Speaker

loading

Speaker record

Simon He

54 calls

Back to boardBoard

Verified record/TRACE receipts

Score39W·L10·17Win37%

Simon He

@convequity/channel

Avg-6.4%Win33%

Shows

convequityShow convequityShow convequityShow convequityShow convequityShow convequityShow convequityShow convequityShow

Top tickers

LITE3 calls

AVGO3 calls

POET3 calls

TSEM2 calls

SPCX2 calls

AXTI2 calls

GEV2 calls

LEU2 calls

STM1 calls

EQT1 calls

Speaker record

STM/long/convequity

STMicro becomes a permanent PAT and power-management play, a socket photonic integration cannot displace

STMicroelectronics (STM) — Hold, reframed as a PAT and power-management play. Every inter-satellite terminal needs a 1,000+ Hz PAT control loop. STM’s 28nm FD-SOI is the perfect fit — radiation tolerance without full rad-hard cost, automotive-grade pricing for million-unit constellations.

Peak+4.3%

LITE/long/convequity

Lumentum is optionality, supplies the structurally protected EML but mostly shifted volume

Lumentum (LITE) — Optionality. Supplies the EML at the heart of every intra-cluster terminal — structurally protected because silicon cannot emit light. But this is largely shifted volume. Benefits from space pricing premiums and inter-orbit demand; the space DC alone doesn’t justify a re-rating.

Peak+5.5%

EQT/long/convequity

Cheap space solar reinforces structural US gas long via Starship methane demand

Starship is methane-fueled, adding incremental natural gas demand that reinforces our structural thesis on US gas producers (EXE, AR, CRK, EQT).

Peak+3.6%

AVGO

/

long

/convequity

Semiconductors are the binding constraint, so Broadcom is a likely SpaceX foundry/SerDes partner and winner

The binding constraint is ultimately semiconductor manufacturing and design — Musk will need to go deep into logic and memory foundry, 224G SerDes and beyond, or partner with Broadcom or Nvidia.

Peak+9.7%

POET/long/convequity

Chip-level photonic integration wins AI-cluster interconnect on cost, power and density; a pure-play disruptor re-rates.

Companies such as Ayar Labs, Celestial AI, Lightmatter, and Ranovus are building high-bandwidth photonic interconnects optimized for the cost, power, and density requirements of large AI clusters. If compute moves to orbit, their technology can move with it

Peak+5.6%

TSEM/long/convequity

Tower owns the published radiation data the space data center photonics slot requires; that design-win pipeline accrues to Tower.

Tower has published radiation performance data (total ionizing dose, single-event latchup, and proton irradiation), while GlobalFoundries has published essentially none for Fotonix. GlobalFoundries should be removed from the Space DC supply chain thesis.

Peak+5.0%

GLW/short/convequity

Corning is a structural loser as compute migrates from fiber-heavy terrestrial DCs to zero-fiber orbit

Corning (GLW) — Structural loser. Fiber demand declines as compute migrates from fiber-intensive terrestrial DCs to zero-fiber orbital ones. Not a short — 5G and FTTH provide other drivers — but the exponential-AI-fiber narrative weakens materially.

Peak+21.3%

SPCX/long/convequity

SpaceX wins the AI buildout by delivering orbital data-center and energy infra while rivals hit bottlenecks

SPCX is the ultimate AI data-center and energy play, with optionality in coding agents and foundation models on top. Its sustainable long-term profitability hinges on one unique capability: delivering AI infrastructure while everyone else faces mounting bottlenecks in regulatory approval, power, and chips.

Peak+16.3%

MTSI/long/convequity

MACOM is the top photonics pick, content per terminal scales superlinearly with space DC bandwidth

MACOM (MTSI) — Top pick. The only company benefiting from all three dynamics: near-term heritage (TIAs and drivers in Mynaric CONDOR and classified programs), superlinear content growth to 6.4T–12.8T, and relevance across both intra-cluster and inter-orbit terminals regardless of who designs the terminal.

Peak+2.5%

COHR/long/convequity

Coherent gets real incremental free-space optics and EDFA wins, but not transformative at corporate scale

Coherent (COHR) — Hold. Free-space optics and inter-orbit amplification. Genuinely incremental: precision optics (telescopes, coatings, filters) across all terminals, plus EDFAs for the longest links.

Peak+2.1%

SPCX/long/convequity

SpaceX is mispriced as launch/broadband, real value is lowest-cost orbital AI infrastructure

The market still largely prices SPCX as a satellite broadband and launch business. That lens is becoming outdated.

Peak+13.0%

JKS/long/convequity

If China is the irreplaceable maker of high-efficiency solar, demand routes to its largest listed module maker.

China holds the overwhelming majority of global solar manufacturing capacity, know-how, and supply chain depth.

Peak+1.8%

Reach & recent activity

Updated 19d ago

Last 30 daysConvequity

Mentions0