🔔 The Daily Semi-Cap — October 6, 2026 📊 SMH: $632.50 (-0.22%) 📈 Earnings: • PENG — $566.7M Q4 FY26 sales (est. $519.9M), $1.00 adjusted EPS (est. $0.77). Adjusted GM 28.8%; sales +68% YoY. FY27 sales outlook raised to ~$2.43B, with $4.45 adjusted EPS at the midpoint. Integrated Memory sales hit $340.8M (+158% YoY); shares rose after hours. 🔥 Major Developments: • Marvell raised its FY28 revenue outlook to ~$20B at Investor Day and set a FY31 target of $70B–$90B, framing AI connectivity and custom silicon as the growth engines. Its estimated addressable market reaches ~$400B by calendar 2030. • Google and Constellation signed a 20-year deal to add 890 MW of nuclear capacity through upgrades at 11 existing units in PJM, backed by more than $4.3B of Constellation investment. A separate 15-year agreement covers 2,700 MW of existing supply. • Applied Materials and Intel expanded their R&D partnership across next-generation transistors, interconnects and advanced packaging, linking Applied’s Silicon Valley EPIC Center with Intel’s Hillsboro campus to accelerate AI-chip manufacturing technology.