Jun. 22 at 7:12 PM
$NVDA Important insight from last ER:
Data Center revenues beat… but:
Compute:
$60.4B vs
$61.1B est
Networking:
$14.8B vs.
$12.8B est.
There’s a new monster growth segment in town while the incumbent wanes.
The AI buildout is a major infrastructure project, compute was the first wave, but it’s time to move towards networking both rack scale and industrial scale.
This is bullish
$GLW by far, but also reads through well for
$AMKR and probably for spec names
$AAOI etc…
Those are rack scale, we are looking ahead to the industrial scale networking boom that will see similar returns as we saw in the current photonics/optics theme.
We have a name that has over 100% upside in this space fully covered:
https://kryptonresearch.substack.com/p/connecting-the-future
As for semis… likely a near term local top.
$SMH
Nvidia will do just fine as they are effectively a diversified tech infra company now rather than a semi only.
