Description

An in-depth look at the semiconductor industry powering the AI revolution, examining the competitive landscape, Q1 2025 earnings results, and how to value chip companies across the design and manufacturing spectrum.

Learning Objectives

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1. Determine how GPUs, CPUs, memory and custom chips work together to power AI infrastructure.
2. Identify the key players across the semiconductor ecosystem and explain what each does.
3. Explain Nvidia's competitive position and the sources of its software lock-in advantage.
4. Differentiate between the valuation frameworks applied to chip designers and foundry manufacturers.
5. Assess what Q1 2025 results reveal about demand, market share, supply constraints and the outlook for semiconductor valuations.