Filters

Fortnightly Publication Highlighting Latest Insights From IRF Providers

Company Research

Google locks CoWoS capacity independent of Broadcom

Technology

JNK Research

JNK's research shows GOOG's direct TSM capacity reservations signal a shift away from expensive third-party AVGO design partnerships. The company is now booking advanced packaging without immediate orders, positioning for late 2026 TPU production deployments. TPU 7e progresses with MTK handling I/O integration on roughly 2M unit volumes, while TPU 8p selection between AVGO and AIchip reflects growing design house pricing pressure. This mirrors AWS's trajectory - from external partnerships towards full internal design control. Near-term, Alchip and MTK benefit from current programmes. Longer-term, AVGO faces structural headwinds as hyperscalers internalise capabilities. Click here to access the full note.

Edition: 224

- 14 November, 2025


Alphabet (GOOG)

Communications

Paragon Intel

Paragon Intel takes a negative view on CEO Sundar Pichai, arguing that his slow, consensus-driven leadership style has left the company “fast following” in an AI race it should be leading. While Pichai’s long-term vision and product instincts built successes like Chrome and Android, and his tenure has delivered impressive financial results, his risk aversion, conflict aversion, reluctance to refresh senior leadership and indecisive response to competitive threats like ChatGPT have led to internal stagnation. Paragon’s analysis includes interviews with 6 former Alphabet executives, who portray him as a thoughtful strategist and capable steward, but ill-suited to the fast, “wartime” pace the AI era demands.

Edition: 223

- 31 October, 2025


DirecTV (DTV)

Communications

Inferential Focus

During each of the first two weeks of the NFL season, DirecTV’s NFL Sunday Ticket streaming service went dark at numerous times. On top of this, some customers were unable to log in and numerous users complained that the Sunday Ticket app blacked out certain games even though they were available locally. After this football season, NFL Sunday Ticket will likely have a new home because DirecTV’s rights are set to expire this year. Google (GOOG) and Apple (AAPL) are reportedly in the running to secure the rights.

Edition: 145

- 30 September, 2022