Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Advanced Micro Devices / Equity Bottom-Up

<ul><li>Advanced Micro Devices is pushing deeper into artificial intelligence after agreeing to acquire World Labs, the AI research company co-founded by Fei-Fei Li, in an $8.2 billion all-stock transaction.</li><li>World Labs develops frontier AI models capable of generating and reasoning about three-dimensional environments, potentially extending AMD’s ambitions beyond supplying processors and accelerators into the model, software, and physical-AI layers of the computing stack.</li><li>The transaction comes as AMD’s AI business is scaling rapidly: second-quarter 2026 revenue rose 50% year over year to a record $11.5 billion, while Data Center revenue more than doubled to $6.7 billion and represented 58% of company sales.</li></ul>

Advanced Micro Devices is pushing deeper into artificial intelligence after agreeing to acquire World Labs, the AI research company co-founded by Fei-Fei Li, in an $8.2 billion all-stock transaction.World Labs develops frontier AI models capable of generating and reasoning about three-dimensional environments, potentially extending AMD’s ambitions beyond supplying processors and accelerators into the model, software, and physical-AI layers of the computing stack.The transaction comes as AMD’s AI business is scaling rapidly: second-quarter 2026 revenue rose 50% year over year to a record $11.5 billion, while Data Center revenue more than doubled to $6.7 billion and represented 58% of company sales.

Inside Advanced Micro Devices’ $8.2 Billion World Labs Acquisition & Its Hidden AI Synergies!