Investors anticipate that AI-driven demand in foundry/logic and DRAM sectors will mitigate weaknesses seen in ICAPS. Gross margin guidance stands at 48.3%, facing challenges from tariff impacts and product mix. Management expresses a positive outlook for the second half of the fiscal year, intensifying focus on upcoming Q3 performance and visibility into Q4. Demand for leading-edge technologies, particularly in DRAM and gate-all-around workloads, remains strong, yet concerns linger over the impact of trade restrictions in China and the cyclical downturn faced by the ICAPS segment.
Management has emphasized strong visibility into leading-edge foundry and DRAM demand, especially for gate-all-around and HBM workloads, amid tariff and mix pressures.
AI-driven strength in foundry/logic and DRAM will overshadow weaknesses in ICAPS, placing significant attention on management's bullish outlook for the second half.
Gross margin guidance of 48.3% will be closely monitored for signs of sustainable improvement, reflecting market pressures from tariffs and service mix shifts.
The balance of strength versus softness is a key concern, with notable scrutiny on Q3 execution and visibility for Q4 amid strong growth areas.
Collection
[
|
...
]