Analytics
Filing-based business analysis and issuer-level financial comparison for technology infrastructure economics.
The structured data layer of CM Terminal: filing-based comparisons that test whether infrastructure narratives show up in public-company metrics.
This analytics layer turns public company disclosures into structured business-model comparisons. The goal is not to summarize filings, but to test how revenue, margin, reinvestment, cyclicality, and value-chain position shape company economics.
Issuer-level = consolidated company financials from public filings, not segment-only, pure-AI revenue, or valuation coverage.
Portfolio
Active projects
AI Infrastructure Economics
AI infrastructure is usually discussed as one demand theme. This project treats it as a value-chain economics problem, comparing how AI demand appears as platform margin capture, manufacturing capital burden, memory-cycle exposure, equipment bottleneck economics, and downstream transmission.
Primary output
Profit Capture vs Capital Burden
Open the analysis →Cloud CapEx Translation
Hyperscaler capex is growing faster than the cloud revenue it funds, and depreciation is catching up. This project asks whether the spend is translating into demand — or into balance-sheet burden — across Microsoft, Amazon, Alphabet, and Meta.
Primary output
Translation gap ratio
Open the analysis →Semiconductor Cycle Economics
AI/HBM demand is driving a memory upturn. This project compares the current trajectory with historical memory-sector peak-to-trough drawdowns across Micron, SanDisk/WDC Flash predecessor data, Western Digital, and an Intel control case.
Primary output
Peak-to-trough drawdown table
Open the analysis →AI Power Translation
AI power demand is discussed as a grid and generation bottleneck. This project tests where that pressure becomes visible in public-company orders, backlog, margin structure, and company-defined data-center disclosure.
Primary output
Disclosure precision timeline
Open the analysis →Methodology
Methodology & Data Policy
Shared definitions for filing sources, metric construction, project-specific methods, source exceptions, and non-advisory boundaries across CM Terminal Analytics.
Read methodology →Roadmap
Future analytics areas
This section is designed to host multiple business analytics projects over time, including:
- Hyperscaler supplier economics
Scope
This analytics layer is descriptive business analysis based on public filings. It does not provide investment advice, valuation targets, or trading recommendations.