌐 Network & Connectivity

Cisco - $CSCO (+0,24 %) (USA, Nasdaq) → Router & Network Hardware

Arista Networks - $ANET (+2,53 %) (USA, NYSE) → High-speed switches for hyperscalers

Juniper Networks - Acquisition by $HPE (+2,16 %) Hewlett Packard HP (USA, NYSE) → Routing & Network Security

Ciena - $CIEN (+2,17 %) (USA, NYSE) → Fiber Optics & Optical Networks

Nokia - $NOK (+2,02 %) (Finland, NYSE/Helsinki) → 5G & Core Networks

Favorite: Arista Networks - $ANET (+2,53 %)

Moat: technological leadership in high-speed switches in hyperscaler data centers. Compounder: enormous growth opportunities due to exponential data traffic in AI workloads.

✨ Takeaway

The Oracle quake shows: Cloud & AI are the growth drivers of the coming years. While hyperscalers are in the spotlight, hidden champions are growing in their niches in the background and blade manufacturers are making money from every expansion of the infrastructure.

👉 Question for you: Do you prefer to focus on hyperscalers in your strategy? hyperscalersthe hidden champions or directly on the shovel manufacturers?

I look forward to your opinions!

Source: own analysis

Image - Image credit: Getty Images

$HY9H (+7,06 %)

All notable manufacturers of DRAM components, such as for RAM, are growing. In absolute terms, SK Hynix is benefiting the most: its turnover grew by almost 26% from the first to the second quarter of 2025 to a good 12.2 billion US dollars. Samsung benefited less strongly with growth of just under 14% to USD 10.4 billion.

The figures come from market observer Trendforce, which estimates the pure sales figures for DRAM components and enables a direct comparison using average conversion rates. In its own annual report, Samsung, for example, only reports the turnover of the entire memory division in won currency, including NAND flash for SSDs.

Samsung replaced

SK Hynix is establishing itself as the DRAM manufacturer with the highest turnover after decades of Samsung dominance. SK Hynix accounts for 38.7 percent of global DRAM sales, with Samsung accounting for 32.7 percent. Both manufacturers come from South Korea.

Micron from the USA is the third DRAM manufacturer among the big three. However, with an increase of just under six percent to seven billion dollars, Micron is growing the least. The fourth largest manufacturer, Nanya from Taiwan, is miles behind with a turnover of 341 million dollars.

In relative terms, some Taiwanese manufacturers are growing the fastest: Nanya by 56 percent, PSMC by as much as 86.4 percent. However, with market shares of 0.1 to 1.1 percent, they lead a niche existence.

The three global market leaders are benefiting from the hype surrounding AI, as hyperscalers and their suppliers are buying masses of memory for their data centers. SK Hynix appears to be benefiting in particular from high-bandwidth memory (HBM) for Nvidia. Samsung is said to have had problems with Nvidia's certification for AI accelerators with the HBM3 and later HBM3e generation, which delayed deliveries.

In the second quarter, older DDR4 chips still reduced the average prices of memory manufacturers. However, the tide could currently be turning: Because manufacturers are converting their production lines, DDR4 supply is scarce. At the same time, PC, server and electronics manufacturers are buying up the remaining stock for their systems. As a result, DDR4 prices are exploding, which could fuel growth once again in the current quarter.

https://www.heise.de/news/DRAM-SK-Hynix-setzt-sich-vom-einstigen-Weltmarktfuehrer-ab-10629033.html

$HY9H (+7,06 %)

SK Hynix's latest memory chip comes with QLC technology and a capacity of 2 terabits. The chips could enable SSDs with more memory.

The world's second largest memory manufacturer SK Hynix is expanding its NAND flash generation V9 with a QLC version that stores four bits per cell (Quadruple Level Cells). It follows two years after the introduction of the TLC version (Tiple Level Cells with three bits). The QLC version doubles the storage capacity per chip from one to two terabits - probably accompanied by an increase in chip size.

The latest offshoot also works with 321 memory layers per chip. Just four of these chips stacked on top of each other results in a module with a capacity of one terabyte. 16 chips would result in 4 TByte in a small space.

PC SSDs first

SK Hynix is currently ramping up series production of the new QLC chips. The first products are set to appear in the first half of 2026. The manufacturer also sells its chips to third-party manufacturers who do not produce their own memory. According to the announcement, PC SSDs will be the first to go. The focus of QLC memory is on high capacity at the expense of performance compared to TLC. It is possible that this will result in M.2 SSDs with a capacity of 4 TByte that are around 30 mm short - until now, the limit has been 2 TByte.

In the long term, however, the focus is on high-capacity SSDs for data centers, as is typical for QLC. SK Hynix also wants to end up primarily in data centers for AI training.

More internal storage areas

While the number of storage layers remains identical between the QLC and TLC versions, SK Hynix has reorganized the internal structure: The cells are now divided into six memory areas (planes) instead of four. Each area can be written to and read from in parallel, which is intended to improve performance and thus conceal the transfer weaknesses of QLC.

The manufacturer promises a 56 percent improvement in write speed and 18 percent higher read performance compared to its previous QLC modules. Energy efficiency is set to increase by 23 percent.

https://www.heise.de/news/Hochkapazitivie-PC-SSDs-SK-Hynix-stellt-2-Tbit-Speicherchips-mit-321-Lagen-vor-10607466.html

Hello my dears,

the love @yngfinn has asked me how I find shares. I would like to share my answer with you.

@yngfinn

Hello my dear,

as I have enough positions in my portfolio at the moment, I am no longer looking so intensively for new companies. I don't trade and am more long-term oriented.

My approach is quite different.

By sector:

I often look at which sectors and areas are currently on the move. Or what the areas of the future are, such as robotics, defense and aerospace, AI, etc.

But I also look at which sectors and countries in my portfolio are undervalued.

Or also in which sectors I see a need to catch up because they have been driven down unjustifiably. Like the healthcare sector, for example 🍊.

I watch reports and documentaries. Like exploring the oceans and seas. And discovering Kraken Robotic $PNG (+1,65 %) and Norbit $NORBT (-0,64 %) .

https://getqu.in/Ey45a0/

After Powel's speech on Friday, for example, it would now make sense to look for real estate and homebuilders. Like Buffet did with his stock Dr. Horten $DHI (-0,57 %) .

Unfortunately, the ongoing wars show the importance of drones and drone defense.

But also the increasing importance in agriculture (I have already written a post about this).

https://getqu.in/SdXvMm/

In the end, my choice here was $AVAV (+4,91 %) AeroVironment. And the contract manufacturer $KIT (+0,62 %) Kitron.

In the future-oriented robotics sector, I don't really want to invest in overvalued stocks such as $TSLA (+1,37 %) Tesla or the contract manufacturer $JBL (+2,45 %) Jabil. I see Japan as very innovative here. As shown by $7012 (-0,13 %) Kawasaki shows. This is how I discovered the blade supplier $6481 (+0,85 %) THK (there was a post from me about this).

https://getqu.in/fZudqX/

By country:

When Iran attacked Israel, I took advantage of the dip and picked Israeli stocks.

For example, I discovered Gilat $GILT (+3,18 %) for example.

But as a long-term investor, I still see the USA in the lead. I also like to take a look at small and mid caps.

But I also often look at countries that are not quite so much in focus. Scandinavia or Italy.

I have found $LTMC (-0,23 %) Lottomatica and $CAMX (+0,32 %) Camurus.

I often only look at the companies by momentum from the various indices in these countries.

By company:

I also often look at which companies are currently the stars on the stock market. Like Rheinmetall, for example, but then I don't go into the overvalued shares, but look for suppliers, i.e. blade suppliers. That's how I came across Kitron $KIT (+0,62 %) for example. Kitron as a contract manufacturer for the defense sector.

Or when Novo Nordisk was still a star, I discovered the Novo supplier $YPSN (-0,34 %) discovered.

Nvidia supplier $HY9H (+7,06 %) sk Hynix.

Where is the capex of the companies going?

Based on this question, I came across the AI infrastructure companies $IESC (+3,96 %) IES Holding and $VRT (+2,14 %) Vertiv.

The weakness of one company makes other companies strong.

The weakness of Boeing makes $AIR (+0,15 %) and $ERJ (+1,88 %) strong. That's how I came across Embraer and $MTX (+0,24 %) MTU.

https://getqu.in/4hiSbt/

Research and reports, such as on coinbase $COIN (+3,64 %) (CAUTION never buy based on a story).

https://getqu.in/OIiwhP/

Good company figures with a growth story could also be a reason. As for example with $GILD (+0,83 %) Gilead.

https://getqu.in/iF8BDY/

Takeover fantasies:

Takeover rumors usually mean that the share price of the company to be taken over rises.

As was the case with $AWE (+2,84 %) Alphawave was the case.

https://getqu.in/1NPNWI/

Or with Iveco $IVG (-0,37 %)

https://getqu.in/WJnLFp/

https://getqu.in/VnK4Xk/

CAUTION: Something can always go wrong here and send the share price plummeting.

I experienced this myself with i robot when the UK did not agree to a takeover by Amazon.

No matter in which area. My approach is usually to pick out the momentum stocks. I then look at the multiples, news, order situation and, of course, the company.

Compounders and long-term runners:

In my core, I only invest in quality stocks with a moat.

Here it makes sense not to buy at the ATH, but on the dip.

Multiples:

What is important to me with multiples:

-profitable company, or in the next year

Profitable.

Preferably double-digit profit growth with a falling P/E ratio.

-Percentage profit growth is higher than sales growth.

-good and rising EbiT margin.

-PEG below or around 1

-increasing free cash flow taking into account capex.

My dears,

I hope my brief summary of my approach perhaps offers you a little added value.

Please let me know in the comments.

Suggestions for improvement are also welcome. 😘😘

Today I reduced my semi-ETF by 20% to bring the weighting from 15% to 10%.

No single position has a total weighting (ETF+single stock) above 5%, which is also my threshold. I always want to stay below 5% exposure.

My forward P/E of the portfolio has also fallen to 23, which is below my target of <25, despite the high tech allocation.

This means that my tech sector weighting is now in line with my world ETF $QDEV (+1,18 %)which contains around 40-49% tech. I'm happy with that. I'm just still tech-bullish.

I have also reduced the USA region to 63%, almost identical to my world ETF (61%), and thus within my target range of 60-69%.

My favorites in the semi area remain anyway $TSM (+0,56 %) and $HY9H (+7,06 %) which I bought cheaply and undervalued as individual positions.

$NVDA (+2,73 %) is and remains king, but I do not believe that the annual return will remain above 10% in the next few years, for this the market cap would have to grow by 400 billion every year, which I think would be difficult. $AVGO (+0,52 %) currently has a P/E 5x greater than forward P/E, which shows that analysts are extremely bullish on future earnings. I am also bullish, but not as strongly, so the stock has already run very hot.

My top 10 holdings with 32% total weighting are currently:

4.95% $TSM (+0,56 %) Taiwan Semi

4.65% $NVDA (+2,73 %) NVIDIA

4.55% $GOOG (+1,58 %) Google

4.47% $AVGO (+0,52 %) Broadcom

2.85% $MSFT (+0,67 %) Microsoft

2.63% $META (+1,68 %) Meta

2.37% $AAPL (-0,22 %) Apple

2.04% $ASML (+7,01 %) Asml

1.95% $MA (+1,41 %) Mastercard

1.91% $JPM (+0,73 %) JPMorgan

$AAPL (-0,22 %)
$NVDA (+2,73 %) . $HY9H (+7,06 %)

The US President wants to impose a special tariff on imported semiconductor chips. The measure is likely to be aimed primarily at China.

US President Donald Trump wants to impose a special tariff of around 100 percent on imported semiconductor chips. Trump told reporters in the Oval Office on Wednesday (local time) that the new tariff would apply to all chips and semiconductors coming into the US. However, companies that produce in the United States or at least plan to do so will be exempt from the tariff, Trump added. If companies do not keep their promise to build factories, the tariff will be applied retroactively. However, there was no formal announcement of the tariffs and Trump did not provide any further details.

The measure is likely to be aimed primarily at China. The Taiwanese chip contract manufacturer TSMC would probably be exempt from the tariffs due to its factories in the USA. This would also mean no higher costs for its major customers such as the AI chip group Nvidia. According to a South Korean trade representative, the South Korean chip manufacturer SK Hynix could also not be affected by the special tariff, just like Samsung Electronics. SK Hynix also supplies Nvidia with chips that are used in chipsets for artificial intelligence. The EU, South Korea and Japan have concluded trade agreements with the USA, which could give them an advantage.

Subsidy program for US semiconductor manufacturing

In 2022, the US Congress launched a subsidy program for semiconductor manufacturing and research worth USD 52.7 billion. The aim is to strengthen domestic production. According to the Department of Commerce, the USA produced around twelve percent of the world's semiconductor chips last year. In 1990, the share was still 40 percent. It is not yet entirely clear how many chips from which country will be affected by the new levy. (Reuters)

https://www.diepresse.com/19974881/trump-usa-werden-zoelle-von-100-auf-mikrochip-importe-erheben

$MU (+5,3 %)
$HY9H (+7,06 %)

Good morning, my dears,

After the good figures for Sk Hynix , it was almost obvious that Micron would follow suit.

I see a favorable valuation and a good outlook for both. There is therefore still potential.

And I remain invested in both.

Micron is exceeding expectations in terms of sales and earnings. The outlook is strong thanks to the AI boom. Nevertheless, the share gave back some of its gains after the close of trading. What's going on? US chip manufacturer Micron exceeded analysts' expectations in the third quarter in terms of both turnover and profit. The company also provided an optimistic outlook, which is supported by the ongoing boom in artificial intelligence (AI). Nevertheless, the share was unable to maintain its initial gains after the close of trading. Specifically, Micron achieved adjusted earnings per share of USD 1.91, while only USD 1.60 was expected.

Full article

https://www.wallstreet-online.de/nachricht/19514993-chipriese-micron-ueberrascht-baerenstarken-zahlen-aktie-verhalten

$HY9H (+7,06 %)

Hello my dears,

I remain invested.

SK hynix, the world's leading manufacturer of memory chips, is reviewing plans to build a new back-end production facility to strengthen its packaging capabilities in the face of rising demand for advanced chips.

According to industry sources, the memory chip maker announced on Tuesday via its internal bulletin board that it will build the new factory, named "P&T 7", on a site in Cheongju, North Chungcheong Province. The company has begun demolishing a former LG factory that it had previously acquired on the site for the new building. The work should be completed by September.

"The role of back-end processes in memory semiconductors is becoming increasingly important as they add significant value beyond traditional manufacturing," said an SK-Hynix official. "The company is committed to improving its packaging technology."

In Korea, SK hynix currently has six P&T buildings in Icheon and Cheongju, which are its back-end production facilities.

The construction schedule for the seventh building has not yet been finalized. However, it is planned that the site will serve not only as a packaging facility for end products, but also as a test factory.

The back-end process in chip manufacturing refers to the final stages of chip production where individual chips are cut from the wafer, tested and packaged into finished products.

As performance increases through semiconductor scaling reach their physical limits, advanced packaging technologies are gaining importance as a new way to improve performance and energy efficiency.

herim@heraldcorp.com

https://www.koreaherald.com/article/10516616

SK Hynix's market capitalization exceeds 200 trillion won for the first time due to optimistic chip demand

https://en.yna.co.kr/view/AEN20250624005000320

$MU (+5,3 %)
$HY9H (+7,06 %)

As a Micron shareholder, you have experienced a sharp rise and fall over the past few months. Since April, however, the share price has shot up again, rewarding investors' patience. The management is causing a stir today with the announcement of massive US investments.

Micron goes one better! The already ambitious investment plans in the USA in the coming years are being increased once again, by USD 30 billion.

This brings the memory chip manufacturer's planned investments in the USA to a total of USD 200 billion. USD 150 billion is to flow into domestic memory production and USD 50 billion is to be spent on research and development. This is expected to create around 90,000 direct and indirect jobs in the USA. 🍊US President Donald Trump will be pleased to hear this.

Second plant planned in Idaho

The additional investment of USD 30 billion will include the construction of a second state-of-the-art storage plant in Boise, Idaho, the expansion and modernization of the existing plant in Manassas, Virginia and the development of advanced packaging technology for HBM solutions, which are essential for the AI market.

In total, the following items are planned as part of the USD 200 billion investment package:

Two modern high-volume plants in Idaho

Up to four such plants in New York

Modernization of the Virginia plant

Development of advanced HBM packaging capabilities

Strong R&D activities to promote American innovation

In the future, Micron would localize 40% of its DRAM production in the US.

The goal of strengthening production at home or bringing it back to the country is precisely what 🍊US President Donald Trump had set out.

The voices of politicians and key representatives of the AI and chip industry are therefore coming thick and fast:

Sanjay Mehrotra, CEO, Micron: "This USD 200 billion will strengthen America's technological leadership and create tens of thousands of jobs."

Howard Lutnick, Secretary of Commerce: "Full memory chip production is returning to the US."

Satya Nadella, Microsoft: "An important step for innovation and competitiveness."

Jensen Huang, Nvidia: "Essential for next AI breakthroughs."

Tim Cook, Apple: "A great example of American manufacturing."

Michael Dell, Dell: "Ensures scalable storage solutions for progress."

Matt Garman, AWS: "A significant milestone for the industry."

Dr. Lisa Su, AMD: "Strengthens the supply chain at a critical time."

Cristiano Amon, Qualcomm: "Ensures innovation and resilience."

@BamBamInvest : "This is the way"

Micron share in rocket mode

Interesting for investors: With Micron, investors are also playing the AI trend, as Micron is one of three suppliers that provide HBM. This stands for High Bandwidth Memory, a new type of memory specially developed for GPUs. Competitors are SK Hynix and Samsung. However, Samsung in particular has major problems with HBM, which is why SK Hynix and Micron are currently ahead in the race.

Analysts expect that Micron will be able to increase its turnover to USD 45 billion and earnings per share by almost 60% to USD 11 in the 2025/26 financial year, which starts soon, despite massive investments. The current P/E ratios for the stock are 16 and 10.

From a technical point of view, buyers will not be able to continue at the resistance level of USD 114.80; the chip stock is also massively overbought. Consolidations towards the USD 100 mark could offer entry opportunities.

Conclusion: The Micron share has more than run hot and is in need of consolidation. In the course of the current cycle, however, my speculation is that the stock will reach new all-time highs. Stronger setbacks offer entry opportunities.

https://stock3.com/news/micron-mega-investitionen-in-den-usa-aktie-erreicht-zentrale-charthuerde-16439983

$HY9H (+7,06 %)
$MU (+5,3 %)

According to market researchers, SK Hynix has replaced Samsung as the largest DRAM manufacturer for the first time. This marks the end of Samsung's 33-year market leadership. The overtaking maneuver was made possible by the sales advantage in the coveted High Bandwidth Memory (HBM).

Since 1992, Samsung had led the global DRAM manufacturers, according to unanimous reports in the Asian media. And now it is the big competitor from the same country that is overtaking the manufacturer from South Korea. At least according to a study by market researchers at Counterpoint, which gives SK Hynix a market share of 36% of sales in the first quarter of 2025 and Samsung a market share of just 34%. Micron ranks third in this statistic with 25 percent, while the remaining 5 percent is distributed among smaller manufacturers that are not named separately.

The fact that SK Hynix was able to take the lead is attributed to a DRAM product that has enjoyed extremely high demand in recent years due to the AI boom: High Bandwidth Memory (HBM), which consists of stacked DRAM dies and is used as fast working memory on GPU-based AI accelerator cards such as Nvidia's GB200 or AMD's MI325X.

According to Business Korea, SK Hynix currently holds around 70 percent of the HBM market, which is also served by Micron (since recently) and Samsung.

Huge loss of share at Samsung

If we take the market shares calculated by TrendForce for the fourth quarter of 2024 as a benchmark, however, it is not a major gain for SK Hynix, but rather a huge drop in share from the market leader that gives SK Hynix the throne. According to TrendForce, Samsung was still at 39.3 percent at the end of last year, meaning it would now have lost a good 5 percentage points. SK Hynix was already at 36.6 percent in those statistics, so would now have lost even slightly. Micron, on the other hand, would have increased significantly from 22.4 percent to 25 percent.

The sleeping giant from China awakens

However, the biggest growth would have been among the remaining manufacturers: TrendForce cited just a total of 1.6 percent market share for the small manufacturers after Samsung, SK Hynix and Micron for the fourth quarter of 2024. However, Counterpoint now speaks of 5 percent for the "others", which would have significantly increased their share.

The extent to which the studies are comparable will become clear when TrendForce presents new figures, which may or may not confirm SK Hynix as the market leader.

However, it is also clear that there is a secret winner that is responsible for the significant growth among the small manufacturers: Chinese newcomer ChangXin Memory Technologies (CXMT) has massively increased its production capacities. There has been talk in some quarters of an increase from 70,000 wafers per month in 2022 to 200,000 wafers per month in 2024.

Chinese media even predicted a market share of up to 15% for CXMT in 2025 if the company conquers the market with the latest DDR5 and LPDDR5. TrendForce assumes a share of at least 10 percent. CXMT is therefore already likely to be the new number four among DRAM manufacturers, overtaking competitors such as Nanya and Winbond.

https://www.computerbase.de/news/arbeitsspeicher/groesster-dram-hersteller-sk-hynix-stoesst-samsung-nach-33-jahren-erstmals-vom-thron.92155/