Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

Memory's TurboQuant Panic Misses Where Demand Actually Sits

TurboQuant Was an Excuse; The Memory Cycle Was Already Splitting.

Micron @ JPM 54th Annual TMT Conference: Key Takeaways & Full Transcript

Micron Pre-Earnings: Pricing, HBM, and the Question of Peak Margins

Micron. Don't Sweat The Dip, Focus On The Five Year SCA!

Is Software Getting Cheap? De-Rating, but Not Cheap. Hyperscalers and Some Fintech More Interesting.

AI | Semiconductors | Commodities, Mint Finance

Raghav Vashisht

AI | Semiconductors | Commodities

Equity Bottom-Up

<ul>
<li>Micron’s results reinforce a tight DRAM/NAND market, but SCAs signal a move away from pure spot exposure toward contracted demand.</li>
<li>The step-up to &gt;$25bn capex is largely cleanroom and infrastructure-driven, implying supply additions are back-ended into 2027–28.</li>
<li>Data centre demand to cross 50% of industry bit TAM; changes in product mix give more room for margins to expand.</li>
</ul>


Micron’s results reinforce a tight DRAM/NAND market, but SCAs signal a move away from pure spot exposure toward contracted demand.
The step-up to &gt;$25bn capex is largely cleanroom and infrastructure-driven, implying supply additions are back-ended into 2027–28.
Data centre demand to cross 50% of industry bit TAM; changes in product mix give more room for margins to expand.


TSMC (Taiwan Semiconductor Manufacturing) - ADR (TSM US)

TSMC (Taiwan Semiconductor Manufacturing) - ADR

A Stellar Quarter Sees Micron Fix Cyclicality; Could That Hurt The Stock?

Micron Technology

A Stellar Quarter Sees Micron Fix Cyclicality; Could That Hurt The Stock?