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Premarket Alpha Post-Market Alpha

Daily Alpha · Substack

Ten letters landed: two captured bodies and eight public excerpts. The strongest usable excerpts centered on AI earnings checkpoints and model architecture.

10letters

Themes on this desk

AI earnings checkpoints

Memory, optics and power move from sentiment to company guidance and ramp proof.

Model architecture

SemiAnalysis highlighted Kimi K3's compressed-memory and routing design.

Substack - Asymmetrical Bets

AI earnings move from sentiment to checkpoints

The captured Asymmetrical Bets excerpt frames seven reports across memory, optics and power after a sharp semiconductor drawdown.

The excerpt provides a desk agenda, not the underlying full analyses.

Watch Track company guidance across memory, optics and power.

Source →
public excerpt 395 chars read
Substack - Asymmetrical Bets

AAOI's capacity claim faces an earnings test

The captured excerpt says customer demand exceeds AAOI capacity and centers the Q3 guide, 800G ramp and profit conversion.

The capacity claim is the author's and remains to be tested by company results.

Watch Check the August 6 guide, ramp timing and margins.

Source →
public excerpt 340 chars read
Substack - SemiAnalysis

SemiAnalysis flags Kimi K3 architecture

The captured SemiAnalysis excerpt highlights compressed memory, attention across depth, latent expert routing and serving performance.

The available excerpt supports an architecture watch, not a complete model-economics thesis.

Watch Watch disclosed serving efficiency and reproducible benchmark detail.

Source →
public excerpt 500 chars read