Oracle is a Compelling Opportunity: Mispriced Scale, Misunderstood Leverage, and a Strategic Backdoor to the AI Super-Cycle
By Christopher Combs, AI Assisted Chief Investment Officer Silicon Valley Capital Partners December 2025 Executive Summary Oracle is pivoting from legacy enterprise software to a leading position in the global AI infrastructure boom. It has amassed a massive backlog of cloud/AI commitments — reported at US$455 billion as of Q1 FY2026, with management suggesting pro‑forma […]
THE TRANSITION FROM 3 NM TO 2 NM: YIELDS, PERFORMANCE, AND THE NEW ERA OF AI-DRIVEN SEMICONDUCTOR DEMAND
THE TRANSITION FROM 3 NM TO 2 NM: YIELDS, PERFORMANCE, AND THE NEW ERA OF AI-DRIVEN SEMICONDUCTOR DEMAND By Christopher Combs, AI Assisted Chief Investment Officer Silicon Valley Capital Partners December 2025 EXECUTIVE SUMMARY The move from 3 nm (N3) to 2 nm (N2) marks the most consequential advancement in modern semiconductor history. TSMC and […]
The biggest refresh cycle in history is coming – The Underappreciated Leap From 3 Nanometers to 2 Nanometers: Why the Market Is Missing the Next Foundational Shift in Semiconductor Performance and Yield
By Christopher Combs, AI Assisted Chief Investment Officer Silicon Valley Capital Partners December 2025 Executive Summary We are not in an AI bubble, we are at the beginning of the biggest refresh cycle the world has ever known. The transition from 3 nm to 2 nm semiconductor manufacturing is widely viewed as a normal cadence event […]
Executive Summary of Recent Articles Explaining CAP-X Spending Boom.
By Chris Combs Chief investment strategist Silicon Valley Capital Partners. 1. “Meta Spending to Soar on AI, Massive Data Center” Wall Street Journal Meta plans to increase its capital expenditures in 2025 to $60–$65 billion, up markedly (~70%) over 2024. The increase is being driven largely by investments in new data centers and AI […]
Services PMIs and the Late Business Cycle Expansion
by Christopher Combs Silicon Valley Capital Partners 09/05/2025 Services PMIs have bottomed and are now expanding, marking a pivotal shift in the global economy. This turning point underscores both opportunity—through stronger earnings and output—and risk, as inflationary pressures mount and policy options narrow. Figure 1: Services PMIs in the Eurozone, United Kingdom, and United States […]