I used to talk with Joe Moore, who wrote the report, every once in a while in a past job. In my experience he tries to be very attuned to the development of tec

I used to talk with Joe Moore, who wrote the report, every once in a while in a past job. In my experience he tries to be very attuned to the development of technology in the semiconductor industry, but often (1) misses some of the more technical facts and (2) misjudges how players in the market will react. When the iPhone 6s was released, he totally failed to identify one of the NAND suppliers. Nice guy, but I don't think he is any better than an educated layperson at predicting the future of cryptocurrency mining or video games. Joe tends to be good at tracking big ticket things (stages of 7nm development, deal dynamics, catalyst dates, potential M&A targets), but he's a Wall Street veteran, not a young hacker. And he has been wrong on AMD before.