Economics & Finance
Teach-in Series 6 - OSAT & Advanced Packaging
Assembly, test, and the packaging revolution reshaping the back end Executive summary OSAT — outsourced semiconductor assembly and test — firms take finished wafers and turn them into packaged, tested chips. Historically the lowest-margin link in the chain, the back end has been transformed by advanced packaging: chiplets, 2.5D/3D
Teach-in Series 5 - Foundries
The contract chip manufacturers — and TSMC’s extraordinary dominance
Teach-in Series 4 - Fabless & System Companies
The chip designers — and the system makers now designing their own silicon.
Teach-in Series 3 - IDM
Companies that design and manufacture their own chips — memory, analog, power, and Intel.
Volts to Intelligence - Data centre electricity use surged in 2025, even with tightening bottlenecks driving a scramble for solutions
Summary: A report from IEA shows that data center electricity use surged in 2025, turning power access into one of the most important constraints on the AI boom. The AI trade has usually been framed around chips, models and capital. But the International Energy Agency’s latest report points to
AI Speedrun - Is Anthropic “Tech”? Read the Fine Print Behind a Market
Anthropic looks obviously “tech,” but Kalshi’s sector market turns that assumption into a probability puzzle.
Teach-in Series 2 - EDA & IP
The design-enabler layer of the chip economy — the software and reusable IP that make every chip possible. A companion to the Equipment & Materials primer.
Teach-in Series 1 - Semiconductor Equipment & Materials
The capital-equipment and materials layer that enables all semiconductor manufacturing — its structure, economics, leaders, and strategic risks.
Silicon Bakery - SK Hynix Nasdaq IPO: Gunning for Micron or Recoiling From the Korea Discount?
SK Hynix, one of the leading manufacturers of DRAM and NAND, will list American Depositary Receipts on Nasda. Here's our thoughts:
Commodity Desk - Gold slips as fresh US-Iran strikes boost oil, Fed rate-hike bets weigh...
June 29 (Reuters) - Gold slipped on Monday as renewed U.S.-Iran strikes pushed oil prices higher and revived a more uncomfortable market question: what if Middle East risk is no longer simply bullish for gold, but also hawkish for the Federal Reserve? Will gold recover to $5,000 this
Silicon Bakery - Apple Raises Price While Micron Calls out Apple for Memory Shortage
Apple is raising prices of multiple key products as a pass-through of skyrocketed memorgy costs; While Microns seems to hold a different view. Apple vs Micron - Who Do You Believe Stands for the Truth? AppleResult28.57%MicronResult71.43%56 PollsEndedTBD Apple raises prices of MacBooks, iPads as memory costs
Market Rumor - Apple seeks to buy memory chips from blacklisted Chinese company
iPhone maker wants Trump administration to sign off on purchases to ease pressure from rising semiconductor prices.
