### @SOI — Confirmed — from the Q3 FY2026 earnings call; recovery timing is management's stated assumption
the fiber layer shows its signal, of course, but our near-term swing sits in mobile RF-SOI - inventories at two-point-five million eight-inch equivalents fell to two-point-three in September, around two million in December, we undership two hundred to three hundred thousand wafers a quarter targeting roughly one million by end of twenty-six, RF growth should resume in twenty-seven but we don't know exactly when, an assumption we share with you, step by step, Smart Cut moat holds with exactly one licensee
- tier: Confirmed (✓)
- source: SOI / The mobile inventory walk, and the Smart Cut moat
- receipt: https://ticker.thevixguy.com/p/p-day-20260720-soi-src-soi-rf-inventory-and-smart-cut-conversation
- posted: 2026-07-20T08:01:26.623Z