🔔 The Daily Semi-Cap — April 7, 2026

📊 SMH: $399.90 (+0.99%)

📈 Earnings:

• AEHR — $0.010B rev (est $0.011B), -$0.05 EPS (est -$0.07). Revenue fell ~44% YoY, but quarterly bookings hit $37.2M with book-to-bill above 3.5x. Backlog was $38.7M, effective backlog $50.9M. Reiterated H2 FY26 revenue guide of $25M-$30M.

🔥 Major Developments:

• Trump and Iran agree to a two-week ceasefire to negotiate a 10-point peace plan.

• Samsung preliminarily posted 1Q operating profit of 57.2T won vs 39.28T won consensus, a major upside surprise for the memory complex.

• Anthropic launched Project Glasswing alongside Claude Mythos Preview, with benchmark chatter pointing to a step-function jump in cyber capability and premium pricing at $25/$125 per million tokens.

• Coatue is leading a $505M strategic equity investment in Firmus Cloud, with NVIDIA participating, to speed deployment of energy-efficient AI factories across Asia-Pacific.

• Elon said he is looking forward to working with Intel and Lip-Bu on Terafab, confirming Intel is involved in the project.