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Technology Stocks : Cree Inc.

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From: slacker7118/17/2021 7:16:43 PM
1 Recommendation

Recommended By
OldAIMGuy

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Another earnings report.

Margins still suck.

Demand continues to inflect higher (capacity constrained in FY'22).

$1 billion in design ins in the quarter and $2.9 billion in the last year.

They are going to spend a billion dollars in capex total in fiscal years '21 and '22. That was supposed to be their expenditures over five years.

Market clearly in show-me mode.

investor.cree.com
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