Archive - Chokepoints

The number two in the step every HBM layer repeats.

Jul 27 • Chokepoints.ai

A real AI-packaging chokepoint that was priced for a flawless ramp. A cohort selloff has now put the price inside our accumulate zone.

Jul 22 • Chokepoints.ai

A two-session chip-cohort selloff took the shares down 17.9 percent to ¥2,791 between 15 and 17 July with no TOWA-specific cause, before a partial…

Jul 21 • Chokepoints.ai

A 25 percent slide has taken the price to a through-cycle multiple. We hold; the entry we want sits near $750.

Jul 8 • Chokepoints.ai

June 2026

TE Connectivity

The cheaper half of the AI-connector duopoly.

Jun 24 • Chokepoints.ai

Everyone's right about memory. That's the problem.

Jun 22 • Chokepoints.ai

The AI cloud build-out, priced as if it already works.

Jun 12 • Chokepoints.ai

Welcome to Chokepoints

The winners were the picks and shovels, but only the ones that were chokepoints.

Jun 12 • Chokepoints.ai

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