Broadcom CEO says demand is 'real' as chip orders flood in

70
24
Favorite

Broadcom CEO says demand is 'real' as chip orders flood in

The Straits Times2021-03-05

NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（24）

KHYAP
·2021-03-05
Up
Reply
1
Report
Wallstrtbets
·2021-03-05
Shortage coming.
Reply
Like
Report
Zarkness
·2021-03-05
Order coming in, good for chip makers!
Reply
Like
Report
MrPoh
·2021-03-05
Buy buy
Reply
2
Report
raidou
·2021-03-05
Help to like and comment please, thanks!
Reply
2
Report
Conanteh
·2021-03-05
Hi
Reply
1
Report
ValAly
·2021-03-05
Buy!!!
Reply
3
Report
Fold Replies
- T20211126001:
  Yea yes
  2021-03-05
  Reply
  Report
- Xkuanx:
  Yes Can start to accumuLate
  2021-03-05
  Reply
  Report
Couragesther
·2021-03-05
Help like and comment please
Reply
1
Report
Fold Replies
- Couragesther:
  Waiting for it to drOp more
  2021-03-05
  Reply
  Report
- ValAly:
  Buy!!
  2021-03-05
  Reply
  Report
Garylim
·2021-03-05
Buy the dip!
Reply
3
Report
WYCKOFFPRO
·2021-03-05
$Broadcom(AVGO)$has built a huge causes and currently in its markup phase. Yet the sell off in tech now will potentially see a longer reaccumulation.
Reply
4
Report
Fold Replies
- IcySilver:
  Macro market sentiment is holding back the move
  2021-03-05
  Reply
  Report
- IcySilver:
  Only time can tell. But could also mean the upward move will be stronger
  2021-03-05
  Reply
  Report
JLX
·2021-03-05
Buy buy buy
Reply
3
Report
Fold Replies
- MrPoh:
  600usd target proce
  2021-03-05
  Reply
  Report
KinKat
·2021-03-05
During times of supply shortages (which is what's happening now in the Semicon industry), suppliers will go into allocation mode (how they allocate "fairly" to all their long-term customers without badly damaging this long term relationship).One trick which the buyers will likely use is to hype up their forecasts so that they'll still get enough even if for eg. they're only allocated 80% of their forecasts.That's why the projected demand most likely may not be 'real'.
Reply
4
Report
Fold Replies
- Shermantanjs:
  Agreeed
  2021-03-05
  Reply
  Report
JFK
·2021-03-05
Please help to comment and like. Have a nice weekend.
Reply
1
Report
belnar
·2021-03-05
Interesting
Reply
Like
Report
nihaomao
·2021-03-05
Wow that’s great
Reply
Like
Report
JinJie
·2021-03-05
Buy buy buy
Reply
3
Report
buckethead
·2021-03-05
Potato chips
Reply
7
Report
Fold Replies
- buckethead:
  [吃瓜]
  2021-03-06
  Reply
  Report
- nihaomao:
  Chips
  2021-03-05
  Reply
  Report
WhiteField
·2021-03-05
Like my comment
Reply
2
Report
Fold Replies
- buckethead:
  ok, done
  2021-03-05
  Reply
  Report
WhiteField
·2021-03-05
Buy!
Reply
2
Report
Joker_Smile
·2021-03-05
Give a like and a comment? Thank u.
Reply
4
Report
Fold Replies
- WhiteField:
  Help me too
  2021-03-05
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2117850095?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-05 09:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2117850095","market":"sg","top_or_hot":-1,"title":"Broadcom CEO says demand is 'real' as chip orders flood in","media":"The Straits Times","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Source Link</a>\n\n</div>\n","source":"straits_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","article_id":"2117850095","we_media_id":null,"thumbnails":[],"rights":{"source":"straits_highlight","url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","pubTimestamp":1614906992,"sourceInfo":{"source_id":"straits_highlight","name":"Straits Times"},"weMediaInfo":null,"summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","collect":0,"end_time":0,"defaultTopTitle":"straitstimes.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"博通首席执行长说，随着芯片订单大量涌入，需求是“真实的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":367856689,"gmtCreate":1614937923341,"gmtModify":1704777185905,"author":{"id":"3562150941808297","authorId":"3562150941808297","name":"KHYAP","avatar":"https://static.tigerbbs.com/134bef1736613cccadcb5091adcc32aa","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367856689","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367125839,"gmtCreate":1614924651621,"gmtModify":1704777042399,"author":{"id":"3566244878628904","authorId":"3566244878628904","name":"Wallstrtbets","avatar":"https://static.tigerbbs.com/6c38bbee1121ea92508ad9508fa15c5e","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Shortage coming.","listText":"Shortage coming.","text":"Shortage coming.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367125839","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367120038,"gmtCreate":1614923686924,"gmtModify":1704777031630,"author":{"id":"3572916667219493","authorId":"3572916667219493","name":"Zarkness","avatar":"https://static.tigerbbs.com/4b8c61830c4883c4232aece921d89d14","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0},"htmlText":"Order coming in, good for chip makers!","listText":"Order coming in, good for chip makers!","text":"Order coming in, good for chip makers!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367120038","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367163731,"gmtCreate":1614922278723,"gmtModify":1704777022027,"author":{"id":"3572523815480754","authorId":"3572523815480754","name":"MrPoh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Buy buy","listText":"Buy buy","text":"Buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367163731","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367118465,"gmtCreate":1614919720757,"gmtModify":1704776997298,"author":{"id":"3572914809308233","authorId":"3572914809308233","name":"raidou","avatar":"https://static.tigerbbs.com/d897c7c5c5ab650d7cee80180e68677f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Help to like and comment please, thanks!&nbsp;","listText":"Help to like and comment please, thanks!&nbsp;","text":"Help to like and comment please, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367118465","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367137235,"gmtCreate":1614919076027,"gmtModify":1704776990481,"author":{"id":"3573646223640101","authorId":"3573646223640101","name":"Conanteh","avatar":"https://static.tigerbbs.com/6357f83cdbdcf024fd2ee7e4dad0f2db","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367137235","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367139221,"gmtCreate":1614918217263,"gmtModify":1704776979395,"author":{"id":"3562707747643111","authorId":"3562707747643111","name":"ValAly","avatar":"https://static.tigerbbs.com/9d97b7d80605b322b36bcb7e5b0dff4f","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Buy!!!&nbsp;","listText":"Buy!!!&nbsp;","text":"Buy!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/367139221","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3720965,"gmtCreate":1614918563154,"gmtModify":1680779237793,"authorId":3575955563694893,"author":{"id":3575955563694893,"authorId":3575955563694893,"name":"T20211126001","avatar":"https://static.tigerbbs.com/42cf33544f719c12b3a2aa7e6bd084b1","vip":1,"crmLevel":9,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367139221,"type":1,"supId":0,"prevId":0,"content":"Yea yes","text":"Yea yes","html":"Yea yes"},{"id":3720953,"gmtCreate":1614918412816,"gmtModify":1680779237272,"authorId":3572907325602131,"author":{"id":3572907325602131,"authorId":3572907325602131,"name":"Xkuanx","avatar":"https://static.tigerbbs.com/e90936aad3336fa7f5cc5bc70cbab1fc","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367139221,"type":1,"supId":0,"prevId":0,"content":"Yes Can start to accumuLate ","text":"Yes Can start to accumuLate ","html":"Yes Can start to accumuLate "}],"langContent":"EN"},{"id":367130401,"gmtCreate":1614918142103,"gmtModify":1704776978747,"author":{"id":"3557433279201512","authorId":"3557433279201512","name":"Couragesther","avatar":"https://static.tigerbbs.com/fb776fde22322bb11f3651d216a6b06e","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Help like and comment please","listText":"Help like and comment please","text":"Help like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/367130401","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3720951,"gmtCreate":1614918387757,"gmtModify":1680779238421,"authorId":3557433279201512,"author":{"id":3557433279201512,"authorId":3557433279201512,"name":"Couragesther","avatar":"https://static.tigerbbs.com/fb776fde22322bb11f3651d216a6b06e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367130401,"type":1,"supId":3720931,"prevId":0,"content":"Waiting for it to drOp more","text":"Waiting for it to drOp more","html":"Waiting for it to drOp more"},{"id":3720931,"gmtCreate":1614918246455,"gmtModify":1680779236618,"authorId":3562707747643111,"author":{"id":3562707747643111,"authorId":3562707747643111,"name":"ValAly","avatar":"https://static.tigerbbs.com/9d97b7d80605b322b36bcb7e5b0dff4f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367130401,"type":1,"supId":0,"prevId":0,"content":"Buy!! ","text":"Buy!! ","html":"Buy!! "}],"langContent":"EN"},{"id":367195853,"gmtCreate":1614917771272,"gmtModify":1704776973391,"author":{"id":"3561160643943169","authorId":"3561160643943169","name":"Garylim","avatar":"https://static.tigerbbs.com/bd59425788f704785560474bfb38a5ba","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":5,"crmLevelSwitch":0},"htmlText":"Buy the dip!","listText":"Buy the dip!","text":"Buy the dip!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367195853","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367193819,"gmtCreate":1614917090231,"gmtModify":1704776965248,"author":{"id":"3574982782498607","authorId":"3574982782498607","name":"WYCKOFFPRO","avatar":"https://static.tigerbbs.com/e6df9a333ebef85a0ceac10611fda7c0","vip":2,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"<a href=\"https://laohu8.com/S/AVGO\">$Broadcom(AVGO)$</a>has built a huge causes and currently in its markup phase. Yet the sell off in tech now will potentially see a longer reaccumulation.","listText":"<a href=\"https://laohu8.com/S/AVGO\">$Broadcom(AVGO)$</a>has built a huge causes and currently in its markup phase. Yet the sell off in tech now will potentially see a longer reaccumulation.","text":"$Broadcom(AVGO)$has built a huge causes and currently in its markup phase. Yet the sell off in tech now will potentially see a longer reaccumulation.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/367193819","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3722934,"gmtCreate":1614938790004,"gmtModify":1680779263256,"authorId":3574577404599862,"author":{"id":3574577404599862,"authorId":3574577404599862,"name":"IcySilver","avatar":"https://static.tigerbbs.com/484d3b69652c2ca3d6cd65bc1007a60b","vip":2,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367193819,"type":1,"supId":0,"prevId":0,"content":"Macro market sentiment is holding back the move ","text":"Macro market sentiment is holding back the move ","html":"Macro market sentiment is holding back the move "},{"id":3722955,"gmtCreate":1614938893567,"gmtModify":1680779262427,"authorId":3574577404599862,"author":{"id":3574577404599862,"authorId":3574577404599862,"name":"IcySilver","avatar":"https://static.tigerbbs.com/484d3b69652c2ca3d6cd65bc1007a60b","vip":2,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367193819,"type":1,"supId":0,"prevId":0,"content":"Only time can tell. But could also mean the upward move will be stronger","text":"Only time can tell. But could also mean the upward move will be stronger","html":"Only time can tell. But could also mean the upward move will be stronger"}],"langContent":"EN"},{"id":367104195,"gmtCreate":1614916651417,"gmtModify":1704776959412,"author":{"id":"3575719904277494","authorId":"3575719904277494","name":"JLX","avatar":"https://static.tigerbbs.com/8b2b82874072af259f37b9124bc903b7","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367104195","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3721262,"gmtCreate":1614922257892,"gmtModify":1680779241988,"authorId":3572523815480754,"author":{"id":3572523815480754,"authorId":3572523815480754,"name":"MrPoh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367104195,"type":1,"supId":0,"prevId":0,"content":"600usd target proce","text":"600usd target proce","html":"600usd target proce"}],"langContent":"EN"},{"id":367371867,"gmtCreate":1614915063259,"gmtModify":1704776938950,"author":{"id":"3577917165320806","authorId":"3577917165320806","name":"KinKat","avatar":"https://community-static.tradeup.com/news/303a11363633244c53e6b67003899c74","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"During times of supply shortages (which is what's happening now in the Semicon industry), suppliers will go into allocation mode (how they allocate \"fairly\" to all their long-term customers without badly damaging this long term relationship).One trick which the buyers will likely use is to hype up their forecasts so that they'll still get enough even if for eg. they're only allocated 80% of their forecasts.That's why the projected demand most likely may not&nbsp;be 'real'.","listText":"During times of supply shortages (which is what's happening now in the Semicon industry), suppliers will go into allocation mode (how they allocate \"fairly\" to all their long-term customers without badly damaging this long term relationship).One trick which the buyers will likely use is to hype up their forecasts so that they'll still get enough even if for eg. they're only allocated 80% of their forecasts.That's why the projected demand most likely may not&nbsp;be 'real'.","text":"During times of supply shortages (which is what's happening now in the Semicon industry), suppliers will go into allocation mode (how they allocate \"fairly\" to all their long-term customers without badly damaging this long term relationship).One trick which the buyers will likely use is to hype up their forecasts so that they'll still get enough even if for eg. they're only allocated 80% of their forecasts.That's why the projected demand most likely may not be 'real'.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367371867","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3720925,"gmtCreate":1614918218652,"gmtModify":1680779238048,"authorId":3573199933512445,"author":{"id":3573199933512445,"authorId":3573199933512445,"name":"Shermantanjs","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367371867,"type":1,"supId":0,"prevId":0,"content":"Agreeed","text":"Agreeed","html":"Agreeed"}],"langContent":"EN"},{"id":367344532,"gmtCreate":1614914616826,"gmtModify":1704776932900,"author":{"id":"3567221235003553","authorId":"3567221235003553","name":"JFK","avatar":"https://community-static.tradeup.com/news/a1bbdd2674af7d3373d9670005210691","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Please help to comment and like. Have a nice weekend.&nbsp;","listText":"Please help to comment and like. Have a nice weekend.&nbsp;","text":"Please help to comment and like. Have a nice weekend.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367344532","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367345117,"gmtCreate":1614914441539,"gmtModify":1704776930944,"author":{"id":"3577505254969148","authorId":"3577505254969148","name":"belnar","avatar":"https://static.tigerbbs.com/a1808dd03c43d44bda566fa8ba911a80","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367345117","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367359473,"gmtCreate":1614912867492,"gmtModify":1704776910804,"author":{"id":"3576973686770601","authorId":"3576973686770601","name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Wow that’s great","listText":"Wow that’s great","text":"Wow that’s great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367359473","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367324874,"gmtCreate":1614912541598,"gmtModify":1704776908045,"author":{"id":"3560004750982606","authorId":"3560004750982606","name":"JinJie","avatar":"https://static.tigerbbs.com/a0e9d9e59bca4e927950c95ecc6fbc6c","vip":1,"crmLevel":9,"crmLevelSwitch":1},"htmlText":"Buy buy buy&nbsp;","listText":"Buy buy buy&nbsp;","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367324874","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367329591,"gmtCreate":1614911729913,"gmtModify":1704776898563,"author":{"id":"3573341177962944","authorId":"3573341177962944","name":"buckethead","avatar":"https://static.tigerbbs.com/fb0baba9e10b75fa4dc0ff143e54bbea","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Potato chips","listText":"Potato chips","text":"Potato chips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/367329591","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3732231,"gmtCreate":1615034183553,"gmtModify":1680779402130,"authorId":3573341177962944,"author":{"id":3573341177962944,"authorId":3573341177962944,"name":"buckethead","avatar":"https://static.tigerbbs.com/fb0baba9e10b75fa4dc0ff143e54bbea","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367329591,"type":1,"supId":0,"prevId":0,"content":"[吃瓜]","text":"[吃瓜]","html":"[吃瓜]"},{"id":3720388,"gmtCreate":1614912950768,"gmtModify":1680779223903,"authorId":3576973686770601,"author":{"id":3576973686770601,"authorId":3576973686770601,"name":"nihaomao","avatar":"https://static.tigerbbs.com/3e45935f2b50cf2a2146f6d5c66c031a","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.01","exceedPercentage":"80.98%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367329591,"type":1,"supId":0,"prevId":0,"content":"Chips","text":"Chips","html":"Chips"}],"langContent":"EN"},{"id":367329251,"gmtCreate":1614911725073,"gmtModify":1704776897754,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":1,"crmLevelSwitch":1},"htmlText":"Like my comment&nbsp;","listText":"Like my comment&nbsp;","text":"Like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367329251","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3720264,"gmtCreate":1614911770249,"gmtModify":1680779228972,"authorId":3573341177962944,"author":{"id":3573341177962944,"authorId":3573341177962944,"name":"buckethead","avatar":"https://static.tigerbbs.com/fb0baba9e10b75fa4dc0ff143e54bbea","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367329251,"type":1,"supId":0,"prevId":0,"content":"ok, <u>done</u>","text":"ok, <u>done</u>","html":"ok, <u>done</u>"}],"langContent":"EN"},{"id":367329639,"gmtCreate":1614911705421,"gmtModify":1704776897916,"author":{"id":"3571654404801251","authorId":"3571654404801251","name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":1,"crmLevelSwitch":1},"htmlText":"Buy!","listText":"Buy!","text":"Buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367329639","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367329855,"gmtCreate":1614911692877,"gmtModify":1704776897432,"author":{"id":"3574572092080891","authorId":"3574572092080891","name":"Joker_Smile","avatar":"https://static.tigerbbs.com/fb5bf41aabce75edc01766ad80e2bf49","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Give a like and a comment? Thank u.","listText":"Give a like and a comment? Thank u.","text":"Give a like and a comment? Thank u.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367329855","repostId":2117850095,"repostType":4,"repost":{"id":"2117850095","pubTimestamp":1614906992,"share":"https://www.laohu8.com/m/news/2117850095?lang=&edition=full","pubTime":"2021-03-05 09:16","market":"us","language":"en","title":"Broadcom CEO says demand is 'real' as chip orders flood in","url":"https://stock-news.laohu8.com/highlight/detail?id=2117850095","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up s","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Broadcom CEO says demand is 'real' as chip orders flood in</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBroadcom CEO says demand is 'real' as chip orders flood in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://www.straitstimes.com/business/companies-markets/broadcom-ceo-says-demand-is-real-as-chip-orders-flood-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2117850095","content_text":"NEW YORK (BLOOMBERG) - Broadcom chief executive officer Tan Hock Eng said customers are beefing up semiconductor orders at an unprecedented pace and tried to quell concern that this will create a glut later on.\"We see customers accelerating the bookings for early deliveries and attempting to build buffers and creating the demand-supply imbalance you all hear out there,\" Mr Tan told analysts during an earnings conference call on Thursday (March 4).About 90 per cent of Broadcom's 2021 supply has already been ordered by customers. Normally, chipmakers have about a quarter of their supply locked up like this. Since the middle of 2020, the company has reviewed its order backlog to make sure it aligns with the actual consumption of end products such as smartphones and networking gear. While some industries have complained of a chip shortage, Mr Tan said Broadcom has enough production from its outsourced providers to meet the needs of its customers having anticipated order levels.\"We believe this is real,\" Mr Tan said. \"Our revenue reflects what's being consumed by end users.\"Across the industry, lead times - how long it takes to get a chip after you order it - have climbed above 14 weeks. That has sparked concern customers are purposely ordering too many semiconductors to head off future supply shortfalls. This double ordering often leads to order cancellations and declining revenue for chipmakers later on.Chip stocks have slumped in recent days on concern that industry earnings are peaking. Mr Tan's assurances that the current expansion is sustainable were questioned throughout Thursday's call. Broadcom shares slipped about 2.5 per cent in extended trading.Almost a year ago, Mr Tan was one of the first chip CEOs to warn customers to order well in advance to guarantee supply.Despite a seasonal decline in smartphone chip orders, Mr Tan expects fiscal second-quarter chip revenue to grow at about 17 per cent and sees growth persisting throughout the year. Still, he acknowledged that this growth rate is unusually high. He also noted that Broadcom customers can't cancel orders.The company predicted revenue in the three months ending April will be about US$6.5 billion (S$8.7 billion) compared with an average analyst estimate of $6.33 billion.Broadcom is one of the world's largest chipmakers with businesses spanning smartphone parts, key components of networking equipment and semiconductors that run home Wi-Fi gear and set-top boxes. That reach, which also includes mainframe and security software, makes its projections an indicator of future demand for major technology companies such as Apple, Samsung Electronics and Google.In the fiscal first quarter, Broadcom reported its main chip division, semiconductor solutions, generated US$4.91 billion in sales. Analysts were looking for US$4.93 billion, according to data compiled by Bloomberg.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3720261,"gmtCreate":1614911717212,"gmtModify":1680779227971,"authorId":3571654404801251,"author":{"id":3571654404801251,"authorId":3571654404801251,"name":"WhiteField","avatar":"https://static.tigerbbs.com/82a7951ef122fa8e807bd10b0876389e","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.69%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367329855,"type":1,"supId":0,"prevId":0,"content":"Help me too","text":"Help me too","html":"Help me too"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":70,"commentSize":24,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}