Markets
My watchlist, thesis, and ongoing notes. This is not financial advice.
MI300 series gaining traction with hyperscalers. Watching market share against NVDA in AI inference workloads. Valuation more reasonable than peers.
A significant player in AI compute infrastructure. Monitoring how the competitive landscape evolves as custom silicon and alternative architectures mature. Position sized accordingly.
VMware integration tracking well. Custom AI ASIC business (XPU) growing fast with hyperscaler clients. Diversified revenue makes it a steadier AI play.
Critical equipment for memory and logic fab. Benefits from any upturn in NAND/DRAM capex. Watching China exposure and export control risk closely.
SK hynix supplies the majority of HBM3E going into AI accelerators — a structural position in the AI memory stack. Entered at $170; holding through the cycle. MU is the closest comparable: if the DRAM upcycle continues, SKHY should follow.
Market notes