Beats / 99 priced constituents
hardware
An equal-weight index of the priced names on this beat, rebuilt every Friday from the constituents that were actually in it.
299.0+1.7%base 100 · to 2026-09-11
This week
Up most
- Skyworks Solutions+19.4%
- MaxLinear+18.9%
- Qorvo+13.4%
- Semtech+13.1%
- FormFactor+10.6%
Down most
- Cerebras Systems-8.6%
- Wolfspeed-8.6%
- indie Semiconductor-6.9%
- NVIDIA-5.2%
- Tower Semiconductor-4.9%
What happened
| Date | Type | What happened | Source |
|---|---|---|---|
| 2026-09-05 | editorial note | Capex figure revised: $52 → $846.76BCapex moved from $52 (deep-dive-2026-07-24-q3-guide-verification.md) to $846.76B (deep-dive-2026-09-05-refresh.md). | dossier |
| 2026-09-05 | editorial note | Revenue figure revised: 40% → $1,270.38 billionRevenue moved from 40% (deep-dive-2026-07-24-q3-guide-verification.md) to $1,270.38 billion (deep-dive-2026-09-05-refresh.md). | dossier |
| 2026-09-05 | editorial note | Verdict changed: (no verdict) → The Q2 beat was not a peak — July revenue accelerated to +44.7% YoY, the board appropriated a single-tranche US$29.4B of capacity capital, and H1 capex now clears the …Before (deep-dive-2026-07-24-q3-guide-verification.md): (no verdict) After (deep-dive-2026-09-05-refresh.md): The Q2 beat was not a peak — July revenue accelerated to +44.7% YoY, the board appropriated a single-tranche US$29.4B of capacity capital, and H1 capex now clears the primary bar at US$26.8B. The thesis is unchanged and better evidenced; the only thing that moved against it is the tape, which is ~2% below the 2026-07-09 price after a beat. | dossier |
Dated ahead
| Date | Company | Period | Firmness |
|---|---|---|---|
| 2026-09-30 | Micron MU | FY26-Q4 | confirmed |
| 2026-09-30 | Micron MU | FY26-Q4 | confirmed |
| 2026-10-07 | Penguin Solutions PENG | 2026-Q3 | expected |
| 2026-10-08 | TSMC TSM | 2026-M10 | expected |
| 2026-10-15 | TSMC TSM | 2026-Q3 | expected |
| 2026-10-22 | Texas Instruments TXN | 2026-Q3 | expected |
| 2026-10-23 | Amphenol APH | 2026-Q3 | expected |
| 2026-10-23 | Intel INTC | 2026-Q3 | expected |
| 2026-10-23 | MaxLinear MXL | 2026-Q3 | expected |
| 2026-10-27 | SK Hynix 000660.KS | 2026-Q3 | expected |
| 2026-10-28 | Amkor Technology AMKR | 2026-Q3 | expected |
| 2026-10-28 | Cadence Design Systems CDNS | 2026-Q3 | expected |
| 2026-10-28 | NXP Semiconductors NXPI | 2026-Q3 | expected |
| 2026-10-28 | Qorvo QRVO | 2026-Q3 | expected |
| 2026-10-28 | Rambus RMBS | 2026-Q3 | expected |
| 2026-10-28 | Ultra Clean Holdings UCTT | 2026-Q3 | expected |
| 2026-10-29 | FormFactor FORM | 2026-Q3 | expected |
| 2026-10-29 | Impinj PI | 2026-Q3 | expected |
| 2026-10-29 | KLA Corporation KLAC | 2026-Q3 | expected |
| 2026-10-29 | Lam Research LRCX | 2026-Q3 | expected |