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

Where Is the True Value in the Optics Trade? A Comparison of 3 ETFs

Before CPO: Optics Earnings Are Already Separating Scarcity From Volume

[Part 3] What Advantest and FormFactor’s Earnings Say About CPO’s Bottleneck

The Great AI Arbitrage: Plunging Token Prices Meet Surging Capex

Tower Semiconductor: The TSMC of the CPO Trade

Anthropic's Latest Misstep Is A Game Changer For Sovereign & Open Source AI

Initial Thoughts on the Anthropic IPO in 2H26 and Key Beneficiaries in Korea

AI | Semiconductors | Commodities, Mint Finance

Raghav Vashisht

AI | Semiconductors | Commodities

Thematic (Sector/Industry)

Israel Semiconductors and semiconductor equipment / Thematic (Sector/Industry)

<ul>
<li>Tema’s LAZR launched as a photonics basket but quickly added Anthropic SPV exposure. This position plunged from 12.06% to under 5.0% in three weeks, highlighting private-asset ETF volatility.</li>
<li>Daily ETF liquidity does not make the underlying SPV liquid. Moreover, Anthropic publicly prohibits SPVs from acquiring its stock, raising questions about the exact legal claim LAZR holds.</li>
<li>Research partner SemiAnalysis now spans market-moving CPO research, ETF product design, along with a newly filed venture fund. This expanding footprint creates a high bar for disclosure and governance.</li>
</ul>


Tema’s LAZR launched as a photonics basket but quickly added Anthropic SPV exposure. This position plunged from 12.06% to under 5.0% in three weeks, highlighting private-asset ETF volatility.
Daily ETF liquidity does not make the underlying SPV liquid. Moreover, Anthropic publicly prohibits SPVs from acquiring its stock, raising questions about the exact legal claim LAZR holds.
Research partner SemiAnalysis now spans market-moving CPO research, ETF product design, along with a newly filed venture fund. This expanding footprint creates a high bar for disclosure and governance.


Luminar Technologies Inc (LUMINAR123D US)

LAZR: When a Photonics ETF Becomes a Private AI Wrapper