- The company is benefiting from a number of positives, like the IoT market taking off, increasing electronic content in cars, a USB-C explosion, and very strong memory prices.
- It is also still increasing capacity utilization at its Fab 25, increasing gross margins.
- The company shows strong leverage and produces copious amounts of free cash flow.
- We think the good times will last for another 18 months at least before the first clouds might appear, like increasing CapEx needs.
Cypress 3.0 Is Working Very Well
April 24th, 2018 · No Comments