All writeups

Company research, theme essays and interactive supply-chain maps, collected in one place.

• September 2, 2026ThemePhysical AIThe supply chains behind robotics and autonomyWhat enables more machines to do useful work. Eight enabling markets, with seven family maps tracing the distinct supply chains behind robots, autonomous vehicles and aerial systems.
• August 26, 2026ResearchBEPrice at closing: $218.21Target: $358 (+64%)Long: Bloom EnergyIts customers cannot get a heavy-duty turbine running before 2032, and Bloom already owns a second plant.
• August 19, 2026ResearchAAOIPrice at closing: $122.19Target: $250 (+105%)Long: AAOIAAOI makes the laser every module maker is short of, and its shares are priced as if it bought them.
• August 14, 2026ThemeAIThe supply chain behind AI computeHow AI compute is physically made and combined into operating capacity. Five branches, thirty-eight supply nodes, click any one to read it.
• January 23, 2026EssayThe AI Investment Thesis is Shifting: Training to InferenceAnd the winners are shifting too.