Semiconductors
Semiconductor industry stories covering AI chips, custom silicon, hyperscaler buildouts, and chip supply chains.
5X Growth: Micron Stock HBM Demand Surge
Semiconductors • Stocks • Memory Chips • AI Infrastructure • HBM • Growth Investing
MU stock gross margin jumped from 22% to 68% in eighteen months. Memory companies do not achieve software-like margins. Until now. HBM is sold out through 2026. The stock trades at 7.6x forward earnings while competitors struggle with yields. Wall Street prices a cyclical chipmaker. The data describes a structural transformation.
Data center is 56% of revenue. HBM sold out through 2026. TAM projected at $100 billion by 2028. The margin is not a peak to fade. It is a signal that memory crossed from cyclical to structural.
2x Megatrend: How TTMI Stock Tripled in 2025
Semiconductors • AI Infrastructure • PCB • Stock Analysis • Investing
TTMI stock tripled in 2025. While chip makers grabbed the headlines, the real driver sat one layer deeper. Defense and AI demand converged on a single supplier. Revenue run rate hit $3 billion. Defense backlog locked in $1.46 billion. Data center computing grew to 22% of sales. Two megatrends. One PCB manufacturer.
Defense and AI now drive 80% of revenue. Revenue accelerated from 14% to 22% growth. When two megatrends converge on one supplier, the math compounds faster than headlines.
Source: TTM Investor Relations, Nasdaq, Seeking Alpha, MacroTrends
$162B Backlog: AVGO Stock 5x Hyperscaler Buildout
Semiconductors • AI Infrastructure • Custom Chips • Hyperscalers • Stock Analysis • Investing
AI revenue surged 220% in one year. Backlog hit $162 billion. Five hyperscaler customers, Google, Meta, ByteDance, Anthropic, and OpenAI, locked in $73 billion in AI chip orders with 18-month delivery schedules. The market assumes AI chips equal Nvidia. But inference is 70% of AI compute by 2027, and inference runs on custom silicon.
AI revenue surged 220% in one year. The backlog hit $162 billion. Five hyperscaler customers locked in $73 billion in AI chip orders. The infrastructure layer was claimed before the market noticed.