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AI Expectations

Every TraderMagz research note on AI Expectations — thesis, what is priced in, and the live terminal state.

All 16 AI Infrastructure 3 Crypto Infrastructure 2 Macro and Rates 2 AI Expectations 1 Tesla & SpaceX 1 Stablecoins & Digital Dollars 1 Healthcare AI 1 Semicap & Foundry 1 Retail Brokerage & Tokenization 1 AI Power & Nuclear 1 AI Memory 1 Retail L2s & Launchpads 1
AI Expectations 22 min read

Priced for Perfection vs Priced for Failure: Palantir and Super Micro

Palantir's September quarter grew 96% with a 47% GAAP operating margin and more than a billion dollars of operating cash flow, and the share price still needs free cash flow to compound at about 23% a year for a decade. Super Micro grew to $19.9 billion of sales and a $1.6 billion profit, with negative cash flow, a 12.7% gross margin and one customer at 44% of sales. We rank them by how asymmetric the payoff is versus what the price already assumes.

PLTR SMCI