Latest posts
- Revenue Risk: 3 Models for Measuring DownsideRevenue risk is the risk that realized revenue will be lower than expected or below a defined threshold. This post introduces a new series dedicated to revenue risk. I will write several pieces each month about this personal project, including the modeling choices, assumptions, results, and limitations. The objective is not to replace a conventional… Read more: Revenue Risk: 3 Models for Measuring Downside
- Nvidia’s Revenue Is Booming. So Is their Financial Support Around It.Over the same period, a broad measure of Nvidia’s disclosed financial exposures to customers and suppliers increased much faster than revenue itself. That is the most striking conclusion I get from Nvidia’s latest filings. Between October 2025 and the latest disclosed figures, Nvidia’s trailing-twelve-month revenue increased from $187 billion to $303 billion, an increase of… Read more: Nvidia’s Revenue Is Booming. So Is their Financial Support Around It.
- High Bandwidth Memory (HBM): Why AI Is Driving Memory StocksFor decades, memory-chip manufacturers were viewed as highly cyclical commodity businesses. Profits rose when supply was tight, collapsed when manufacturers added too much capacity, and eventually recovered when demand caught up. Artificial intelligence may be changing that pattern. Advanced AI accelerators require enormous quantities of extremely fast memory. This has turned High Bandwidth Memory, or… Read more: High Bandwidth Memory (HBM): Why AI Is Driving Memory Stocks