William Keating

Semiconductors are seminal to our collective future & fascinate me. Definitely NOT investment advice. Entertainment purposes only. DYOR. Thanks!

[William Keating @SemiconAlpha]

this is complete horse sh*t. Here's a quote from TSMC's Q4 2025 earnings call tanscript

That's a long question. We built a fab in Arizona, and we worked hard, so today, everything, even the yield or defect density is almost equal to Taiwan. And due to the strong demand, as I just answered from the AI, stronger, that's a mega trend, all my customers in the AI customer you see in the US.

[William Keating @SemiconAlpha]

You may have heard Jensen say "The next trillion-dollar
company, ladies and gentlemen" when he walked on stage to join Marvell CEO Matt Murphy the other day. What you might have missed is what he said as he was walking off stage and off camera: "Buy Marvell". Check it out for yourself at 27:58 https://t.co/AiF2joYCkD
Matt repeats "Buy Marvell", but with a slightly nervous chuckle. Did Jensen mean "bye" Marvell instead of "buy" Marvell? Who knows, but investors appear to have assumed the latter judging by the share price action

[William Keating @SemiconAlpha]

Marvell Keynote @ Computex 2026

Marvell Vision: build a best-in-class, world-class, pure-play company focused on semiconductor solutions for data infrastructure that is required to move, store, process, and secure the world's data.

[William Keating @SemiconAlpha]

Thanks so much for all the likes on this AMD post yesterday. Seems like there's a lot of interest out there in the company, so I've just posted the full transcript of the BofA fireside chat as an article here

https://t.co/4NlI3edJzf

[William Keating @SemiconAlpha]

AMD @ BofA Global Tech Conference 2026

AMD’s data-center CPU business grew >50% YoY in Q1, and management guided Q2 CPU revenue up >70% YoY, with roughly two-thirds coming from unit expansion rather than ASP

[William Keating @SemiconAlpha]

https://t.co/u9otShNGnQ

[William Keating @SemiconAlpha]

https://t.co/cl1ALYI5rA

[William Keating @SemiconAlpha]

Salesforce @ BofA Global Tech Conference 2026

Upgrading existing seats to our higher-end SKUs, which we call Agentforce — Agentforce for Sales, Agentforce for Service. Every time we do that upgrade, we see on average 60–80% uplift

[William Keating @SemiconAlpha]

Agentforce wins against ~10,000 competing agentic platforms because it has native access to customers’ codified workflows, CRM context, governance/permissioning built over 27 years, human handoff, and a model-agnostic backend

[William Keating @SemiconAlpha]

Salesforce @ BofA Global Tech Conference 2026

Upgrading existing seats to our higher-end SKUs, which we call Agentforce — Agentforce for Sales, Agentforce for Service. Every time we do that upgrade, we see on average 60–80% uplift

[William Keating @SemiconAlpha]

Contrary to the fear that AI shrinks seat counts, seven of the top 10 deals last quarter involved customers adding new human users, i.e. licenses are increasing, not contracting

[William Keating @SemiconAlpha]

https://t.co/WpAuRD0elJ

[William Keating @SemiconAlpha]

Intel @ BofA Global Tech Conference 2026

We had 12 layers of management; he collapsed it into six. We had over 400 vice presidents; he collapsed that to 200. We had >100,000 employees; he collapsed that <80,000.

[William Keating @SemiconAlpha]

Our ramp in general has been quite good, mainly because 18A is making really good progress on yields month-to-month. And we're ramping in two facilities now, Oregon and Arizona

[William Keating @SemiconAlpha]

Intel @ BofA Global Tech Conference 2026

We had 12 layers of management; he collapsed it into six. We had over 400 vice presidents; he collapsed that to 200. We had >100,000 employees; he collapsed that <80,000.

[William Keating @SemiconAlpha]

If you just stamped something and called it a CPU right now, it would sell. In the near term, it's all about supply, we are ramping supply as we speak

[William Keating @SemiconAlpha]

https://t.co/6cIVxqbmRI

[William Keating @SemiconAlpha]

Hewlett Packard Enterprise (HPE) reported Q2FY26 record revenue of $10.68 billion, up 40% YoY, up 14.8% QoQ and coming in above the high end of the company’s own guided range.

[William Keating @SemiconAlpha]

HPE’s updated FY26 non-GAAP EPS and free-cash-flow guidance are now higher than the FY28 targets it set at its October 2025 Securities Analyst Meeting. Oh my!

[William Keating @SemiconAlpha]

Hewlett Packard Enterprise (HPE) reported Q2FY26 record revenue of $10.68 billion, up 40% YoY, up 14.8% QoQ and coming in above the high end of the company’s own guided range.

[William Keating @SemiconAlpha]

For Q3FY26, HPE estimates revenue to be in the range of $11.5 billion to $12.1 billion & GAAP diluted net EPS to be in the range of $0.84 to $0.89

[William Keating @SemiconAlpha]

https://t.co/G4pN2y6Uo8

[William Keating @SemiconAlpha]

AMD @ BofA Global Tech Conference 2026

AMD’s data-center CPU business grew >50% YoY in Q1, and management guided Q2 CPU revenue up >70% YoY, with roughly two-thirds coming from unit expansion rather than ASP

[William Keating @SemiconAlpha]

TSMC supply remains tight (notably 3nm), but Ramsey suggested AMD secured more allocation from TSMC earlier than investors appreciate, while warning the “starting point” of investor expectations was too low

[William Keating @SemiconAlpha]

AMD @ BofA Global Tech Conference 2026

AMD’s data-center CPU business grew >50% YoY in Q1, and management guided Q2 CPU revenue up >70% YoY, with roughly two-thirds coming from unit expansion rather than ASP

[William Keating @SemiconAlpha]

On x86 versus ARM, management emphasised TCO, platform breadth (5 generations from 8-core to 256-core), the entrenched x86 code base, and a decade of RAS and security validation with hyperscalers

[William Keating @SemiconAlpha]

We are excited to have Intel Xeon 6 Plus introduced at Computex. It has 288 E-cores,  massive 576 megabytes of L3 cache, and is built with our Intel 18A technology https://t.co/B2ZqPu7feu