Acquisition remains the most likely outcome.
AI picks and shovels continue to do very nicely. The Western AI industry has clearly put the DeepSeek wobble behind it with no sign of a fall in demand or cut in capex meaning that for now, the AI party continues in full swing. Micron reported excellent results, handily beating expectations and with more to come, there is no sign...
Another use case for AI at the edge. Google’s latest release demonstrates a major use case for running AI on devices, but there are still so many shortcomings that this gigantic opportunity may not materialise for many years. Google has launched Gemini Robotics On-Device, a Vision-Language-Action (VLA) model which has been optimised to run locally as opposed to in the...
7 years later, and China is still at 7nm. Despite a large marketing effort to persuade the world that it is close to being self-sufficient in semiconductors, the evidence points to the contrary, meaning that China is, in all likelihood, stuck at 7nm with an increasingly uncompetitive process. This means that when it comes to a choice, the Western variant...
Microsoft holds most of the cards in this fight. OpenAI and Microsoft are increasingly at odds over what position Microsoft will have in OpenAI once it has restructured into a for-profit company, but OpenAI’s need for cash from SoftBank and the contracts it has already signed mean that Microsoft has the upper hand. OpenAI’s $40bn financing from SoftBank requires that...
Waymo will enable Robotaxis, not operate them. Waymo’s application for a licence to operate in New York City is more about data gathering and working out how to operate in one of the most complex road environments in the world, and less about an imminent strategy to become a robotaxi operator. Waymo has applied for a permit to operate its...
It is no coincidence that Apple and Amazon are AI’s biggest detractors. Competition in AI is spilling over into public relations and marketing and I think that it is no coincidence that the two companies that have the most to gain from an implosion of the AI proposition are also its biggest detractors. Following on from two pseudo-scientific papers from...
AMD offers a growing but still small challenge. AMD has followed Nvidia’s lead in teasing its roadmap early, but also launched new chips, which it claims are just as good as Nvidia’s and in some cases better, but without CUDA, it is still going to be an uphill struggle. However, the AI datacentre chip market is coming AMD’s way as...
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 Hidden Edge
Economics always wins.