Picks and shovels of the digital vehicle. Qualcomm is showing signs of executing on its automotive ambitions with a 57% increase in its design win pipeline in the last 3 months as well as a pretty clear view of exactly how it is addressing the vehicle opportunity. Qualcomm held an analyst day specifically for its automotive group where it outlined...
Inflation undermines users’ willingness to pay. It looks like up to 25% of US subscribers to Netflix are considering leaving the service not to join a competitor but mostly because when times are tough, it’s the discretionary spend that gets cut first. This strongly implies that Netflix’s competitors are about to suffer just as much, if not more, with only...
Volvo’s safety drive accelerates the Lidar cost curve. Volvo’s intention to include Lidar on all of its vehicles for safety reasons is likely to accelerate the cost reduction of Lidar to the point where it is included in everything by default making it as ubiquitous as WiFi. This will also have the effect of greatly reducing the cost to deploy...
Ada Lovelace emerges from history in Nvidia silicon. Nvidia has announced its 3rd generation RTX architecture as well as a series of solid but not revolutionary updates to the platforms that it offers on top of its silicon but largely ignored the problems that it is facing in China as well as the impact of the crypto winter. The new...
Unprofitable miners are getting ready to dump their equipment. Crypto miners that were rendered homeless by the Merge are struggling to find economic uses for their equipment meaning that they are very likely to sell up and leave the industry. On Thursday, September 15th, the mechanism by which the Ethereum blockchain is managed changed from computers solving complex problems (proof...
I am not panicking yet. Terrifying claims made in a scientific article in AI Magazine last month predict a high likelihood that the machines will turn against their makers but fails to acknowledge that the machines are so stupid that this is never likely to occur. The main thrust of this paper (see here) is that as AI systems are...
Crypto – The Merge pt. II Ethermine, the world’s biggest mining services provider for Ethereum miners will close its servers over the next 24 hours rendering $10bn of hardware useless which is now likely to end up on the second-hand market. While this is a big step forward for cryptocurrencies in their quest to become viable payment mechanisms (see here),...
Good for payments. Bad for Nvidia / AMD. The Ethereum Blockchain will attempt to change the way it operates this week which will make it much cheaper to operate (good for payments) but at the same time, there will be a load of graphics cards that suddenly are no longer needed by their owners (bad for Nvidia). There are two...
Barry completes the clean-out. Barry McCarthy has completed the clean-out of Peloton meaning that the turnaround can begin in earnest but this remains a risky proposition and there are plenty of other options out there arguably with a better risk/reward trade-off. Peloton has announced that the two founders Hisao Kushi and John Foley are leaving the company they created but...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Faraday Future – Sleight of hand
Faraday Future only tells half the story. In my opinion, Faraday Future is playing fast and loose with investors by issuing a press release regarding the resolution of a shareholder dispute but failing to mention that its vehicle is now suspended until such time that more money can be raised. Fortunately, the market saw through this which caused a rollercoaster...