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According to Nikkei, an executive at U.S. chip giant Texas Instruments (TXN.O) said the company is expanding its global manufacturing scale, including in Japan and Malaysia, to increase in-house production of its “foundational” semiconductors, thereby supporting the booming artificial intelligence infrastructure market.Faraday Future’s Data Factory business unit signed its first sales order.Pop Mart (09992.HK) opened higher but closed lower, currently down more than 3%. The companys management stated that, based on current procurement and production conditions, raw material costs are expected to increase by 3 to 5 percentage points compared to the same period last year, and the companys overall gross profit margin is expected to decrease by about 0.5 percentage points.On May 13, the State Council Taiwan Affairs Office held a regular press conference. A reporter asked: Recently, the Shanghai Municipal Bureau of Culture and Tourism issued an announcement stating that Shanghai residents can book group and individual tours to Kinmen and Matsu through qualified travel agencies in Shanghai and Fujian provinces. What is the current progress of this? Spokesperson Zhang Han stated that tourism industry representatives from both sides of the Taiwan Strait have recently begun mutual visits and inspections, paving the way for future cross-strait tourism exchanges and cooperation. We have already announced the promotion of the pilot program to resume individual travel to Taiwan for residents of Shanghai and Fujian provinces. We hope that relevant authorities in Taiwan will heed public opinion and open this up as soon as possible, creating conditions for the normalization of cross-strait personnel exchanges and the normalization of exchanges and cooperation in various fields.May 13th - Data shows that in the first four months of this year, Guangdongs foreign trade growth rate was 3.5 percentage points higher than the national average, and its share of the national total increased by 0.6 percentage points year-on-year to 21.5%. Foreign trade volume increased by 541.07 billion yuan, exceeding the total for the entire previous year; its contribution to the national import and export growth during the same period reached 25.8%. According to the latest data released by the Guangdong Branch of the General Administration of Customs, in the first four months of this year, Guangdongs imports and exports totaled 3.49 trillion yuan, an increase of 18.4%. Among them, exports reached 2.06 trillion yuan, an increase of 11.4%; imports reached 1.43 trillion yuan, an increase of 30.1%; Guangdong continued to rank first among all provinces and municipalities in terms of scale, share, and increase.

KLA Corporation Reports Fourth Quarter Outperformance and Provides Outlook

Haiden Holmes

Jul 29, 2022 11:17

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Tencor Corporation (NASDAQ:KLAC) achieved better-than-expected fourth-quarter profits per share of $5.81 above the $5.50 consensus projection. Compared to the average forecast of $2.43 billion in revenue, the actual amount generated was $2.49 billion.


The firm predicts Q1/23 EPS in the range of $5.70-$6.80, against the average expectation of $5.81, and revenues in the range of $2.475-$2.725 billion, vs the consensus estimate of $2.52 billion.


KLA's June quarter results and September quarter outlook once again display persistent outperformance, emphasizing the significance of KLA's products and services in enabling digital transformation in how we live and work, according to Rick Wallace, the company's president and CEO.