# Damnang’s Substack

[SPHBM4: The HBM Packaging Playbook Is Changing](https://damnang2.substack.com/p/sphbm4-the-hbm-packaging-playbook)

[How a Standard That Bypasses the Silicon Interposer Reshapes the Memory and Foundry Order](https://damnang2.substack.com/p/sphbm4-the-hbm-packaging-playbook)

[How the Memory Tax Gets Solved](https://damnang2.substack.com/p/how-the-memory-tax-gets-solved)

[Coherent: The Company That Gets Stronger in the CPO Era](https://damnang2.substack.com/p/coherent-the-company-that-gets-stronger)

[If CoPoS Arrives, Who Makes Money First](https://damnang2.substack.com/p/if-copos-arrives-who-makes-money)

[Glass Substrate: The Order the Money Flows In](https://damnang2.substack.com/p/glass-substrate-the-order-the-money)

[Catching Both Copper and Optics: ALAB and CRDO](https://damnang2.substack.com/p/catching-both-copper-and-optics-alab)

[Vera Rubin’s DRAM Cut in Half: Is the Memory Cycle Really Over?](https://damnang2.substack.com/p/vera-rubins-dram-cut-in-half-is-the)

[The Market Doesn’t Know CPO Yet](https://damnang2.substack.com/p/the-market-doesnt-know-cpo-yet)

[MicroLED: The Optical Technology All Three Memory Makers Are Watching](https://damnang2.substack.com/p/microled-the-optical-technology-all)

[The Company That Shows Up No Matter Which Sector You Look At: A Full Anatomy of STM](https://damnang2.substack.com/p/the-company-that-shows-up-no-matter)

[Why Is IBM Rising Again](https://damnang2.substack.com/p/why-is-ibm-rising-again)

### May 2026

[Murata: The Stock You Missed If You Only Bought GPUs and HBM in the AI Rally](https://damnang2.substack.com/p/murata-the-stock-you-missed-if-you)

[Cerebras WSE-3: The Technical Achievement and the Physical Ceiling](https://damnang2.substack.com/p/cerebras-wse-3-the-technical-achievement)

[Edge AI Investing Guide: Where Capital Goes After Cloud AI](https://damnang2.substack.com/p/edge-ai-investing-guide-where-capital)

[Sivers Semiconductors: Verifying the Thesis After a 2,100% Run in Six Months](https://damnang2.substack.com/p/sivers-semiconductors-verifying-the)

[Marvell Part 2: After a 2x Move, How Much Higher Can It Go?](https://damnang2.substack.com/p/marvell-part-2-after-a-2x-move-how)

[A Mid-Point Review of the Stocks I've Covered](https://damnang2.substack.com/p/a-mid-point-review-of-the-stocks)

[Lattice Semiconductor: The Companion Chip That Wins Either Way](https://damnang2.substack.com/p/lattice-semiconductor-the-companion)

[Nokia ($NOK): The Market Is Still Putting This Company in the Wrong Bucket](https://damnang2.substack.com/p/nokia-nok-the-market-is-still-putting)