Counterpoint Research

𝗖𝗼𝘂𝗻𝘁𝗲𝗿𝗽𝗼𝗶𝗻𝘁 𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻𝘀: 𝗤𝘂𝗮𝗹𝗰𝗼𝗺𝗺 𝗕𝗿𝗶𝗻𝗴𝘀 𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗥𝗼𝗯𝗼𝘁𝗶𝗰𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝖠𝗍 @Qualcomm’𝗌 𝖨𝗈𝖳 𝖣𝖺𝗒, 𝖢𝗈𝗎𝗇𝗍𝖾𝗋𝗉𝗈𝗂𝗇𝗍’𝗌 𝖠𝗌𝗌𝗈𝖼𝗂𝖺𝗍𝖾 𝖣𝗂𝗋𝖾𝖼𝗍𝗈𝗋 𝖦𝗋𝖾𝗀 𝖡𝖺𝗌𝗂𝖼𝗁 (@GregBasichSA) 𝗌𝗉𝗈𝗄𝖾 𝗐𝗂𝗍𝗁 𝖠𝗇𝗌𝗁𝗎𝗆𝖺𝗇 𝖲𝖺𝗑𝖾𝗇𝖺 (@anshuman_saxena), 𝖵𝖯 & 𝖦𝖬 𝗈𝖿 𝖱𝗈𝖻𝗈𝗍𝗂𝖼𝗌 𝖺𝗇𝖽 𝖠𝖣𝖠𝖲 𝖺𝗍 𝖰𝗎𝖺𝗅𝖼𝗈𝗆𝗆, 𝖺𝖻𝗈𝗎𝗍 𝗍𝖺𝗄𝗂𝗇𝗀 𝗆𝗈𝗋𝖾 𝗍𝗁𝖺𝗇 𝖺 𝖽𝖾𝖼𝖺𝖽𝖾 𝗈𝖿 𝖺𝗎𝗍𝗈𝗆𝗈𝗍𝗂𝗏𝖾 𝖺𝗎𝗍𝗈𝗇𝗈𝗆𝗒 𝗐𝗈𝗋𝗄 𝗂𝗇𝗍𝗈 𝗋𝗈𝖻𝗈𝗍𝗂𝖼𝗌. 𝖳𝗁𝖾 𝖼𝗈𝗇𝗏𝖾𝗋𝗌𝖺𝗍𝗂𝗈𝗇 𝖿𝗈𝖼𝗎𝗌𝖾𝗌 𝗈𝗇 𝗁𝗈𝗐 𝗉𝗁𝗒𝗌𝗂𝖼𝖺𝗅 𝖠𝖨 𝗂𝗌 𝗍𝗁𝖾 𝗅𝗂𝗇𝗄 𝖻𝖾𝗍𝗐𝖾𝖾𝗇 𝖼𝖺𝗋𝗌 𝖺𝗇𝖽 𝗋𝗈𝖻𝗈𝗍𝗌, 𝖺𝗇𝖽 𝗐𝗁𝗒 𝗍𝗁𝖾 𝗋𝗈𝖻𝗈𝗍𝗂𝖼𝗌 𝗉𝗋𝗈𝖻𝗅𝖾𝗆 𝗂𝗌 𝗆𝗈𝗋𝖾 𝖼𝗈𝗆𝗉𝗅𝖾𝗑. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: • 𝖠𝖣𝖠𝖲 𝗀𝖺𝗏𝖾 𝖰𝗎𝖺𝗅𝖼𝗈𝗆𝗆 𝗍𝗁𝖾 𝖻𝗎𝗂𝗅𝖽𝗂𝗇𝗀 𝖻𝗅𝗈𝖼𝗄𝗌: 𝗌𝖺𝖿𝖾𝗍𝗒, 𝗌𝖾𝗇𝗌𝗂𝗇𝗀, 𝖽𝖺𝗍𝖺 𝗅𝗈𝗈𝗉𝗌 𝖺𝗇𝖽 𝗍𝗋𝖺𝗂𝗇𝗂𝗇𝗀 𝗋𝖾𝖼𝗂𝗉𝖾𝗌 • 𝖱𝗈𝖻𝗈𝗍𝗌 𝗐𝗈𝗋𝗄 𝗂𝗇 𝗎𝗇𝗌𝗍𝗋𝗎𝖼𝗍𝗎𝗋𝖾𝖽 𝗌𝗉𝖺𝖼𝖾𝗌, 𝗐𝗁𝖾𝗋𝖾 𝖺 𝗌𝗍𝗈𝗋𝖾 𝖿𝗅𝗈𝗈𝗋 𝖼𝖺𝗇 𝖼𝗁𝖺𝗇𝗀𝖾 𝗐𝗂𝗍𝗁𝗂𝗇 𝗁𝗈𝗎𝗋𝗌 • 𝖤𝗏𝖾𝗋𝗒 𝗋𝗈𝖻𝗈𝗍 𝗍𝗒𝗉𝖾 𝖺𝗇𝖽 𝖻𝗎𝗌𝗂𝗇𝖾𝗌𝗌 𝗐𝗈𝗋𝗄𝖿𝗅𝗈𝗐 𝗂𝗌 𝖽𝗂𝖿𝖿𝖾𝗋𝖾𝗇𝗍, 𝗌𝗈 𝗉𝗅𝖺𝗍𝖿𝗈𝗋𝗆𝗌 𝗁𝖺𝗏𝖾 𝗍𝗈 𝗐𝗈𝗋𝗄 𝖺𝖼𝗋𝗈𝗌𝗌 𝗆𝖺𝗇𝗒 𝗄𝗂𝗇𝖽𝗌 𝗈𝖿 𝗋𝗈𝖻𝗈𝗍𝗌 𝗪𝗮𝘁𝗰𝗵 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝘃𝗶𝗱𝗲𝗼 𝗵𝗲𝗿𝗲: youtube.com/watch?v=Vux42Pgx… 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗮𝗻𝗮𝗹𝘆𝘀𝘁 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗼𝗻 𝗤𝘂𝗮𝗹𝗰𝗼𝗺𝗺’𝘀 𝗽𝘂𝘀𝗵 𝗳𝗿𝗼𝗺 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗶𝗻𝘁𝗼 𝗿𝗼𝗯𝗼𝘁𝗶𝗰𝘀 𝗵𝗲𝗿𝗲: counterpointresearch.com/en/… 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗻 𝗵𝗼𝘄 𝗤𝘂𝗮𝗹𝗰𝗼𝗺𝗺 𝗶𝘀 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗿𝗼𝗯𝗼𝘁𝗶𝗰𝘀 𝗶𝗻𝘁𝗼 𝗶𝘁𝘀 𝗻𝗲𝘅𝘁 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗴𝗿𝗼𝘄𝘁𝗵 𝗲𝗻𝗴𝗶𝗻𝗲: counterpointresearch.com/en/… 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗶𝗻𝗴 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝗰𝗮𝗻 𝗮𝗰𝗰𝗲𝘀𝘀 𝗼𝘂𝗿 𝗛𝘂𝗺𝗮𝗻𝗼𝗶𝗱 𝗥𝗼𝗯𝗼𝘁𝗶𝗰𝘀 𝗦𝗵𝗶𝗽𝗺𝗲𝗻𝘁 𝗧𝗿𝗮𝗰𝗸𝗲𝗿 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗵𝗲𝗿𝗲: counterpointresearch.com/en/… #Qualcomm #Dragonwing #Robotics #PhysicalAI #ADAS #AutonomousSystems #EdgeAI $QCOM

𝗡𝗩𝗜𝗗𝗜𝗔 𝗔𝗳𝘁𝗲𝗿 𝗝𝗲𝗻𝘀𝗲𝗻 𝗛𝘂𝗮𝗻𝗴: 𝗙𝗶𝘃𝗲 𝗧𝗵𝗶𝗻𝗴𝘀 𝘁𝗼 𝗪𝗮𝘁𝗰𝗵 𝗕𝗲𝘆𝗼𝗻𝗱 𝘁𝗵𝗲 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝗖𝗵𝗮𝗻𝗴𝗲 @JensenHuang's departure as @nvidia CEO marks a significant moment for the AI industry. Beyond the leadership transition, there is uncertainty surrounding NVIDIA's strategic direction, global AI infrastructure investments and the increasingly complex geopolitics of semiconductors. We believe it is going to be an inflection point for the entire AI value chain. 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝗳𝗶𝘃𝗲 𝘁𝗵𝗶𝗻𝗴𝘀 𝗼𝘂𝗿 𝗮𝗻𝗮𝗹𝘆𝘀𝘁𝘀 𝗮𝗿𝗲 𝘄𝗮𝘁𝗰𝗵𝗶𝗻𝗴. • 𝗧𝗵𝗲 𝗻𝗲𝗮𝗿-𝘁𝗲𝗿𝗺 𝗿𝗼𝗮𝗱𝗺𝗮𝗽 𝗿𝗲𝗺𝗮𝗶𝗻𝘀 𝗶𝗻𝘁𝗮𝗰𝘁: NVIDIA's engineering pipeline, from Blackwell to Vera Rubin, provides strong product visibility over the next 18–24 months. However, its longer-term strategic direction will depend on the vision and priorities of permanent leadership. • 𝗧𝗵𝗲 𝗹𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽 𝘃𝗮𝗰𝘂𝘂𝗺: Huang has been central to NVIDIA's strategy, ecosystem development and relationships with key technology partners. The transition raises questions about continuity in strategic decision-making and long-term execution. • 𝗢𝗿𝗴𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗙𝗿𝗶𝗰𝘁𝗶𝗼𝗻 & 𝗥𝗲𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗥𝗶𝘀𝗸: NVIDIA’s founder-led structure, with several senior executives reporting directly to Jensen Huang, could face a shift as leadership evolves. A move towards a more layered management structure may test internal dynamics and increase the risk of senior talent departures. • 𝗘𝘅𝗽𝗼𝗿𝘁 𝗰𝗼𝗻𝘁𝗿𝗼𝗹𝘀 𝗮𝗿𝗲 𝗲𝗻𝘁𝗲𝗿𝗶𝗻𝗴 𝗮 𝗻𝗲𝘄 𝗽𝗵𝗮𝘀𝗲: US restrictions are increasingly extending beyond physical chip shipments to access to advanced computing capacity through overseas data centers. This could put additional scrutiny on regional AI infrastructure hubs. • 𝗖𝗵𝗶𝗻𝗮'𝘀 𝘀𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗰𝗼𝘂𝗹𝗱 𝗮𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗲: Excluding Chinese companies from advanced US technology could further encourage domestic alternatives. Local players such as Huawei, SMIC, CXMT and YMTC could benefit from increased domestic demand and investment. 𝗧𝗵𝗲 𝗔𝗜 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗵𝗮𝘀 𝗳𝗼𝗹𝗹𝗼𝘄𝗲𝗱 𝗝𝗲𝗻𝘀𝗲𝗻’𝘀 𝗿𝗵𝘆𝘁𝗵𝗺 𝗳𝗼𝗿 𝘆𝗲𝗮𝗿𝘀. 𝗪𝗵𝗮𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝘀 𝘄𝗵𝗲𝗻 𝘁𝗵𝗮𝘁 𝗿𝗵𝘆𝘁𝗵𝗺 𝗰𝗵𝗮𝗻𝗴𝗲𝘀? 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘁𝗼 𝗳𝗶𝗻𝗱 𝗼𝘂𝘁: counterpointresearch.com/en/… 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗶𝗻𝗴 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝗰𝗮𝗻 𝗮𝗰𝗰𝗲𝘀𝘀 𝗼𝘂𝗿 𝗚𝗹𝗼𝗯𝗮𝗹 𝗖𝗹𝗼𝘂𝗱 𝗔𝗜 𝗚𝗣𝗨, 𝗖𝗣𝗨 𝗮𝗻𝗱 𝗖𝗼𝗺𝗽𝘂𝘁𝗲 𝗔𝗦𝗜𝗖 𝗥𝗲𝗽𝗼𝗿𝘁 𝗵𝗲𝗿𝗲: counterpointresearch.com/en/… #NVIDIA #AI #Semiconductors #AIEcosystem #SupplyChain #ExportControls $NVDA

𝗦𝗮𝗺𝘀𝘂𝗻𝗴 & 𝗚𝗼𝗼𝗴𝗹𝗲 𝗝𝗼𝗶𝗻 𝗔𝗜 𝗚𝗹𝗮𝘀𝘀𝗲𝘀 𝗥𝗮𝗰𝗲, 𝗕𝗲𝘁𝘁𝗶𝗻𝗴 𝗼𝗻 𝗙𝗼𝗰𝘂𝘀 𝗢𝘃𝗲𝗿 𝗦𝗰𝗮𝗹𝗲 @Samsung and @Google have entered the AI glasses market with a focused launch strategy, initially targeting the US and South Korea through eyewear-focused partners @WarbyParker and @_GentleMonster_. Available starting December 10, 2026, the collections combine nine frame designs and 30 variations. Warby Parker’s $395 starting price sits below @ray_ban @Meta Gen 3’s $449 entry price. Gentle Monster’s $449–$489 range targets consumers willing to pay more for design and brand appeal. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀:   • Both Samsung’s and Meta’s glasses are powered by @Qualcomm’s @Snapdragon AR 1 Gen 1 platform; Qualcomm’s share of the AI glasses chipset market is likely to exceed 90% following the launch.   • Gemini’s responsiveness, accuracy and conversational capabilities will be critical to attracting users, building lasting usage habits and generating word-of-mouth recommendations.   • Samsung is also positioning privacy as a differentiator, with an obstruction-protected recording indicator, automatic bystander face redaction and a commitment not to use Gemini-collected visual data for AI training or targeted advertising, addressing a key barrier to smart glasses adoption. 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘁𝗼 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘄𝗵𝘆 𝗦𝗮𝗺𝘀𝘂𝗻𝗴 𝗮𝗻𝗱 𝗚𝗼𝗼𝗴𝗹𝗲 𝗮𝗿𝗲 𝘁𝗮𝗸𝗶𝗻𝗴 𝗮 𝗺𝗲𝗮𝘀𝘂𝗿𝗲𝗱 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵 𝘁𝗼 𝗔𝗜 𝗴𝗹𝗮𝘀𝘀𝗲𝘀: counterpointresearch.com/en/… 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗶𝗻𝗴 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝗰𝗮𝗻 𝗮𝗰𝗰𝗲𝘀𝘀 𝗼𝘂𝗿 “𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗺𝗮𝗿𝘁 𝗚𝗹𝗮𝘀𝘀𝗲𝘀 𝗖𝗼𝘂𝗻𝘁𝗿𝘆 𝗦𝗵𝗶𝗽𝗺𝗲𝗻𝘁𝘀 𝗧𝗿𝗮𝗰𝗸𝗲𝗿” 𝗵𝗲𝗿𝗲: counterpointresearch.com/cn/… 𝗔𝗹𝘀𝗼 𝗿𝗲𝗮𝗱: 𝗚𝗹𝗼𝗯𝗮𝗹 𝗔𝗜 𝗚𝗹𝗮𝘀𝘀𝗲𝘀 𝗦𝗵𝗶𝗽𝗺𝗲𝗻𝘁𝘀 𝗦𝘂𝗿𝗴𝗲 𝟮𝟲𝟯% 𝗬𝗼𝗬 𝗶𝗻 𝗛𝟭 𝟮𝟬𝟮𝟲: counterpointresearch.com/cn/… #Samsung #Google #AIGlasses #SmartGlasses #GeminiAI #Qualcomm #RayBanMeta

𝗦𝘂𝗿𝘃𝗲𝘆: 𝗣𝗿𝗼𝗰𝗲𝘀𝘀𝗼𝗿 𝗮𝗻𝗱 𝗖𝗮𝗺𝗲𝗿𝗮 𝗧𝗼𝗽 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗣𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝗲𝘀 𝗗𝗲𝘀𝗽𝗶𝘁𝗲 𝗥𝗶𝘀𝗶𝗻𝗴 𝗦𝗺𝗮𝗿𝘁𝗽𝗵𝗼𝗻𝗲 𝗣𝗿𝗶𝗰𝗲𝘀 As smartphone prices climb, consumers may be willing to spend more, but they aren't willing to compromise on the features that matter most. Processor performance and camera quality are increasingly taking centre stage. Interestingly, priorities differ by gender. While men place processor performance first (34%), women prioritize camera quality (32%). 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀:   • Processor (35%) and Camera (29%) are the two top-most important parameters influencing consumers’ smartphone choices.   • Importance of the processor as a key purchase factor increased to 86%, strengthened compared to last year (78%).   • @MediaTek's NPS increased by 20 points, with high satisfaction with overall performance (59%), followed by gaming experience (55%) and battery efficiency (51%). 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘁𝗼 𝘂𝗻𝗰𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗳𝗮𝗰𝘁𝗼𝗿𝘀 𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝘀𝗺𝗮𝗿𝘁𝗽𝗵𝗼𝗻𝗲 𝗽𝘂𝗿𝗰𝗵𝗮𝘀𝗲 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀: counterpointresearch.com/en/… #ConsumerInsights #SmartphoneTrends #MobilePhotography #IndiaSmartphoneMarket #ConsumerSurvey

𝗧𝗲𝘀𝘁-𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗡𝗩𝗜𝗗𝗜𝗔'𝘀 𝗟𝟮++ 𝗛𝘆𝗽𝗲𝗿𝗶𝗼𝗻 𝗔𝗩 𝗦𝘁𝗮𝗰𝗸: 𝗔 𝗠𝗲𝗿𝗰𝗲𝗱𝗲𝘀 𝗖𝗟𝗔 𝗥𝗶𝗱𝗲 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗕𝗲𝗿𝗹𝗶𝗻 Autonomous driving is entering a new phase, with the industry increasingly shifting towards vision-first, foundation model-driven end-to-end (E2E) architectures. At @nvidia GTC Berlin, our VP of Research, Neil Shah (@neil_shah) , got a live demonstration of NVIDIA’s latest Level 2++ Hyperion driving stack, offering a glimpse into how this technology handles complex, real-world urban driving scenarios, navigating dense traffic and busy city streets. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: • One car, two brains. The Alpamayo AI model does almost all the driving, and a rule-based safety system Halo OS checks every move it makes. • No lidar, no HD maps. Cameras and radar plus a normal navigation map are enough for city driving. That’s what makes it affordable on a CLA. • It learned Germany fast. The same software that drives in San Francisco handled near-side traffic lights and “rechts vor links” in Berlin. • It reads the street. Hazard lights, open cargo doors, double-parked vans: it planned around them early and smoothly. • The real test is the monetization. The tech is ready. Whether drivers pay $50 to $100 per month is the open question. At least it works for @Tesla, @GM to some extent. 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝗵𝗼𝘄 𝗡𝗩𝗜𝗗𝗜𝗔 𝗮𝗻𝗱 𝗠𝗲𝗿𝗰𝗲𝗱𝗲𝘀-𝗕𝗲𝗻𝘇 𝗮𝗿𝗲 𝗯𝗿𝗶𝗻𝗴𝗶𝗻𝗴 𝗔𝗜-𝗽𝗼𝘄𝗲𝗿𝗲𝗱 𝗮𝘂𝘁𝗼𝗻𝗼𝗺𝘆 𝗰𝗹𝗼𝘀𝗲𝗿 𝘁𝗼 𝗿𝗲𝗮𝗹𝗶𝘁𝘆: counterpointresearch.com/en/… 𝗪𝗮𝘁𝗰𝗵 𝗵𝗼𝘄 𝗡𝗩𝗜𝗗𝗜𝗔’𝘀 𝗟𝟮++ 𝗛𝘆𝗽𝗲𝗿𝗶𝗼𝗻 𝘀𝘁𝗮𝗰𝗸 𝗻𝗮𝘃𝗶𝗴𝗮𝘁𝗲𝘀 𝘁𝗵𝗲 𝘀𝘁𝗿𝗲𝗲𝘁𝘀 𝗼𝗳 𝗕𝗲𝗿𝗹𝗶𝗻 𝗶𝗻 𝗮 𝗠𝗲𝗿𝗰𝗲𝗱𝗲𝘀 𝗖𝗟𝗔: youtube.com/watch?v=V-6OvNwE… #NVIDIA #MercedesBenz #AutonomousDriving #ADAS #SoftwareDefinedVehicles #Hyperion #SelfDrivingCars

𝗶𝗣𝗵𝗼𝗻𝗲 𝗗𝘂𝗼 𝗣𝗿𝗲-𝗢𝗿𝗱𝗲𝗿 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁𝘀 𝗳𝗿𝗼𝗺 𝗨𝗦 𝗖𝗮𝗿𝗿𝗶𝗲𝗿𝘀 𝗔𝗿𝗲 𝗟𝗼𝘄𝗲𝗿 𝗧𝗵𝗮𝗻 𝗘𝘅𝗽𝗲𝗰𝘁𝗲𝗱 US carriers are offering up to $1,200 off the $1,999.99 iPhone Duo, which covers only about half the price and is far less than other foldable launches this year. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: • Even with the best deal, @Apple iPhone Duo buyers pay at least $800, and most top offers require a trade-in, a premium plan and a 36-month commitment. • @Verizon gave every other foldable this year a bigger launch discount than the iPhone Duo. • Carrier "free" launch offers went to @SamsungMobileUS and @Motorola, pointing to OEM co-funding, not retail price, as the driver of the largest subsidies. The full brief includes Promotion Index Scores and the discount terms for all five major US carriers. 𝗚𝗲𝘁 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗯𝗿𝗶𝗲𝗳: counterpointresearch.com/en/… 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗳𝗿𝗼𝗺 𝗼𝘂𝗿 𝗨𝗦 𝗦𝗺𝗮𝗿𝘁𝗽𝗵𝗼𝗻𝗲 𝗣𝗿𝗼𝗺𝗼𝘁𝗶𝗼𝗻𝘀 𝗧𝗿𝗮𝗰𝗸𝗲𝗿 & 𝗜𝗻𝗱𝗲𝘅: counterpointresearch.com/en/… #iPhoneDuo #Foldables #Smartphones #Carriers #CounterpointResearch $AAPL

𝗦𝗺𝗮𝗿𝘁𝗽𝗵𝗼𝗻𝗲 𝗢𝗟𝗘𝗗 𝗠𝗮𝗿𝗸𝗲𝘁 𝗙𝗮𝗰𝗲𝘀 𝟮𝟬𝟮𝟲 𝗦𝗹𝘂𝗺𝗽, 𝗯𝘂𝘁 𝗙𝗼𝗹𝗱𝗮𝗯𝗹𝗲 𝗗𝗶𝘀𝗽𝗹𝗮𝘆𝘀 𝗦𝘂𝗿𝗴𝗲 𝗢𝘃𝗲𝗿 𝟮𝟯% Global OLED smartphone panel shipments are set to fall nearly 3% YoY in 2026 as the memory supply crisis and rising production costs weigh on demand. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: • Shipments are forecast to drop from 894M units in 2025 to 829M in 2026, then recover to 858M by 2028. • Foldable/rollable OLED panels will grow 23%+ YoY, while rigid OLED falls 24%. LTPO will pass 50% of flexible OLED shipments. • @SamsungDisplay keeps the lead, while LG Display and @BoeTechnology gain ground through @Apple. New power-efficient panels from Tianma Microelectronics, BOE and SDC could support premium pricing. 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗽𝗿𝗲𝘀𝘀 𝗿𝗲𝗹𝗲𝗮𝘀𝗲: counterpointresearch.com/en/… 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗳𝗿𝗼𝗺 𝗼𝘂𝗿 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗱 𝗦𝗺𝗮𝗿𝘁𝗽𝗵𝗼𝗻𝗲 𝗗𝗶𝘀𝗽𝗹𝗮𝘆 𝗦𝗵𝗶𝗽𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗥𝗲𝗽𝗼𝗿𝘁: counterpointresearch.com/en/… #OLED #Smartphones #Foldables #DisplayTech #CounterpointResearch

𝗡𝗼𝗿𝘄𝗮𝘆'𝘀 𝗔𝗜 𝗚𝗹𝗮𝘀𝘀𝗲𝘀 𝗕𝗮𝗻: 𝗪𝗶𝗹𝗹 𝗣𝗿𝗶𝘃𝗮𝗰𝘆 𝗖𝗼𝗻𝗰𝗲𝗿𝗻𝘀 𝗣𝘂𝘁 𝘁𝗵𝗲 𝗕𝗿𝗮𝗸𝗲𝘀 𝗼𝗻 𝗚𝗿𝗼𝘄𝘁𝗵? Norway’s proposed temporary ban on AI glasses in selected public spaces has put privacy at the centre of the smart glasses debate. We believe it reflects a broader shift towards tighter oversight of camera-equipped glasses, although the regulatory response remains fragmented rather than moving towards a global ban. This evolving debate was also featured in @mobileworldlive, in an article by Amiya Johar, and our analyst Flora Tang (@tang_flora) cited Counterpoint Research's market data and insights. We don't expect this ban to derail the category's growth. 𝗛𝗲𝗿𝗲'𝘀 𝘄𝗵𝗮𝘁 𝗼𝘂𝗿 𝗮𝗻𝗮𝗹𝘆𝘀𝘁𝘀 𝗮𝗿𝗲 𝘄𝗮𝘁𝗰𝗵𝗶𝗻𝗴: • 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝘀𝗰𝗿𝘂𝘁𝗶𝗻𝘆 𝗶𝘀 𝘀𝗽𝗿𝗲𝗮𝗱𝗶𝗻𝗴: Restrictions on camera-equipped AI glasses are emerging across markets, including the U.S., Australia, the U.K., South Korea and Singapore, reflecting growing concerns around privacy, covert recording and surveillance. • 𝗚𝗿𝗼𝘄𝘁𝗵 𝗿𝗲𝗺𝗮𝗶𝗻𝘀 𝘀𝘁𝗿𝗼𝗻𝗴, 𝗯𝘂𝘁 𝗽𝗿𝗶𝘃𝗮𝗰𝘆 𝗶𝘀 𝗮 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲: Low market penetration, improving AI capabilities and hardware advancements will support near-term growth. Annual shipments could exceed 50 million units in the coming years, but privacy concerns could hinder mainstream adoption. • 𝗢𝗘𝗠𝘀 𝗺𝗮𝘆 𝗻𝗲𝗲𝗱 𝗮 𝗱𝘂𝗮𝗹-𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆: Recording indicators and camera-free models, such as @ray_ban Meta Audio, offer ways to address privacy concerns. We believe manufacturers should offer both camera-equipped and camera-free products to cater to different consumer preferences. • 𝗠𝗲𝘁𝗮'𝘀 𝗱𝗼𝗺𝗶𝗻𝗮𝗻𝗰𝗲 𝗿𝗲𝗺𝗮𝗶𝗻𝘀 𝗹𝗮𝗿𝗴𝗲𝗹𝘆 𝘂𝗻𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝗱: @Meta accounted for over 90% of the global AI glasses market in H1 2026. We expect it to maintain its lead through 2026 and into 2027, until @Google and @Apple enter the category. 𝗥𝗲𝗮𝗱 𝗠𝗼𝗯𝗶𝗹𝗲 𝗪𝗼𝗿𝗹𝗱 𝗟𝗶𝘃𝗲'𝘀 𝗰𝗼𝘃𝗲𝗿𝗮𝗴𝗲 𝗵𝗲𝗿𝗲: mobileworldlive.com/devices/… 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗔𝗜 𝗚𝗹𝗮𝘀𝘀𝗲𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗵𝗲𝗿𝗲: counterpointresearch.com/en/… #AIGlasses #SmartGlasses #Privacy #Wearables

𝗖𝗼𝘂𝗻𝘁𝗲𝗿𝗽𝗼𝗶𝗻𝘁 𝗪𝗲𝗲𝗸𝗹𝘆 𝗠𝗲𝗱𝗶𝗮 𝗦𝗽𝗼𝘁𝗹𝗶𝗴𝗵𝘁 (𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟑𝟏 – 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟲, 𝟮𝟬𝟮𝟲) 𝖥𝗋𝗈𝗆 𝖨𝗇𝖽𝗂𝖺’𝗌 𝗇𝖾𝗈𝖼𝗅𝗈𝗎𝖽 𝖻𝗈𝗈𝗆 𝗍𝗈 𝖺 𝗌𝗆𝖺𝗋𝗍𝗉𝗁𝗈𝗇𝖾 𝗆𝖺𝗋𝗄𝖾𝗍 𝗁𝗂𝗍𝗍𝗂𝗇𝗀 𝖺 𝟣𝟦-𝗒𝖾𝖺𝗋 𝗅𝗈𝗐 𝗈𝗇 𝗆𝖾𝗆𝗈𝗋𝗒 𝖼𝗈𝗌𝗍𝗌, 𝖢𝗈𝗎𝗇𝗍𝖾𝗋𝗉𝗈𝗂𝗇𝗍 𝗋𝖾𝗌𝖾𝖺𝗋𝖼𝗁 𝖺𝗇𝖽 𝖺𝗇𝖺𝗅𝗒𝗌𝗍𝗌 𝖿𝖾𝖺𝗍𝗎𝗋𝖾𝖽 𝖺𝖼𝗋𝗈𝗌𝗌 𝗍𝗈𝗉 𝗀𝗅𝗈𝖻𝖺𝗅 𝗆𝖾𝖽𝗂𝖺 𝗍𝗁𝗂𝗌 𝗐𝖾𝖾𝗄. 𝖳𝗁𝗂𝗌 𝗐𝖾𝖾𝗄, 𝖢𝗈𝗎𝗇𝗍𝖾𝗋𝗉𝗈𝗂𝗇𝗍'𝗌 𝖺𝗇𝖺𝗅𝗒𝗌𝗍𝗌- Neil Shah (@neil_shah), MS Hwang 𝖺𝗇𝖽 𝗈𝗍𝗁𝖾𝗋𝗌, 𝖾𝖺𝗋𝗇𝖾𝖽 𝟦.𝟩𝟤𝖪 𝗆𝖾𝖽𝗂𝖺 𝗆𝖾𝗇𝗍𝗂𝗈𝗇𝗌, 𝟤𝟥 𝖿𝗋𝗈𝗆 𝖳𝗂𝖾𝗋 𝟣 𝗈𝗎𝗍𝗅𝖾𝗍𝗌, 𝗌𝗉𝗋𝖾𝖺𝖽 𝖺𝖼𝗋𝗈𝗌𝗌 𝟩 𝗉𝗎𝖻𝗅𝗂𝖼𝖺𝗍𝗂𝗈𝗇𝗌 𝗅𝗂𝗄𝖾 @Bloomberg, @Reuters, @CNBCTV18News 𝖺𝗇𝖽 @CNBC, 𝗐𝗂𝗍𝗁 𝗌𝗁𝖺𝗋𝗉, 𝖽𝖺𝗍𝖺-𝖻𝖺𝖼𝗄𝖾𝖽 𝗂𝗇𝗉𝗎𝗍𝗌 𝗈𝗇 𝗌𝗈𝗆𝖾 𝗈𝖿 𝗍𝗁𝖾 𝖻𝗂𝗀𝗀𝖾𝗌𝗍 𝗍𝗋𝗂𝗀𝗀𝖾𝗋𝗌 𝗂𝗇 𝗍𝖾𝖼𝗁. · 𝖤𝗇𝖾𝗋𝗀𝗒 𝗆𝖺𝗃𝗈𝗋𝗌 𝗍𝗎𝗋𝗇𝗂𝗇𝗀 𝗇𝖾𝗈𝖼𝗅𝗈𝗎𝖽 𝗉𝗅𝖺𝗒𝖾𝗋𝗌 𝗂𝗇 𝖨𝗇𝖽𝗂𝖺 · 𝖢𝖷𝖬𝖳’𝗌 𝗋𝗂𝗌𝖾 𝖺𝗇𝖽 𝗐𝗁𝖺𝗍 𝗂𝗍 𝗆𝖾𝖺𝗇𝗌 𝖿𝗈𝗋 𝗂𝗇𝖼𝗎𝗆𝖻𝖾𝗇𝗍 𝗆𝖾𝗆𝗈𝗋𝗒 𝗅𝖾𝖺𝖽𝖾𝗋𝗌 · 𝖦𝗅𝗈𝖻𝖺𝗅 𝖯𝖢 𝗌𝗁𝗂𝗉𝗆𝖾𝗇𝗍𝗌 𝖽𝗈𝗐𝗇 𝟦% 𝖸𝗈𝖸 · 𝖦𝗅𝗈𝖻𝖺𝗅 𝗌𝗆𝖺𝗋𝗍𝗉𝗁𝗈𝗇𝖾 𝗌𝗁𝗂𝗉𝗆𝖾𝗇𝗍𝗌 𝖽𝗈𝗐𝗇 𝟤𝟢% 𝐇𝐞𝐫𝐞’𝐬 𝐚 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐢𝐬 𝐰𝐞𝐞𝐤’𝐬 𝐭𝐨𝐩 𝐦𝐞𝐧𝐭𝐢𝐨𝐧𝐬: 𝗖𝗡𝗕𝗖: cnbc.com/2026/10/30/nvidia-i… cnbctv18.com/market/intel-sh… 𝗕𝗹𝗼𝗼𝗺𝗯𝗲𝗿𝗴: bloomberg.com/news/articles/… 𝗥𝗲𝘂𝘁𝗲𝗿𝘀: reuters.com/business/media-t… reuters.com/business/media-t… 𝗥𝗲𝗮𝗱 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗿𝗼𝘂𝗻𝗱𝘂𝗽: #𝖶𝖾𝖾𝗄𝗅𝗒𝖬𝖾𝖽𝗂𝖺𝖲𝗉𝗈𝗍𝗅𝗂𝗀𝗁𝗍 #𝖲𝗆𝖺𝗋𝗍𝗉𝗁𝗈𝗇𝖾𝗌 #𝖬𝖾𝗆𝗈𝗋𝗒𝖬𝖺𝗋𝗄𝖾𝗍 #𝖭𝖾𝗈𝖼𝗅𝗈𝗎𝖽 #𝖠𝖨𝖨𝗇𝖿𝗋𝖺𝗌𝗍𝗋𝗎𝖼𝗍𝗎𝗋𝖾 #𝖢𝖷𝖬𝖳 #𝖯𝖢𝗌 #𝖳𝖾𝗅𝖾𝖼𝗈𝗆

𝗝𝗼𝗶𝗻 𝘂𝘀 𝗮𝘁 𝗚𝗦𝗠𝗔’𝘀 𝗦𝘁𝗮𝘁𝗲 𝗼𝗳 𝗠𝗼𝗯𝗶𝗹𝗲 𝗜𝗻𝘁𝗲𝗿𝗻𝗲𝘁 𝗖𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝟮𝟬𝟮𝟲 𝘄𝗲𝗯𝗶𝗻𝗮𝗿 Mobile networks now cover most of the world’s population, yet many people living within reach of a signal still aren’t online. Our Associate Director Jan Stryjak will join GSMA to discuss the findings of the 2026 State of Mobile Internet Connectivity report, from the global usage gap to the affordability and other barriers still keeping people offline. 𝗘𝘃𝗲𝗻𝘁 𝗱𝗲𝘁𝗮𝗶𝗹𝘀: • Date: November 25, 2026 • Time: 13:00 – 14:00 GMT 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗻𝗱 𝗿𝗲𝗴𝗶𝘀𝘁𝗲𝗿: counterpointresearch.com/en/… #MobileInternet #DigitalInclusion #Connectivity #GSMA #Webinar #CounterpointResearch

𝗔𝗜 𝗶𝗻 𝗩𝗶𝗱𝗲𝗼 𝗦𝘂𝗿𝘃𝗲𝗶𝗹𝗹𝗮𝗻𝗰𝗲: 𝗖𝗮𝗺𝗲𝗿𝗮, 𝗕𝗼𝘅 𝗼𝗿 𝗛𝘆𝗯𝗿𝗶𝗱? The global AI video surveillance hardware market is projected to nearly triple, from $8.9B in 2026 to $24.6B in 2030. That makes the choice of where AI processing happens both a performance decision and a budget decision. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: • On-camera AI wins on latency and standalone reliability. Axis Communications (in-house ARTPEC chips), Hanwha Vision (dual-NPU Wisenet 9 SoC), Hikvision and Dahua Technology lead here. • Edge AI boxes win on retrofit economics. @MotoSolutions' Avigilon and @HanwhaVision's AIB-800 add analytics to existing, mixed-brand camera networks without replacing every camera. • Hybrid AI splits the workload. Cameras handle time-sensitive alerts, and edge devices handle cross-camera tracking and shared watchlists. 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: lnkd.in/gWJU4iBi @HikvisionUSAinc @AxisIPVideo #VideoSurveillance #EdgeAI #AI #PhysicalSecurity #SmartCameras #CounterpointResearch

𝗔𝗳𝘁𝗲𝗿 𝗮 𝟮𝟬𝟮𝟲 𝗦𝘂𝗿𝗴𝗲, 𝗗𝗶𝘀𝗽𝗹𝗮𝘆 𝗘𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁 𝗦𝗽𝗲𝗻𝗱𝗶𝗻𝗴 𝗧𝗼 𝗙𝗮𝗰𝗲 𝗮 𝗦𝘁𝗲𝗲𝗽 𝟮𝟬𝟮𝟳 𝗖𝗼𝗿𝗿𝗲𝗰𝘁𝗶𝗼𝗻 Global display equipment capex is projected to fall 49% YoY in 2027 to $5.5 billion, after a 61% YoY surge in 2026. In 2027, spending on new technology development and supplementary investment will continue, but the absence of another large-scale project on the scale of BOE’s B16 Phase 2 is expected to pull total capex down sharply. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀:   • Sunic System is forecast to become the first South Korean equipment maker to lead the display equipment market by revenue in 2027   • A roughly 3.5x YoY jump in DRAM prices in Q3 2026 is pushing smartphone OEMs to delay or scale back new display technology investments   • @SamsungDisplay and LG Display are slowing or trimming planned Gen 6 smartphone display technology investments as a result 𝗪𝗵𝗼 𝗶𝘀 𝗴𝗮𝗶𝗻𝗶𝗻𝗴 𝗴𝗿𝗼𝘂𝗻𝗱 𝗮𝘀 𝗱𝗶𝘀𝗽𝗹𝗮𝘆 𝗲𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁 𝘀𝗽𝗲𝗻𝗱𝗶𝗻𝗴 𝘀𝗵𝗶𝗳𝘁𝘀? 𝗙𝗶𝗻𝗱 𝗼𝘂𝘁 𝗶𝗻 𝗼𝘂𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀: counterpointresearch.com/en/… 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗶𝗻𝗴 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝗰𝗮𝗻 𝗮𝗰𝗰𝗲𝘀𝘀 𝗼𝘂𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗿𝗲𝗽𝗼𝗿𝘁 “𝗗𝗶𝘀𝗽𝗹𝗮𝘆 𝗙𝗮𝗯 𝗨𝘁𝗶𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗛𝗼𝗹𝗱𝘀 𝗙𝗶𝗿𝗺, 𝗕𝘂𝘁 𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀 𝗔𝗿𝗲 𝗦𝗵𝗶𝗳𝘁𝗶𝗻𝗴” 𝗵𝗲𝗿𝗲: counterpointresearch.com/en/… #SunicSystem #LGDisplay #DisplayTechnology #AMOLED #OLED #MicroOLED #LCD #DisplayIndustry #DisplayCapex

𝗔𝗿𝗺 𝗤𝟯’𝟮𝟲: 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗮𝘁 𝗛𝗶𝗴𝗵 𝗘𝗻𝗱 𝗼𝗳 𝗚𝘂𝗶𝗱𝗮𝗻𝗰𝗲; 𝗟𝗶𝗰𝗲𝗻𝘀𝗶𝗻𝗴 𝗮𝗻𝗱 𝗢𝘁𝗵𝗲𝗿 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗚𝗿𝗲𝘄 𝟱𝟬% 𝗬𝗼𝗬 @Arm reported Q3 revenue of $1.4 billion, at the high end of its guidance, growing 27% YoY and marking the fifth straight quarter of revenue growth above 20%, supported by continued YoY growth in both Licensing and Royalty revenues. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀:   • License and Other Revenue grew by 50% YoY, driven by continued strong licensing agreements for Arm’s IP. Contributions from licensing agreements signed earlier also supported growth.   • Royalty revenue grew 8% YoY, driven by higher Armv9 and Arm Compute Subsystems (CSS) adoption and expanding Arm-based data center deployments, offsetting a weaker smartphone market.   • Data center and AI infrastructure emerged as Arm’s fastest-growing business, with data center royalty revenue more than doubling YoY.   • Physical AI royalty revenue grew by 50% YoY, driven by increasing adoption of Arm’s IP in automotive and robotics platforms.   • Arm’s CY Q3 2026 revenue is expected to be $1.49 billion-$1.59 billion (20%-28% YoY growth). Royalty revenues are projected to grow by a low single-digit % YoY next quarter, whereas Licensing and Other Revenues are projected to grow by 50% YoY 𝗔𝗰𝗰𝗲𝘀𝘀 𝗼𝘂𝗿 𝗚𝗹𝗼𝗯𝗮𝗹 𝗦𝗺𝗮𝗿𝘁𝗽𝗵𝗼𝗻𝗲 𝗦𝗼𝗖 𝗦𝗵𝗶𝗽𝗺𝗲𝗻𝘁𝘀 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗯𝘆 𝗩𝗲𝗻𝗱𝗼𝗿 𝗵𝗲𝗿𝗲: counterpointresearch.com/en/… #Arm #AIInfrastructure #PhysicalAI #Semiconductors #DataCenter #Earnings $ARM

𝗤𝘂𝗮𝗹𝗰𝗼𝗺𝗺 𝗤𝟯’𝟮𝟲: 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗮𝘁 𝗛𝗶𝗴𝗵 𝗘𝗻𝗱 𝗼𝗳 𝗚𝘂𝗶𝗱𝗮𝗻𝗰𝗲; 𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗮𝗻𝗱 𝗜𝗼𝗧 𝗢𝗳𝗳𝘀𝗲𝘁 𝗛𝗮𝗻𝗱𝘀𝗲𝘁 𝗗𝗲𝗰𝗹𝗶𝗻𝗲 @Qualcomm reported Q3 revenue of $10.4 billion, at the high end of its guidance. Handset revenue declined 26% YoY, although this was partly offset by strong growth in the Automotive and continued expansion in the IoT segment. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: • Auto revenue grew by 89% YoY to reach $2 billion in Q3, marking a quarterly inflection point, whereas Qualcomm’s automotive annualized fiscal run rate reached $8 billion, $1 billion more than the guidance provided last quarter. • IoT segment revenue reached $1.9 billion, driven by growth in the industrial networking and robotics category, reflecting continued momentum in its industrial AI portfolio. • Qualcomm has partnered with @SpaceX to supply Dragonwing Cellular Infrastructure platforms for powering Starlink Mobile’s terrestrial base stations. • The handset business remained under pressure from industry-wide memory constraints impacting global smartphone demand. QCT handset revenue stood at $5.1 billion in Q3. • Data Center will be the next major growth driver for Qualcomm, with a revenue target of $5 billion for FY 2027. • Qualcomm expects Q1 FY2027 revenue of $10.4 billion–$11.2 billion (-9% to -15% YoY decline). Handset revenue is projected to decline by a mid-single-digit percentage sequentially, whereas the QCT non-handset segment will be the next growth driver for Qualcomm. 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗶𝗻-𝗱𝗲𝗽𝘁𝗵 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝗤𝘂𝗮𝗹𝗰𝗼𝗺𝗺’𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆, 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝗶𝗻𝗴 𝗮𝗻𝗱 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗮𝘀 𝗶𝘁 𝗯𝘂𝗶𝗹𝗱𝘀 𝗮 𝗳𝘂𝗹𝗹-𝘀𝘁𝗮𝗰𝗸 𝗔𝗜 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝘀𝗽𝗮𝗻𝗻𝗶𝗻𝗴 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿𝘀 𝘁𝗼 𝗱𝗲𝘃𝗶𝗰𝗲𝘀: counterpointresearch.com/en/… 𝗔𝗹𝘀𝗼 𝗿𝗲𝗮𝗱 𝗼𝘂𝗿 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗻 𝗤𝘂𝗮𝗹𝗰𝗼𝗺𝗺’𝘀 𝗛𝗕𝗖 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗮𝗻𝗱 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝗵𝗼𝘄 𝗵𝗶𝗴𝗵-𝗯𝗮𝗻𝗱𝘄𝗶𝗱𝘁𝗵 𝗺𝗲𝗺𝗼𝗿𝘆 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀 𝗰𝗼𝘂𝗹𝗱 𝗵𝗲𝗹𝗽 𝗮𝗱𝗱𝗿𝗲𝘀𝘀 𝘁𝗵𝗲 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗺𝗲𝗺𝗼𝗿𝘆 𝗯𝗼𝘁𝘁𝗹𝗲𝗻𝗲𝗰𝗸 𝗶𝗻 𝘁𝗵𝗲 𝗔𝗜 𝗲𝗿𝗮: counterpointresearch.com/en/… #Qualcomm #Earnings #Semiconductors #AutomotiveTechnology #IoT #IndustrialAI #AIInfrastructure #DataCenter $QCOM

𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗥𝗔𝗠 𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝗮𝗿𝘀 $𝟮𝟬𝟬𝗕 𝗶𝗻 𝗤𝟯 𝟮𝟬𝟮𝟲; 𝗦𝗮𝗺𝘀𝘂𝗻𝗴 𝗟𝗲𝗮𝗱𝘀 𝘄𝗶𝘁𝗵 𝟯𝟴% 𝗦𝗵𝗮𝗿𝗲 𝖳𝗁𝖾 𝖠𝖨 𝖻𝗈𝗈𝗆 𝗂𝗌 𝖽𝗋𝗂𝗏𝗂𝗇𝗀 𝗋𝖾𝖼𝗈𝗋𝖽 𝗀𝗋𝗈𝗐𝗍𝗁 𝗂𝗇 𝗍𝗁𝖾 𝗀𝗅𝗈𝖻𝖺𝗅 𝗆𝖾𝗆𝗈𝗋𝗒 𝗂𝗇𝖽𝗎𝗌𝗍𝗋𝗒. 𝖲𝗍𝗋𝗈𝗇𝗀 𝖽𝖾𝗆𝖺𝗇𝖽 𝖿𝗈𝗋 𝖠𝖨 𝖺𝖼𝖼𝖾𝗅𝖾𝗋𝖺𝗍𝗈𝗋𝗌 𝖺𝗇𝖽 𝖽𝖺𝗍𝖺 𝖼𝖾𝗇𝗍𝖾𝗋𝗌, 𝖼𝗈𝗎𝗉𝗅𝖾𝖽 𝗐𝗂𝗍𝗁 𝗋𝗂𝗌𝗂𝗇𝗀 𝗆𝖾𝗆𝗈𝗋𝗒 𝗉𝗋𝗂𝖼𝖾𝗌, 𝖽𝗋𝗈𝗏𝖾 𝗀𝗅𝗈𝖻𝖺𝗅 𝖣𝖱𝖠𝖬 𝗋𝖾𝗏𝖾𝗇𝗎𝖾 𝗎𝗉 𝖺 𝗌𝗍𝖺𝗀𝗀𝖾𝗋𝗂𝗇𝗀 𝟥𝟨𝟫% 𝖸𝗈𝖸 𝗂𝗇 𝖰𝟥 𝟤𝟢𝟤𝟨. 𝖭𝖾𝗐 𝖧𝖡𝖬 𝗀𝖾𝗇𝖾𝗋𝖺𝗍𝗂𝗈𝗇𝗌 𝖺𝗇𝖽 𝗋𝗂𝗌𝗂𝗇𝗀 𝗉𝗋𝗂𝖼𝖾𝗌 𝖺𝗋𝖾 𝖾𝗑𝗉𝖾𝖼𝗍𝖾𝖽 𝗍𝗈 𝗉𝗎𝗌𝗁 𝗆𝖺𝗃𝗈𝗋 𝗆𝖾𝗆𝗈𝗋𝗒 𝗌𝗎𝗉𝗉𝗅𝗂𝖾𝗋𝗌 𝗍𝗈 𝗇𝖾𝗐 𝖾𝖺𝗋𝗇𝗂𝗇𝗀𝗌 𝗋𝖾𝖼𝗈𝗋𝖽𝗌 𝗇𝖾𝗑𝗍 𝗊𝗎𝖺𝗋𝗍𝖾𝗋. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: • @SamsungDSGlobal 𝗋𝖾𝗍𝖺𝗂𝗇𝖾𝖽 𝗍𝗁𝖾 𝖭𝗈. 𝟣 𝗉𝗈𝗌𝗂𝗍𝗂𝗈𝗇 𝗐𝗂𝗍𝗁 𝖺 𝟥𝟪% 𝖣𝖱𝖠𝖬 𝗆𝖺𝗋𝗄𝖾𝗍 𝗌𝗁𝖺𝗋𝖾. • @SKhynix 𝗀𝖺𝗂𝗇𝖾𝖽 𝗆𝗈𝗆𝖾𝗇𝗍𝗎𝗆, 𝗐𝗂𝗍𝗁 𝗋𝖾𝗏𝖾𝗇𝗎𝖾 𝗀𝗋𝗈𝗐𝗂𝗇𝗀 𝗈𝗏𝖾𝗋 𝟦𝟢% 𝖰𝗈𝖰, 𝗋𝖾𝖼𝗈𝗏𝖾𝗋𝗂𝗇𝗀 𝗌𝗈𝗆𝖾 𝗈𝖿 𝗂𝗍𝗌 𝗅𝗈𝗌𝗍 𝗆𝖺𝗋𝗄𝖾𝗍 𝗌𝗁𝖺𝗋𝖾. • @MicronTech 𝖽𝖾𝗅𝗂𝗏𝖾𝗋𝖾𝖽 𝗌𝗍𝗋𝗈𝗇𝗀 𝗋𝖾𝗌𝗎𝗅𝗍𝗌, 𝖽𝗋𝗂𝗏𝖾𝗇 𝖻𝗒 𝗀𝗋𝗈𝗐𝗂𝗇𝗀 𝖽𝖾𝗆𝖺𝗇𝖽 𝖿𝗈𝗋 𝖠𝖨 𝖽𝖺𝗍𝖺 𝖼𝖾𝗇𝗍𝖾𝗋 𝗆𝖾𝗆𝗈𝗋𝗒, 𝖺𝗅𝗍𝗁𝗈𝗎𝗀𝗁 𝗂𝗍𝗌 𝗀𝗋𝗈𝗐𝗍𝗁 𝗍𝗋𝖺𝗂𝗅𝖾𝖽 𝖲𝖺𝗆𝗌𝗎𝗇𝗀 𝖺𝗇𝖽 𝖲𝖪 𝗁𝗒𝗇𝗂𝗑. • 𝖢𝖷𝖬𝖳'𝗌 𝗆𝖺𝗋𝗄𝖾𝗍 𝗌𝗁𝖺𝗋𝖾 𝗌𝗅𝗂𝗉𝗉𝖾𝖽 𝖿𝗋𝗈𝗆 𝟣𝟢% 𝗂𝗇 𝖰𝟤 𝗍𝗈 𝟫% 𝗂𝗇 𝖰𝟥, 𝗐𝗂𝗍𝗁 𝗀𝗋𝗈𝗐𝗂𝗇𝗀 𝖧𝖡𝖬𝟦 𝖼𝗈𝗆𝗉𝖾𝗍𝗂𝗍𝗂𝗈𝗇 𝗅𝗂𝗄𝖾𝗅𝗒 𝗍𝗈 𝖺𝖽𝖽 𝖿𝗎𝗋𝗍𝗁𝖾𝗋 𝗉𝗋𝖾𝗌𝗌𝗎𝗋𝖾. 𝗟𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗺𝗲𝗺𝗼𝗿𝘆 𝗺𝗮𝗿𝗸𝗲𝘁 𝘄𝗶𝘁𝗵 𝗼𝘂𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗗𝗥𝗔𝗠 𝘀𝗵𝗶𝗽𝗺𝗲𝗻𝘁, 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗮𝗻𝗱 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀: counterpointresearch.com/en/… 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲𝗿𝘀 𝗰𝗮𝗻 𝗮𝗰𝗰𝗲𝘀𝘀 𝗶𝗻-𝗱𝗲𝗽𝘁𝗵 𝗗𝗥𝗔𝗠 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲, 𝗶𝗻𝗰𝗹𝘂𝗱𝗶𝗻𝗴 𝗽𝗿𝗶𝗰𝗶𝗻𝗴 𝘁𝗿𝗲𝗻𝗱𝘀, 𝘀𝘂𝗽𝗽𝗹𝗶𝗲𝗿 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲𝘀 𝗮𝗻𝗱 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁𝘀 𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗺𝗲𝗺𝗼𝗿𝘆 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆: counterpointresearch.com/en/… 𝗔𝗰𝗰𝗲𝘀𝘀 𝗼𝘂𝗿 𝗾𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗴𝗹𝗼𝗯𝗮𝗹 𝗡𝗔𝗡𝗗 𝗺𝗲𝗺𝗼𝗿𝘆 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲 𝗱𝗮𝘁𝗮 𝘁𝗼 𝘁𝗿𝗮𝗰𝗸 𝘃𝗲𝗻𝗱𝗼𝗿 𝗿𝗮𝗻𝗸𝗶𝗻𝗴𝘀, 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝘀𝗵𝗶𝗳𝘁𝘀 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗱𝘆𝗻𝗮𝗺𝗶𝗰𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗡𝗔𝗡𝗗 𝗳𝗹𝗮𝘀𝗵 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆: counterpointresearch.com/en/… #DRAM #Semiconductors #HBM4 #Samsung #SKhynix #Micron #CXMT #DataCenters #AI $MU $SKHY

𝗔𝗠𝗗 𝗤𝟯 𝟮𝟬𝟮𝟲 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀: 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗝𝘂𝗺𝗽𝘀 𝟰𝟱% 𝗮𝘀 𝗗𝗮𝘁𝗮 𝗖𝗲𝗻𝘁𝗲𝗿 𝗡𝗲𝗮𝗿𝗹𝘆 𝗗𝗼𝘂𝗯𝗹𝗲𝘀 𝗼𝗻 𝗔𝗜 𝗗𝗲𝗺𝗮𝗻𝗱 @AMD reported Q3 2026 revenue of $13.4 billion, up 45% YoY and above the high end of guidance, driven by a record quarter for Data Center. However, a 40% YoY drop in Gaming and rising memory costs weighing on PC demand point to growing pressure on the client side. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: • AMD is now a data center company: Data Center revenue grew 97% YoY to a record $8.5 billion, now 64% of total revenue, with operating margin rising to 34% from 25%. • Helios turns AMD into a system supplier: With MI450 launched and the first Helios racks live, AMD now offers the first credible rack-scale alternative to NVIDIA. AI revenue is expected to overtake server CPU revenue in Q4. • AMD set to out-earn Intel: Q4 guidance of ~$17 billion (up ~66% YoY) tops the $16.2 billion consensus and Intel’s ~$15.5 billion midpoint. AMD expects 80% revenue growth in 2027, even as PC units may fall by double digits. 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗶𝗻𝗴 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝗰𝗮𝗻 𝗮𝗰𝗰𝗲𝘀𝘀 𝗼𝘂𝗿 𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗮𝘁𝗮 𝗖𝗲𝗻𝘁𝗲𝗿 𝘅𝟴𝟲 𝗖𝗣𝗨 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗿𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗹𝗮𝘁𝗲𝘀𝘁 𝗼𝗻 𝘁𝗵𝗲 𝗔𝗠𝗗–𝗜𝗻𝘁𝗲𝗹 𝘀𝗲𝗿𝘃𝗲𝗿 𝗿𝗮𝗰𝗲 𝗮𝗻𝗱 𝘁𝗵𝗲 𝘁𝗿𝗲𝗻𝗱𝘀 𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿 𝗰𝗼𝗺𝗽𝘂𝘁𝗲: counterpointresearch.com/en/… #AMD #Semiconductors #DataCenter #AI #AIInfrastructure #Helios #EPYC $AMD

𝗙𝗿𝗼𝗺 𝗚𝗣𝗨 𝗖𝗹𝘂𝘀𝘁𝗲𝗿𝘀 𝘁𝗼 𝗔𝗜 𝗙𝗮𝗰𝘁𝗼𝗿𝗶𝗲𝘀: 𝗪𝗵𝗮𝘁'𝘀 𝗥𝗲𝗮𝗹𝗹𝘆 𝗛𝗼𝗹𝗱𝗶𝗻𝗴 𝗕𝗮𝗰𝗸 𝗔𝗜 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲? 𝖠𝗌 𝖾𝗇𝗍𝖾𝗋𝗉𝗋𝗂𝗌𝖾𝗌 𝖺𝖼𝖼𝖾𝗅𝖾𝗋𝖺𝗍𝖾 𝗍𝗁𝖾𝗂𝗋 𝖠𝖨 𝖺𝗆𝖻𝗂𝗍𝗂𝗈𝗇𝗌, 𝗌𝖾𝖼𝗎𝗋𝗂𝗇𝗀 𝖦𝖯𝖴𝗌 𝗂𝗌 𝗃𝗎𝗌𝗍 𝗈𝗇𝖾 𝗉𝗂𝖾𝖼𝖾 𝗈𝖿 𝗍𝗁𝖾 𝗉𝗎𝗓𝗓𝗅𝖾. 𝖳𝗁𝖾 𝖻𝗂𝗀𝗀𝖾𝗋 𝖼𝗁𝖺𝗅𝗅𝖾𝗇𝗀𝖾 𝗅𝗂𝖾𝗌 𝗂𝗇 𝖻𝗎𝗂𝗅𝖽𝗂𝗇𝗀 𝗍𝗁𝖾 𝗂𝗇𝖿𝗋𝖺𝗌𝗍𝗋𝗎𝖼𝗍𝗎𝗋𝖾 𝗇𝖾𝖾𝖽𝖾𝖽 𝗍𝗈 𝗉𝗈𝗐𝖾𝗋, 𝖼𝗈𝗈𝗅, 𝖼𝗈𝗇𝗇𝖾𝖼𝗍 𝖺𝗇𝖽 𝗌𝖼𝖺𝗅𝖾 𝖠𝖨 𝗐𝗈𝗋𝗄𝗅𝗈𝖺𝖽𝗌. 𝖠𝗍 𝗍𝗁𝖾 𝖩𝖺𝗉𝖺𝗇 𝖢𝗅𝗈𝗎𝖽 & 𝖣𝖺𝗍𝖺𝖼𝖾𝗇𝗍𝖾𝗋 𝖢𝗈𝗇𝗏𝖾𝗇𝗍𝗂𝗈𝗇 𝟤𝟢𝟤𝟨, 𝗈𝗎𝗋 𝖱𝖾𝗌𝖾𝖺𝗋𝖼𝗁 𝖣𝗂𝗋𝖾𝖼𝗍𝗈𝗋 Marc Einstein (@MarcEinsteinAI) 𝗐𝗂𝗅𝗅 𝗍𝖺𝗄𝖾 𝗍𝗁𝖾 𝗌𝗍𝖺𝗀𝖾 𝗍𝗈 𝖾𝗑𝗉𝗅𝗈𝗋𝖾 𝗍𝗁𝖾 𝖿𝗂𝗏𝖾 𝖼𝗋𝗂𝗍𝗂𝖼𝖺𝗅 𝗂𝗇𝖿𝗋𝖺𝗌𝗍𝗋𝗎𝖼𝗍𝗎𝗋𝖾 𝖻𝗈𝗍𝗍𝗅𝖾𝗇𝖾𝖼𝗄𝗌 𝖾𝗇𝗍𝖾𝗋𝗉𝗋𝗂𝗌𝖾𝗌 𝗈𝖿𝗍𝖾𝗇 𝗎𝗇𝖽𝖾𝗋𝖾𝗌𝗍𝗂𝗆𝖺𝗍𝖾: • 𝖯𝗈𝗐𝖾𝗋 𝖺𝗏𝖺𝗂𝗅𝖺𝖻𝗂𝗅𝗂𝗍𝗒 𝖺𝗇𝖽 𝗌𝗂𝗍𝖾 𝗋𝖾𝖺𝖽𝗂𝗇𝖾𝗌𝗌 • 𝖱𝖺𝖼𝗄 𝖽𝖾𝗌𝗂𝗀𝗇 𝖺𝗇𝖽 𝖺𝖽𝗏𝖺𝗇𝖼𝖾𝖽 𝖼𝗈𝗈𝗅𝗂𝗇𝗀 • 𝖲𝖾𝗆𝗂𝖼𝗈𝗇𝖽𝗎𝖼𝗍𝗈𝗋 𝖺𝗇𝖽 𝗆𝖾𝗆𝗈𝗋𝗒 𝗌𝗎𝗉𝗉𝗅𝗒 • 𝖧𝗂𝗀𝗁-𝗌𝗉𝖾𝖾𝖽 𝗂𝗇𝗍𝖾𝗋𝖼𝗈𝗇𝗇𝖾𝖼𝗍𝗌 • 𝖢𝖺𝗉𝗂𝗍𝖺𝗅 𝗂𝗇𝗏𝖾𝗌𝗍𝗆𝖾𝗇𝗍 𝖨𝗇 𝗁𝗂𝗌 𝗌𝖾𝗌𝗌𝗂𝗈𝗇, "𝗙𝗿𝗼𝗺 𝗚𝗣𝗨 𝗖𝗹𝘂𝘀𝘁𝗲𝗿 𝘁𝗼 𝗔𝗜 𝗙𝗮𝗰𝘁𝗼𝗿𝘆: 𝗧𝗵𝗲 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗕𝗼𝘁𝘁𝗹𝗲𝗻𝗲𝗰𝗸𝘀 𝗘𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲𝘀 𝗨𝗻𝗱𝗲𝗿𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗲," 𝖬𝖺𝗋𝖼 𝗐𝗂𝗅𝗅 𝖽𝗂𝗌𝖼𝗎𝗌𝗌 𝗐𝗁𝗒 𝗍𝗁𝖾 𝗇𝖾𝗑𝗍 𝗉𝗁𝖺𝗌𝖾 𝗈𝖿 𝖠𝖨 𝖾𝗑𝗉𝖺𝗇𝗌𝗂𝗈𝗇 𝖽𝖾𝗆𝖺𝗇𝖽𝗌 𝖺 𝗆𝗎𝖼𝗁 𝖻𝗋𝗈𝖺𝖽𝖾𝗋 𝗂𝗇𝖿𝗋𝖺𝗌𝗍𝗋𝗎𝖼𝗍𝗎𝗋𝖾 𝗌𝗍𝗋𝖺𝗍𝖾𝗀𝗒. 𝗗𝗮𝘁𝗲: 𝖭𝗈𝗏𝖾𝗆𝖻𝖾𝗋 𝟣𝟥, 𝟤𝟢𝟤𝟨 𝗣𝗹𝗮𝗰𝗲: 𝖧𝗂𝗅𝗍𝗈𝗇 𝖳𝗈𝗄𝗒𝗈, 𝖳𝗈𝗄𝗒𝗈, 𝖩𝖺𝗉𝖺𝗇 𝖯𝗅𝖺𝗇𝗇𝗂𝗇𝗀 𝗍𝗈 𝖺𝗍𝗍𝖾𝗇𝖽? 𝖢𝗈𝗇𝗇𝖾𝖼𝗍 𝗐𝗂𝗍𝗁 𝖬𝖺𝗋𝖼 𝖺𝗍 𝗍𝗁𝖾 𝖾𝗏𝖾𝗇𝗍 𝗍𝗈 𝖽𝗂𝗌𝖼𝗎𝗌𝗌 𝗍𝗁𝖾 𝖾𝗏𝗈𝗅𝗏𝗂𝗇𝗀 𝖠𝖨 𝗂𝗇𝖿𝗋𝖺𝗌𝗍𝗋𝗎𝖼𝗍𝗎𝗋𝖾 𝗅𝖺𝗇𝖽𝗌𝖼𝖺𝗉𝖾 𝖺𝗇𝖽 𝗐𝗁𝖺𝗍 𝗂𝗍 𝗍𝖺𝗄𝖾𝗌 𝗍𝗈 𝗌𝖼𝖺𝗅𝖾 𝖠𝖨 𝖿𝖺𝖼𝗍𝗈𝗋𝗂𝖾𝗌. 𝗚𝗲𝘁 𝗶𝗻 𝘁𝗼𝘂𝗰𝗵 𝘄𝗶𝘁𝗵 𝘂𝘀 𝗮𝘁: [email protected] 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗲𝘃𝗲𝗻𝘁 𝗵𝗲𝗿𝗲: clouddatacenter.events/event… 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗵𝗼𝘄 𝘁𝗵𝗲 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿 𝗖𝗣𝗨 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 𝗶𝘀 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗮𝗺𝗶𝗱 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗔𝗜 𝗶𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗱𝗲𝗺𝗮𝗻𝗱: counterpointresearch.com/en/… #AIInfrastructure #DataCenters #CloudComputing #AIFactories #Semiconductors #AI

𝗦𝗺𝗮𝗿𝘁𝗽𝗵𝗼𝗻𝗲 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗚𝗿𝗼𝘄𝘀 𝗗𝗲𝘀𝗽𝗶𝘁𝗲 𝗦𝗵𝗶𝗽𝗺𝗲𝗻𝘁 𝗦𝗹𝘂𝗺𝗽; 𝗔𝗽𝗽𝗹𝗲 𝗛𝗶𝘁𝘀 𝗥𝗲𝗰𝗼𝗿𝗱 𝗤𝟯 𝗛𝗶𝗴𝗵 𝖦𝗅𝗈𝖻𝖺𝗅 𝗌𝗆𝖺𝗋𝗍𝗉𝗁𝗈𝗇𝖾 𝗋𝖾𝗏𝖾𝗇𝗎𝖾 𝗀𝗋𝖾𝗐 𝟥% 𝖸𝗈𝖸 𝗂𝗇 𝖰𝟥 𝟤𝟢𝟤𝟨 𝗍𝗈 $𝟣𝟣𝟦 𝖻𝗂𝗅𝗅𝗂𝗈𝗇, 𝖺𝗌 𝗋𝗂𝗌𝗂𝗇𝗀 𝗉𝗋𝗂𝖼𝖾𝗌 𝖺𝗇𝖽 𝗉𝗋𝖾𝗆𝗂𝗎𝗆𝗂𝗓𝖺𝗍𝗂𝗈𝗇 𝗈𝖿𝖿𝗌𝖾𝗍 𝖺 𝟣𝟫% 𝖸𝗈𝖸 𝖽𝖾𝖼𝗅𝗂𝗇𝖾 𝗂𝗇 𝗌𝗁𝗂𝗉𝗆𝖾𝗇𝗍𝗌. 𝖳𝗁𝖾 𝖺𝗏𝖾𝗋𝖺𝗀𝖾 𝗌𝖾𝗅𝗅𝗂𝗇𝗀 𝗉𝗋𝗂𝖼𝖾 (𝖠𝖲𝖯) 𝗌𝗎𝗋𝗀𝖾𝖽 𝟤𝟩% 𝖸𝗈𝖸 𝗍𝗈 𝖺 𝗋𝖾𝖼𝗈𝗋𝖽 $𝟦𝟦𝟤, 𝖽𝗋𝗂𝗏𝖾𝗇 𝖻𝗒 𝖺 𝗁𝗂𝗀𝗁𝖾𝗋 𝖼𝗈𝗇𝗍𝗋𝗂𝖻𝗎𝗍𝗂𝗈𝗇 𝖿𝗋𝗈𝗆 𝗉𝗋𝖾𝗆𝗂𝗎𝗆 𝖽𝖾𝗏𝗂𝖼𝖾𝗌 𝖺𝗇𝖽 𝗆𝖾𝗆𝗈𝗋𝗒-𝖽𝗋𝗂𝗏𝖾𝗇 𝗉𝗋𝗂𝖼𝖾 𝗂𝗇𝖼𝗋𝖾𝖺𝗌𝖾𝗌 𝖺𝖼𝗋𝗈𝗌𝗌 𝖮𝖤𝖬𝗌. 𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: • @Apple 𝗋𝖾𝖼𝗈𝗋𝖽𝖾𝖽 𝗂𝗍𝗌 𝗁𝗂𝗀𝗁𝖾𝗌𝗍-𝖾𝗏𝖾𝗋 𝗋𝖾𝗏𝖾𝗇𝗎𝖾 𝖿𝗈𝗋 𝖺 𝗍𝗁𝗂𝗋𝖽 𝖼𝖺𝗅𝖾𝗇𝖽𝖺𝗋 𝗊𝗎𝖺𝗋𝗍𝖾𝗋, 𝖼𝖺𝗉𝗍𝗎𝗋𝗂𝗇𝗀 𝖺 𝗋𝖾𝖼𝗈𝗋𝖽 𝟧𝟢% 𝗌𝗁𝖺𝗋𝖾 𝗈𝖿 𝗀𝗅𝗈𝖻𝖺𝗅 𝗌𝗆𝖺𝗋𝗍𝗉𝗁𝗈𝗇𝖾 𝗋𝖾𝗏𝖾𝗇𝗎𝖾 𝗂𝗇 𝖰𝟥 𝟤𝟢𝟤𝟨. • @Samsung 𝗋𝖺𝗇𝗄𝖾𝖽 𝗌𝖾𝖼𝗈𝗇𝖽 𝗐𝗂𝗍𝗁 𝖺 𝟣𝟫% 𝗋𝖾𝗏𝖾𝗇𝗎𝖾 𝗌𝗁𝖺𝗋𝖾, 𝗐𝗂𝗍𝗁 𝗋𝖾𝗏𝖾𝗇𝗎𝖾𝗌 𝗎𝗉 𝟣𝟦% 𝖸𝗈𝖸, 𝗐𝗁𝗂𝗅𝖾 𝗋𝖾𝗍𝖺𝗂𝗇𝗂𝗇𝗀 𝗂𝗍𝗌 𝗉𝗈𝗌𝗂𝗍𝗂𝗈𝗇 𝖺𝗌 𝗍𝗁𝖾 𝗅𝖺𝗋𝗀𝖾𝗌𝗍 𝗌𝗆𝖺𝗋𝗍𝗉𝗁𝗈𝗇𝖾 𝖻𝗋𝖺𝗇𝖽 𝖻𝗒 𝗌𝗁𝗂𝗉𝗆𝖾𝗇𝗍𝗌 𝗐𝗂𝗍𝗁 𝖺 𝟤𝟤% 𝗌𝗁𝖺𝗋𝖾. • @Xiaomi’𝗌 𝗋𝖾𝗏𝖾𝗇𝗎𝖾 𝗋𝖾𝗆𝖺𝗂𝗇𝖾𝖽 𝖿𝗅𝖺𝗍 𝖸𝗈𝖸 𝗂𝗇 𝖰𝟥 𝟤𝟢𝟤𝟨. 𝖧𝗈𝗐𝖾𝗏𝖾𝗋, 𝖠𝖲𝖯 𝗀𝗋𝖾𝗐 𝖻𝗒 𝖽𝗈𝗎𝖻𝗅𝖾 𝖽𝗂𝗀𝗂𝗍𝗌, 𝗈𝖿𝖿𝗌𝖾𝗍𝗍𝗂𝗇𝗀 𝗍𝗁𝖾 𝗏𝗈𝗅𝗎𝗆𝖾 𝖼𝗈𝗇𝗍𝗋𝖺𝖼𝗍𝗂𝗈𝗇. • @oppo 𝖺𝗇𝖽 @Vivo_GLOBAL’𝗌 𝗋𝖾𝗏𝖾𝗇𝗎𝖾𝗌 𝖽𝖾𝖼𝗅𝗂𝗇𝖾𝖽 𝟤𝟨% 𝖺𝗇𝖽 𝟤𝟤% 𝖸𝗈𝖸, 𝗋𝖾𝗌𝗉𝖾𝖼𝗍𝗂𝗏𝖾𝗅𝗒, 𝗂𝗇 𝖰𝟥 𝟤𝟢𝟤𝟨, 𝖺𝗌 𝗌𝗁𝗂𝗉𝗆𝖾𝗇𝗍 𝖽𝖾𝖼𝗅𝗂𝗇𝖾𝗌 𝗈𝗎𝗍𝗐𝖾𝗂𝗀𝗁𝖾𝖽 𝖠𝖲𝖯 𝗀𝗋𝗈𝗐𝗍𝗁. 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗼𝗻 𝘄𝗵𝗮𝘁'𝘀 𝗱𝗿𝗶𝘃𝗶𝗻𝗴 𝘀𝗺𝗮𝗿𝘁𝗽𝗵𝗼𝗻𝗲 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝗱𝗲𝘀𝗽𝗶𝘁𝗲 𝗱𝗲𝗰𝗹𝗶𝗻𝗶𝗻𝗴 𝘀𝗵𝗶𝗽𝗺𝗲𝗻𝘁𝘀 𝗵𝗲𝗿𝗲: counterpointresearch.com/en/… 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗶𝗻𝗴 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝗰𝗮𝗻 𝗮𝗰𝗰𝗲𝘀𝘀 𝗼𝘂𝗿 𝗠𝗮𝗿𝗸𝗲𝘁 𝗠𝗼𝗻𝗶𝘁𝗼𝗿 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗵𝗲𝗿𝗲: counterpointresearch.com/en/… #SmartphoneMarket #Apple #Samsung #SmartphoneRevenue #SmartphoneShipments