Browsing: Micron

Every GPU that powers a model training cluster has to be built somewhere, and that somewhere is almost always a fab operated by Taiwan Semiconductor Manufacturing (NYSE: TSM). Taiwan Semi does not design the artificial intelligence (AI) chips that get the headlines. Instead, the company manufactures them at nodes no one else can reliably hit…

I can’t find a single company in the expansive universe of stocks I follow that is growing by billions of dollars per quarter and trades on a laughable single-digit forward P/E ratio. (Thank you for the reminder on this one, Yahoo Finance AlphaSpace.)