CES 2023 should be back to its usual mayhem. CES 2023 is shaping up to be a car show once again as this remains the category where there is the most change with both the migration to software and the shift from petrol to electric. However, the crash in technology valuations and sentiment is likely to cast a shadow over...
Meta Platforms – double down Meta is doubling down on its commitment to the Metaverse by, voicing its intention to allocate 20% of its expenses to the Metaverse in a move that is almost certain to hit earnings hard in 2023. Meta’s CTO Andrew (Boz) Bosworth reiterated Meta’s commitment to the Metaverse in a blog post (see here) where he...
Sophistry is ChatGPT’s greatest skill. ChatGPT’s great skill is in its ability to make nonsense and falsehoods sound convincing which is really the only threat that it represents and does not represent a breakthrough moment for AI. ChatGPT is an extension of the GPT-3 language model that has been sanitised and made available for public consumption which has again ignited...
The enterprise is where the immediate action will be. With both device sales and gaming revenues likely to decline this year, the consumer Metaverse theme remains uninvestible, leaving only the enterprise as a viable proposition for the next few years. RFM research (see here and here) has identified that the Metaverse is a potential replacement for the smartphone as a...
The first non-US company falls in. The USA’s mission to isolate China technologically has taken a further turn with Arm deciding that some of its chips wont get licences which will add weight on Japan and The Netherlands with regards to adding restrictions of their own. Arm has determined that the latest version of Neoverse will violate the new regulations...
Tesla’s actions speak louder than Musk’s words. Tesla is admitting that it has failed to solve the machine vision problem by returning radar to its vehicles, in a move that I suspect will be followed by lidar supporting my long-held view that in autonomous driving, Tesla is second rate at best. Tesla started removing radar from its vehicles in May...
Exit from Covid agony becomes clear. Hidden deep in the new regulations lies the key that will allow China to back away from its disastrous Covid Zero policy and at the same time prevent the reputation of the CCP from taking another hit both at home and overseas. This will allow the economy to recover quickly which, combined with the...
A vehicle still makes no sense at all. Apple is reportedly delaying the launch of its vehicle until 2026 and autonomy until later but I remain of the opinion that it has no intention of launching a car as it still makes no economic sense. Bloomberg is citing anonymous sources (see here) that Apple has decided to delay the launch...
Cariad and autonomy likely to be downsized and delayed VW is preparing to re-organise its software and autonomous driving strategy which will see substantial delays as well as further uncertainty in terms of how it intends to delight its users with digital experiences. Following his ascension to CEO of the VW group, Mr Blume has been tasked with fixing both...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Semiconductors – Supercycle pt. IX
Micron pays the piper. Micron is cutting its expectations and spending for 2023 in order to deal with weak demand, but the impact of supply has yet to be felt meaning that this cycle could be as nasty on the way down as it was great on the way up. Micron reported FQ1 revenue / EPS of $4.1bn / LOSS$0.04...