GP Bullhound

This week’s GP Bullhound Tech Thoughts Newsletter, brought to you by Inge Heydorn and Ofelia Aspemyr, highlights the following: - The technology market correction was driven by heightened trade and political tensions with China - Nasdaq fell nearly 3%, and the PHLX semiconductor index 6.8%. Investments shifted from large-cap tech to other sectors, particularly small caps. - Despite the market sell-off, we remain optimistic as we believe estimates for 2024 and 2025 are still too low, and companies will grow into their valuations. - TSMC and ASML reported solid results with positive future outlooks, driven by AI demand and increased packaging capacity.

GP Bullhound is pleased to announce its role as the exclusive financial advisor to Just Global on its acquisition by Trilliad. Read more at: https://lnkd.in/dJA69H9S Alec Dafferner Oliver Schweitzer Gerry Kelliher Rory Kimel

This week’s GP Bullhound Tech Thoughts Newsletter, brought to you by Inge Heydorn and Ofelia Aspemyr, highlights the following: a strong Q2 performance driven by AI demand: TSMC's Q2 sales ( 40% Y/Y) exceeded expectations due to robust AI demand, while Foxconn's Q2 revenue ( 19.1% Y/Y) was propelled by AI server demand. Taiwan's June exports rose by 23.5% Y/Y, fueled by US tech firms expanding their AI capabilities, with electronics for AI applications leading the growth. In the software segment, we observe a clear pattern of spending cautiousness, further evidenced by the recent results from Dassault Systèmes and UI Path.

Latest blog post by GP Bullhound´s Inge Heydorn and Ofelia Aspemyr: Will AI bring benefits to the software sector in the second half of 2024? https://lnkd.in/dE6wqB5f

This week’s GP Bullhound Tech Thoughts Newsletter, brought to you by Inge Heydorn and Ofelia Aspemyr, highlights the following: Samsung's preliminary numbers show strong performance driven by a recovery in memory. Amazon's AWS CEO remains bullish on the future prospects of the company. Additionally, BYD continues to demonstrate significant growth.

GP Bullhound has led a $20 million investment in RavenPack, a data analytics pioneer for financial services. This investment aims to accelerate the development and launch of RavenPack’s new AI platform, Bigdata.com, enhancing decision-making for leading financial professionals through the use of premium real-time data sets. Read more at: https://lnkd.in/dZxDRe5m Per Roman, Founder and Managing Partner at GP Bullhound, stated: "The evolution of technology has brought us through several transformative waves, culminating in the current convergence of data and computing power that heralds the fourth wave of software innovation, with AI at its core. Our investment in RavenPack aligns with our philosophy of supporting founders who are at the helm of new technological waves. We are confident that RavenPack is poised to lead the charge in this new era of financial data analytics with the upcoming launch of Bigdata.com”

GP Bullhound's Titans of Tech report has been featured in The Economist. The report delves deep into the growth trends shaping Europe's tech ecosystem, download the full report here: https://lnkd.in/gKitEHSR https://lnkd.in/dkp6Cpzy

This week’s GP Bullhound Tech Thoughts Newsletter, brought to you by Inge Heydorn and Ofelia Aspemyr, highlights: Micron's HBM Memory for AI Solutions Sold Out for 2024 and 2025 Micron is sold out of HBM memory for AI solutions for both 2024 and 2025. This indicates a significant supply constraint in the industry, making it challenging to gain market share in AI solutions. Google's AI Services and Early Pixel Event Google is launching new AI services and has scheduled its Pixel event earlier than usual. Is Google aiming to position itself and Android as leaders in AI services for smartphones?

GP Bullhound is proud to have acted as financial advisor to Bridgepoint Development Capital on the merger of Equativ and Sharethrough. Read more here: https://lnkd.in/gM7wggE6 Guillaume Bonneton Joy Sioufi William Dogger Guillermo Matile

This week’s GP Bullhound Tech Thoughts Newsletter, brought to you by Inge Heydorn and Ofelia Aspemyr, highlights: * A busy economic calendar resulted in lower interest rates, a weaker US Dollar, and a rally across the tech sector. * The trade hardware ahead of software is still valid. * Will Apple Intelligence significantly enhance customer value?