Chip Stock Investor Podcast

Veeva Systems has been hammered by the AI-driven software selloff — but when you look past the stock chart, the fundamentals tell a completely different story. Zero debt, over $6 billion in cash, $1.4 billion in free cash flow, and a reverse DCF suggesting the market is pricing in only 5% growth. That seems like a very easy hurdle for Veeva to clear. In this episode, Kasey breaks down why Veeva is...

Circle Internet Group (CRCL) just dropped its first annual report — and this "crypto stock" operates more like a bank than most investors realize. We dig into reserve income, USDC in circulation, the Circle Reserve Fund managed by BlackRock, and exactly what the Federal Reserve's rate moves mean for this business. We also break down Arc Blockchain, the Circle Payments Network, and ru...

Sony quietly controls 50% of the world's CMOS image sensors — including every camera inside every iPhone. But most investors still think of them as a gaming company. In this episode, Bob Ma, investor at WIND Ventures and physical AI specialist, breaks down why Sony Semiconductor could be one of the most undervalued positions in the entire AI hardware stack — and what the shift from digital AI...

The 2026 CPU shortage is making headlines — but the real story isn't a supply crisis. It's Intel losing its data center CPU dominance at exactly the wrong moment, and AMD stepping in to fill the gap. In this episode we break down: Why the CPU bottleneck is an Intel market share problem, not a shortage AMD's EPYC Turin and Venice CPUs and why they're positioned to win Intel's Ap...

ARM Holdings just made history. For 35 years, ARM was a licensing company — selling IP blueprints to Apple, Nvidia, and Qualcomm. Now they're designing and selling their OWN chips. The ARM AGI CPU is their first-ever production silicon, built specifically for AI inference in data centers — and it's already got Meta, OpenAI, and Cloudflare as customers. In this episode, we break down: What...

What can a group of machine-smashing craftsmen from 1800s England teach us about AI, data centers, and the chip trade? More than you'd think. We brought in Jacob Goldstein — host of Business History Pod and What's Your Problem, and author of Money: The True Story of a Made Up Thing — to dig into what the Luddites actually got right, and what that means for where we are today. The Luddites were ski...

ASML is known for one thing: the most advanced EUV lithography machines on the planet. But there's a quieter story developing in their advanced packaging division that's worth paying attention to. While the Fab Five have seen a recent sell-off, the second half of 2026 is shaping up to be a revenue inflection point for the semiconductor equipment sector. In this episode, we dig into how ASML is ite...

IPG Photonics just dropped an earnings report without mentioning AI once. In a world where every tech company is waving the AI wand, that's either boring or brilliant — we think it's the latter. IPGP is flying under the radar as a critical player in global industrial manufacturing, and the industrial slump may finally be turning a corner. In this episode we cover: Why the "no AI"...

Is High-Bandwidth Flash (HBF) a direct competitor to HBM, or something entirely new? In this episode, we break down the technology of High-Bandwidth Flash (HBF) and its role in solving the "memory wall" for AI inference.<br>We explore how HBF fits into the existing memory hierarchy—sitting between HBM and traditional NAND flash—to provide high capacity and increased speed for the n...

Are the hyperscalers including Alphabet the ultimate cybersecurity investment for 2026? While hyperscalers like Microsoft—boasting a projected $37 billion in fiscal 2025 revenue—Google, and Amazon are the safest entry points , pure-play companies like CrowdStrike often provide more robust, fast-moving products for organizations that prioritize high-level data security. We explore how the shift tow...

Chip Stock Investor breaks down Micron’s Q2 fiscal 2026 earnings, highlighting nearly $24B in quarterly revenue (tripling year over year), surging AI data center demand, and standout Q3 guidance of $33.5B versus about $23B expected. <br>Financial highlights include $13.8B GAAP net income, $5.5B free cash flow amid heavy capex, and a strengthened balance sheet with $14.6B cash and about $10B...

Nvidia’s GTC 2026 is finishing up and there is a lot of focus on AI inference. Remember that licensing deal with Groq? By pairing Groq 3 LPX compute with Vera Rubin systems, Nvidia is targeting a 10x revenue jump—moving from $30 billion with Blackwell to a staggering $300 billion opportunity in Ai inference. <br>Jensen Huang’s "five-layer cake" strategy now dominates the entire dat...

Onto Innovation is a critical "choke point" in the semiconductor supply chain, providing the essential metrology and inspection gear that makes advanced packaging and high-bandwidth memory (HBM) possible. In this deep dive, we break down why their flagship Dragonfly system is a winner in the AI era and how the company is successfully pivoting growth toward Taiwan and South Korea to offse...

Transmedics (TMDX) finished a great fiscal year in2025, but the market is reacting to some interesting shifts in their 2026 guidance. In this video, we break down why this organ care leader is a small bet in the Chip Stock Investor portfolio and what the inflection point from operating loss to profit means for long-term holders.<br>In this video, we cover:--37% annual revenue growth and the...

We break down Oracle’s Q3 FY2026 earnings, highlighting 44% year-over-year cloud revenue growth to $8.9B, driven by IaaS at $4.9B up 84%, while legacy software growth remains slower. <br>We hash over Oracle’s remaining performance obligations (RPO) of $553B, up 325% year over year, and discusses how heavy data center capital expenditures are pressuring free cash flow (over $11B negative) and...

In this analysis of Marvell Technology’s (MRVL) Q4 fiscal year 2026 earnings, Chip Stock Investor explores the company’s dramatic shift toward becoming an all-in AI data center infrastructure play as data center revenue approaches nearly 80% of total sales. <br>The video breaks down Marvell’s core technological buckets—Logic, Networking, and Storage—highlighting their custom XPU work for maj...

The cybersecurity landscape has shifted dramatically since our 2024 manual, especially following the SaaS Apocalypse. While pure-play leaders like CrowdStrike, Fortinet, Cloudflare, and our newest addition, Rubrik, remain central to the Chip Stock Investor core basket, the industry is moving away from siloed products toward unified AI-driven platforms.<br>Despite recent market volatility, cy...

Broadcom’s momentum does not appear to be slowing down anytime soon. With a Q2 revenue guide of $22 billion and AI chip sales projected to climb 140% year-over-year, the company is scaling custom silicon for the likes of Google, Meta, and the top AI labs.<br>Announcements included its new custom accelerators called, get ready,...3.5D eXtreme Dimension System in package (XDSiP) platform. It&#...

Everpure, formerly known as Pure Storage (PSTG), is undergoing a significant business model transformation from solely a NAND flash hardware provider to a data management and software-centric company. This shift is highlighted by the acquisition of 1Touch (rebranded as Pure1) to enter the Data Security Posture Management (DSPM) market and a strategic partnership with Meta, where Everpure provides...

Axon Enterprises (formerly Taser) is undergoing a transformation from a product-based company to a critical public safety infrastructure giant. In this video, we dive into their February 2026 earnings update, exploring how "Physical AI" and recent acquisitions like Dedrone and Carbine are fueling their next leg of growth.<br>Join us on Discord with Semiconductor Insider, sign up on...

Can Nvidia Hit $500 BILLION? 🚀 The AI "Five-Layer Cake" Explained<br>Nvidia is on a historic run, pacing to exceed $300 billion in sales for fiscal year 2027 (calendar 2026), with some estimates reaching as high as $400 billion. We are now looking at the once-impossible milestone: Half a Trillion dollars in revenue.<br>But how are these numbers even possible? Is this a bubbl...

AI is breaking out of the data center and entering the physical world around us. In this video, Kasey and Nick explore Synaptics (SYNA), a fabless chip designer traditionally known for mobile touch sensors that is now betting big on "Physical AI" and Human Machine Interfaces (HMI).<br>Join us on Discord with Semiconductor Insider, sign up on our website: www.chipstockinvestor.com/m...

Are we in an AI arms race or a massive overspend? Kasey and Nick sit down with Simon Erickson, founder of 7Investing, to break down the staggering $364 billion spent on CapEx by Meta, Microsoft, Alphabet, and Amazon last year alone. In this deep dive, we discuss: -- Why companies like Google and Amazon are vertically integrating their own hardware (TPUs) to avoid Nvidia’s high margins. --Apple’s "...

As we gear up for Nvidia earnings, the conversation in the AI data center era has shifted toward one critical ingredient: Memory. In this video we are discussing the "memory trade" and why High Bandwidth Memory (HBM) is causing such a shift in the market. In this video, we break down Micron’s (MU) aggressive production ramp and debunk the rumors surrounding their place in Nvidia’s supply chain. Jo...

Palo Alto Networks (PANW) is facing a volatile market, leading many to ask: is the "SaaS Apocalypse" finally hitting cybersecurity? We break down why the market is hammering the stock despite a clear secular growth trend in the industry.<br>Since Nikesh Aurora took over in 2018, Palo Alto has spent $31 billion on multiple acquisitions to pivot from a simple firewall provider to a c...