Ford's Numbers Are Out -- EV Sales Were Down 25% -- June 3, 2025

Locator: 48675INVESTING.

Tag: Ford, Apple, Broadcom, tech, chips.

Overall sales up 16%.

Electric vehicle sales experienced a 25% decrease to 6,723 units, including a 42% decline for the F-150 Lightning.

Link here. 

Metrics:

• number of vehicles sold: kind of important
• margins: very important
• net profit: important
• free cash flow / operating cash flow: very important
• the 600-lb gorilla: cash burn
  

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Other Business And Economics News Today

US equity markets surge.

• Broadcom ships latest networking chip to speed AI
• Nvidia just re-ttok the crown as the largest company in the world, passing Microsoft
  
• jobs report came in much stronger than expected.
• JOLTS update showed that job openings unexpectedly rose in April
• jobs market remains in a stable position
  
• temporary pause on garnishment of social security benefits / student loans.
• garnishment will begin in July, 2025, once government has given those affected time to work out their repayment plans
• Ford sales for May, 2025
• Trump / Xi still talking on tariffs
• China's manufacturers suffered their worst slump since May, 2022 -- might get Xi's attention
  
• JPMorgan: talks stagflation; 
• Jamie Dimon getting more vocal about nation's debt
• debt has never been an issue when Democrats in control
  
• SpaceX will record revenue of about $15.5 billion this year (2025) -- Elon Musk
• Norfolk Southern board chair Mongeau resigns
  

Moats:

• I didn't post it, but I was thinking about Nvidia's moat(s)
• it helps that I now understand development of semiconductors and transistors
  
• now, today, a note from Shay on Amazon's moat(s);

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Broadcom Family Of Chips

Too long to list. If interested, ask ChatGPT.

Today, Broadcom unveiled two significant advances in its semiconductor portfolio, both aimed at enhancing AI infrastructure and data center capabilities:

• their Tomahawk 6 Ethernet Switch Chip; and,
• their trademarked 3.5D XDSiP Platform™ for Custom AI Accelerators
• XD: eXtreme Dimenion System in Package (XDSiP™) platform, a groundbreaking packaging technology designed for next-generation custom AI accelerators (XPUs) 

So, we have:

• CPUs (AMD)
  
• GPUs (Nvidia)
  
• NPUs (Apple)
  
• XPUs  (Broadcom)

From February 7, 2025:

Apple suppliers, this is an old screenshot, shown many times on the blog. Search Apple iPhone suppliers.