1. Next quarter margin will be low for 2 reasons--a. shift to lower margin business, b. High bandwich memery chip cost is raising too much;
2. Non-AI semi business is not doing well-flat yoy, down sequentially. Analysts were expecting them do well.
3. valuation is too high
4. in the call, AVGo mentioned "capex related" , but did not elaberate---from here, investment community is specualting about the sustainability of large scalers' massive capex.
Let's see what is the institutional investors' reaction.
