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Viga Liu

71 Articles

Viga is a CFA charterholder and equity research analyst at TradingKey Investment Research, specializing in U.S. tech: semiconductors, AI, software, and crypto. With 4 years of combined experience spanning equity research and broader macro analysis, she leverages macro, fundamental, technical, and flow-of-funds frameworks to deliver actionable insights.

Written by Viga Liu

Reviewed by Viga Liu

Tesla's 2025 Q1 Earning Report Preview: A Critical Moment of Hope and Challenge

TradingKey - Tesla's 2025 Q1 financial report will be released on April 22. As a leader in the global electric vehicle industry, its performance has attracted much attention from the market.

TSMC's Q1 2025 Earning: Technological leadership and AI demand drive continued growth in performance

For investors, TSMC's current valuation has not yet fully reflected its growth potential in the AI chip market. It is recommended to pay attention to its progress in 2nm process mass production and CoWoS capacity expansion.

ASML 2025 Q1 Earnings Report Analysis: Robustness, Caution and Uncertainty

Although ASML's financial situation remains robust, driven by high-margin EUV systems and strict cost management, macroeconomic uncertainties, especially tariffs, and the cyclical slowdown in semiconductor demand have caused some concerns about near-term growth.

TSMC 2025 Q1 Outlook: AI-Driven Growth and Supply Chain Breakthrough Amid Tariff Pressures

As the world's leading semiconductor foundry, TSMC's Q1 2025 revenue reached NT$839.254 billion, a year-on-year increase of 41.6%, exceeding market expectations and in line with the company's guidance of NT$820 billion to NT$846.24 billion.

[IN-DEPTH ANALYSIS] Tesla's 2025 tariff impact and valuation outlook

TradingKey - Trump's tariff policy has led to rising costs for electric vehicles and energy storage, intensified market competition, and declining demand in China and the United States.The company is heavily dependent on China's rare earths and batteries and needs to accelerate local production...

[IN-DEPTH ANALYSIS] Marvell Technology (MRVL): Betting Big on ASICs Amid Challenges

Marvell's AI ASICs deliver efficiency benefits but contend with constrained market share (10-15%) and concentrated demand.

[IN-DEPTH ANALYSIS] AppLovin: The Secret to Explosive Growth Through AI and Acquisitions

Through key acquisitions (MAX, Adjust, MoPub), AppLovin evolved from a mobile game ad platform to an industry-wide platform, expanding its technology, user base, and market reach.

[IN-DEPTH ANALYSIS] Coinbase: The Next Chapter of Crypto from Trading to Consumer Apps

Our valuation estimates its intrinsic worth at $75–$87 billion, suggesting meaningful upside potential from its current market cap of $50 billion. While risks such as regulatory uncertainty and crypto market volatility remain, Coinbase’s diversified revenue streams and strong execution capabilities

[IN-DEPTH ANALYSIS] Snowflake: Leading the Charge in Cloud Data Innovation

Snowflake’s cloud data platform outpaces competitors with its scalable, cross-cloud architecture and cost-efficient storage-compute separation, setting a new industry standard. Cortex AI and Snowpark help NRR at 126%, positioning Snowflake as an AI/ML frontrunner.

[IN-DEPTH ANALYSIS] Salesforce: Will Salesforce Be Replaced by AI or Leverage It to Lead?

AI Opportunity and Risk: Salesforce’s decade-long AI investment and Agentforce leverage its clients, but AI could reduce seat demand and commoditize offerings.Moat vs. Agility: High switching costs secure its enterprise base, yet its size may slow adaptation to AI-native competitors.

CrowdStrike Q4 FY25: Fading Growth Momentum Tests a Cybersecurity Titan

CrowdStrike delivered results that, while surpassing consensus estimates, revealed a concerning slowdown in key growth metrics.

[IN-DEPTH ANALYSIS] TSMC: Forging the Future of Chips with Unmatched Scale and Innovation

A 20% revenue jump in 2025, backed by fabless demand and capacity growth, supports a target price range of $190-$263, promising strong returns.

[IN-DEPTH ANALYSIS] Apple’s Path Forward: Balancing Innovation, Pricing, and Market Challenges

Apple’s current stock price reflects market optimism, but risks in China and AI development may limit its fair value to a range of $167–$264.

Occidental Petroleum Q4 Earnings: A Master of Financial Management Withstanding the Oil Cycle

Occidental Petroleum (OXY) Q4 2024 Earnings revealed a financial landscape marked by strong operational performance amidst considerable challenges.

BHP FY2025 H1 Earnings: Trapped in the Commodity Cycle, but the Diversified Strategy Still Promising?

For FY2025 H1, BHP reported disappointing results but is actively pivoting towards growth with strategic investments in copper and potash, aiming to leverage future demand from electrification and urbanization despite challenges in the iron ore market.

Amazon 2025: Retail Strength, Cloud Dominance, and AI-Powered Growth

Valuation Upside: Base case valuation of $245, with potential upside to $310 driven by AWS growth and broader AI adoption.

Not just Focus on Crypto, Coinbase's Q4 Earnings Report Shows 167% CAGR in This Business!

Coinbase's Q4 earnings showcased an exceptional financial performance, with revenue soaring by 138% YOY and net income skyrocketing by 370%. This growth was supported by a 128% increase in institutional trading volumes from the previous quarter, underlining Coinbase's strengthening position among...

ASML Set to Soar: Unleashing Growth from US, Japan, and Korea's Chip Boom

ASML Holding N.V., headquartered in Veldhoven, Netherlands, leads the semiconductor sector by specializing in advanced photolithography equipment. This equipment is crucial for creating microchips, as it precisely etches patterns onto silicon wafers.

DeepSeek: Challenging the AI Landscape with Innovative Algorithms and Lower Costs

DeepSeek's recent released models have rapidly become a focal point in the AI industry due to their outstanding performance across multiple standardized tests, garnering widespread attention from the sector.

Is Intel Ready for a Comeback?

While the stock may appear attractive due to its low valuation, Intel’s ability to execute its strategies effectively remains uncertain. The company’s heavy reliance on the success of its Foundry business and its ability to compete with industry leaders like TSMC and Samsung add layers of complexity

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