Dave Vellante
Latest from Dave Vellante
BREAKING ANALYSIS
Decoding Trump’s Intel pivot
President Donald Trump’s 180 on Intel Corp. is at least directionally correct, certainly more so than calling for the ouster of Lip-Bu Tan, Intel’s CEO. But a contemplated investment by the U.S. in Intel, as reported by Bloomberg and the Wall Street Journal, without a significant restructuring of Intel’s entire business, is a recipe for failure ...
BREAKING ANALYSIS
Cloud Quarterly: Azure AI pop, AWS supply pinch and Google execution
Artificial intelligence is currently running on a one-lane CapEx highway that is capacity-constrained. Hyperscaler cloud providers are the largest contributor to the momentum and as such, investors keep score with cloud growth rates. But this past quarter you had to read the footnotes and the fine print to go beyond the massive investments fueling the ...
SPECIAL BREAKING ANALYSIS
Microsoft earnings: Turning up the heat with Azure, AI and the data center arms race
By all accounts, Microsoft Corp. just delivered one of the most powerful quarters in its history. But this wasn’t just a blowout print, it was a signal that Microsoft is playing a new game. The company’s performance is redefining what hyperscale looks like in the artificial intelligence era. An objective analysis of the Q4 FY2025 ...
BREAKING ANALYSIS
Stablecoins gain legitimacy as crypto finds clarity in the regulatory fog
The stablecoin market is rapidly maturing into one of the most consequential sectors of the digital asset economy. After years of uncertainty, regulatory friction and media skepticism, stablecoins are no longer a speculative curiosity. Rather, they are foundational to the next chapter of programmable finance. Our research suggests that the convergence of policy shifts, institutional ...
BREAKING ANALYSIS
Tech spending remains persistently uncertain
While the Nasdaq seems to reach new highs daily, enterprise tech spending remains persistently cautious at the macro amid continued market uncertainty. That’s not necessarily bad news, but it can be disconcerting to decision makers. Often during transitional cycles, like the one we’re in now, executives don’t want to over-rotate on capital allocations that deliver ...
ANALYSIS
A new Cisco for the agentic AI era: Ambition, innovation and the burden of proof at Cisco Live 2025
Cisco Systems Inc. hasn’t enjoyed much organic revenue growth in more than a decade. It just rolled into San Diego claiming this year’s Cisco Live is the “most consequential” event in the company’s history. Hyperbole? Maybe. But after three days on-site comprising a Q&A with Chief Executive Chuck Robbins and President and Chief Product Officer ...
BREAKING ANALYSIS
How Dell is riding the AI wave while serving its massive installed base
Dell Technologies Inc.’s founder-led business is one of the most remarkable and under-appreciated stories in tech. Dell Technologies is not particularly sexy, nor does it put forth an earth- shattering vision that bends the mind. Yet it’s a company that has consistently figured out how to ride successive waves without becoming driftwood. And like Hyman ...
BREAKING ANALYSIS
Power-hungry clouds: Inside tech’s most expensive quarter
Based on this quarter’s earnings reports, it’s clear to us that demand is not the constraint for hyperscale clouds. They are, however running headlong into the hard limits of physics. Access to megawatts, liquid‑cooled racks and a graphics processing unit supply chain that begins and ends with Nvidia Corp. (and Taiwan Semiconductor Manufacturing Co.) are ...
BREAKING ANALYSIS
The long road to agentic AI – hype vs. enterprise reality
At last week’s AI Agent Builder Summit, hosted by Scott Hebner of theCUBE Research, the hype around “agentic artificial intelligence” – autonomous software agents that can orchestrate complex tasks – was on full display. Demos and keynotes painted a bold vision of AI-driven business processes. But scratch beneath the surface, and a sobering reality emerges: Most ...
BREAKING ANALYSIS
Google’s cloud play: integrated AI from infrastructure to apps
We predict Google’s overall cloud business will reach $54 billion in revenue this year. Our models indicate that Google Cloud Platform will contribute to more than half of that revenue for the first time ever. Despite this performance, Google faces criticism even with its advanced technology and double-digit growth. The reason? It’s still 2.5 to ...









