Semis | StableBread's Newsletter

Semis

LAES

Jul 27, 2026

Quantum Upside for $0.24/Share

SEALSQ trades at $2.43, just 11% above its net cash, so you pay close to nothing for an $18M secure-chip business and get its post-quantum and quantum-computing story on top.

Semis

Jul 7, 2026

Atomic Armor for AI Chips and Batteries

A US manufacturer selling into AI memory/logic chips, photonics, and defense batteries is going public at a $1.2B valuation. It's backed by a $100M DOE grant, Samsung SDI building its factory, and a 2028 law banning the US military from buying Chinese battery cells.

Robotics

May 29, 2026

Pure-Play Below NVIDIA

Ambarella owns the edge AI layer NVIDIA doesn't touch and just turned profitable. The new $800M Hanwha LTA and 15+ robotics design wins (including humanoids) are still ahead