- “Our first quarter business outlook, at the mid-point, is for net revenues of $4.20 billion, increasing year-over-year by 18.5% and decreasing sequentially by 5.1%; gross margin is expected to be about 48.0%.
- “For 2023, we plan to invest about $4.0 billion in CAPEX, mainly to increase our 300mm wafer fabs and silicon carbide manufacturing capacity including our substrate initiative.
- “Based on our strong customer demand and increased manufacturing capacity, we will drive the Company based on a plan for FY23 revenues in the range of $16.8 billion to $17.8 billion.“
Why Is Solana ($SOL) Going Up While Other Major Cryptos Slump?
Solana (CRYPTO: SOL) continued to move ever higher even as major cryptocurrencies slipped into the red on Thursday night.
What’s Moving? SOL rose 8.33% to $201.11 over 24 hours. Over a seven-day trailing period, SOL has shot up 35.19%.
