Grasping the AI Infra buildout (X): “Internal AI” returns? lower than ...

The AI buildout is accelerating in 2026, and we see it is getting difficult to track what is being deployed, by whom, for what usage, with what financing, and on what underlying business model. As GTC approaches, we address all these questions in a series of one-sliders. Today, we look at what returns hyperscalers generate on AI investments today and how these could improve over time once the "tail effect" kicks in.

Bible 4Q25 - Telecom Infrastructure: No capex growth in sight. Mobile ...

Today, we are publishing the Telecom Infrastructure section of our 30th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. Telecom capex was flat year-on-year in 4Q25 and operator guidance implies this trend will continue in 2026. The outlook for equipment vendors is in line with our expectations: mobile stable,...

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 03/13/2026

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 13/03/2026

Daily Views on Tech Headlines | Foundry, IBM, Quantum

IBM, Quantum: IBM releases a new blueprint for quantum-centric supercomputingView: Yesterday, IBM announced the industry's first published quantum‑centric supercomputing reference architecture, a new blueprint for integrating quantum computing into modern supercomputing environments. The architectu

BE Semiconductor Industries : What do we think about BESI reportedly a...

BE Semiconductor Industries : What do we think about BESI reportedly a...

Wedbush Morning Call - Mar 13 2026 6:42AM

Industry Pricing Running Well Ahead of Modeled Expectations

AT&T Quick Hit: An understandably jittery market digests new wireless ...

AT&T’s widely rumored and reported new wireless pricing plans are now live. In this note, we compare AT&T’s new pricing with the old. We have spoken with the company and independent resources. We dispel some confusion among investors that AT&T has cut prices (they have not). We also compare AT&T’s new pricing to competitors to show their updated industry positioning. Long story short, its ok. This is not the start of a new price war…kind of the opposite.

Tesla, Inc. - December 2025 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Grasping the AI infra buildout (IX): How does the “tail effect” boost ...

The AI buildout is accelerating in 2026, and we see it is getting difficult to track what is being deployed, by whom, for what usage, with what financing, and on what underlying business model. As GTC approaches, we address all these questions in a series of one-sliders. Today, we look at how the "tail effect" boosts ROIC for AI infrastructure and traditional compute deployments.

Autos: Correction progressing; awaiting inflection. Bible 4Q25

Today, we are publishing the Auto section of our 30th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. In the coming weeks we will publish sections on Hyperscale & Cloud, Telecom Equipment, PCs, Enterprise IT, and Foundry. Auto demand came in above expectations. Semiconductor revenue growth remains muted as cu...

Daily Views on Tech Headlines | Meta, MSFT, Xanadu

Xanadu, Quantum: Xanadu announces negotiations toward up to ~$287M in gov't grantsView: Xanadu AI yesterday announced that it has entered negotiations with the Government of Canada and the Government of Ontario for support for Project OPTIMISM, an initiative to establish advanced semiconductor and

Wedbush Morning Call - Mar 12 2026 7:07AM

Quick Hit: GFiber combines with Astound Broadband…who’s affected?

GFiber just announced it is combining with Astound Broadband. In this report we take a deep dive into the footprints of the two companies and analyze their overlap with the major Cable and Fiber operators. This new entity joins Brightspeed, Uniti, and Ziply in the pantheon of private fiber residential overbuilder/aggregators.

Grasping the AI Infra buildout (VIII): “Tail effect” materially boost ...

The AI buildout is accelerating in 2026, and we see it is getting difficult to track what is being deployed, by whom, for what usage, with what financing, and on what underlying business model. As GTC approaches, we address all these questions in a series of one-sliders. Today, we look at what we call the tail effect: How ROIC underestimates the actual return on AI infrastructure over the full useful life of chips.

Launches Strategic Partnership with Zoox

SiPh & Packaging

Daily Recap: KMX, FEC/PXT, UNF/CTAS, JHG/VCTR, CSGP, META, STRZ, VEEV,...

UniFirst Corp. (UNF - $257.91) and Cintas Corp. (CTAS - $196.28)Announces $5.5 Billion Cash & Stock Acquisition; Offer Value $310/share; Expected Close 2H'26. CTAS and UNF announced on March 11, 2026, that they have entered into a definitive agreement under which CTAS will acquire UNF for $310.