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 StocksSemi Equipment Analysis

Previous 10 Next 10 
To: Sam who wrote (83444)6/10/2019 5:30:16 PM
From: Sam
2 Recommendations   of 85655

Korean firms dragged into U.S.-China trade war Beijing warns officials from Samsung, SK not to bow to Washington June 11,2019|home|newslist1

Worries that Korean companies could soon be dragged into the middle of the U.S.-China trade war appear to be coming true as top chaebol start to feel the pressure from Beijing.

According to a New York Times report Saturday, the Chinese government called in major tech companies last week to warn them of “dire consequences” if they cooperate with the U.S. government’s ban on selling technology to Chinese companies. Among the tech firms were Korea’s top two chipmakers: Samsung Electronics and SK Hynix, the report said.

The meeting involved officials from China’s National Development and Reform Commission, Ministry of Commerce and Ministry of Industry and Information Technology. The New York Times wrote their presence “suggested a high level of coordination and likely approval from the very top of China’s opaque leadership structure.”

The response from Samsung Electronics and SK Hynix has been extremely cautious.

On the same day, a Samsung Electronics spokesperson said, “There is nothing we can confirm to the media,” adding that “The interpretation that Samsung would benefit from sanctions on Huawei isn’t pleasing either.”

The response was similar from SK Hynix. “There isn’t much we can say at the moment,” a spokesman said.

If the New York Times’ report is true, it will mark the realization of concerns that Korean firms will end up sandwiched between the powers in the U.S.-China trade war.

Both Samsung and SK Hynix have production facilities in China.

Samsung manufactures NAND flash chips in the city of Xi’an, western China, while Hynix has a DRAM factory in Wuxi, eastern China. Samsung’s second NAND flash factory is also under construction in Xi’an. Since last year, the Korean electronics giant has injected 7.9 trillion won ($6.7 billion) into the project. Its completion in 2020 is intended to boost Samsung’s maximum NAND flash production per month by 43 percent from the current 200,000 units to 660,000.

SK Hynix just finished expanding its Wuxi factory last April with 950 billion won of investment. Half of the chipmaker’s DRAM production comes from this site.

Apart from chips, Samsung Display supplies smartphone displays to Chinese firms while LG Innotek exports camera modules. Samsung Electro-Mechanics is a supplier of multi-layer ceramic capacitors, another core component on electric circuits.

Cutting off IT components from these companies could be a major roadblock to Chinese President Xi Jinping’s “Made in China 2025” initiative. The state-funded plan aims to put the country at the forefront of 10 tech industries like semiconductors and electric vehicles by 2025.

According to IT industry sources, China’s biggest concern is the possibility of the Donald Trump administration launching a “secondary boycott” in the global IT industry, which refers to indirectly pressuring a target by influencing other businesses. Non-American IT companies receiving penalties for doing business with Huawei would be a disaster for China.

“Chinese officials explicitly warned companies that any move to pull production from China that seemed to go beyond standard diversification for security purposes could lead to punishment,” said the New York Times in the same report, citing two anonymous sources familiar with the meetings.

On the other end, Huawei was recently reported to have sent senior executives to Korea in order to request the continuance of component supply. In urgently arranged meetings on May 23 and 24, a senior executive from Huawei’s mobile division met with executives at local tech firms like Samsung Electronics, SK Hynix and LG Display, local reports said, urging them to “undergo component supply according to original contract terms.”

Huawei’s executives also recently visited mid-sized companies as well.

Local industry watchers are worried that if Korean companies halt component supply to Huawei, Beijing will hit back with the same retaliations that brought down Lotte Mart.

In March 2017, Lotte Mart was forced to halt operations of 87 of its 99 branches across China for firearm violations. Orders came months after Lotte Group agreed on a land swap with the government as the deployment site of the U.S.-led terminal high altitude area defense antimissile system. The retailer decided last year to completely pull out of the market.

Back then the Chinese government used various administrative tools like fire regulations and hygiene laws to halt operations at Lotte Mart stores. The same could happen for Korean chipmakers if Beijing raises the same questions on hygiene and the usage of chemicals at their chip plants.

But some critics doubt the New York Times report. CNBC reported that Beijing sent a softer message to companies from third-party countries, including Korea, saying that as long as they continue transactions normally there will be no problems.


Share RecommendKeepReplyMark as Last ReadRead Replies (1)

To: Sam who wrote (83445)6/10/2019 11:12:42 PM
From: Return to Sender
   of 85655
56% Upside Volume on the NYSE - 69% Upside Volume on the NASDAQ:

Monday, June 10, 2019
Notice to readers: As of 3/3/11, Closing ARMS Index (TRIN) calculation is based on composite data. Click here for historical data prior to 3/3/11.
NYSE Latest close Previous close Week ago
Issues traded 3,051 3,045 3,052
Advances 1,782 2,189 1,936
Declines 1,165 774 1,041
Unchanged 104 82 75
New highs 208 292 100
New lows 27 46 113
Adv. volume* 409,862,279 474,399,650 720,865,775
Decl. volume* 320,656,370 227,322,739 255,365,422
Total volume* 740,455,627 727,972,804 982,133,671
Closing Arms (TRIN)† 1.16 1.37 0.72
Block trades* 5,021 4,821 5,951
Adv. volume 1,820,541,723 2,123,458,856 2,864,896,567
Decl. volume 1,380,962,638 1,031,625,860 1,101,816,070
Total volume 3,258,985,721 3,245,789,034 3,991,336,749
Nasdaq Latest close Previous close Week ago
Issues traded 3,208 3,211 3,227
Advances 2,025 2,033 1,630
Declines 1,094 1,053 1,475
Unchanged 89 125 122
New highs 120 152 58
New lows 52 111 170
Closing Arms (TRIN)† 0.80 0.59 1.08
Block trades 8,108 8,508 11,175
Adv. volume 1,426,189,445 1,550,440,878 1,292,478,523
Decl. volume 616,573,047 475,913,731 1,263,544,025
Total volume 2,052,716,534 2,064,294,413 2,583,478,305
NYSE American Latest close Previous close Week ago
Issues traded 278 281 286
Advances 140 160 150
Declines 125 107 119
Unchanged 13 14 17
New highs 10 10 10
New lows 5 6 10
Adv. volume* 11,339,481 6,280,431 6,802,759
Decl. volume* 5,337,115 3,314,708 4,250,620
Total volume* 16,804,223 10,038,133 12,319,415
Closing Arms (TRIN)† 0.59 0.75 0.56
Block trades* 158 122 120
Adv. volume 90,097,843 58,545,255 67,691,795
Decl. volume 47,114,179 29,227,772 30,049,264
Total volume 137,863,957 91,757,856 106,828,203
NYSE Arca Latest close Previous close Week ago
Issues traded 1,586 1,588 1,583
Advances 1,072 1,349 1,118
Declines 493 231 451
Unchanged 21 8 14
New highs 59 168 95
New lows 8 14 41
Adv. volume* 132,750,180 188,287,087 264,565,077
Decl. volume* 90,591,580 41,855,346 74,366,897
Total volume* 224,527,511 234,756,771 340,241,179
Closing Arms (TRIN)† 1.26 1.48 0.87
Block trades* 1,067 1,397 1,582
Adv. volume 655,830,331 869,693,528 1,203,551,022
Decl. volume 378,693,576 219,827,209 424,263,063
Total volume 1,042,901,936 1,111,141,686 1,636,017,227

*Primary market NYSE, NYSE American or NYSE Arca only. †Compares the ratio of advancing to declining issues with the ratio of volume of shares rising and falling. Arms Index or TRIN = (advancing issues / declining issues) / (composite volume of advancing issues / composite volume of declining issues.) Generally, an Arms of less than 1.00 indicates buying demand; above 1.00 indicates selling pressure.

Share RecommendKeepReplyMark as Last Read

To: Return to Sender who wrote (83440)6/11/2019 4:32:20 PM
From: Return to Sender
4 Recommendations   of 85655
BPNDX rises 1 to 60 - [NTAP added]

Jun 11

Symbol Symbol


Share RecommendKeepReplyMark as Last ReadRead Replies (1)

To: Return to Sender who wrote (83441)6/11/2019 4:35:22 PM
From: Return to Sender
1 Recommendation   of 85655
BPSOX unchanged at 15

Jun 11


Share RecommendKeepReplyMark as Last ReadRead Replies (2)

To: Return to Sender who wrote (83448)6/11/2019 4:46:53 PM
From: Return to Sender
3 Recommendations   of 85655
18 New 52 Week Highs on the NDX - No New 52 Week Lows for Tuesday June 11, 2019

New Highs

Share RecommendKeepReplyMark as Last ReadRead Replies (1)

To: Return to Sender who wrote (83449)6/11/2019 4:49:11 PM
From: Return to Sender
1 Recommendation   of 85655
Stock market snaps winning streak in tired session
11-Jun-19 16:20 ET
Dow -14.17 at 26048.51, Nasdaq -0.60 at 7822.55, S&P -1.01 at 2885.72

[BRIEFING.COM] The stock market finished slightly lower on Tuesday, with declines ranging from 0.01% (Nasdaq Composite) to 0.3% (Russell 2000). The S&P 500 jumped out to a 0.8% gain out of the gate, but a lack of general buying conviction after a lengthy rally helped snap its winning streak. The S&P 500 declined 0.03%.

In a day where there were no new catalysts to meaningfully sustain another move higher, the stock market traded in a tight range after giving up its early lead. The fact that the S&P 500 was up as much as 6.1% today from its June 3 low, also contributed to some sluggishness and the lack of conviction.

Supportive considerations for the market remained expectations for the Fed to signal a rate cut (or two) at its policy meeting next week and optimism that the U.S. and China can still strike a trade deal. Some of that trade optimism could be reined in, though, if new stimulus measures announced by China on Tuesday boost its economy to a position where Beijing feels it has the upper hand in trade negotiations with the U.S.

Most of the S&P 500 sectors finished near their unchanged marks. The consumer staples (+0.4%), consumer discretionary (+0.3%), and communication services (+0.3%) sectors outperformed the broader market. Facebook (FB 178.10, +3.28) was a notable gainer, advancing 1.9% after the stock was upgraded to Buy from Neutral at MoffettNathanson.

The S&P 500 utilities (-0.7%) and industrials (-0.9%) sectors were Tuesday's laggards. The underperformance in the aerospace-and-defense stocks contributed to the weakness in the industrial sector after a Wall Street Journal report suggested Pentagon spending may slow down. The iShares Dow Jones US Aerospace & Defense ETF (ITA 205.79, -4.87) lost 2.3%

Separately, shares of Beyond Meat (BYND 126.04, -42.06) were humbled, losing 25.0% after the stock was downgraded to Neutral from Overweight at JP Morgan with a price target of $121.

U.S. Treasuries also finished the session mixed. The 2-yr yield increased three basis points to 1.93%, and the 10-yr yield finished flat at 2.14%. The U.S. Dollar Index declined 0.1% to 96.70. WTI crude increased 0.1% to $53.34/bbl.

Reviewing Tuesday's economic data, which included the Producer Price Index for May and the NFIB Small Business Optimism Index for May:

  • The Producer Price Index for final demand increased 0.1% ( consensus +0.1%) while the index for final demand, less food and energy, increased 0.2% ( consensus +0.2%). The expected readings left the yr/yr changes at 1.8% and 2.3%, respectively, versus 2.2% and 2.4% in April.
    • The key takeaway from the report is that the moderation in producer price inflation should jump out in the market's mind as another data point validating an eventual rate cut by the Fed.
  • The NFIB Small Business Optimisms Index for May increased to 105.0 from 103.5 in April.
Looking ahead, investors will receive the Consumer Price Index for May, the weekly MBA Mortgage Applications Index, and the Treasury Budget for May on Wednesday.

  • Nasdaq Composite +17.9% YTD
  • S&P 500 +15.1% YTD
  • Russell 2000 +12.7% YTD
  • Dow Jones Industrial Average +11.7% YTD

Share RecommendKeepReplyMark as Last Read

From: FUBHO6/11/2019 8:29:29 PM
1 Recommendation   of 85655
Cray, AMD to Extend DOE's Exascale Frontier
By Tiffany Trader

Cray and AMD are coming back to Oak Ridge National Laboratory to partner on the world’s largest and most expensive supercomputer. The Department of Energy’s Oak Ridge National Laboratory has selected American HPC company Cray–and its technology partner AMD–to provide the lab with its first exascale supercomputer for 2021 deployment.

The $600 million award marks the first system announcement to come out of the second CORAL (Collaboration of Oak Ridge, Argonne and Livermore) procurement process ( CORAL-2). Poised to deliver “greater than 1.5 exaflops of HPC and AI processing performance,” Frontier (ORNL-5) will be based on Cray’s new Shasta architecture and Slingshot interconnect and will feature future-generation AMD Epyc CPUs and Radeon Instinct GPUs.

In a media briefing ahead of today’s announcement at Oak Ridge, the partners revealed that Frontier will span more than 100 Shasta supercomputer cabinets, each supporting 300 kilowatts of computing. Single-socket nodes will consist of one CPU and four GPUs, connected by AMD’s custom high bandwidth, low latency coherent Infinity fabric.

Oak Ridge Director Thomas Zacharia indicated that 40 MW of power, the maximum power draw set out in the CORAL-2 RFP, would be available for Frontier.

“Cray’s Slingshot system interconnect ties together this massive supercomputer and a new system software stack fuses the best of high performance computing and cloud capabilities,” said Cray CEO Pete Ungaro. “We worked together with AMD to design a new high density heterogeneous computing blade for Shasta and new programming environment for this new CPU-GPU node.”

Frontier will use a custom AMD Epyc processor based on a future generation of AMD’s Zen cores (beyond Rome and Milan). “[The future-gen Epycs] will have additional instructions in the microarchitecture as well as in the architecture itself for both optimization of AI as well as supercomputing workloads,” said AMD CEO Lisa Su, adding that the new Radeon Instinct GPU incorporates “extensive optimization for the AI and the computing performance, [with] mixed-precision operations for optimum deep learning performance, and high bandwidth memory for the best latency.”

The CPU and GPUs will be linked by AMD’s new coherent Infinity fabric and each GPU will be able to talk directly to the Slingshot network, enabling each node “to get the optimum performance for both supercomputing as well as AI,” said Su. All these components were designed for Frontier but will be available to enterprise applications after the system debuts, according to AMD.

Frontier marks a return for Cray and AMD to Oak Ridge, home to another Cray-AMD system, Titan. Benchmarked at 17.6 Linpack petaflops, Titan was the number one system in the world when it debuted (as an upgrade to Jaguar) in 2012. With Titan set to be decommissioned on August 1, 2019, and Frontier scheduled to be deployed in the back half of 2021 and accepted in 2022, Oak Ridge won’t be without a Cray-AMD machine for too long. While Titan used AMD (Opteron) CPUs and Nvidia (K20X) GPUS, Frontier will rely on AMD for all its in-node processing elements.

Frontier is Oak Ridge’s third machine to use a heterogeneous design. In addition to the aforementioned Titan, Oak Ridge is of course home to Summit, which became the world’s fastest supercomputer in June 2018. Its 143.5 GPU-accelerated Linpack petaflops are owed to 9,216 Power9 22-core CPUs and 27,648 Nvidia Tesla V100 GPUs.

“Since Titan, Oak Ridge has pioneered this idea of having GPU accelerators along with CPUs,” said Zacharia. “Frontier will be the third generation of supercomputing system built around this architecture and it will be the second generation AI machine.”

Frontier will be used for future application simulations for quantum computers, nuclear energy systems, fusion reactors, and precision medicines, said Zacharia, adding “Frontier finally gets us to the point where we can actually design new materials.”

“We are approaching a revolution in how we can design and analyze materials,” said Tom Evans, Oak Ridge National Laboratory technical lead for the Energy Applications Focus Area, Exascale Computing Project. “We can look and carefully characterize the electronic structure of fairly simple atoms and very simple molecules right now. But with exascale computing on Frontier, we’re trying to stretch that to molecules that consist of thousands of atoms. The more we understand about the electronic structure, the more we’re able to actually manufacture and use exotic materials for things like very small, high tensile strength materials and buildings to make them more energy efficient. At the end of the day, everything in some sense comes down to materials.”

AMD’s Forrest Norrod and Cray’s Pete Ungaro on stage at AMD’s Next Horizon event in November 2018.In terms of number-one system bragging rights, the DOE has previously stated, and recently confirmed, that Aurora (aka Aurora21, the revised CORAL-1 system that Intel is contracted to deliver to Argonne) is on track to be the United States’, and possibly the world’s, first exascale system in 2021; and since that messaging has not changed, we believe it is the intention of the DOE to deliver on that goal. However, even if it is the case that Intel keeps to its timeline and Aurora is deployed and benchmarked first, Frontier is slated to be stood up on a very similar timeline and according to publicly stated performance goals will provide roughly 50 percent more flops capability.

Asked to comment on the “competitive” timelines for Frontier and Aurora, Zacharia said he could only comment on Frontier.

“I don’t know all the details of Aurora procurement because that information has not been publicly released, but we do know that Frontier will be the largest system by far that the DOE has procured,” he said.

“We know that Oak Ridge has experience with Summit and Titan previously in using CPU-GPU systems. We also know that the pre-exascale system that the scientific community is using today to develop all their applications and system software is on our system Summit, which is the largest machine available to anybody…. If there is any competition between the labs, it’s just competition for ideas, which is what scientists should do, but otherwise this is truly a DOE lab system effort to ensure the United States maintains the forefront of this important technology, not only because it drives technology innovation in the IT computing space but it also drives economic competition and creates jobs.”

Zacharia further cited that the goals for Frontier are aligned and consistent with the White House AI initiative as well as the National Council on American Workers, which is creating new jobs using AI and scientific computing in manufacturing and other spaces.

As for that $600-million-plus price tag, it is “by far the most expensive single machine that [the DOE has] ever procured,” said Zacharia. It’s also Cray’s largest contract ever.

The total amount includes the system build contract for “over $500 million,” as well as the development contract for “over $100 million” that will, according to Ungaro, be used to develop some of the core technologies for the machine, as well as a new programming environment that will enhance GPU programmability via extensions for Radeon Open Compute Platform (ROCm).

“The Cray Programming Environment (Cray PE)…will see a number of enhancements for increased functionality and scale,” said Cray. “This will start with Cray working with AMD to enhance these tools for optimized GPU scaling with extensions for Radeon Open Compute Platform (ROCm). These software enhancements will leverage low-level integrations of AMD ROCmRDMA technology with Cray Slingshot to enable direct communication between the Slingshot NIC to read and write data directly to GPU memory for higher application performance.”

To support the converged use of analytics, AI, and HPC at extreme scale, “Cray PE will be integrated with a full machine learning software stack with support for the most popular tools and frameworks.”

Shasta cabinet detailFrontier marks Cray’s third major contract award for the Shasta architecture and Slingshot interconnect. Previous awards were for the National Energy Research Scientific Computing Center’s NERSC-9 pre-exascale Perlmutter system (with partners AMD and Nvidia) and the Argonne National Laboratory’s Aurora exascale system (with Intel as the prime).

Frontier is the first CORAL-2 award, announced nearly 13 months after the RFP was released. As laid out in the program’s RFP, CORAL-2 seeks to fund up to three exascale-class systems: Frontier at Oak Ridge, El Capitan at Livermore and a potential third system at Argonne if the lab chooses to make an award under the RFP and if funding is available. Like the original CORAL program, which kicked off in 2012, CORAL-2 has a mandate to field architecturally diverse machines in a way that manages risk during a period of rapid technological evolution. The stipulation indicates that “the systems residing at or planned to reside at ORNL and ANL must be diverse from one another,” however the program allows Oak Ridge and Livermore labs to employ the same architecture if they choose to do so, as in the case of Summit and Sierra, which employ very similar IBM-Nvidia architectures.

The CORAL-2 effort is part of the U.S. Exascale Computing Initiative. The ECI has two components: one is the hardware delivery and the other is application readiness. The latter is the domain of the Exascale Computing Project ( see HPCwire‘s recent coverage to read about the latest progress), which is investing $1.7 billion to ensure there’s an exascale-ready software ecosystem to get the most from exascale hardware when it arrives.

“ECP Software Technology is excited to be a part of preparing the software stack for Frontier,” said Sandia’s Mike Heroux, director of software technology for the Exascale Computing Project. “We are already on our way, using Summit and Sierra as launching pads. Working with [Oak Ridge Leadership Computing Facility], Cray, and AMD, we look forward to providing the programming environments and tools, and math, data and visualization libraries that will unlock the potential of Frontier for producing the countless scientific achievements we expect from such a powerful system. We are privileged to be part of the effort.”

ORNL’s Center for Accelerated Application Readiness is accepting proposals from scientists to prepare their codes to run on Frontier. Check with the Frontier website for additional information.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)

To: FUBHO who wrote (83451)6/11/2019 9:34:58 PM
From: Sam
2 Recommendations   of 85655
Exclusive: Top Japanese chip gear firm to honor U.S. blacklist of Chinese firms - executive
Makiko Yamazaki

TOKYO (Reuters) - Japan's Tokyo Electron, the world's No.3 supplier of semiconductor manufacturing equipment, will not supply to Chinese clients blacklisted by Washington, a senior company executive told Reuters.

The decision shows how Washington's effort to bar sales of technology to Chinese firms, including Huawei Technologies, is ensnaring non-American firms that are not obliged to follow U.S. law.

China, which is locked in a crippling trade war with the United States, is pushing to build its semiconductor industry to reduce its reliance on U.S., Japanese and European suppliers for chip-making machinery.

"We would not do businesses with Chinese clients with whom Applied Materials and Lam Research are barred from doing businesses," the executive said, referring to the top U.S. chip equipment firms.

"It's crucial for us that the U.S. government and industry see us as a fair company," he said, citing Tokyo Electron's long U.S. partnership since the 1960s, when it started off as an importer of U.S. equipment.

He did not want to be named given the sensitivity of the matter. Applied Materials and Lam Research declined to comment.

Another major Japanese chip equipment supplier is also considering halting shipments to blacklisted Chinese firms, a person familiar with the matter said.

"The issue is beyond something we can decide on our own," said the person, who also declined to be identified.

Executives at other equipment suppliers said they were communicating closely with the Japanese industry ministry.

Share RecommendKeepReplyMark as Last Read

From: Elroy6/12/2019 5:42:41 AM
1 Recommendation   of 85655
I recall the previous forecast was that NAND flash prices would decline by about 10% in Q2.

According to the China Flash web site

the price of the 256GB TLC NAND chip has declined from $2.10 per chip to $1.86 today.

So with a few weeks to go in the quarter, it has done a bit worse than 10% decline.

Q2 guidance gonna be interesting!

Share RecommendKeepReplyMark as Last ReadRead Replies (1)

To: Elroy who wrote (83453)6/12/2019 6:01:58 AM
From: w0z
2 Recommendations   of 85655
NAND flash prices would decline by about 10% in Q2

1.86/2.10 is -11.4%, which seems close to the "about 10%" forecast.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)
Previous 10 Next 10