A deeply misleading industry practice. Open AI’s latest model has been demonstrated falling short once again, highlighting that the practice of dressing up product launch press releases as scientific papers is deeply misleading and leads the public to think that these models are far more capable than they actually are. In the Artificial Intelligence industry, the days of normal press...
More about Gemini than Metaverse. Google clearly paid the organisers of TED Talks to demo its developments for the Metaverse, but to be fair to Google, it showed good progress in improving the proposition of the Metaverse and head-mounted displays. Google bought its way into a TED Talks session and used its time to demonstrate its AR and VR hardware...
AI freight train is still rolling. The threat of tariffs, trade war, China restrictions and stock market volatility have been unable to dent TSMC, which reported good results and underlined that AI will continue to drive its revenues in 2025. Q1 25 revenues / EPS were NT839bn / NT13.94, broadly in line with estimates of NT837bn / NT13.62. TSMC confirmed...
ASML Q1 25: The tariff effect. ASML reported reasonable Q1 25 results, but its order book was way adrift of expectations, which I take as a sign of weakness in China and uncertainty around tariffs as opposed to a sign that the AI freight train is slowing down. Q1 25 revenues / EPS were E7.7bn / E6.00 broadly in line...
The screw is given another turn. While it is not very difficult to make an argument for banning the sales of advanced chips into China, giving Nvidia no warning and costing it $5.5bn appears to be a bit of own goal in the short term, but in the long-term, this is likely to hurt China’s competitiveness overseas. The US Department...
Nvidia – Window dressing Nvidia is signing up to make products in the USA which is a move I suspect that it was already executing but it will have done itself no harm by being seen to fall in with the patriotic agenda. Following a catch-up with the President of the United States, Nvidia has said that it will produce...
I don’t think Wayve is going to make it. Wayve’s deal with Nissan is a big shot in the arm for the “brute force” approach to autonomous driving, but Nissan has made no promises to use it beyond level 2 leading me to think that a somewhat reluctant Nissan has been coaxed into giving it a try by SoftBank. Wayve...
Yield is everything. Relative newcomer to the semiconductor game SiCarrier made a splash at Semicon China 2025 by launching a lot of new equipment and claiming that non-optical methods may enable China to start producing 5nm chips on homemade equipment. This has underpinned a lot of chatter with some of the commentariat now confidently predicting that China will produce 5nm...
MediaTek – PC next? Mediatek’s new chip for Chromebooks sets a new standard for the high end of the Chromebook market and looks to me to be merely a stone’s throw from Intel and AMD facing another newcomer in the PC Market. MediaTek’s Kompanio Ultra has an NPU that runs at 50 TOPS, 8 Big Arm v9.2 cores(Cortex-X925), 2 x...
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.
Google and Intel – Two Stories
Google Q1 25 – Search remains untouchable Google reported good results as Search continues to contemptuously brush off the generative AI threat, giving it time to ensure that it is Gemini that Google Search users eventually switch to as opposed to OpenAI, Perplexity, Meta or any of the others. Q1 25 Revenues ex-TAC / EPS were $76.5bn / $2.81 nicely...