Most tech segments and companies involving hardware “remain troubled,” and the forecast is “mixed” at best with just one exception, a Wall Street analyst remarked Thursday as he checked in with manufacturers in Taiwan.
“While we have encountered one-off comments suggesting modest green shoots in various areas, more broadly, commentary around PC demand remains soft with inventories still needing to be worked down,” Bryson said. “Memory demand remains poor, inventories remain high, and pricing declines look to remain at elevated levels into [the second calendar quarter].”
Bryson said the latter half of the year could show improvement as new data-center central processing units, namely, Nvidia Corp.’s NVDA Grace CPU, supported by Arm Ltd.’s chip architecture, are released. Following Nvidia’s failed bid to acquire SoftBank Group Corp. 9984 -owned Arm last year, Nvidia announced it still had a 20-year license for Arm’s architecture.
Interesting insight! What makes this one exception stand out from the rest?