While many of the names have picked up already, in my view this has mostly been due to the strongly improving underlying fundamentals and not the market pricing the necessity of these inputs as bottlenecks. Micron is a great example, trading at ~5.5x forward earnings while HBM proves absolutely critical to AI infrastructure.
So many tickers to consider and they all have rallied so hard already.
Great article Damnang!
While many of the names have picked up already, in my view this has mostly been due to the strongly improving underlying fundamentals and not the market pricing the necessity of these inputs as bottlenecks. Micron is a great example, trading at ~5.5x forward earnings while HBM proves absolutely critical to AI infrastructure.
Nice job, made me hit the "re-subscribe" button :-) Fantastic premise for an article.
Any view on Ambarella in this future? Surely edge will end up winning a lot as it's most efficient? So QCOM and AMBA?