Newsletter

Semiconductor stocks

SanDisk (NASDAQ:SNDK) The Sell Case Behind a 3,300% AI Memory Rally

Why we think Sandisk is a downgrade rating to a sell What if SanDisk is closer to the semiconductor peak cycle than the market currently thinks? That is the key risk investors need to consider when thinking about joining the euphoria AI memory trade. Memory cycles inherently have a long history of hurting investors when…

ByCharlie YouldenMay 21, 2026

Nvidia (NASDAQ:NVDA) Record US$81bn Revenue, But Has the AI Trade Peaked?

Delivers 85% Growth, But the Market Still Shrugs Is Nvidia now priced for perfection? Each quarter, we cover Nvidia because it has become the foundation of the AI trade. It is the company investors look to for the clearest read on where AI demand, data centre spending and semiconductor growth are heading. Nvidia is not…

ByCharlie YouldenMay 21, 2026

US Markets Overnight: Jensen delivers the goods, and the market shrugs anyway

US Markets Overnight provide some relief for the high Beta crowd Here is the thing about being the most important company on the planet: you can post numbers that would make any other CEO weep with joy and still get nothing but a red tick in afterhours for your trouble. That was Nvidia's lot on…

ByMarc KennisMay 21, 2026

DorsaVi (ASX:DVL) Just Cleared the ReRAM Hurdle Investors Were Waiting For

DorsaVi (ASX:DVL) has cleared one of the biggest technical hurdles facing its 22nm ReRAM program to date. The company has developed three different recipes for its ReRAM memory cells, known in the semiconductor industry as memory stacks. All three have now passed the tests required for integration inside a standard commercial manufacturing process. For investors,…

ByCharlie YouldenMay 20, 2026

Nanoveu (ASX:NVU) is buying Spinoff Robotics, investors are excited, and rightly so!

Nanoveu’s announcement today that it will acquire Spinoff Robotics saw shares rise over 20% this morning. Clearly investors think the acquisition marks a decisive shift in the company’s trajectory...and they're right. For several years, Nanoveu has been known primarily for its semiconductor work through EMASS, its visualisation technologies and its materials science portfolio. The acquisition of…

ByNick SundichMay 15, 2026

Cerebras Systems (NSDQ:CBRS): One of the biggest tech IPOs ever debuts at $350 with a OpenAI $20b deal to boot!

Cerebras Systems (NASDAQ:CBRS) surged on debut after pricing at $185, opening at $350 and landing a major OpenAI AI infrastructure deal.

ByCharlie YouldenMay 15, 2026

US Markets Overnight: Cisco walks into the AI bar like it owns the place

US Markets Overnight reminded us of the dot com party in 1999 If you'd told the average punter back in January that the stock to lead an AI-driven, record-breaking session on the S&P 500 and Nasdaq would be the one Aussie investors mostly remember from the dot com era, you'd have copped a polite chuckle…

ByMarc KennisMay 15, 2026

Applied Materials (NDQ:AMAT): The Quiet Backbone of the AI Revolution

We write a lot about semiconductor stocks, but little about Applied Materials and we thought it was time for that to change. After all, Applied Materials is the world's largest supplier of the equipment used to manufacture semiconductors, and one of the most structurally well-positioned companies in the global AI supply chain. Its investment case rests…

ByNick SundichMay 15, 2026

Don’t mention the C word: Are semiconductor valuations ripe for a tumble?

Valuation vertigo and flashbacks to 2000 The Philadelphia Semiconductor Index, better known as the SOX, hit 12,000 points on 13 May 2026. Year-to-date, the index is up roughly 69%. The top ten performers in the Nasdaq have more than doubled year-to-date! SanDisk is up 558% in 2026 alone. Yours truly sat through that earlier episode, watching…

ByMarc KennisMay 14, 2026