The memory industry has a habit of turning shortages into gluts. Demand for dynamic random-access memory (DRAM), which holds data while processors work, has historically followed spending on PCs, smartphones and servers. When prices rise, manufacturers invest in more capacity, which can arrive just as demand weakens. Factories still carry high fixed costs, leaving profits exposed when chip prices fall.
Download PDF Introduction The AI trade is no longer behaving as one single boom, as the debate over which parts of the industry will actually capture the profits has intensified among investors. After two years in which artificial intelligence pushed valuations higher across semiconductors, cloud platforms, model labs, and enterprise Read more…
Download PDF Background The launch of OpenAI’s ChatGPT has brought the semiconductor industry under the spotlight, resulting in a year of particularly high hype from investors, with constant stock spikes and new technological standards. With generative AI software gaining popularity over the past year, chipmakers’ performance has begun to catch Read more…
Download PDF This article looks at the top trends impacting the semiconductor industry right now. 1. Moore’s law is hitting a brick wall Moore predicted that the number of transistors on a chip would double roughly every two years. This held true for several decades and became known as Moore’s Read more…
Download PDF NVIDIA Corporation (NVDA : NASDAQ) – market cap 24/9/2020: $305.1bn ARM Holdings – privately held by Softbank Introduction On the 13th of September, Softbank agreed to sell its UK subsidiary Arm Holdings to Nvidia in a $40bn deal. The cash-and-stock transaction will be the largest in the Read more…
Mellanox Technologies Ltd [MLNX: NASDAQ] – Market Cap as of 03/04/2019 $6.46bn NVIDIA Corporation [NVDA: NASDAQ] – Market Cap as of 03/04/2019 $114.25bn Introduction On Monday 11 March 2019 NVIDIA announced an all-cash acquisition of Mellanox Technologies at $125 per share, implying a total EV of $6.9bn. NVIDIA, whose share price had previously come under pressure due to Read more…