🔔 The Daily Semi-Cap — April 8, 2026

📊 SMH: $422.92 (+5.76%)

📈 Earnings:

• No new semiconductor earnings released today.

🔥 Major Developments:

• Intel Foundry unveiled a 19 μm GaN chiplet, which it is calling the world’s thinnest GaN chiplet.

• Samsung Electronics and SK hynix are shifting AI memory supply toward 3–5 year long-term agreements, a sign that HBM and broader AI memory demand is becoming structurally contracted rather than sold on short-duration pricing.

• Street semiconductor revenue expectations continue to move sharply higher, with fresh CY26 frameworks now pushing total industry revenue toward roughly $1.6T and memory toward nearly $900B, underscoring just how violent the AI memory repricing has become.

• Nvidia’s AI silicon strategy appears to be broadening beyond pure GPU throughput, with new reporting describing a structured deal around Groq IP and talent aimed at strengthening low-latency inference capabilities alongside the core GPU stack.