Kristina Partsinevelos

#Breaking: US grants Saudi access to Nvidia's advanced chips despite prior restrictions. $NVDA CEO Huang showcased Blackwell racks for HUMAIN, a new AI firm under Saudi's sovereign wealth fund. Major policy shift for regulated tech. https://t.co/SM5FyQmLD2

“AI" is no longer the top buzzword on earnings calls. "Tariffs" now takes that crown, appearing more frequently on S&P 500 calls this quarter (89% of companies who reported earnings are discussing them per Goldman). Executive focus shifts from innovation to macro defense. https://t.co/jl2CIMUpQt

AMD CEO Lisa Su on export license requirements: Impact estimated at ~$1.5B sequentially, with "the vast majority" hitting in Q3. Timeline breakdown: Most impact in Q2-Q3, "very little in Q4" - suggesting AMD expects the headwind to largely resolve by year-end. $AMD

Kristina Partsinevelos @KristinaParts

AMD CEO Lisa Su on the Q1 call: No significant tariff-related activity boosting client business, unlike competitor Intel. Instead, AMD's strength came from a "stronger mix + strength in our overall ASPs" - pointing to premium product demand rather than inventory stockpiling $AMD

Nvidia CEO Jensen Huang warns of "tremendous loss" as export controls limit US access to China's market: "probably going to be a $50B AI market... It would be a tremendous loss not to address it as an American company." $NVDA

Chip war escalates: Nvidia blasts Anthropic over claims of AI chips smuggled in "prosthetic baby bumps" as Trump admin weighs tighter export controls. The timing couldn't be more critical with May 15 restrictions looming. $NVDA #anthropic Full story: https://t.co/uicqKqElZp

SuperMicro cuts Q3 sales and EPS guidance. In Q3, delayed customer platform decisions shifted sales to Q4, and gross margins fell from Q2 due to higher inventory reserves for older products and expedited costs for new product launches. $SMCI -16%. $DELL $HPE also falling

#Breaking: Intel Foundry announces next-gen 14A process with lead customers already engaged, as 18A hits 2025 volume manufacturing. First 16nm tape-out now in fab, with all 18A and 14A R&D and production remaining U.S.-based. No customers named in release and $INTC only 1%. https://t.co/Ksmt3FcmhQ

Cadence Design alongside STM and TSMC, reports no impact on customer behavior from tariffs: "We haven't seen any change in customers' behavior at this time, as they continue investing in R&D for their next-gen designs" $CDNS

Kristina Partsinevelos @KristinaParts

Chip earnings signal: - Texas Instruments sees customers building inventory from anxiety - STM & TSMC report no dramatic changes to customer behavior - Intel notes Q1 benefited from tariff anticipation purchases. Too early to call the all clear. $TI $INTC $TSM

$WOLF

Kristina Partsinevelos @KristinaParts

Wow. Look at the 41% short interest in Wolfspeed. $WOFL stock is up 27% today. https://t.co/1yutqvK6ib

Wow. Look at the 41% short interest in Wolfspeed. $WOFL stock is up 27% today. https://t.co/1yutqvK6ib

Chip earnings signal: - Texas Instruments sees customers building inventory from anxiety - STM & TSMC report no dramatic changes to customer behavior - Intel notes Q1 benefited from tariff anticipation purchases. Too early to call the all clear. $TI $INTC $TSM

RT @CNBC: WATCH: Mizuho Securities' Jordan Klein joins @KristinaParts to discuss which semiconductor stocks could be hardest hit by ongoing…

Intel CEO on job cuts in new memo: "This will begin in Q2 and we will move as quickly as possible over the next several months." Return to office: "we will be updating our policy to require four days per week on site by Sept. 1." $INTC

Kristina Partsinevelos @KristinaParts

#BREAKING: Intel cutting 2025 expenses by $500M amid workforce reductions. Spoke with CFO, no specific headcount target despite rumors of 20% cuts. Plans to cut 10-15 "non-core" products while maintaining foundry commitment. Sees "some pull ahead" of demand $INTC - 4% AH

#BREAKING: Intel cutting 2025 expenses by $500M amid workforce reductions. Spoke with CFO, no specific headcount target despite rumors of 20% cuts. Plans to cut 10-15 "non-core" products while maintaining foundry commitment. Sees "some pull ahead" of demand $INTC - 4% AH

$TXN CEO claims chip recovery is "real" with improvements across markets. Yet admits "customers wouldn't tell us" why they're adding inventory amid tariff reprieve. When executives can't distinguish stockpiling from genuine demand, can we trust this "bottom of cycle" narrative?