Chip Stock Investor Podcast

Schneider Electric stock: Is the $23.7 billion all-cash PTC acquisition worth the debt Schneider will take on?
In this video: why Schneider is buying PTC and Cognite to push into industrial software, how PTC’s software margins compare with Schneider’s, and why the debt load makes us cautious for now.

Schneider Electric is spending roughly $26–27 billion in total to add PTC and Cognite to its AVEVA software business, moving downstream from power equipment into design, lifecycle and AI software. PTC’s 37.8% operating margin and 31.7% free cash flow margin could lift Schneider’s profitability over time. But with the deal funded by debt and integration costs ahead, we see Schneider as a hold until it reduces that debt, much like Synopsys after it bought Ansys.

Chapters
0:00 - Schneider’s $23.7B PTC Deal: Why It Matters Now
0:35 - Cognite: The $3.1B AI Platform Already in the Pipeline
1:50 - How PTC Fits Into Schneider’s AVEVA Software Stack
3:00 - Moving Downstream: Vertical Integration vs. Synopsys-Ansys
4:20 - What $24B Buys: Creo, Onshape & Lifecycle Software
7:10 - Digital Twins: The Real Industrial AI Use Case
9:00 - Financials: PTC’s Margins vs. Schneider’s
11:20 - Balance Sheet: Funding the Deal With Debt
12:15 - Lessons From Synopsys-Ansys & Our Verdict on Schneider

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Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.

CSI doesn't own shares of Schneider as of publication. Positions can change without notice.

Join our weekly live Q&A for exclusive sessions like this one! https://chipstockinvestor.com/features-and-pricing#pricingMicron stock: why does a memory maker with capacity sold out through fiscal 2028 still trade at a ~13x P/E?In this video: why cyclical stocks often look cheapest near the top of a cycle, what a reverse DCF says Micron is pricing in, and how our normalized profit calculator reframes its valuation.A reverse DCF at today’s price implies just 4% annual EPS growth for three years, which is far below what Micron should earn next year alone. When we normalize instead (50% revenue CAGR, net margin easing from ~63% to 50%, 5% annual buybacks, and a 10x exit multiple), Micron looks more like a 17x stock, with a midpoint fair value around $1,700 per share. The market isn’t wrong. It’s pricing in three to five years of elevated profit and treating everything after that as a question mark. The thesis is a bet that the market will eventually reprice a better long-term outcome, and that’s why we’re still holding into 2027.Chapters0:00 - Why Cyclical Stocks Look Cheapest at the Worst Time1:00 - Viewer Question: Micron Sold Out Through 2028, So Is It Cheap?1:45 - Using Normalized Profit for Companies That Are Over-Earning2:30 - The Market Isn’t Wrong, It’s Pricing Probabilities5:00 - Micron as a Memory IDM: The Boom-Bust Layer of the Supply Chain6:50 - Why We’re Likely Not at Peak Memory Cycle Yet7:30 - Reverse DCF: Where the Model Breaks for Micron8:45 - Normalizing MU: 50% Revenue CAGR, Margins Down to 50%11:00 - From 13x to 17x P/E and a Fair Value Range13:00 - “This Time Is Different” and Why We’re Still Holding MU— LINKS & RESOURCES —Join Semi Insider — $120/yearSemi Insider is Chip Stock Investor's paid research service: all research as it happens, the CSI 100 + quarterly outlook, dashboard tools (Compare Companies, Reverse DCF, supply-chain mapping), weekly live Q&A, portfolio moves before execution, and the private Discord.Join: https://chipstockinvestor.com/features-and-pricingFree demo: https://demo.chipstockinvestor.com/All our links & socials: https://linktr.ee/chipstockinvestorContent in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.CSI owns shares of Micron as of publication. Positions can change without notice.

Amkor (AMKR) stock: a solid Q3 2026 and a bigger Nvidia deal, so why are we still passing?
In this video: what Amkor actually does in advanced packaging, what drove its Q3 2026 results and margin jump, and why we’d rather own the equipment makers behind packaging than the packager itself.
Sponsored by Fiscal.ai. See disclosure in the sponsor block below.

Amkor posted Q3 2026 revenue of $1.99B (flat YoY), gross margin up about 400 bps to 18.3%, and net income up 50% YoY to roughly $191M. Free cash flow turned negative on $548M of capex, and Nvidia expanded its commitment to $3B total with a new $1.3B for South Korea. The stock now trades around a mid-teens forward P/E, but 2027 expansion spending could weigh on profits. That’s why we prefer packaging equipment exposure, like Applied Materials, which is raising its BESI stake to 20%.

Chapters
0:00 - Amkor Q3 2026 and the AI Packaging Bottleneck
1:05 - What Amkor Does: Advanced Packaging Explained
2:35 - Why Packaging Is Now a Key Industry Bottleneck
3:20 - Nvidia’s $3B Commitment and the TSMC Partnership
4:50 - Q3 Results: Revenue, Net Income, and Free Cash Flow
6:15 - Segment Breakdown: Computing and Auto Up 37%
7:10 - Why an 18% Gross Margin Isn’t a Red Flag
8:45 - Balance Sheet Strength and Q4 2026 Guidance
10:15 - Valuation Reset: Should AMKR Trade at a Premium?
12:00 - Our Verdict: Why We Prefer Packaging Equipment

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Sponsor — Fiscal.ai
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Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.

CSI doesn't own shares of Amkor as of publication. Positions can change without notice.

Is chip materials science, not just GPUs, becoming the next AI bottleneck?
In this video: what large quantitative models (LQMs) are and how they differ from LLMs, why the shift to 3D chips makes new materials critical, and how SandboxAQ plans to use its $500M CHIPS award.Shalini Sharma, Ph.D., who leads semiconductor materials innovation at SandboxAQ and previously worked at Applied Materials, joins us to explain how AI and quantum-based simulation can screen millions of candidate chemistries before anything reaches a lab.We cover SandboxAQ's business model and four CHIPS focus areas: PFAS-free chemistries, catalysts and precursors, fab backup batteries, and rare-earth-free magnets. We also discuss what faster materials R&D could mean for suppliers like Applied Materials, Entegris, Qnity, and Shin-Etsu, and for onshoring the chip supply chain.Chapters00:00 Intro: Shalini Sharma and SandboxAQ01:15 LQMs vs. LLMs explained02:20 Why materials are the hidden AI bottleneck03:55 From 2D scaling to 3D chips and the Angstrom era06:30 CFETs, compound semis, and science as a search problem09:15 Do LQMs have a scaling law?10:30 GPUs, ASICs, and where quantum computing fits12:10 Applied Materials vs. SandboxAQ culture16:45 Favorite science meme17:20 The $500M CHIPS award20:00 Supply chain risk: 90% of key magnet materials made abroad20:55 How SandboxAQ makes money22:45 Three go-to-market paths, including LQMs on Claude24:15 Customers and the four CHIPS verticals30:20 PFAS in data center cooling fluids31:50 What this means for materials suppliers33:45 A new wave of industrial startups?36:40 Applied Materials' AI tools for process recipes40:05 Wild card: best spot in Palo Alto41:45 Wrap-up— LINKS & RESOURCES —Join Semi Insider — $120/yearSemi Insider is Chip Stock Investor's paid research service: all research as it happens, the CSI 100 + quarterly outlook, dashboard tools (Compare Companies, Reverse DCF, supply-chain mapping), weekly live Q&A, portfolio moves before execution, and the private Discord.Join: https://chipstockinvestor.com/features-and-pricingFree demo: https://demo.chipstockinvestor.com/All our links & socials: https://linktr.ee/chipstockinvestorDisclaimer: For education only — not financial advice. Do your own research.#SandboxAQ #MaterialsScience #Semiconductors

Ouster stock: what has to go right over the next 10 years to justify ~$41 a share?

In this video: Ouster’s (OUST) Q2 2026 results, why plunging LiDAR sensor prices are actually good news, and how to value an unprofitable growth company with our new normalized profit and peer benchmarking calculator.

Ouster grew revenue 56% year over year to $55M in Q2 2026, more than tripled sensor shipments to over 17,000, and pushed GAAP gross margin to 49%, all while holding operating expenses nearly flat. But it still runs a −37% operating margin and −28% free cash flow margin. Our normalized profit scenario shows today’s price already assumes about 30% annual revenue growth for a decade and a 20% FCF margin. That makes OUST a hold in our small bets basket, with a closer look if shares fall toward $30.

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Chapters
00:00 Intro: Ouster (OUST) and our small bets basket
00:40 Where Ouster fits in the end-market cycle: auto, industrial, and physical AI
02:55 Q2 2026 results: color LiDAR and 56% revenue growth
04:20 Falling selling prices and the Jevons paradox
05:15 Q3 guidance, gross margin, and operating expense control
06:55 The financials: operating and free cash flow margins
08:45 Reverse DCF and “pretend profitability”
10:05 Peer group benchmarking: Hesai, Aeva, Teledyne
12:10 Normalized profit calculator walkthrough
13:55 Adding a margin of safety
15:10 Other checks: balance sheet, cash, and share dilution
15:55 Our take: hold, and the price levels we’re watching

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Disclaimer: For education only — not financial advice. Do your own research.
Ownership: CSI owns shares of Ouster as of publication. Positions can change without notice.

#Ouster #LiDAR #Semiconductors