Earnings
Aug 3, 2026
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3 min read
Here is what we missed.
Jul 28, 2026
6 min read
Tessara's numbers, assumptions and probability range
Jul 27, 2026
1 min read
What will actually matter on the call
Jul 22, 2026
4 min read
Both report today. Our frame on each, and the calls we’ve put on the record before the prints.
Jul 16, 2026
2 min read
Our proprietary read on TSMC before the print + our ASML grade
Jul 14, 2026
Our proprietary read on ASML before the print
The Chokepoint
Jul 8, 2026
The AI shortage is spreading to chips designed forty years ago, made in fabs nobody builds anymore.
Research
Jul 3, 2026
16 min read
The chips, advanced packaging, substrates, cooling, and racks all run through one island. Plus 7 growing names that ride it
Jul 1, 2026
7 min read
The 2nm bottleneck is somewhere else. One etch step, three suppliers.
