|Yikes, Q3 guidance is a disaster. Revenues declining heading into the seasonally strongest quarter of the year. Bathe only green light is theur guiding Q4 revenues to go up to $145m r so, using the middle of Q3 and Q4 guidance. Shorts seem to like SIMO, I think it's going to tank on thus news, maybe see $30?|
Hard to believe the expected Q3 revenue decline is due to tight NAND supply. But I need to see SSD and eMMC/UFS market share info to understand the cause. Have they lost design slots in SSDs? I don't know, to whom?