Earnings
Jul 16, 2026
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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
6 min read
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.
Jun 24, 2026
5 min read
Three companies make the world's big gas turbines. Two blade manufacturers decide how fast they can build them.
Jun 23, 2026
A live test of Tessara’s constraint model for the AI buildout
Jun 17, 2026
The AI fiber shortage is a glass-rod shortage and you can't make the rods on a GPU schedule.
Jun 15, 2026
9 min read
Why AI capacity is not the same as GPU shipments - 8 layers between wafer and live cluster.
