Archive - BEP Research

We Went All In: The Part That Isn’t on YouTube

Six off-stage conversations test what power, politics and financing mean for the AI buildout.

Sep 18 • Ben Pouladian

Free Isn’t Cheap Enough

Read best config against best config, SemiAnalysis's own dashboard gives NVIDIA 9.7x outperformance on the TPU it just crowned.

Sep 11 • Ben Pouladian

The Only Company That Can Afford Free

The reported Hugging Face deal makes NVIDIA the Compute Patron of open source AI.

Sep 3 • Ben Pouladian

August 2026

The Write Problem: Which AI Bytes Actually Belong on NAND

AI is pulling NAND into memory tiers it has never served. Third in our free memory series with Rick Xie.

Aug 29 • Ben Pouladian and Rick

The Audit: Nvidia Answers on August 26

Everything we have published about NVIDIA reports Wednesday, right alongside the company.

Aug 24 • Ben Pouladian

The Tax Dodge: Qualcomm's 133 TB/s Isn't What You Think

Qualcomm’s answer to HBM is bearish the large-interposer premium, not the memory. Second in our free memory series with Rick Xie.

Aug 18 • Ben Pouladian and Rick

The Next Inflection Is the Lab

In drug discovery, the moat is the measurement, not the model.

Aug 10 • Ben Pouladian

All Roads and Rockets Lead to NVIDIA

Tokens per second is this decade’s frames per second, and the metric is the moat.

Aug 5 • Ben Pouladian

July 2026

Bloom Just Had Its Best Quarter Ever. The Doubters Are Even Louder. I’m Adding.

Bloom (BE): what the record Q2 print settles, what the call added, and where my targets stand.

Jul 29 • Ben Pouladian

AMD Showed a 15% Lead. Its Own Slide Showed Why It May Not Last.

An NVIDIA bull inside Advancing AI: Helios looked credible, the valuation case did not.

Jul 27 • Ben Pouladian

NVIDIA Vera: When CPU Latency Becomes GPU Economics

NVIDIA named AMD’s flagship as the yardstick — and quantified the chiplet tax.

Jul 21 • Ben Pouladian

ServiceNow’s Two Clocks, and a Short Report on Bloom

A ServiceNow check-in for July 22, and where Bloom stands after my call with Hunterbrook.

Jul 14 • Ben Pouladian

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