August 7, 2025 11:39 PM GMT Global Semiconductors | Asia Pacific Are Semi Tariff (Section 232) Concerns Now Behind Us? This tariff news would appear to be a significant relief for TSMC and Samsung, which should get tariff exemptions with positive implications for tech spending/demand and US SPE given higher capital intensity. We view it as a mixed bag for IDM players and non-US manufacturing exposures. What happened? At a White House press conference discussing the newly announced American Manufacturing Pro ...

consensus EPS Source: Company data, Morgan Stanley Research August 7, 2025 04:48 PM GMT Hua Hong Semiconductor Ltd | Asia Pacific Strong guidance driven by recent price hike and high UTR; EW Reaction to earnings Unchanged Modest upside Modest revision higher Impact to our thesis Financial results versus consensus Direction of next 12-month Hua Hong started to raise 12-inch wafer pricing. However, we still have concerns about its rising depreciation burden and pricing pressure in 8-inch wafers. The stock loo ...