News

Golden Ten Data reported on June 30 that, according to the latest survey by TrendForce, with the continued rise in demand for AI Servers, General Purpose Servers, and Edge AI peripherals, wafer foundry capacity allocation has obviously shifted towards AI-related products, accelerating the transformation of the supply and demand structure for mature process technologies. The 8-inch process has benefited from an increase in AI-related Power orders and production cuts by TSMC and Samsung, resulting in a strong increase in capacity utilization and foundry prices. For the 12-inch mature process, TSMC's production reduction is expected to drive a medium- to long-term order reshuffling; in addition, strong Power IC orders of 55nm and above are leading Taiwan-based foundries to reduce production of High Voltage (HV) processes and orders to flow to mainland China’s supply chain. Factors such as the incremental crowding-out effect of new AI-related applications and raw material inflation are creating an atmosphere of price hikes for 12-inch mature process foundry services, with the price surge expected to extend to 2027.

BlockBeats News, June 30th, Bernstein analyst Mark Newman raised the company's price target for SNDK from $1700 to $3000 and maintained an "Outperform" rating on the stock. The company noted that the new Long-Term Agreements (LTAs) are different from the old agreements, as the old LTAs were customer-biased, while the new LTAs have fixed or range-bound prices, including prepayment commitments to lock in customers and protect downside risks, with longer terms. According to the data provided by the company, the company estimates the floor price in SanDisk's recent signed LAs to be 29 cents per GB, significantly lower than Micron's floor price in the second quarter, the analyst said in a research report to investors.

Jinse Finance reported that on June 30, European Central Bank governing council member Olaf Sleijpen stated that the level of inflationary shock caused by the Iran war remains unclear, and policymakers will respond based on subsequent data. In an interview with Bloomberg TV’s Francine Lacqua in Sintra, Portugal, the Dutch official said that although energy costs have already fallen, uncertainty still remains. The European Central Bank is holding its annual forum locally. “From an inflation perspective, the decline in oil prices is certainly good news,” he said on Tuesday. “But what will happen in the future remains to be seen.” Policymakers are examining how US-Iran peace talks and the drop in energy prices might affect euro inflation. This month, the European Central Bank raised interest rates for the first time since 2023, and the market expects another 25 basis points increase before the end of the year.