SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wolf speed
WOLF 8.115-7.9%10:42 AM EDT
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: slacker711 who wrote (10417)8/25/2021 5:18:38 PM
From: EvanG  Read Replies (2) of 10660
 
STMicroelectronics was guiding to $450-$500 million for 2021 in their 4Q20 call. Then updated it to $550 million in 1Q21 call.

With most of growth in 2nd half, was expecting Cree guidance to be stronger because of that. The part of Malaysia that was locked down, was down for a good portion of July so perhaps that explains it.

But going from a run rate of $300 million in 4Q20 to $550 million for 2021 is a sizable wafer revenue going somewhere over the 2nd half of this year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2024 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News