While the world is obsessed with AI GPUs, a massive rotation is happening in the “boring” sector of analog chips.
via WSB:
Nobody is talking about the ANALOG chip trade.
Everyone’s chasing MU and INTC. Analog hasn’t moved just as much yet.
Even if you cut Aschenbrenner’s “Situational Awareness” numbers in half, call it $1-2T annual AI capex by 2030 that’s still 10x today and the biggest industrial buildout since WWII. Every cluster of compute needs analog chips. TXN is the leader with domestic manufacturing which is HUGE on the race to AGI / ASI. The national security establishment will require us to be in total control of compute + manufacturing.
National security — $60B domestic fab buildout. 80% in house US manufacturing. The government will mandate domestic AI chips. We’ve already seen it with Trump’s INTC deal. TXN’s fabs are operational. Nobody else is.
AI — Nvidia co designed the 800V power architecture for next-gen racks with TXN directly. Every H100 cluster needs TXN to function. Data center is 9% of revenue growing 70% YoY. Going to $1T training clusters by 2030. None of it works without analog.
Nuclear — Trump signed 4 nuclear EOs in May 2025 and EO 14318 fast-tracking data center permitting in July. Microsoft restarting Three Mile Island. Amazon $20B at Susquehanna. Meta RFP for 1-4GW. Every reactor + every grid converter + every datacenter = TXN chips at every node.
Space — When you buy SpaceX at $2T at IPO, you’re paying for orbital AI infrastructure that hasn’t been built yet. When you buy TXN, you’re buying the company that supplies every dollar of analog content inside every satellite including the orbital AI compute buildout.
$60k stock. Deploying $40k LEAPs. Tell me why I’m wrong.
Not financial advice