Causality again! China’s real edge
Huawei will produce a tiny fraction of global compute.
V4 shows the impact of US export restrictions.
The IP theft argument is pretty weak
The outlook for AI in China is completely unknown.
Telecom and enterprise. China – Stop, start, stop start Retail – OpenAI and Google onboarded. Take Home Message
Adobe Q1 26 – Unnecessary uncertainty Cambricon – A rounding error.
15th 5-year plan will not solve the AI problem.
DeepSeek: 1, OpenAI: 5, Anthropic 4, Gemini: 9.
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
China vs. USA – The Problem of Scale
China cannot build enough compute