Sahm Adrangi

Sahm Adrangi, Chief Investment Officer at Kerrisdale Capital, shares his insights on ACM Research, a key player in semiconductor equipment. He discusses the intriguing valuation discrepancies between its U.S. and Shanghai listings, emphasizing market dynamics and missed opportunities. Sahm dives into competitive factors influenced by Chinese regulations and the implications of U.S.-China tensions. He also addresses the capital allocation strategies and the potential impacts of slowing AI investment on growth prospects. A fascinating take on a complex market!