Research Reports

Monthly analysis tracking capital flows through the AI ecosystem. From hyperscaler investments to fundamental resource producers.

December 2025
Free
The Silicon Ceiling and the Indium Key: A Strategic Analysis of AXT Inc.

The AI "Growth" Story Ends in 2026. Unless We Fix the Physics. Our latest deep dive uncovers the single most obscure, yet critical bottleneck in the AI supply chain: Indium Phosphide (InP), essential for the photonics shift. AXT Inc. ($AXTI) controls ~30-35% of the world's substrate capacity and access to raw materials, making it a critical choke point for hyperscalers like Google, Microsoft, and Nvidia. As AI compute scales, securing InP becomes a multi-trillion dollar imperative.

Market Analysis
November 2025
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November 2025: The Nuclear Renaissance

Deep dive into the resurgence of nuclear power driven by AI data center demand. Analysis of utility deals, uranium supply constraints, and investment implications.

Energy
October 2025
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October 2025: Semiconductor Supply Chain Tensions

Examining the bottlenecks in advanced chip manufacturing. From TSMC capacity to ASML equipment delivery timelines.

Semiconductors
September 2025
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September 2025: Data Center REITs Under Pressure

Analysis of the real estate investment trusts powering cloud infrastructure. Valuation concerns, development pipelines, and power availability challenges.

Infrastructure

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