GAAP

Generally Accepted Accounting Principles, the standard US accounting rules companies use for official financial statements.

Predictions & track record (3)

• Awaiting grading Why does AXT's backlog refuse to shrink after revenue grew 164% in a year?Score on quarterly results after capacity doubles at the end of 2026. If GAAP gross margin stays near 50%, the company is standing where it can set prices, and if it slips below the mid-40s, the margin until then was made by scarcity.
• Awaiting grading Why did Kioxia clear a trillion yen with profit up 28-fold and still miss the market?Score on Kioxia's fiscal Q2 2026 results for July to September. If operating profit reaches the 1.89 trillion yen the company guided, this miss was expectations running ahead, and if the average selling price increase flattens and profit falls well short, it was the first sign of prices turning.
• Awaiting grading Intel's best quarterly growth in 15 years also came with an $11 billion loss, and it isn't a one-time chargeCheck Intel's next quarterly report, expected around late October 2026, to see whether revenue lands in the guided $15.8 billion to $16.8 billion range and whether the AI data center segment keeps growing at a similar pace.

4 related posts

• Bull Why does AXT's backlog refuse to shrink after revenue grew 164% in a year? Serenity (@aleabitoreddit) · 2026-07-31
• Watch Why did Kioxia clear a trillion yen with profit up 28-fold and still miss the market? 後藤達也 (Tatsuya Goto) · 2026-07-31
• Bear Intel's $11 Billion Loss Wasn't Restructuring. It Was Intel's Own Stock Price Going Up The Kobeissi Letter (@KobeissiLetter) · 2026-07-24
• Bull Intel's best quarterly growth in 15 years also came with an $11 billion loss, and it isn't a one-time charge The Kobeissi Letter (@KobeissiLetter) · 2026-07-23