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  • PS4 to remain supply-constrained into summer [View news story]
    Global Foundries.....
    Mar 23, 2014. 02:18 PM | Likes Like |Link to Comment
  • Semiconductor Infrastructure: KLA-Tencor, Novellus, Amkor [View article]
    KLAC is in a world of hurt. Their highest margin business, reticle inspection, is under attack by Applied Materials. Intel's move to 32nm this year in Oregon, NM, and AZ pretty much assures that AMAT keeps all that reticle business that they won from KLAC last year. I seriously doubt if there is enough time for KLAC to win it back.

    So much for the sell-side theory that KLAC will only lose 8-9 total orders in that space.

    And on that bookings breakdown mentioned by Ringy, here are the real numbers:

    $243 million total bookings
    $28 million was holdover from prior quarter
    $215 million Net booking
    $103 million of the Net was Service
    $112 million is the actual tool bookings
    $84 million is semi tool bookings (25% was non-semi related equipment)

    Current expenses (after RIF) set break even at revenue rate of $350-400 million/quarter (??)

    Ummm... Now that your new run rate is under $250 million how do you cut an additional 25-35%? Of course, when you read the transcript you will find that nobody asked that question in a meaningful way.


    Feb 19, 2009. 02:46 PM | Likes Like |Link to Comment