SMIC after US embargo, forced to use DVU, SMIC adopted the N+2 process and was able to produce advanced AI chips for China withou EUV. The yield rate of Ascend 910C made by SMIC has increased from 20% a year ago to 40% that can make money.
Key points from Munger Daily Journal’s 10 years of shareholder meetings
I spent some time reading through all the transcripts of the Q&A of Munger Daily Journal (ticker: DJCO)’s sessions at shareholder meetings during his 10 years (2014-2023) . Summarized my personal thoughts and ideas in the article you are reading now.
The value of Palantir, pros and cons of Palantir investment
Palantir’s reliable revenue, it has long relied on bids from the U.S. government and a handful of Western allies that are very close to the United States. Palantir’s top management certainly knew the urgency of this issue, so they began to use their own advantages to establish relationships with business partners, hoping to change the single nature of the company’s business and expand the company’s products to customers outside the government, or to Application scenarios other than military and national security.
165 billions investment proved TSMC moat and competitiveness is fragile
Anyone who believes TSMC moat or competitiveness is a day dreamer. Once US takes action, investors will know whether TSMC has a wide enough corporate moat or competitiveness.
In the crowd, it’s impossible to think independently or keep sane
The crowd, groups of people, when clustered together, have a collective unconsciousness
Deep Dive on SoundHound, the top AI Voice expert
SoundHound provides white-label (similar to ODM foundy) solutions, a market that tech giants cannot and are unwilling to enter. This approach gives businesses full control over their brand, user profile, and voice assistant functionality, a key differentiator for companies wary of sharing sensitive information.
The key points of Andy Lin investment style
If you are the read of my two books and my blog, should be familiar with the five Andy Lin investment styles that I have repeatedly advocated: US stocks only, Long-term investment, Growth stocks preferred, Concentrated investment, Invest within my circle of competence.
Buffett’s 2025 Berkshire Shareholder Letter
The following is the internet link of Buffett’s 2025 Berkshire Shareholder Letter, including English version and Chinese version
Statistics can be deceiving
The most serious and most capable of changing statistical results is preconceived ideas “Shoot before set target”────because statistics and market surveys belong to more fields of non-science, and the mathematics and statistics involved in the middle are just tools . It is people who report and interpret in the end; as long as there are people, there will be prejudice.
Camtek: A little-known but outstanding semiconductor equipment supplier
Camtek is a high-end inspection and metrology equipment for semiconductor industry. Over the past five years, the stock price has increased by 662.11%. Over the past 10 years, the stock price has increased by 2630.46%.