06/07/2026
Memory Industry Deep Dive
HBM, DRAM, NAND, and why AI is changing memory economics.
GROUNDHOG
CAPITAL
Independent investment research focused on technology, semiconductors, and market structure.
Researching what lies beneath the surface.
Latest Research
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The AI Semiconductor Stack
A map of the companies powering the AI infrastructure cycle.
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Market Structure Notes
Liquidity, positioning, gamma, and flows.
Performance
Portfolio Record
Portfolio value and periodic returns over time.
Portfolio Value
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Periodic Returns
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About
Groundhog Capital is a personal research platform built to study businesses, industries, and market narratives before they become consensus.
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