The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
0645 ET - CGS International names SK Hynix and Samsung as its top picks in the semiconductor sector, in which it holds an overweight rating. The sector faces tighter-than-expected supply-demand dynamics in DRAM, with producers winding down DDR4 chips production but not yet able to fully ramp up DDR5 output, notes analyst Kyunga Lee. CGS International forecasts NAND memory chips to see a 5%-10% rise in prices. SK Hynix and Samsung are well placed to expand production and supply of high-bandwidth memory chips, Lee says, while competitive pressure from Chinese peers are expected to take longer to materialize than expected. (jason.chau@wsj.com)
0600 ET - Lens Technology is projected to deliver a 35% net profit CAGR from 2024 to 2027, supported by demand from consumer electronics, smart vehicles and emerging device revenues, says CGS International analyst Ray Kwok. He expects the company to secure over 60% of iPhone 17's upgraded cover-glass orders in 2025, supply ultra-thin glass for Apple's first foldable phone in 2026 and take on assembly work for Xiaomi. Its smart-driving business, including premium auto glass supplied to Tesla and Chinese automakers, should also lift margins, he adds. Emerging device segments such as precision glass panels and robotics components are poised for strong growth. CGS forecasts net profit to climb 44% in 2025 and 32% in 2026, initiating coverage with an add rating and target price of HK$32.00. (jason.chau@wsj.com)
0523 ET - Shares in Nvidia edge lower premarket after China's antitrust regulator said a preliminary investigation showed the tech company violated the country's anticompetition law. Shares are down 2.4% at $173.47 in premarket trading Monday. Nvidia stock closed 0.4% higher at $177.82 Friday before the news. China's State Administration for Market Regulation said it will continue to conduct further investigation in accordance with its laws, but not whether it will penalize the company. (aimee.look@wsj.com)
0139 ET - Meituan's new initiatives segment is likely to break even in China next year, Nomura analysts Jialong Shi and Rachel Guo write in a research note. Meituan has been scaling back its community group-buying business, with only marginal losses expected in 2026, they note. Losses from Xiaoxiang Supermarket, another unit under its new initiatives, are also tightly controlled. Nomura keeps a buy rating and a target price of HK$123.00. Shares last traded at HK$96.90. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
September 15, 2025 12:20 ET (16:20 GMT)
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