Joe
Full-Time Trader/Investor, Semiconductor & AI Infrastructure Inflection Points
Tower Semiconductor's 2028 guidance makes its shares attractively valued around $180 despite competition from Silith, GlobalFoundries, STMicroelectronics and others. The stock previously felt too rich to add to. x.com x.comÂ
Power semiconductors should deliver index-beating returns, though the trade is not early and the easy money was made long ago. The power-semi revenue cycle already started last year, and the ecosystem is broad enough that the whole sector should do well. STMicroelectronics and Infineon are the buys. x.comÂ
Analog and power semiconductor stocks such as ON Semiconductor, Texas Instruments and NXP are pricing far ahead of their fundamentals. Even with price hikes they are not back to 2022 revenue, yet their share prices have risen multifold. The semiconductor supercycle is lifting even these laggards. x.com x.comÂ
STMicroelectronics, onsemi, Texas Instruments and Allegro MicroSystems benefit as AI data center server ramps drive analog demand, offsetting part of continued auto weakness, per an interesting Mizuho note. Mizuho says analog lead times are rising toward 40-42+ weeks with price hikes expected around June and July, and it raised targets on STMicro, onsemi and TI. Per @sean_________ quoting Mizuho, TI plans a second price increase this year, while STMicro and Allegro raised prices about 10%. x.comÂ
Price is now confirming the rotation into analog semiconductors, one of the most overlooked chip themes, with almost all names up 20%+ in two weeks and breaking out. GPUs need analog power management, demand spans AI data centers, EVs, robotics and industrial, and pricing power is strong. Analog typically leads late in the cycle, after core semis. Texas Instruments, the favorite, and Analog Devices hold almost 30% of the market, alongside onsemi, Lattice, Microchip and Allegro. x.com x.com x.comÂ
Infineon, STMicroelectronics and NXP have little value upside left from humanoid robotics after rallying hard on the AI datacenter theme. Infineon's CEO said humanoids could eventually rival AI datacenters as a revenue opportunity, about 20% of sales, yet Infineon saw insider sales this week. Humanoids may create few real bottlenecks: about 60% of parts come from the existing auto supply chain, most value will likely accrue in China and OEMs will integrate vertically, leaving heavy competition. … Show more
Analog is back, and Texas Instruments can reach $350 or more after great earnings and guidance. The stock printed a "god candle" on the results, and the bigger the base, the higher it can go. A post the author quotes says Texas Instruments leads with a 20% share of the analog market and is attempting a five-year base breakout with strong accumulation. x.comÂ
STMicroelectronics is a hidden common thread across semiconductors, and the market is waking up to it in 2026. It turns up in silicon carbide and GaN power devices, its STM32 is effectively the MCU standard, and it leads MEMS sensor share. Its chips sit in SpaceX Starlink satellites, AWS data center infrastructure and a humanoid robot shown at NVIDIA's headquarters. A "European semiconductor" label long kept interest lukewarm, but that perception is breaking down fast. x.comÂ
Tower Semiconductor probably has little upside left, trading at 43x the $500M net profit it projects once its foundry buildout is complete and running at 85% utilization. By contrast, TSMC trades at 24x 2026 earnings. x.comÂ
If cars are becoming computers on wheels, analog chipmakers such as Texas Instruments and Analog Devices stand to sell a good chunk of the technology without bearing the still-uncertain risk of fully autonomous driving. Copart's CEO noted a new Tesla runs about 100 million lines of code, versus 30 million for an Airbus aircraft. x.comÂ