Speaker 1: Well, Broadcom giving a strong sales forecast for the current quarter.
Speaker 1: The company's positive outlooks suggests that it is sidestepping a
Speaker 1: broader decline in ship demand, at least for now. Joining
Speaker 1: us to discuss this, as Ian King Bloomberg News US
Speaker 1: semiconductor reporter so Ian this may say more about Broadcom.
Speaker 1: I was reading through the comments from Hawk Tan and
Speaker 1: he referred to cloud service providers and enterprises doing really well,
Speaker 1: But he actually said the demand was pretty good right
Speaker 1: across the board. Is it that Hawk ten is considered
Speaker 1: such a good operator and Broadcom has managed well that
Speaker 1: it's more of a company's specific story, or is it
Speaker 1: the market the market's okay. Well, I mean we just
Speaker 1: had an hour a long call, as you've looked at
Speaker 1: the transcript, and basically he got asked the same question
Speaker 1: a number of different ways, which were you know, are
Speaker 1: you sure? Are you sure that demand is good? You know,
Speaker 1: how can you be sure and demand is good? And
Speaker 1: you know he handled them pretty well. I mean, as
Speaker 1: you were of O'Brien, this isn't the first time when
Speaker 1: he's basically pointed out to people. Look, I've taken a
Speaker 1: lot of steps to make sure that what I am
Speaker 1: selling isn't going into inventory, is going into end devices.
Speaker 1: So we have to take him with his word. Perhaps
Speaker 1: he's just in some better markets than other companies. Perhaps
Speaker 1: he just hasn't seen it yet. It's but you know,
Speaker 1: you have to accept the integrity of what he said.
Speaker 1: But it's does flow in the face of the industry
Speaker 1: trend where you know, just perhaps this time last year
Speaker 1: we saw shortages because of manufacturing snags and supply chains, etcetera.
Speaker 1: And the most uh, semiconductor manufacturers have got invantory build up. Yeah,
Speaker 1: I mean, that's that's making a good point. I think
Speaker 1: though the distinction we have to make rishes that most
Speaker 1: of the companies that have been talking and giving frankly,
Speaker 1: as you say, some disastrous kind of projections and talking
Speaker 1: about on news chips piling up have been you know,
Speaker 1: connected in some way with the PC and computer industry,
Speaker 1: and that really isn't what broke Coom does at all,
Speaker 1: more in infrastructure and networking. And let's not forget Apple
Speaker 1: because they're a big part of the iPhone So it
Speaker 1: is possible that there, you know, that there is room
Speaker 1: between what they do and what everybody else. It was
Speaker 1: to sort of explain different end markets, but you're right,
Speaker 1: it is striking. So there is this bifurcation though, right
Speaker 1: as you as we talked about enterprise and and cloud,
Speaker 1: that seems to be doing well. And if you're in
Speaker 1: that area, if that's more of your focus, then you
Speaker 1: can benefit. But if you're if you're servicing smartphones or PCs,
Speaker 1: then you really have your work cut out for you. Yeah,
Speaker 1: apart from the Apple situation, which I mean he refers
Speaker 1: to them as a little edge North American handset manufacturer,
Speaker 1: as if there were other handset manufacturers in North America. UM,
Speaker 1: and he said, look, you know, the man has been
Speaker 1: solid there, and he was pointing to, you know, what's
Speaker 1: going to happen in the current quarter, which has as
Speaker 1: we've reported, is when Apple is going to announce the
Speaker 1: next iPhone, and he's saying, oh, you know, units are
Speaker 1: going to be sort of about the same, which would
Speaker 1: be good news, right, But that's kind of in line
Speaker 1: with sum of the previous commentary, which has been the
Speaker 1: high end smartphones have been sort of holding up a
Speaker 1: lot stronger. Qualcom remember pointed to that it's been the
Speaker 1: kind of cheapest stuff where we've seen demand decline. Ian
Speaker 1: thanks so much, Ian King, Bloomberg News, u S Semiconductor Reporter,
Speaker 1: interesting though today the cloud stocks all got hammered, and
Speaker 1: Apple for one was up up about a half a
Speaker 1: percent