Rubin, ASICs, and the Analog Price Reset (JNK’s 2H 2026 Supply Chain Signals)
JNK Research
Tue 09 Jun 2026 - 10:00 EST / 15:00 GMT / 16:00 CET
Topics
• Ruben is the new AI signal — CSP order books have moved past Blackwell. Orders, wafers, 2007 estimates
• Custom ASICs are taking CoWoS allocation from GPUs — winners & losers.
• CPO vs CPC: supply chain data puts a date on the production timeline.
• IFX raised prices, TXN went twice, STM is next — the analog cycle is broadening.
• AI power demand is draining analog inventory faster than the earnings narrative.
