Portfolio manager Knox Ridley of IO Fund argues that the recent AI-driven semiconductor correction may present a buying opportunity, citing global liquidity as a key tailwind and identifying specific …
Coherent Corp. reported fourth-quarter revenue of $3 billion, driven by demand for AI-related optical components and photonics products. The company's CEO, Jim Anderson, said the AI optics segment is …
Lumentum Holdings Inc. reported fiscal fourth-quarter revenue up 109% year-over-year and 24.5% sequentially, marking its third consecutive quarter of 20%+ sequential growth, with adjusted gross margin…
Western Digital's fiscal fourth-quarter report lagged Seagate's, as Seagate's HAMR products are ramping now while Western Digital's HAMR will not ramp until CY27, trailing by about a year. Analysts so…
Cloudflare reported second-quarter results showing the beginning of an agentic AI inflection, with the company's network seeing increased traffic from AI agents and automation tools. The company highl…
Macom's Data Center segment revenue rose 40% sequentially and 85% year-over-year to $137.6 million in fiscal Q3, surpassing its Defense segment, driven by a diversified AI optics portfolio. CEO highli…
Big Tech's AI revenue surged in Q2 2026, with Azure accelerating to 43% growth, Google Cloud to 82% YoY, and AWS also accelerating, but capital expenditures continue to outpace cash generation, leavin…
SanDisk Corp. reported fiscal fourth-quarter results, with management stating that AI inference workloads will drive demand and visibility for years, according to the company's earnings call. The comp…
Big Tech AI capital expenditures are on track to hit $1 trillion in 2027, with 2026 guidance at $732.5 billion, 158% higher than initial estimates, according to lead tech analyst Beth Kindig. Actual s…
AMD reported record Q2 revenue of $11.5 billion, up 50% year-over-year, with data center revenue more than doubling to $6.7 billion, and guided Q3 revenue to approximately $13 billion. Management expe…
AI token processing demand is surging far beyond forecasts, with Google seeing a 330X increase from May 2024 to May 2026, and Nvidia's upcoming Vera Rubin systems are designed to deliver up to 10X mor…
AI token processing demand has shattered forecasts, with annual token consumption already at 135 quadrillion tokens—2.4 times higher than Dell's 2028 estimate of 57 quadrillion. Dell COO Jeffery Clark…
Nvidia and Google are converging their flagship AI chips on TSMC's N3 node, which TSMC says will remain tight for multiple years, creating an opening for Intel's 18A and 14A processes. TSMC's N3 capac…
Intel Foundry could capture AI chip packaging demand as TSMC's CoWoS capacity constraints persist, according to I/O Fund lead tech analyst Beth Kindig. TSMC held 73% of pure foundry market share in Q1…
TSMC's 3nm chip capacity could become the AI industry's primary bottleneck in 2026 and 2027, according to a report from a semiconductor analyst. The foundry's advanced node production may struggle to …
The I/O Fund released its top 20 stocks for Q3 2026, expanding from 15 to 20 positions to capture an inflection in AI software while maintaining a focus on AI infrastructure. The fund holds five posit…
Google turned free cash flow negative in 2026 as capex surged 107.4% year-over-year to $35.7 billion in Q1, far outpacing operating cash flow growth of 26.7%, according to lead tech analyst Beth Kindi…
Big Tech companies are lagging behind AI buildout suppliers in 2026 stock performance, with Alphabet up 18.7%, Amazon 10.5%, Meta 3.4%, and Microsoft down 17.8% year-to-date, while Micron alone added …
Corning, a leading glass manufacturer, is pivoting heavily into AI networking, leveraging its expertise in optical fiber and specialty glass to support the growing demand for AI data center infrastruc…
Nvidia is developing its proprietary CMX platform to improve AI inference economics by offloading KV cache to SSDs via BlueField DPUs, while the open CXL standard offers a vendor-agnostic alternative.…