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

What Should Convince the Market on AMD This Quarter?

AMD Q126 Down Guide Sinks The Stock, Yet Their Q1s Are Almost Exclusively Down Sequentially!

AMD: 2026 Will Be a Good Year, 2027 Will Be Better Still. Valuations Normalizing.

The Structural Forces Behind Intel's Supply Squeeze

Apple, Intel, and the Systems Foundry Gambit

TSMC: Consensus Revised Up, but Modestly. Stock at Reasonable Valuations

What Intel Needs to Show to Sustain the Recent Reratings

AI | Semiconductors | Commodities, Mint Finance

Raghav Vashisht

AI | Semiconductors | Commodities

Equity Bottom-Up

<ul>
<li>Server and client CPUs are emerging as bottlenecks as AI infrastructure absorbs capacity; pricing increases to flow straight into margins, even as near-term revenue lags execution.</li>
<li>Supply realignment and outsourced production compressed margins and revenue despite firm demand signals, all setting up operating leverage as utilisation and in-house manufacturing improve.</li>
<li>EMIB traction, a $1bn annualised ASIC business, and early 14A customer evaluations point to Intel embedding itself deeper into AI systems well before large wafer wins materialise.</li>
</ul>


Server and client CPUs are emerging as bottlenecks as AI infrastructure absorbs capacity; pricing increases to flow straight into margins, even as near-term revenue lags execution.
Supply realignment and outsourced production compressed margins and revenue despite firm demand signals, all setting up operating leverage as utilisation and in-house manufacturing improve.
EMIB traction, a $1bn annualised ASIC business, and early 14A customer evaluations point to Intel embedding itself deeper into AI systems well before large wafer wins materialise.


TSMC (Taiwan Semiconductor Manufacturing) (TSM US)

TSMC (Taiwan Semiconductor Manufacturing)

What Intel’s Earnings Really Said About CPUs, Foundry, and Operating Leverage

Intel Corp

What Intel’s Earnings Really Said About CPUs, Foundry, and Operating Leverage