Winbond raised its capex to NT$49.41 billion (US$1.56 B), up NT$7.3 billion over the prior plan amid “incredibly tight” capacity due to ongoing memory chip shortages, with President PM Chen saying he’s spending more time with equipment vendors than customers these days to speed up expansion. Winbond’s revenue rose 43.7% in the first quarter to NT$38.3 billion, as capacity utilization rate neared 100%, gross margin climbed to 53.4% and net profit hit NT$10.12 billion. $HXSCL $SSNLF $Micron Tech(MU.US) $Applied Materials(AMAT.US) $KLA(KLAC.US) $Lam Research(LRCX.US) #Winbond #semiconductors

Source: Dan Nystedt