Added to YB: 2026-07-31
Pitch date: 2026-07-29
2337.TW [neutral]
Macronix International Co., Ltd.
-4.18%
current return
Author Info
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Company Info
Macronix International Co., Ltd. engages in the design, manufacture, and supply of integrated circuits and memory chips.
Market Cap
TWD 196.8B
Pitch Price
TWD 95.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.67
P/E
23.53
EV/Sales
N/A
Sector
Semiconductors and Semiconductor Equipment
Category
turnaround
Macronix: My Take on 26Q2 Earnings
2337.TW (earnings): Q2 rev nearly doubled QoQ, GM +24pts to 64.4% (high 70s now), best quarter ever vs loss YoY. NAND/eMMC now 43% of mix (13% a year ago), driven by ASP not inventory reversal; Q3 pricing/orders support margins. Mgmt targets 80% GM. 3D NAND capacity opens 2027 (depreciation starts then, <2yr payback). Moats: only ESA-validated space flash, rising NOR content per NVIDIA GPU gen. Deliberate customer diversification (no acct near 20%), rejects stockpiling. Runway 1-2yrs before majors compete.
Read full article (8 min)