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Macroplane blog — supply-chain & AI investing guides

In-depth, data-led guides to the companies building AI infrastructure and the supply chains behind them.

  • Aehr Test Systems ($AEHR)'s Mystery Customer: Google ($GOOGL) TPU, AWS Trainium ($AMZN), or Microsoft Maia ($MSFT)? — Who is Aehr Test Systems ($AEHR)'s unnamed hyperscaler customer? The evidence for Google ($GOOGL) TPU, AWS Trainium ($AMZN), Microsoft Maia ($MSFT), and Meta MTIA ($META) behind the $41M AI burn-in order.
  • Aehr Test Systems Stock ($AEHR): The $100M Backlog Behind Its AI Burn-In Boom (2026) — Aehr Test Systems ($AEHR) earnings deep dive: the $100.6M backlog, 3x fiscal 2027 revenue guide, FOX-XP and Sonoma burn-in systems, unnamed AI customers, revenue upside, and bull/bear risks.
  • Bearing Stocks: The Picks-and-Shovels Robotics Play (2026) — Morgan Stanley sees the robot bearings market growing ~300x by 2050. The nine bearing stocks that matter — $RBC, $TKR, $RRX, SKF, NSK, MinebeaMitsumi, Schaeffler — mapped with live data.
  • Nvidia Rubin, Feynman, and 'Big Boss': The GPU Roadmap Where the Interconnect Wins (2026) — Nvidia's GPU roadmap after Blackwell — Vera Rubin (HBM4, Rubin CPX, the Groq 3 LPX pairing), Feynman — and the viral X napkin for a 'Big Boss' architecture: LPDDR6, no HBM, no CoWoS, cheaper tokens. The read-through for $NVDA, $MU, $ALAB, $AVGO, $QCOM.
  • CXMT Stock: China's DRAM Champion, the $3B Tencent Deal, and Why It's Bullish for Micron and SK Hynix (2026) — CXMT (ChangXin Memory) signed a ~$2.94B server-DRAM deal with Tencent ahead of its STAR Market IPO. Why China's DRAM champion locking up domestic demand is bullish for Micron ($MU), SK Hynix and Samsung — plus the memory supercycle mapped.
  • Micron Stock ($MU): The Record Quarter, the Memory Supercycle, and Why It Fell Anyway (2026) — Micron stock ($MU) deep dive: the record fiscal Q3 (84.9% gross margin, HBM sold out into 2028), the Anthropic supply deal, why the stock fell on its best quarter ever, the memory supercycle mapped ($SNDK, SK Hynix, Samsung), and the bull/bear.
  • Fermi Stock ($FRMI): The Pre-Revenue Bet on Building the Grid and the Data Center at Once — Fermi stock ($FRMI) deep dive: Rick Perry's 17 GW Project Matador power-and-data-center campus, the AP1000 nuclear and gas plan, why the anchor tenant walked and the stock fell 80%, the supply chain, and Fermi vs Vistra ($VST).
  • IREN Stock ($IREN): The Bitcoin Miner Turning Into an AI Neocloud (2026) — IREN stock ($IREN, formerly Iris Energy) deep dive: the bitcoin-miner-to-AI-neocloud pivot, the $3.65B Microsoft-tied GPU facility, the renewable-power edge, the supply chain, IREN vs CoreWeave/Nebius, and the risks.
  • CoreWeave Stock ($CRWV): The Largest Neocloud, Its Backlog, and the Debt Behind It (2026) — CoreWeave stock ($CRWV) deep dive: the largest public neocloud, its $66.8B backlog and Microsoft/OpenAI/Meta anchors, the NVIDIA-powered supply chain, the GPU-collateralized debt that defines the risk, CoreWeave vs Nebius, and whether it's a buy.
  • Neocloud Stocks: The Public GPU-Cloud Operators and Who Supplies Them (2026) — What is a neocloud? The investor's guide to neocloud stocks — the public GPU-cloud operators ($CRWV, $NBIS, $IREN, $APLD), the bitcoin miners pivoting to AI, the shared NVIDIA/Vertiv/TSMC supply chain, how to invest, and the risks.
  • SpaceX Stock: The Space-Defense Bet Behind the $1.75T IPO (2026) — SpaceX stock deep dive: the IPO valuation (~$1.75T, Nasdaq SPCX), why the launch + Starlink + orbital-power stack is the hidden Golden Dome space-defense option, the $175B–$1.2T missile-defense budget, and the public companies to buy it through — $RKLB, $LMT, $NOC, $RTX, $LHX, $KTOS, $LASR.
  • Co-Packaged Optics (CPO): The Photonic Switches Rewiring AI Networks (2026) — A deep dive into co-packaged optics (CPO) — NVIDIA Spectrum-X Photonics switches (SN6810 102.4 Tbps, SN6800 409.6 Tbps, Spectrum-6 ASICs), the ~3.5x power and ~10x reliability gains over pluggable transceivers, why they ship liquid-cooled, the 2025–2026 CPO news timeline, and the full supply chain making them: $NVDA, $AVGO, $TSM, $COHR, $LITE, $FN, $POET, plus the LPO/AEC camp ($CRDO, $ALAB).
  • GE Vernova Stock ($GEV): The Power-and-Grid Pick for the AI Electricity Crunch (2026) — GE Vernova ($GEV) deep dive: the three segments (Power gas turbines, Electrification grid + transformers, Wind), why it's the near-term AI-power trade vs nuclear ($OKLO, $SMR), the supply chain ($HWM, $TPIC, $STM, $NEE, $VST, $NVDA), the ~$33B revenue and margin turn, and the risks.
  • Oklo Stock ($OKLO): The SMR Bet on the AI Power Crunch (2026) — Oklo ($OKLO) deep dive: why the pre-revenue SMR developer's build-own-operate model sets it apart from $SMR NuScale, the Aurora liquid-metal fast reactor, the multi-gigawatt data-center pipeline ($EQIX, $FANG, Switch), the HALEU fuel bottleneck ($LEU, $BWXT), the ~$788M cash position, the risks, and the 2026 catalysts.
  • Nebius Stock ($NBIS): The Neocloud Scaling Into the AI Compute Shortage (2026) — Is Nebius ($NBIS) a neocloud? Yes — a deep dive into the NVIDIA GPU data centers (Finland, US Vineland NJ, UK Surrey, France, Iceland) on an interactive map, the Meta and Microsoft anchor contracts and backlog, the full supply chain, and the risks behind the neocloud's 2026 run.
  • Unitree IPO: The $608M Humanoid Bet and the Supply Chain Behind It (2026) — Unitree's $608M Shanghai STAR IPO ships the cheapest credible humanoid (G1 at $27.3K, $8,976 BOM, 67% gross margin per SemiAnalysis). The supply chain behind it — $300124.SZ Inovance, $6324.T Harmonic Drive, $MP, $NVDA Jetson NX, $INTC RealSense, SKF / $6471.T / $TKR bearings — and where investors actually capture the trade.
  • Wolfspeed Stock ($WOLF): SiC Supply Chain, Risks & Catalysts (2026) — Wolfspeed ($WOLF) deep dive: the SiC supply chain ($AIXA, $AMAT, $GM, $STM, $ON), the $6.5B debt problem, and the AI-data-center power pivot behind the 2026 rally.
  • The AI Supply Chain Map: Every Public Company in the AI Buildout (2026) — The full AI supply chain mapped to public tickers — ~150 companies across 17 layers, from $ASML lithography and $MU/SK Hynix HBM through $COHR photonics and $GEV/$OKLO power to $CRWV neoclouds — with the bottleneck in each layer and a live basket to track it.
  • Rare Earth Stocks: The Complete Investor Guide (2026) — The seven rare earth stocks worth tracking — $MP, $LYC.AX, $USAR, $ILU.AX, $UUUU, $ALOY, $TMC — where each sits in the mine-to-magnet supply chain, why the trade has re-accelerated under Chinese export controls, and how to think about REMX vs a focused Western basket.
  • Data Center Stocks: The Complete Picks-and-Shovels Guide (2026) — The 7-layer data center stock map — compute, memory, networking, storage, cooling, power, construction — with the publicly-listed leader in each layer (from $NVDA and $MU to $VRT, $GEV, and $PWR) and why the SRVR / DTCR / AIQ ETFs underweight the most asymmetric layers.
  • SMR Stocks: The Complete Investor Guide (2026) — The full SMR and nuclear investment universe — $OKLO and $SMR developers, $BWXT and $UUUU fuel-cycle picks-and-shovels, and $CEG, $VST, $TLN fleet operators monetizing $MSFT, $AMZN, and $META AI-data-center PPAs — plus how the basket compares to URA, URNM, and NLR.
  • AI Infrastructure Stocks: The Complete Investor Map (2026) — The 30,000-ft map of AI infrastructure stocks across nine layers — compute, memory, HBM packaging, lithography, photonics, networking, cooling, power, and neocloud operators — with the publicly-listed leaders in each layer and why a focused stack beats the BOTZ / AIQ / ROBO / IRBO ETFs.
  • POET Technologies & Sivers Semiconductors Stock: The Marvell Photonics Shock (2026) — POET Technologies ($POET) and Sivers Semiconductors ($2DG.F) stock after Marvell ($MRVL) cancelled the Celestial AI co-packaged-optics (CPO) orders — what it means for each stock, the CPO laser supply chain ($LITE Lumentum, $COHR Coherent), and the AI photonics trade, with a live supply-chain map.
  • What Is Supply Chain Intelligence and Why Macroplane Matters — Understand what supply chain intelligence is, why it gives investors a real edge, and how Macroplane helps turn fragmented company relationship data into actionable analysis.
  • Connect Claude.ai to Macroplane via MCP for Automated Research — Set up Claude.ai as your AI research assistant with direct access to Macroplane's supply chain data, investment theses, and category management tools through the Model Context Protocol.
  • How to Map Any Public Company's Supply Chain — A step-by-step guide to mapping supplier and buyer relationships for any public company using SEC filings, deal announcements, and financial data.
  • Supply Chain Risk: The Hidden Factor in Stock Analysis — How supply chain disruptions impact stock prices and why investors who monitor supply chain risk have a structural advantage in equity analysis.
  • Understanding Revenue Exposure Through Supply Chain Analysis — How to quantify revenue dependencies between companies and use exposure analysis to identify concentration risks, pricing dynamics, and valuation opportunities.
  • Supply Chain Due Diligence: A Guide for Institutional Investors — A comprehensive framework for institutional-grade supply chain due diligence covering relationship mapping, exposure quantification, risk assessment, and ongoing monitoring.
  • How SEC Filings Reveal Hidden Supply Chain Relationships — A guide to mining 10-K, 10-Q, and 8-K filings for supply chain intelligence — from customer concentration disclosures to supplier dependency analysis.
  • Geopolitical Risk and Supply Chain Investing: What Every Investor Should Know — How trade wars, export controls, and industrial policy are reshaping global supply chains — and creating investment opportunities for those who understand the new landscape.

Baskets · Investment theses · Macro trends · Companies