Latest Articles
Written coverage from the Circuit Brief article index.
Chips
NVIDIA's FY2020 10-K: Data Center Rises as Gaming Softens
NVIDIA's annual report, filed Feb. 20, 2020, shows full-year revenue of $10.92 billion, down from the prior year, even as the data-center business reframes the growth story.
Cloud
Microsoft's Q3 10-Q: Commercial Cloud Holds Through a Pandemic Quarter
Microsoft's quarterly report, filed April 29, 2020, lands in the first full quarter of pandemic disruption and reads as a test of how durable cloud demand is when everything else stops.
Chips
NVIDIA's FY2021 10-K: Revenue Jumps 53% and Data Center Becomes the Story
NVIDIA's annual report, filed Feb. 26, 2021, reports $16.68 billion in full-year revenue, up 53% from the prior year, with data center now central to the thesis.
Platforms
Apple's FY2021 10-K: Revenue Tops $365 Billion as Services Scales
Apple's annual report, filed Oct. 29, 2021, reports $365.8 billion in revenue, up 33%, with the Services line now large enough to reshape how the platform business is valued.
Chips
AMD's FY2021 10-K: A Record Year Frames the Xilinx Bet
AMD's annual report, filed Feb. 3, 2022, caps a record year and sets up the pending Xilinx acquisition as the company's next platform move into data-center and adaptive computing.
Cloud
Amazon's Q2 10-Q: AWS Stays the Profit Engine as Retail Pressure Mounts
Amazon's quarterly report, filed July 29, 2022, shows a familiar split: a consumer business absorbing cost and demand normalization, and AWS carrying the operating profit.
Platforms
Meta's FY2022 10-K: Reality Labs Losses Meet an Efficiency Pivot
Meta's annual report, filed Feb. 2, 2023, shows full-year operating income of $28.9 billion, down from $46.8 billion, as ad softness and Reality Labs spending collide with a new cost focus.
Cybersecurity
CrowdStrike's FY2023 10-K: The ARR and Platform-Consolidation Thesis
CrowdStrike's annual report, filed in March 2023, leans on annual recurring revenue and module adoption to argue it is becoming a security platform rather than an endpoint vendor.
Cloud
Alphabet's Q3 10-Q: Google Cloud Profitability Meets a Climbing Capex Bill
Alphabet's quarterly report, filed Oct. 30, 2024, frames a Google Cloud business that has turned the corner on profitability against rising AI-driven capital spending.
Cloud
Microsoft's FY2024 10-K: The AI Investment Cycle Reshapes the Capex Line
Microsoft's annual report, filed July 30, 2024, frames an AI-driven infrastructure buildout that is materially expanding capital spending against a still-resilient commercial cloud.
Chips
NVIDIA's FY2025 10-K: Revenue More Than Doubles to $130 Billion
NVIDIA's annual report, filed Feb. 26, 2025, reports $130.5 billion in full-year revenue, up 114% from $60.9 billion, as data-center demand defines the franchise.
Cybersecurity
CrowdStrike's FY2025 10-K: Rebuilding Trust After the Channel-File Incident
CrowdStrike's annual report, filed March 2025, frames the financial and reputational fallout from the July 2024 update-driven outage against an intact platform-consolidation story.
Chips
NVIDIA's FY2026 10-K: Data Center Computing Grew 59% as Blackwell Took Over
NVIDIA's annual report, filed February 25, 2026, shows full-year revenue of $215.9 billion and a Data Center mix increasingly defined by the Blackwell platform.
Chips
By the Numbers: NVIDIA Revenue More Than Tripled in Two Years, R&D Doubled
Pulling the XBRL facts straight from NVIDIA's filings shows revenue climbing from $60.9B to $215.9B across two fiscal years while R&D rose from $8.7B to $18.5B.
Cloud
Microsoft's Q3 10-Q: Azure Keeps Compounding, and the Capex Question Hardens
Microsoft's quarterly report filed April 29, 2026 again leads with Azure and other cloud services growth, the line that increasingly justifies the company's infrastructure build.
Cloud
Alphabet's 2025 10-K Keeps Google Cloud as Its Own Segment. That Reporting Choice Matters.
Alphabet's annual report filed February 5, 2026 again reports Google in two segments, Google Services and Google Cloud, the structure that lets investors isolate cloud economics.
AI
Meta's Reality Labs Cut Operating Profit by $16 Billion. The 10-K Says So Plainly.
Meta's 2023 annual report disclosed that Reality Labs investments reduced overall operating profit by roughly $16.12 billion, and signaled the drag would continue.
Cybersecurity
CrowdStrike's 10-Q: The July 19 Incident's Precise Impact Is Still 'Not Reasonably Possible' to Quantify
CrowdStrike's quarterly filing repeats a careful disclosure: it cannot quantify the precise impact of the July 19 Incident, but says the event has adversely affected results.
PatentBear Articles
Patent-linked articles with canonical PatentBear source links.
Chips
The Patent Tape: optical-switch thermal design sets the week 2022-03-04 signal
This weekly PatentBear backfill tracks optical-switch thermal design as an early signal for AI cluster reliability.
Chips
The Patent Tape: silicon carbide inverter devices sets the week 2022-03-18 signal
This weekly PatentBear backfill tracks silicon carbide inverter devices as an early signal for wide-bandgap manufacturing.
Chips
The Patent Tape: light-engine chiplets sets the week 2022-03-11 signal
This weekly PatentBear backfill tracks light-engine chiplets as an early signal for switch-system packaging.
Chips
The Patent Tape: AI memory publications sets the week 2022-03-25 signal
This weekly PatentBear backfill tracks AI memory publications as an early signal for memory architecture.
Chips
The Patent Tape: vehicle auxiliary power supply sets the week 2022-04-29 signal
This weekly PatentBear backfill tracks vehicle auxiliary power supply as an early signal for EV power-stack integration.
Chips
The Patent Tape: optical-switch thermal design sets the week 2022-04-08 signal
This weekly PatentBear backfill tracks optical-switch thermal design as an early signal for AI cluster reliability.
Chips
The Patent Tape: AI memory modes sets the week 2022-04-01 signal
This weekly PatentBear backfill tracks AI memory modes as an early signal for near-memory compute.
Chips
The Patent Tape: light-engine chiplets sets the week 2022-04-15 signal
This weekly PatentBear backfill tracks light-engine chiplets as an early signal for switch-system packaging.
Chips
The Patent Tape: vehicle auxiliary-power publications sets the week 2022-04-22 signal
This weekly PatentBear backfill tracks vehicle auxiliary-power publications as an early signal for power conversion design.