For SOI I worry about 1) yields , 2) substrate efficiency on Sipho side and 3) most revs / EBITDA still being smartphone which is likely still getting worse . Do these trouble you at all?
Great post! One correction on AOI that has some pretty major implications. The $378m is a MONTHLY revenue projection sometime mid year 2027. Not quarterly :) So now it really sounds good, dont it??
Great work -
For SOI I worry about 1) yields , 2) substrate efficiency on Sipho side and 3) most revs / EBITDA still being smartphone which is likely still getting worse . Do these trouble you at all?
Yes. I’ve sold out of most of my SOI for a 100% gain.
keeping some, mostly because the photonics part of this only plays out in a couple of years time.
Great call - I was too tepid on smartphone risk, was more than in price at 1x book
Not many cheap optics names left , even NOK is almost 30x with 20% optics
Great post! One correction on AOI that has some pretty major implications. The $378m is a MONTHLY revenue projection sometime mid year 2027. Not quarterly :) So now it really sounds good, dont it??
What about the globalwafers competition for soitec. They are building US FACTORY to produce the same wafer without soitecs ip