TSEM Rally, LITE/COHR OFC Takeaways, MU Crushes, PL Profitability Inflection, AI RIF, Space Sector

This was OFC + GTC week — arguably the most important dual event window of the year for semi/hardware investors. While the S&P 500 continued grinding lower on oil and geopolitical risk , optics names had a week of their own. We are especially glad to see TSEM quickly gather market attention and deliver one of the strongest alphas since we published our deep dive a couple of weeks back. We believe optics is clearly emerging as THE HOTTEST AI semi/hardware segment, and we will have many more deep dives along the supply chain.

During the week, we were glad to see our work acknowledged by one of our readers, @pyhrroll, who showed that Funda AI is among the best Substacks in stock ideas. Specifically, among high-volume authors, we delivered outstanding alpha while others tended to converge toward market returns. This result demonstrates our continuous effort to generate a wide range of alpha ideas through deep-dive fundamental work.

Source: @pyhrroll on X.com