Money for nothing and your chips for free.
Huawei will produce a tiny fraction of global compute.
Splurge of results and another splurge of capex.
Finally, the market seems to get it.
IPO hopes are receding.
V4 shows the impact of US export restrictions.
Intel Q1 26 – Meme stock territory Meta – Zuck the Knife
SK Hynix Q1 26 – All cylinders Software: ServiceNow Q1 26 & IBM.
Microsoft’s AI is mediocre, and there is no visible fix yet.
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.
Arm FQ4 & CoreWeave Q1 – Rocky Road
Arm FQ4 26 – RSI curse. CoreWeave Q1 26 – Revenue per GW bomb