Andreas Schulz

Composer 2 is now available in Cursor.

In your opinion, between $ABVX, $GPCR, $NKTR, and $VKTX, which will perform best over the next year?

In your opinion, between $AMZN, $LMND, $PATH, and $ZETA, which will perform best over the next year?

In your opinion, between $AMZN, $LMND, $PATH, and $ZETA, which will perform best over the next year?

In your opinion, between $ABVX, $GPCR, $NKTR, and $VKTX, which will perform best over the next year?

$AMD is actually on a favorable design path vs $NVDA. Nvidia pursued monolithic chip design instead of chiplets. This worked great as long as they could keep making the wafers bigger and TSM kept improving NM of chips. Yield may be worse this way, but efficiency and raw power is at its best. Which is why they are so attractive for training. However, TSM is at the theoretically physical limits of NM improvements (in fact, the smaller NM wafers are not even smaller now, it's just marketing where improvements are driven elsewhere). Nvidia's response is that since they can't make chips better with bigger or significantly improved wafers, they will start connecting duplicate dies together into one chip. The blackwell connects two duplicate dies together. They can continue this and connect 4 dies. But continuing on this trajectory to connect 8, 16, etc... is not a sustainable path. Whereas, $AMD is already a leader in chiplet design (connecting smaller purpose made chips together, not duplicates) and use of advanced packaging (adding height instead of width to a wafer) and using it to their advantage on memory. It also gives AMD better Total Cost of Ownership over Nvidia, and faster iteration speed of new chips, since they can use chiplet libraries to upgrade quicker over redesigning entirely new full wafers like Nvidia does for the most part. $AMD has already significantly narrowed the gap in their chips efficiency vs $NVDA, and is leading in multiple areas. Their biggest disadvantage is no true rack solution, which releases this summer, and will be used by OpenAi and Meta. New $AMD and $NVDA chips are now coming toward parity. With Nvidia's biggest lead being in interconnect speed. If $AMD can get a comparable solution, they could even take the lead... Or simply by iterating faster through chiplet release speed.

I’ve been weighing my options through this selloff. I’m 100% invested in $LMND, I’ve maxed out heloc, personal loans and postponed taxes to go even more all in. So it’s with a heavy heart that I’ve come to the decision that today is the day that I finally sell $LMND. It is simply the only degree of freedom that I have left in order to raise money and buy LEAPS instead. I will be increasing my total exposure by 25% today. About the value of my house. 🍋

$TTD Stifel Downgrades to Hold, Lowers PT to $26 Earlier today, AdAge reported that Publicis is no longer recommending TTD to its clients after a third-party consultant determined TTD failed an audit of its service agreement with the agency. We believe Publicis is TTD's largest holdco client (>10% of gross billings in '25 & '24), and maintaining its relationships with its current client base was an integral component of our "2026 revenue acceleration thesis," which contemplated a stable client base, paired with healthy growth from political ad spend during this year's midterms. While we do believe TTD remains the gold standard for digital ad buyers, and we imagine there will be some resolution with Publicis (this is likely a negotiating tactic for PUB), we struggle to find a clear catalyst that will begin to change investor perception to a more positive stance, which means shares are unlikely to work in the near-term.