Hardware Podcasts

Episode 18: Frameworks for Valuing Semiconductor Companies

The Circuit · 15 May 2023 · 38m · Episode 19

What this episode covers

Ben Bajarin and Jay Goldberg discuss frameworks for valuing semiconductor companies, arguing that software ecosystems create defensible moats beyond silicon performance. They analyze Nvidia’s CUDA dominance, Apple’s hardware-software integration, and Qualcomm’s reliance on wireless standards to explain market leadership. The hosts also evaluate AMD’s strategic pivot to inference and custom chips, Intel’s architectural shifts, and Broadcom’s private equity-style portfolio approach.

Most relevant to

large enterprises

Topics

Mentioned

Companies
Nvidia, Apple, AMD, Intel, Qualcomm, Broadcom, VMware
Products
CUDA
Also
RISC-V, Linux

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