WPG Holdings, the semiconductor distribution giant, said 2nd quarter revenue, operating profit and net income will all hit fresh record highs, following its strong 1st quarter (Q1), media report, WPG said Q2 revenue will hit NT$345 billion to NT$365B, up 9%-15.3% vs Q1, and operating profit NT$8.66B to NT$9.64B. The firm said capex from downstream manufacturers (Foxconn, Quanta) continues to rise and could provide further reason to raise its financial forecasts. $NVIDIA(NVDA.US) $Micron Tech(MU.US) $Broadcom(AVGO.US) $Marvell Tech(MRVL.US) $Qualcomm(QCOM.US) #WPG #Foxconn #Quanta #semiconductors
Source: Dan Nystedt
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