Each pitch covers the thesis, the valuation inputs, and the catalysts behind the target price. Full web briefs and PDF research reports are available for every name.

The thesis rests on a $9.7B Microsoft AI deal and a $3.63B restructuring that reshape the company's capital base, alongside Texas data centers positioned to serve hyperscale AI demand.

The valuation applies EV/EBITDA multiples to contracted capacity, and the pitch lays out each assumption so the target can be reviewed line by line.

The long thesis is driven by a shift toward advanced nodes and the economics of captive foundry outsourcing, which together support a 19.0x forward P/E.

The pitch supports a $38.76 target and documents the operational catalysts that would confirm or challenge the view.