NA

Rin-Tohsaka-is-hot

NA was definitely not affected. I work at AWS. These were China regions.

brokenlabrum

The outage in the article did not impact NA.

ErictheAgnostic

Nah, NA was also affected, 100s of sites. And China jas special regs for AWS.

EverOnGuard

And bought NA beer with it.

Azisax

NA only dry wipes, they all brown stained over there

Senior_Professional4

As much as I’m all for world peace, one nation owning the entirety of NA scratches my ocd

Inner-Cobbler-2432

Exactly, that's why I apologize for the inevitable -2% I will cause. I milked ur markets for too long, I got that NA money.

stealthlysprockets

Isn’t Mexico part of North America? Why wouldn’t they include it in the NA numbers? Especially if you count Canada as well.

datguboy

Sure. My point is with a lower revenue in Q1, they might not be profitable again… and let’s not forget that their NA DAU has been declining and global DAU declined too in Q4. It is a dying app man… and spectacles is a cash burning machine… how is that a selling point for snap?

Timely_Basket_1355

>North America (NA) margins are 7-9%  So, they are already more profitable than WalMart, which gets a 45x multiple. Amazon is still in the process of building out their infrastructure; they will improve their margin over time >So if they DOUBLE their retails sales, they add 60MM in profit. If they double their sales, they increase their economy of scale; doubling sales means more than a doubling of profits.

DisastrousPlantain51

NA. #MarketCooked SPY to 0 sorry bro..

Canamerican726

Because revenue != profit? North America (NA) margins are 7-9% and Intl 2-3%. NA Revenue 426MM, profit 30MM. So if they DOUBLE their retails sales, they add 60MM in profit. That's not exactly earth shattering. If they double their operating margins (robotics, whatever), same thing. Also - US labor economy is contracting in everything but healthcare, consumer sentiment is low, wage growth is 'meh', inflation is above target - none of these are strong macro signals for an expansion in sales volume. Sure, sales were good over the holidays and Amazon can probably get some revenue growth through targeted ad spend using AIs, but that's not a sea change, it's steady growth on a very large but relatively low margin business. Like, I'm sure they'll grow it - but you ask why people downplay retail? Lots of reasons. To be clear: it's a great retailer and a good business. But people don't tend to get excited 'to the moon' on retail.

LowSkyOrbit

What Beetle? Maybe one day it will come back. Would be a great EV, especially if it buzzed when driving slow. The Golf/Rabbit is only sold as a GTI/R model in the NA market. ID Buzz should have been 15k cheaper and offer more for the price.

Every-Actuator-6996

Trump is reportedly considering pulling the U.S. out of USMCA, the trade deal he originally negotiated. Nothing official yet, but even talk of exiting a \~$2T trade pact = market uncertainty. Watch: Autos, ag, industrials (heavy NA trade exposure) USD/CAD and USD/MXN Volatility on policy headlines Right now it’s headline risk, not policy, but markets hate uncertainty more than bad news.

GoodIntroduction6344

What were AMZN's AWS profits compared to US, NA, and International for Q4?

Notdigg

I think $ matters more than a shrinkage of ~4 mm NA users. $400mm in money they generated out of thin air is nothing to balk at IMO.

No-Detail-2879

I haven’t read the earnings, i dgaf about shitchat but have you thought maybe it’s not plexiai that’s the cause. NA user shrinkage sounds like a pretty big issue.

Notdigg

That just came out today, but it tanked last week after its own earnings mentioning the delay of the perplexity deal, amongst a couple other things like NA user shrinkage.

mulletstation

MTG is printed in EU for that market, Japan for Asia market, and US for NA market. The tariffs are about the core toy business which has been pulling the company down since COVID disruptions and shipping costs skyrocketed, then tariffs impacts. That has hopefully been sorted through now.

Unh0lyCatf1sh

Classic NA inventing their own nonsense sports that no one else plays then calling themselves the World Champions

Pleasant_Visit2260

Be careful not to mix geography and seasonality. You’re citing global (diluted) ARPU for snap , look at its regions Snapchat breaks it up. North America ARPU has actually made new highs. Comparing Reddit’s NA-heavy ARPU to Snap’s global blended ARPU is apples to oranges. In Europe specifically, Snapchat’s ARPU grew 19% YoY. Growing ARPU at Reddit’s scale is materially easier than doing it across Snap’s vastly larger global DAU base; the curves are not comparable.

lies_are_comforting

Part of the reason why they’re down 5 % in NA is because they changed their strategy from ‘growth at all cost’ to ‘profitability.’ I feel like that’s what shareholders have been asking for all this time. Getting more Snapchat+ subscribers is key. That’s safe revenue. Their revenue from ads isn’t great. And to my surprise apparently their AR stuff also brought in a nice bit of revenue. Analysts suggest the app has reached a "plateau" where finding new users is increasingly difficult. It makes sense to me that they finally changed their strategy to go for profitably rather than growth.

datguboy

Several reason. Their North America DAU has been declining for two quarters now… and even global DAU declined in Q4… Also it’s not just about DAU. If you don’t make money from a new user acquisition, it actually increases the expense… this is why NA DAU is so important (3x ARPU compared to Europe). And then their forecast is bad too… have some patience and invest in value stock!

AluminiumCaffeine

I would think sympathy to AMZN? Which is a little silly since #1 AMZN is NA over SA, and #2 AMZN is down in part due to AWS capex of which MELI doesnt share that same profile

Ok_Kick4871

Disconnect between performance of NA cars and what they should be?

Independent_Term5790

Apac markets don’t care that NA is doing some crazy shit

Ok_Cry7572

How can they offer phone plans in Asia for under $5 a month like 5g unlimited and here in NA, you gotta pay more. Why expensive here. Feel like we getting scammed

jennysonson

Its oversold, its the same with when google kept falling before people realized openai and others werent a threat to their ad businesses, or when everyone thought Apple would be over they started losing sales in Asia, but then NA and EU covered those sales and more.

randomnameforme123

-3% to -1% and EU and NA aint even start buying yet Thats why MUs THE GOAT!! THE GOAT!!!

Thick-dk-boi

This is really what it was, China started the dump and NA panicked and compounded it.

oldschoolguy90

He works for CHY-NA

bravado

Our car companies have no interest in building cars people can buy - they only exist at this point to convince the governments to keep rigging the rules to keep out foreign competition and ensure that average car price (and size) keeps going up. I used to work in the Toyota world in Ontario and they have no concept of competition in NA. It's fucked and won't get better.

Historical_Air_8997

From what I saw ASML recently released their new High Na EUV machines which is 60% more efficient than the previous model for “2nm” (which were actually 2nm) chips. But [this article](https://www.trendforce.com/news/2025/12/16/news-intel-completes-first-2nd-gen-high-na-euv-acceptance-testing-asml-eyes-2027-28-mass-production/#:~:text=The%20path%20to%20mass%20production,%2C%20Bloomberg%20notes%2C%20citing%20Fouquet) and a couple others I’ve seen say ASML is already researching and looking at a new model within the next decade for a “Hyper NA” EUV machine. Size wise I think we’re at or near the limit, but theres some newer research on stacking more efficiently on the same size chip. My friend does some of this research at MIT, he published research last year on a way to bond some materials they use in cheap using more conductive materials which before wasn’t possible at the size of model chips. Ofc he’s doing like individual chips so companies like ASML have to find a way to scale it if that’s even possible.

Songrot

Thats actually bullish. Bc in Europe especially Germany SAP will never die. Rather the world implodes than SAP can be removed from companies. If 35-40% revenue comes from NA then SAP dominates the world.

itsthebear

Donkey, they do UAE, Google does NA. https://analog.io/news/physical-intelligence-on-four-legs https://bostondynamics.com/blog/boston-dynamics-google-deepmind-form-new-ai-partnership/ Apparently you're unable to Google though. Access is what they offer. Buy it, use it.

PRSArchon

Affordability is definitelty a concern. High NA EUB competes with low NA EUV multipatterning, and low NA EUV competes with DUV multipatterning. As long as it is cheaper to buy and operate multiple low end machines it does not make sense to buy the high end.

elgrandorado

ASML is far too embedded in the semi supply chain. I'm very curious on their Hyper-NA development, as they NEED to continue to demonstrate value to TSMC, Micron, Samsung, Intel, etc.

lipmanz

Woah SBUX positive NA comps????

Maximum-Magazine-333

Europoors can’t catch a break, they try to break free by investing in NA and then the dollar breaks their kneecaps

GeoLogic23

[Whirlwined](https://www.prnewswire.com/news-releases/whirlwined-introduces-the-worlds-first-non-alcoholic-hemp-derived-delta-9-thc-infused-wine-302665657.html) announced they were launching the first true non-alcoholic wine infused with hemp THC the other day. This was in Chicago, where we have seen beverages get a carve-out. >Whirlwined is real wine—fully fermented, then gently de-alcoholized.... I have mentioned before that I think non-alcoholic beer and wine haven't hit the market yet because even though they don't have alcohol in them, non-alcoholic wine/beers start out as alcoholic products. So they are still regulated by the TTB. Whirlwined was the only wine product listed at Binny's Beverage Depot. However they did have one non-alc beer product listed. So I was looking into that to see if it was really a beer. It isn't. But the company that makes the "beer" product does explicitly [describe the issue with the TTB and cannabis drinks](https://gobrewing.com/blogs/insights-and-misadventures/can-beer-have-thc?srsltid=AfmBOopz7OEx0Cs1EC4fCZ1-d2nDnEs3Pkq4iPVAP6zPH54rYfYq8Gh-). >**Why Beer Can’t Contain THC** >In the U.S., beer is regulated by the Alcohol and Tobacco Tax and Trade Bureau (TTB)......The TTB will not approve any formulas or labels for alcohol beverage products that contain a controlled substance under federal law. Since cannabis is still a controlled substance under federal law, the TTB prohibits mixing THC with any beverage classified as beer.  >Even non-alcoholic (NA) beers fall under [TTB jurisdiction](https://gobrewing.com/blogs/insights-and-misadventures/why-some-na-beers-have-alcohol) because they are brewed like traditional beer before alcohol is removed. That means they also cannot legally contain THC. If a beverage is marketed as NA beer, it’s subject to the same restrictions. >So, while you might see THC seltzers or cannabis-infused tonics on the market, **you won’t find a true “THC beer.” The moment a drink is legally considered beer, THC is off the table.** >But wait... >For a drink to be considered beer under TTB regulations, it has to be made with traditional brewing grains—like barley or wheat. >But at Go Brewing, **we offer a gluten-free beer that is brewed with alternative ingredients, which makes this brew outside of the scope of regulation of the TTB**. So while their beer brand isn't actually a real beer, we did just get a company marketing what they say is a true non-alcoholic wine with THC? Does this signal the TTB has eased this stance regarding non-alcoholic beer and wine?

Low-Associate-8853

Tbh, they could relocate and still have business in NA.

gsbiz

Op DM'd me to say that they already have contracts with ASML. But like you say customers may be limited, there's only one customer at the moment until China manages to get in on the high NA game. I was going to take a punt, but they aren't available on my platform.

gsbiz

Your concern is not entirely justified. ASML, is the only supplier of high NA EUV lithography machines to Samsung and TSMC. They are based in the Netherlands and have free trade with Finland. If ASML use the improvement and stipulate it as a part for the machines, all the major chip fabs will use it. The downside is that it all hangs on ASML approving the use of it in the machines. But if it has so many benefits, why wouldn't they. Have they already?

hideyourfire

From what I understand, India represents the biggest portion of their users. Most of this reflects NA and EU conversion rates.

agarnerman

Idk if this is useful for anyone but I left NKE a while ago and still have ties there. They’re about to layoff ALOT of people in their biggest NA distribution Center. Do with that what you will

Medium-Flan4717

I disagree with this post. I hold a long position in ASML, and it's clear we view the company's valuation very differently. ASML isn't your typical industrial company where you can simply track order inflows and outflows on a linear basis. This is primarily because they rely on a few key customers: Intel, TSMC, and Samsung. Furthermore, interpreting their income statement on a monthly or quarterly basis is difficult because their machines take months to build. Under IFRS standards, these are only recognized as revenue upon delivery, which naturally leads to a very lumpy and uneven income statement. What we already know ahead of Q4 is that TSMC has reported a necessary increase in CAPEX to $52–56 billion to meet future demand, which will be strongly reflected in ASML’s order book. Additionally, Intel has publicly stated their ambition to be 'first on' with High-NA EUV. With a single machine costing just under $400 million, these orders are worth their weight in gold. Another point many have overlooked—but which is now a reality—is the demand for DRAM. For a long time, RAM manufacturers weren't considered a major revenue driver, but that has changed. With RAM prices skyrocketing, these suppliers must also invest in EUV and DUV systems. Finally, perhaps the strongest driver for ASML today is their service business. As the order book shifts toward EUV, this becomes even more significant because no one else is capable of servicing these machines. With service growing at 25% and machine production at approximately 12% long-term, I’d much rather hold a position with them than against them. But of course, no one has the crystal ball.

AtrociousRebutal

It absolutely would be stupid to reach for a gun during an arrest. Seems like the deceased knew this too since he didn’t reach for anything. One of the angles I’ve seen clearly shows his hands balled into fists above his head for the entire time he’s on the ground face down. Link here if you give a shit. https://www.instagram.com/p/DT6BHGJjtE4/?igsh=MWt5bnNrdTUya2o1NA==

whoknows234

14a is first chip created with high NA EUV, which is next gen lithography tech. TSMC only has EUV machines atm and will have to rely on multi patterning techniques as chip geometries get smaller, which reduces yield aka costs more. Additionally 18a is bring next gen 3d stacked transistors (gate all around) and back side power delivery which should allow further density gains. Not only will 14a be on next gen lithography it will integrate the new transistors and power delivery of 18a.

aiicaramba

Probably because intel were first to receive High NA EUV machines.

kaapooj

ty, jpm is trading considerably over book value and pe, roe is elevated compares to peers, it does execute well though, do u discount any impact on trump's credit card push or do u think it will never in any way be implemented? meta, how do interpret the recent spending cut? isn't it often the case that so close to earnings it is a sign for a course correct due to bad results? and where do u see the return on the increased capex? and do u believe in thei AI efforts (still no new model published, and their AI team is full of very public drama and exits) google, there search dominance in NA was decreasing last I saw ans openai's push for ad's + shopping integration seems to me a straightforward tailwind on their key revenue stream (but gemini is also taking chatgpt marketshare) where do u see the excess eaenings coming from to allow for new multiple expansion?

Medical-Shoulder-337

China is going to do what Chinas going to do China wont get a foothold in NA. the battleground will be SA & EU. If Europe throws in with China, The US will walk from NATO and the EU is dependent on Nat Gas. Russia will dick them over and they cant restart their nukes up fast enough. All of a sudden Ukraine will get memory holed.

DeuzExMachina_

Intel's future hangs solely on their fab business, which is still looking very shaky. They're first to High NA and they will finally start shipping products on 18A (with 14A seemingly on target...ish), but unfortunately, still not major external foundry clients.

Kevbot1000

If you're in Canada, Partake is a particularly good NA brewery. Athletic is becoming people's go-to but Im not huge into it. If you're in BC, Red Racer and Phillips both have fantastic NA lines (Street Legal and Iota, respectively.) But honestly? I've been buying Safeway brand N/A beer when I want cheap but solid.

Geddagod

>Intel is the American horse in the foundry business. And yet Trump is forcing TSMC to build a shit ton here. >Intel is also working actively with ASML on next gen High-NA EUV development for 14A. The overall benefits of high NA EUV for 14A is pretty debatable. Intel also has standard EUV versions of 14A with the same yield as their high NA EUV variant. >Companies like nvidia did not invest in intel just to appease the turd; intel has some legit tech in the works. None of which seems to leapfrog TSMC on the foundry side, or AMD/Nvidia on the design side.

xeemyy

Or you just buy cheaper NA stocks.

xeemyy

All these Northern European pension funds dumping US bonds are regarded. No matter whether you like the US or not: you usually make the best gains with NA stonks. Who in their sane mind would ever invest in EU stocks. Company leaderships are crooks and EU leaders have neither the backbone nor the will to actually push an agenda. We Europoors only do symbolic politics. No balls. 🤌

ChipIverson

Athletic is the top US brand of NA

dopadelic

Intel made a mistake to bet on extending DUV instead of switching to the unproven EUV. TSMC and Samsung took their chances with EUV and won. The tables are turned this time with Intel betting on high-NA EUV and TSMC and Samsung betting on extending EUV.

_Lucille_

Intel is the American horse in the foundry business. Intel is also working actively with ASML on next gen High-NA EUV development for 14A. Intel's finances likely arent going to look good "for a while" but I think it is still a very valid pick up during dips. Companies like nvidia did not invest in intel just to appease the turd; intel has some legit tech in the works.

LordSnarfington

I get that logically. But NFLX has traded at tech multiples for and if they can successfully incorporate the WB studio assets they are gonna have even more pricing power to drive NA growth, coupled with international push and a expanding multiple once the merger fear subsides I can see those calls printing if they are far enough out. The real gamble is whether they'll be able to incorporate assets they have no experience with as successfully as they have their own

LumbyCastle41

Shares is the play here because Netflix needs 2 years of revenue to pay for the purchase (assuming they carry on with the same revenue as now which obviously will change). Netflix needs to break more into international markets because basically everyone in NA who wants Netflix already has it. So it's a long play. Having said that I'm getting calls. 

CapitalBias

This. NA would be better off more integrated not less. Trump often has the right instinct but doesn't communicate as professionally as the other western leaders, who aim for 0.1% gdp growth

sum1datausedtokno

You cant spell NATO with NA, or TO. Because thats how you spell NATO

0o0o0o0o0o0z

> Is the president of the US actually memeing about invading an ally? Is this real? Should see the other meme with all of NA and VZ covered in the American flag. Guy's on a roll lately...

MtGloomy0420

Agreed…but the point I was making was IF Taiwan was invaded. All of the newest 2nm high-NA EUV lithography machines have been delivered to $INTL.

Important-Tax1776

Meta - (of a creative work) referring to itself or to the [conventions](https://www.google.com/search?client=firefox-b-1-d&hs=DTr9&sca_esv=109423f6832a2638&sxsrf=ANbL-n6NmhIHsnDrihzO3uO-7DEQqPmQ4w:1768848435063&q=conventions&si=AL3DRZFAMySlwUHtjtG-Q8YnsqwOQMPylbIY9gNpGGQQWsxmuOQjSGQrhs_UknOHI53qKwGGAxiWjQoqqrktDy3dQrxP6Qo3UbA9OdCNTky2tMUZ1TKP_NA%3D&expnd=1&sa=X&ved=2ahUKEwjTtYj1oZiSAxUvM9AFHacSJicQyecJegQIOhAQ) of its genre; [self-referential](https://www.google.com/search?client=firefox-b-1-d&hs=DTr9&sca_esv=109423f6832a2638&sxsrf=ANbL-n6NmhIHsnDrihzO3uO-7DEQqPmQ4w:1768848435063&q=self-referential&si=AL3DRZHphsBk0uH6q-M-pW90spKQiGZpCk_x11VwaUxNg6TqLTt5qJtgqteft646gFdCeK3p29ElijdsgOBttpv64elJTAkp9yJYLXTCYMygkcQWkAgzOO0pIZJRmrlmiyHQFt2DEGvY&expnd=1&sa=X&ved=2ahUKEwjTtYj1oZiSAxUvM9AFHacSJicQyecJegQIOhAR). "the enterprise is inherently “meta,” since it doesn't review movies, for example, it reviews the reviewers who review movies" Sounds about right with this company. Has reviewers to review the reviewers.

xeemyy

It’s kinda weird to see EU markets open without NA markets at the same time. It’s like they have no fucking clue and orientation whatsoever and just copy NA movements. 🤌

Samjabr

I keep getting this nagging feeling that INTC leaps are too going to be massive winners. It’s become a defacto ward of the state. Finalized installation of the 1st ever, High-NA EUV. Trump has attached his name to it. - He won’t want to see it do poorly everyone was bending the knee at the White House. I don’t think it’s a stretch to speculate that he had CEOs, such as Tim Apple and Jensen, commit to giving Intel contracts if it gets its shit together. For now, it looks like Lip-Bu Tan is doing a good job. If I’m right, probably a bunch announced this year?

Rubiscon95

I gained $900 this morning by dumping my 6x leveraged silver position I bought Friday. Thank you CHY-NA

Inner-Cobbler-2432

No, my European stocks are all green, defense up 3-5%. I am just dumping all the NA shit.

Roxorek

ahhh sheeeit EU vs NA in here

cbusoh66

It's not 1 billion users, it's less than that but even so, 900 million of them are outside North America. NA has been stagnant and actually losing around 1 million a year. AI will kill most of the engagement, social media as we know it is on its death door. Spectacles will flop, there are tens of Chinese knockoffs now that you can acquire for the 1/10th the cost and they're not bully or creepy. The train has sailed, I see a post like yours every month or two, I always wonder how much money they could have made if they just ignored the value trap and bought a real company.

koreanwizard

Stock won’t move without a catalyst. Could be profit, could be the glasses, could be NA user growth, they need something upend the narrative.

siazdghw

Intel's rebound was inevitable. They are one of only 3 companies able to produce leading edge chips, and now have more high-NA EUV (next gen) machines than TSMC and Samsung combined. Many analysts are expecting Intel to surpass TSMC again or at worse be 1:1 with them (not in sheer volume tho); and leading edge demand is higher than ever and will continue to grow. Everyone from Nvidia to Apple to Qualcomm to even AMD have had discussions about using Intel foundries for future products. Chip creation is a slow pipeline. It takes around 3-5 years for Intel, AMD, Apple, Nvidia to go from concept to delivery. We are just now starting to see Intel's response to Apple's M chips and AMD. Intel went from incredibly inefficient to surpassing AMD in efficiency with Lunar Lake and now on Apples heels with Panther Lake. Panther Lake also surpasses AMD's iGPU performance.. I could go on and on but WSB users have trouble reading soo.. Now to be clear, Intel is far from perfect, they botched their fabs long ago during the 10nm era which caused AMD to catch up and Apple to use M chips, they didn't get their dGPUs out during the crypto peak, and they also didn't pivot hard enough into AI. But the company is still massively undervalued. Their foundries, their patents, their strategic value to America and the West is worth more than they are trading at. And they've just successfully turned the company around and are offering some of the best products on the market, albeit it may take a couple of quarters to get those sales in the books. They still have a ways to go, but I would be surprised if they didn't hit $80 by the end of the year.

wright_on_

real ASML heads know about hyper NA EUV lithography

Ok_Cry7572

Sucks that no one can buy that thing here in NA😂😂

Dragonasaur

> Are they better behaved than America towarda Canada? Yes. The bar is so low atm in Trump's America, but people are somehow forgetting decades of Chinese subterfuge on NA Inb4 "America also spies on China/Chinese citizens" whataboutism

JG98

As someone who has been invested in precious metals for over a decade, I feel like another 2011 situation is brewing. All the people rushing into silver all of a sudden are going to either make off with a big bag by getting out early or learn a very important lesson, few who were not already stackers will continue to hold. On the physical end we've already seen refineries taking action and the sell price moving well below spot ($15 under is what dealers are being paid by Elemental, the largest refinery in NA and the market mover).

MikuEmpowered

There's 3 option here:  A: nothing happens, like how tariff would destroy everything, and nothing happens. B: US breaks away from NATO and owns NA hemisphere, USD increases in value, stonks go up. C: Allies actually form a response, and starts dumping bonds. US market instantly destroyed, hyper inflation incoming. Option C is the only part where market gets obliterated, but this is also the point of no return. It's VERY unlikely other countries will go to this option unless there is a mass casualty event.

StonklordBenno

They are pricy, but I wouldn’t say overvalued. It is practically a monopoly that is near impossible to copy. Their MOAT is incredible. I don’t see them losing their position in the coming 5 years for certain, and probably 10 years. ASML’s high NA EUV machines are being sold for ~400mln a pop, and they can’t even satisfy demand and backlog. A great watch to understand their market position is the recent video by Veritasium explaining how insanely complex and hard to copy their machines are.

Livid_Engineering_30

AMD pushing up on cpu news... a 4nm cpu.. that is nothing special... amd at over 100 PE should push on ai news maybe like making chips for META or maybe receiving new High-NA EUV from asml but not a cpu...omg

Primary_Job_751

50$ a share give or take. And America isn’t relying on Taiwan for chips when the war for Taiwan with China is coming either the us goes to war and TSMC gets Destroyed, the us doesn’t and bombs TSMC so China have it, or the US just let’s China have taiwans and TSMC and gives them a huge advantage over us, not ever happening. But there’s one American chip foundry business the military will need, that has the ability to make the chips after EUV, high-NA and is part of THE national security issue of our time, AI which is the new atom bomb. China threatens Taiwan daily, they can blockade Chios leaving Taiwan anytime they want. That’s why the government and Nvidia have taken a huge stake in Intel. And let’s be real, the US is doing this and is prepared to sabotage for foreign chipmakers to maintain a safe lead over rivals. Would I bet my life savings on any one stock? Hell no. Will Intel go bankrupt? They would be bailed out because they are a national security critical component to American AI dominance. And bailing out Intel is a Fraction of what bailing out banks cost and the government would just is more of the company if need be until it can be fixed. TSMC is over by 2028 because of geography. Maybe they can move to the US in time. Unlikely. They don’t seem to think their survival is at risk during a war. However when TSMC gets absorbed by China in that instance they won’t be on the NYSE anymore. 

Tootum

Crazy how no one remembers how Intel fell. The only reason Intel lost its lead was because it didn't have EUV machines from ASML, whereas TSMC did. Which is why AMD took off with superior nodes from TSMC. Intel has EUVs now, and even more advanced high NA EUV from ASML. It took a long time to get it up and running, and although capacity output isn't quite up to TSMC the playing field is level again.

BeYourBestYou

I'm sure there are plenty of smarter people here than me, but without knowing what your disposable income is to invest, it's hard to do more than just guesstimate. With your income, I'm not even sure you're allowed to invest in Roths. Your [Modified Adjusted Gross Income (MAGI)](https://www.google.com/search?q=Modified+Adjusted+Gross+Income+%28MAGI%29&sourceid=chrome&ie=UTF-8&ved=2ahUKEwiY09bnyoySAxUgmO4BHYKtDBQQgK4QegQIARAD&mstk=AUtExfBIBbVjRKoCg2mRLB_kbPrwxMheE_6KblyUe43spP7oC44tDo5V7Ulf9YGBHEm_DNlwwHYnMbSNjKeJL8vX34VPmt_NIkFu1vPSvGo1j5e7XAbU7JXIL_QP2kZaBHVm3xtHespW7lPlO6EjpUIJ8yV_6MC-2Rd-hXciREuKkmjA9A6K-YHfwtylY54hzpSB_cti4iMqQBGEuYaF78Ub4NA-0ksrn49NCPwUk74-8F2sO6wwWDqZOtMS71nLqSHdJtj0C3zAgazkErsyZUHMLTOQ-n1a4JEq6oZpLnHv-7stxA&csui=3) has to be under 252k. I think the first step is to put your money into liquid investments and just let it sit. S&P500, QQQ, VTI, pick your index fund.

UpsetKoalaBear

How does that make sense? Explain to me how Intel was turning a profit overall prior to IFS being spun out? Because those profit numbers also included DC and client chips alongside what they spent on their fab. It wasn’t as if they spun out IFS and suddenly their DC/Client chip sales fell off a cliff. Like implying they were somehow “haemorrhaging” money in their fabs beforehand IFS ignores that they were still profitable compared to when IFS was spun out and they started preparing for servicing external customers. The reason IFS has operated with a loss since its creation is because they were operating on an internal model. Their fabs were never designed with external customers in mind Now with IFS, they want to make chips for other companies. So they need to expand fab capacity, create new PDK’s that are easily usable by clients, create support teams to help clients create designs etc. That costs money, that’s why they only stayed reporting a loss as an entire company since IFS was split out. They’re also buying the newer High-NA EUV machines from ASML, meanwhile TSMC is still using their older machines for the time being whilst they evaluate High-NA EUV. Hence Intel’s losses look worse than them. So the losses aren’t because Intel can’t make money, but because the R&D, and under utilised capacity in order to set the company up for external customers are hitting the P&L during the fab build out in places like Arizona, Oregon, and Ireland.

Wh1sp3r5

Look at it in another way. Previous imports of American goods must be filled from somewhere else right? With increasing anti-US sentiment across the globe, that would have certainly helped. On top you have the whole renewables (China holds dominance on solar) and a lot of countries are quick to adopt it on national scale... Chinese EVs which hasn't hit NA but has everywhere else. Cheap household electronics (robot vacuums, TVs) to industrial (assembly robots) are some of their exports, again cheaper than alternatives offered by competition. Do I think the number is cooked? Probably yes. But the US is essentially isolating itself and paving the way for a larger-than-ever Sinosphere.

Voltthrower69

They could hold off on the tariffs of keep them until Donnie goes to CHY NA we’re he announces lowering or something while keeping all the others.

linux_lynx

PELI Links Acquisition Shell: https://pelicanacq.com/ "PELICAN ACQUISITION CORPORATION is a blank check company established with the primary purpose of facilitating a merger, share exchange, asset acquisition, share purchase, reorganization, or any other form of business combination with one or more businesses. The company's objective is to identify and engage in strategic partnerships or acquisitions that align with its vision of creating long-term value. PELICAN ACQUISITION CORPORATION’s efforts to identify a suitable target business are not restricted to any particular industry or geographic region, allowing for a broad and diverse range of potential opportunities. This flexibility enables PELICAN ACQUISITION CORPORATION to pursue high-potential ventures across various sectors and locations, ensuring a diverse and dynamic approach to its acquisition strategy." Acquisition Target: https://marchgl.com/ Drilling: https://stampededrilling.com/ Engineering: https://www.iptwellsolutions.com/ Logistics: https://www.halliburton.com/ Jan 12 8K with video link https://archive.fast-edgar.com/20260112/APZ2Q22CN222W2Z2222C2CZZMQ82O25SA282/ https://vimeo.com/1129242924?share=copy&fl=sv&fe=ci video features: Neel Duncan, Petrol Engineer; IPT Well Solutions (https://www.iptwellsolutions.com/neel-duncan-managing-direct/) Karim Rammal, Managing Director; Global Corporate Advisory, Think Equity (https://www.think-equity.com/team/karim-rammal) Charles Odom; Director of Global Logistics, Halliburton(https://www.linkedin.com/in/charles-odom-78402a1b/) (Left Halliburton to advise on logistics for the venture) Nick Steinsberger; Petroleum Engineer, https://www.pge.utexas.edu/alumnus/nick ("Nick was promoted to completion manager for the Barnett Shale in 1995 and was responsible for the first slick-water stimulation in the Barnett in 1997, which is referred to as the first modern shale frac.") Robert Price; March GL - Greenland Energy Company (Acquisition target) https://www.linkedin.com/in/robert-b-price-5999032a/ Casper Jansen, Greenland Logisitcs, Heavy Equipment Operations (This guy is unfindable on the internet) Jason Foreman, NA regional manager, Project Management, Halliburton, https://www.linkedin.com/in/jsforeman/ Terry Kuiper, COO of Stampede Drilling, https://stampededrilling.com/management-team/

Amazing_Bat_1498

They havent though ASML development of EUV litho followed this rough timeline: 1990's - First experiments Early 2000's - Micro-exposure tools late 2000's - ASML's Alpha Demo Tool mid 2010's - First "test" mass production tools Early 2020's - Ready for HVM China is currently on the Micro-exposure tool stage. I am not saying it will take 20 more years as china does have the advantage of copying and relying on ASML data, but still i would not call it promising at this point. We are at least 10 years away from china competing with current low EUV ASML machines and by then i would guess ASML has moved over to hyper NA-EUV machines set to be ready by 2030-2032. Also they have not shown any proof of concept. No one has seen their machine. Everything is hersay from chineese officials at this point. And if we go by what they are telling us, they are still way behind. This is not the type of technology you will be able to copy from simply hiring a couple of former ASML employees. You need the more than 5000 subcontracters and all the other employees at ASML. We are talking about machines weghing 180-200 tones and consisting of more than 100 000 different parts. It took them decades to make cars that are not the laughing stock of the world and still they have not been able to manufacture an airliner that is even close to Boeing or Airbus despite having access to the same subcontractors as Boeing and airbus. In this case they are cut from all the ASML suppliers because of export restrictions and this techonology is way more complex than anything that goes on in any type of airplane.

Amazing_Bat_1498

All those are bear cases yes, my response was to you saying that TSMC are looking to move away from ASML. One way or the other TSMC will need many more machines from ASML for their founderies under construction, if not High NA-EUV certainly low EUV. Also considering the backlog in demand for RAM and Chips these days i think it is safe to assume that demand for new ASML machines also will increase. All this is without taking in to account the surge in demand that is expected during the next years.

Bronze_Rager

"egardless will push them to buy more low EUV machines from ASML. This may however change for their a10 node that is due in 2029-2030 because at some point High NA-EUV will make sense as the number of extra masking steps will increase for making more dense chips, adding cost and at some point in time the cost of those extra masking steps will offset the cost of buying new High-NA-EUV machines." \-Yes, this is the case, if the entire tech industry is doing well with their AI. Its not guaranteed, although most signs point to AI being successful. There are always people who don't believe that and they have legitimacy in their case. Thats 2030, if all things go smoothly, which again, is in the future. And regardless, so what if TSMc just sustains for a brief period. Intel and samsung are so far behind that it doesn't matter if they focus on economics rather than R&D. I'm a huge Intel bear for full transparency btw, so if you're an intel bull, we're probably going to disagree on the fundamentals.

Bronze_Rager

"What they are saying is that for the time being they dont need High NA-EUV for A14-node and that they can make these nodes with low euv machines from ASML by using extra masking steps," \-Yes... That's a bear case for ASML... Again, if TSMc can develop extra process steps with similar results, that's a bear case for ASML.... How hard is it to understand that? That's literally in the title...

Amazing_Bat_1498

Move to who? You don’t know what you are talking about. It’s either ASML or nothing. They have monopoly in the EUV space and 99,999% market share in DUV machines for anything that requires semi-advanced chips. There is not a single person in TSMC that is saying they are looking to move away from ASML. What they are saying is that for the time being they dont need High NA-EUV for A14-node and that they can make these nodes with low euv machines from ASML by using extra masking steps, which regardless will push them to buy more low EUV machines from ASML. This may however change for their a10 node that is due in 2029-2030 because at some point High NA-EUV will make sense as the number of extra masking steps will increase for making more dense chips, adding cost and at some point in time the cost of those extra masking steps will offset the cost of buying new High-NA-EUV machines. If you can provide me a single source where TSMC says they are looking to move away from ASML I will shut up.

gizamo

No you didn't. You are either ignorantly or disingenuously misrepresenting that article. It is clearly a PR statement from TSMC that is directed at ASML to basically say, "your price is too high; bring it down, or we'll delay build out." It's telling that you didn't quote the very next lines from the article: > A key reason for TSMC’s delay in adoption could be the extreme price tag placed on the tools by monopoly supplier ASML Holding NV. The price of the high-NA EUV exposure machine is said to be about US$380 million or more than twice the approximately US$180 million of the previous generation lower-NA EUV machines. > TSMC has apparently calculated that it is more cost-efficient to use multiple patterning using low-NA EUVL and experience slightly longer dwell times in line. In addition, it will benefit from superior well-established yields using the current generation of equipment. Nothing in that entire article says that they are developing any alternatives. Instead, they are claiming that they'll use older, worse, and vastly larger technology while plainly stating that they're only doing that because of ASML pricing—with the obvious implication that if ASML lowers their pricing, TSMC will keep buying.

TomEpicure

This shit it bananas B-ANA-NA-S

Primary_Job_751

It’s been relatively stable around 40$ a share a while now up almost 100% for the year I bought in at 20$ and yes trumo tweets and drives up the price 10%. But every win I’ve ever made in the stock markets analysts crap on it until it turns around and the herd stil buying more Nvidia eventually catch on and the early investors win the most. AI is the nations security issue our time it’s the atom bomb and Chinese are the soviets.  The US can’t rely on any non domestic companies for military supply chains and Taiwan won’t be a great place to get chips for missiles and satellites when there’s war with China. The US has purchased a stake in Intel, it forced nvidia to do so as well, then you see TSMC suing Intel for hiring their former execs and stealing trade secrets and sends the price up.  Look I see the problems but the newest chips after EUV will be high-NA EUV and you know who the only company on earth is with the newest high NA chip fabs in their foundry? Intel. By 2030 the US will force TSMC into submission and purely for selfish political reasons ASML will go along with it as well. There is not much anyone can do if the us exerts maximum economic pressure when it views something as critical to national security. Then there’s the silicon used for these wafers that comes from one mine on earth, in north Carolina and TSMC won’t be getting a supply once China tries taking Taiwan,  it’s self destructive.  Intel will become a leader not even because it will have the best tech but because the global supply chain needs to make the most advanced chips is closing off parts of the world and countries are becoming selfish with their resources. No one country can make chips except for possibly the US.  ASML is global conglomerate that has like 5-60000 companies mostly only making one thing for one customer, ASML. Many of these companies will not be able to keep supplying ASML reliably because they either rely on dictators in the east for materials or are located there altogether. Globalism where you can cheaply ship items the world over is, well over. At least China and Russian are grabbing up their little spheres of influence to try to control and suddenly TSMC and ASML start having continuous covid like supply chain disruptions and we already know the response will be a heavy handed sanctioning of China with counter sanctions and China crumbles because it’s an export country that needs western markets to dump products and suddenly the whole system stops working. And this is what trumps return to the Monroe doctrine and Biden’s chips act was about we know this is coming. Michael Burry said the same thing, the worst we will see is losing a few years of chip advances that will catch back up with time and go back to the 2021 iPhone level at first. That’s what Intel is making the M1 chips. Now who does nvidia turn to? TSMC won’t be functional at least not for 5 years but Intel will.  These aren’t predictions as much as this is the western worlds plan globalization is over as China is running out of people and western countries lose consumers and Asian companies especially in Taiwan and China become impossible to access so you now see South Korea sucking up to China now announcing al kinds of partnerships, Japan is with the US. And Intel will be the only game in town because the US will not be helping anyone else make chips to destroy us with. I get what you think are intels problems but the global landscape is closing half the world to us. The west and the east will not be partners. The US won’t even need oil from the Middle East if we stop exporting the light sweet crude and refine it here. And we may have Venezuelan oil reserves in our hands soon too. Cuba is being beaten into submission without electricity provided by Venezuela oil that’s not available now. Hard to run a country in the dark, literally. These things the government are doing were planned for decades ago we knew the population collapses were coming. Without consumers in Europe we’re not interested in fighting their wars either. TSMC is so dependent on the us to protect their supply chain and we’re not just not able to anymore. Apple announcing they won’t be making new phones every year anymore, coincidence? Not really. New chips will take quite a while. If I’m wrong it wouldn’t even matter the political landscape is changing globally too. There is just no way foreign companies can be or will be trusted with the bleeding edge computing tech on a scale like TSMC that close to our greatest enemy anymore. It’s over. 

No-Society6627

As a non-EU person... we don't really care aout trump anymore. How you elected an demendet cheeto, that's on you. He did his shit, Now, we DO NOT CARE. America seems dead, you just don't know it yet. You don't seem to get it, NA is dead.

Amazing_Bat_1498

You are confusing terms. Skipping High NA-EUV machines means that they can continue to rely on ASMLs Low EUV machines to make their next generation of chips. Low EUV machines are ASMLs older generation of machines, their latest generation are called High NA-EUV. So what they are basically saying is that they dont need the newest machines as they can just use the old, not that they are making chips without lithography machines altogether, as that doesnt make any sense. Either way they will need way more EUV machines going forward and even if they may be able to skip High NA-EUV machines for their next generation they will sooner rather that later need to move to High NA-EUV when they move beyond the a14 node somwhere around 2028-2029.

Amazing_Bat_1498

Come on now this is absolute bullshit news curently. They have tried to copy DUV for decades and it is first now they are starting to get somwhere, even though their best DUV-machine are still miles of ASML best DUV machine. EUV is even more complicated. There is no way they wil have that prototype up and running before 2030-2035 which almost certainly will end up being worse than current low NA EUV machine by ASML as ASML has optimized their machines since 2018 in tight cooperation with their cutomers.. In addtion to this ASML will most likely have moved to hyper NA-EUV by that point. Also even if they were to develop machines able to compete with ASML there is no way in hell western hemisphere ig going to accept being dependent on China for such critical tech.

Historical_Air_8997

To add to the other guys comment and yours: it took china years (maybe decades) to come up with this prototype, and that’s with ex-ASML engineers reverse engineering an actual ASML machine. That took YEARS to back engineer an actual machine using engineers that built it in the first place. Anyway that should still put them on a faster track than AsML had. China is estimating this prototype to produce its first working chip in 2028 (experts are suggesting 2030 at the earliest). So “working prototype” but still needs 2 years to make a working product. Then they’ll have to begin scaling and tuning. I haven’t seen any solid sources on Chinas EUV machine prototype’s like quality. Is it going to match ASMLs next “hyper NA” model? Is it even going to match asmls current model or is it an older one? It seems to me that at BEST China is still 12 years behind ASML maybe more if their prototype is like one of asml’s first models