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

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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...

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KHYAP
·2021-03-05
Up
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1
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Wallstrtbets
·2021-03-05
Shortage coming.
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Zarkness
·2021-03-05
Order coming in, good for chip makers!
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MrPoh
·2021-03-05
Buy buy
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2
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raidou
·2021-03-05
Help to like and comment please, thanks!
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Conanteh
·2021-03-05
Hi
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1
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ValAly
·2021-03-05
Buy!!!
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3
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- T20211126001:
  Yea yes
  2021-03-05
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- Xkuanx:
  Yes Can start to accumuLate
  2021-03-05
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Couragesther
·2021-03-05
Help like and comment please
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1
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- Couragesther:
  Waiting for it to drOp more
  2021-03-05
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- ValAly:
  Buy!!
  2021-03-05
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Garylim
·2021-03-05
Buy the dip!
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3
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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.
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- IcySilver:
  Macro market sentiment is holding back the move
  2021-03-05
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- IcySilver:
  Only time can tell. But could also mean the upward move will be stronger
  2021-03-05
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JLX
·2021-03-05
Buy buy buy
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- MrPoh:
  600usd target proce
  2021-03-05
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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'.
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- Shermantanjs:
  Agreeed
  2021-03-05
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JFK
·2021-03-05
Please help to comment and like. Have a nice weekend.
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belnar
·2021-03-05
Interesting
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nihaomao
·2021-03-05
Wow that’s great
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JinJie
·2021-03-05
Buy buy buy
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buckethead
·2021-03-05
Potato chips
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- buckethead:
  [吃瓜]
  2021-03-06
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- nihaomao:
  Chips
  2021-03-05
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WhiteField
·2021-03-05
Like my comment
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- buckethead:
  ok, done
  2021-03-05
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WhiteField
·2021-03-05
Buy!
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Joker_Smile
·2021-03-05
Give a like and a comment? Thank u.
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- WhiteField:
  Help me too
  2021-03-05
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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. 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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,"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,"authorIdStr":"3573646223640101","idStr":"3573646223640101"},"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,"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,"authorIdStr":"3562707747643111","idStr":"3562707747643111"},"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,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3720965,"gmtCreate":1614918563154,"gmtModify":1680779237793,"authorId":3575955563694893,"author":{"id":3575955563694893,"idStr":"3575955563694893","authorId":3575955563694893,"name":"T20211126001","avatar":"https://static.tigerbbs.com/42cf33544f719c12b3a2aa7e6bd084b1","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367139221,"type":1,"supId":0,"prevId":0,"content":"Yea 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","text":"Buy!! ","html":"Buy!! 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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. 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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 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