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Silicon Motion's new products are taking off and driving another blowout quarter. It remains a solid core holding, though it is a bit expensive after the rally; dips below $200 would be an opportunity to add. x.comÂ
Silicon Motion looks cheap for its forward growth after crushing earnings. Hedgeye, which counts it among its top long ideas, says its guidance beat Bloomberg consensus by 23 percentage points and calls it a relatively unknown storage play that should be more resilient in the volatile memory cycle. x.comÂ
Silicon Motion, which makes the controller chips that manage how data moves, reads and writes inside flash memory, is holding its quarterly moving averages on the weekly chart. Nvidia's earnings should start the next leg up in it and similar names. x.comÂ
Silicon Motion's merchant-controller moat is widening, making it one of the cleanest growth-at-a-reasonable-price semiconductor plays. Gross margins held near 46.5%, insulated from NAND spot swings, and Edge AI is speeding a shift to higher-priced PCIe Gen5 and UFS 4.0 controllers. Enterprise SSD wins are on schedule, and NAND makers moving capex to HBM are cutting controller R&D, handing SKUs to Silicon Motion. It trades near 15 times ex-cash forward earnings with no debt. x.comÂ
Silicon Motion, a pure-play NAND controller maker, benefits as NAND heads to the moon, and the stock has doubled in three months. Even @jukan05, who had dismissed NAND controller stocks, now says they could benefit more than expected. x.com x.comÂ
Silicon Motion is an underappreciated beneficiary of Micron's capex through its flash controllers and AI boot drives, which grew 1,600% last quarter. It raised $1B of 0% convertible debt to buy NAND for the boot drives, locking in prices, and the drives are going into data-center racks and sampling with Google. Lower oil and yields would help; with the 30-year yield at 6%, financing everything would be tough. x.comÂ
Silicon Motion sells the NAND controller nobody can design around, as wafer output is allocated into 2027 and every die needs one. Qualification with Micron, SK hynix and hyperscalers takes years per socket, so won share moves slowly, though Phison and in-house teams fight for each design. Latest-quarter revenue grew 127% with 48% gross and 22% operating margins, net cash and a 0.70 PEG at 14.9x forward. The risk: top-five customers dominate revenue and NAND is brutally cyclical. x.comÂ
Semiconductor stocks have formed a base, with the bullish ribbon on the daily chart continuing to widen alongside steady whale accumulation, now at 70.2%. x.comÂ
Semiconductors have a window to keep rising into the end of September, though this is repair, not a new era. A week ago almost nothing in the complex was above its short-term averages; now nearly everything is, and semis jumped from the bottom third to the top five of a breadth-weighted sector leaderboard as money left defensives. The macro regime flipped to risk-on mid-move. But no name is at a new high, and fading daily liquidity points to October chop and a real cooloff by mid-month. x.com … Show more
Semiconductor stocks have not priced in a record wave of AI chip demand. Taiwan chip exports jumped over 20% in a single month and demand is 30% above three months earlier, the biggest in history, while Korea is also seeing record semiconductor demand, up 30% on mid-2026. A step change in demand comes while semis are still cheaper than before the AI boom. x.com x.com x.com x.comÂ