Tiernan Ray
@TiernanRayTech
@ZDNet AI/ML reporter; Editor, The Technology Letter. Covering business and technology for 31 years for Barron’s, Fortune, Bloomberg, NY Times and others.
Please enjoy my interview with Samsara CEO Sanjit Biswas Samsara CEO: Cracking the code to heavy industry’s challenges “These are the industries that have been slowest to digitize, not because they're slow but because they're complex.” Tech companies have tried for years to…


Wall Street’s Best Ideas: It’s Nvidia’s world you live in Nvidia’s news that it expects to resume shipping to China has driven stocks higher across many groups, including memory makers such as Micron Technology and China’s Internet giants such as Alibaba, demonstrating the power…

Wall Street’s Best Ideas: Very mixed vibes for Oracle Oracle reports Wednesday following two disappointing quarters in a row. Will there be any Stargate surprise? Plus, Qualcomm’s bid to rival Broadcom in the data center, stepping away from Elon Musk’s baggage, and the ho-hum…

Intel going fabless? That’s the takeaway for some The earnings call has convinced some that Intel is going to get rid of its factories as CEO Lip-Bu Tan imposes fiscal discipline. While that’s by no means certain, Tan has given the impression that he will not pursue the…

Have Intel expectations hit rock bottom? Forecast steps over a very low bar Intel Thursday evening stepped over a very low bar, as the company’s revenue outlook topped the average estimate of analysts, an estimate that has been cut by twenty-two percent in twelve months. The…

Good news from MaxLinear, Alphabet, ServiceNow, BE Semi but IBM falls and Tesla is plain ‘ugly’ The stars overnight of earnings included improving trends at semiconductor names MaxLinear and BE Semi, and steady results from Google and ServiceNow. IBM’s software sales came up…

The TL Podcast for July 20th: Praying for growth As stocks continue to hit new all-time highs, chip-equipment maker ASML let us know that the risk of continued uncertainty from tariffs and trade is by no means over, while Taiwan Semiconductor continues to thrive as a result of…

Nokia and NXP are not what a red-hot market needed Two bits of mixed news on Tuesday were not received well by an equity market hitting new high prices left and right. Nokia said the cost of tariffs now looks to depress its operating profit by more than originally expected. And…

ASML: All about the tariffs ASML’s CEO, Christophe Fouquet, said he’s “praying” for growth in 2026. But it’s not “peak litho” that is causing concern, it’s peak uncertainty, a clear signal that tariffs and trade are wrecking some customers’ ability to plan.…

The TL Podcast for July 14th: Nvidia and other all-time highs Nvidia, Texas Instruments and Microsoft are among stocks hitting new all-time highs. Plus, what to do with CoreWeave and Circle, and an interview with one of the sharpest fund managers in tech.…

Please enjoy my interview with Columbia Seligman's Paul Wick Seligman’s Paul Wick likes the midyear setup Fund manager and longtime tech observer Paul Wick of Columbia Seligman continues to be a big believer in the AI trade, but he’s not so enamored of acquisition-hungry,…

Wall Street’s Best Ideas: Nvidia’s still a value Nvidia’s valuation multiples are lower than the recent past even as it is the first of any stock to reach four trillion dollars in value. Also, they keep making very large AI predictions for Microsoft’s revenue, and a bet on Bloom…

Wall Street’s Best Ideas: Suddenly asset-heavy CoreWeave has less appeal Artificial intelligence mavens CoreWeave have flipped the script, going “asset-heavy,” and not everyone’s thrilled about that. Plus, the fantasy valuation of Circle Internet’s stablecoin dreams.…

Wall Street’s Best Ideas: Yes, S&P inclusion works modestly well Playing the S&P index changes can give a slight boost to your holdings but stock-picking still rules. Also, debating Chime’s FinTech and down-voting Elon Musk’s political ventures. thetechnologyletter.com/the-posts/wall… $DDOG…

The TL20 group of stocks to consider is hitting new highs, up over two hundred percent in three years. Would you be interested in buying an ETF of the TL20 if one existed?
Wall Street’s Best Ideas: A preference for Waymo rather than Tesla’s robo-taxi The very limited roll-out of Tesla’s self-driving taxi in Austin, Texas on Monday seems to have impressed very few, with the conventional wisdom being that Google’s Waymo already has achieved…

The TL Podcast for June 23rd: Tech runs merrily toward the tariff cliff Everything is going right with the major themes of tech, including the rebound in the semiconductor market that is propelling companies such as Indie Semiconductor, and the continued health of AI propelling…

Wall Street’s Best Ideas: Marvell delights the AI crowd Chip-maker Marvell Technology wowed the Street with its presentation of its custom-AI-chip-making ability, and the biggest coup was probably getting everyone not to talk about Broadcom at all. Plus, how AI will affect…

Wall Street’s Best Ideas: Unanimous approval for Hinge’s AI in medicine Hinge, which is pioneering virtual physical therapy, is like a software company but its stock is trading below most valuations, making it a hit with the analysts initiating coverage. Plus, CoreWeave’s…

Wall Street’s Best Ideas: Is Intel riding the pre-tariff panic buying? A flurry of clues as to why Intel is surging, but no smoking gun. And why Dynatrace is your better bet in “observability” than Elastic. thetechnologyletter.com/the-posts/wall… $INTC $AMD $DT $ESTC
