Maribel Lopez

Nvidia revenue beat forecast ($78B vs estimates), confirming the AI boom is not over. SK Hynix and Samsung (Korea) have order books "completely booked by 2027, possibly to 2028." While NVDA's stock reaction is muted due to high valuation/saturation, the "pick and shovel" hardware providers (memory and foundry) in North Asia are seeing a structural re-rating. The demand from hyperscalers is cascading down to the component level, making these "cyclicals" into secular growth stories. LONG. The hardware cycle has longevity beyond the initial hype. Potential double-ordering or a sudden capex pause by hyperscalers (AMZN, MSFT, GOOGL).

Nvidia revenue beat forecast ($78B vs estimates), confirming the AI boom is not over. SK Hynix and Samsung (Korea) have order books "completely booked by 2027, possibly to 2028." While NVDA's stock reaction is muted due to high valuation/saturation, the "pick and shovel" hardware providers (memory and foundry) in North Asia are seeing a structural re-rating. The demand from hyperscalers is cascading down to the component level, making these "cyclicals" into secular growth stories. LONG. The hardware cycle has longevity beyond the initial hype. Potential double-ordering or a sudden capex pause by hyperscalers (AMZN, MSFT, GOOGL).

Nvidia revenue beat forecast ($78B vs estimates), confirming the AI boom is not over. SK Hynix and Samsung (Korea) have order books "completely booked by 2027, possibly to 2028." While NVDA's stock reaction is muted due to high valuation/saturation, the "pick and shovel" hardware providers (memory and foundry) in North Asia are seeing a structural re-rating. The demand from hyperscalers is cascading down to the component level, making these "cyclicals" into secular growth stories. LONG. The hardware cycle has longevity beyond the initial hype. Potential double-ordering or a sudden capex pause by hyperscalers (AMZN, MSFT, GOOGL).