LIN disclosed a multi-year gas-supply agreement with a leading semiconductor maker and a $1 billion expansion of its Phoenix on-site gases complex, including two new SPECTRA ASUs. Separately, its Taiwan JV Linde LienHwa plans about $800 million of capex to serve the same customer across multiple sites. The deals highlight robust demand in advanced semiconductor manufacturing and expand LIN's revenue visibility and production capacity.
The ongoing conflict in the Middle East is disrupting helium supplies, critical for semiconductor manufacturing. Halts in production in Qatar may lead to supply shortages, resulting in increased helium prices that could positively impact Linde's earnings. Investors should be cautious but monitor opportunities amidst potential price surges in the helium market.
Linde is in Phase 9 of an 18-phase cycle amidst rising downside pressure. Recent Cakra breakdown has led to a 15% decline since October 6. Gap in structural clarity raises concerns about inherent risks. Monthly chart shows a well-defined Cakra breakout, but potential peak forming. Investors should hedge against downside risk as the cycle continues.
LIN triggered a Power Inflow signal at $415.04 on December 16. The stock rose to an intraday high of $422.79 post-alert. Power Inflow suggests bullish retail and institutional buying interest. This signal indicates a potential price reversal opportunity for traders.
Linde reported Q3 results exceeding market expectations, driven by higher pricing. Continued productivity initiatives were noted across all segments of the company.
