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Jul 22 at 10:25 PM
Texas Instruments $Texas Instruments(TXN.US) doubled DC sales YoY and grew gross margins by 330 bps QoQ. FCF exploded with cut back in CapEx, but this is one of the few companies that was ahead of the curve with all their CapEx spend to get capacity ready.
They mentioned in the CC that power semis content will only grow as more DCs get built and come online. They had a great report despite the AH reaction, and expect data center sales to be strong for the foreseeable future. Power semis look good while many are ignoring them for other names.$Infineon Technologies(IFNNY.US) $ON Semiconductor(ON.US) $STMicroelectronics NV(STM.US) $Analog Devices(ADI.US)
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