FC

Research · Apr 10, 2026

US-China Tech War Escalates: NVDA Export Ban Widens — TSM and ASML Caught in Crossfire

FC's Q1 FY2026 revenue dipped 7% to $64M on timing and lumpy Education deals, but Enterprise invoiced +4% (N.A. +7%) signals rebound potential. Guidance reaffirmed at $265-275M revenue/$28-33M adj. EBITDA, with back-half leverage. Segments show resilience amid macro pressures.