Citrini Research

Macro Memo: Spin Cycle

What Comes Out In The Warsh?

Jun 14 • Citrini

381

20

State of the Themes: June 2026

Updating Our Thematic Universe

Jun 8 • Citrini

437

7

28

May 2026

Semis Memo: Supply Chain Inheritance

Power & Analog Semis, CPUs in the Agentic Era, Neoclouds, Material Bottlenecks, Korea Unlocked

May 12 • Citrini

543

11

35

April 2026

Flash Note: Defense Production Act

The Continued Intersection of Fiscal and AI

Apr 27 • Citrini

375

6

5

Strait of Hormuz: A Citrini Field Trip

Analyst #3 on Assignment

Apr 5 • Citrini

1,568

37

174

March 2026

Agentic Utilities

Always On, Never Prompted

Mar 25 • Citrini

475

14

34

Let There Be Light

Revisiting the Optics & AI Connectivity Theme

Mar 12 • Citrini

410

15

31

February 2026

THE 2028 GLOBAL INTELLIGENCE CRISIS

A Thought Exercise in Financial History, from the Future

Feb 22 • Citrini and Alap Shah

9,282

90

1,884

Thematic Update: Modern Warfare

Directed Energy Weapons, Subsea Drones & Arctic Defense

Feb 18 • Citrini

162

8

20

Atoms vs Bits

What can’t you prompt your way out of?

Feb 11 • Citrini

285

16

27

January 2026

Semis Memo: Muscle Memory

Memory Test, Semicap Subsystems and Emerging Trades in the AI Semis Supply Chain

Jan 26 • Citrini

283

19

26

Macro Memo: Running Hot

AI Productivity, Geopolitics, New Macro Trades

Jan 14 • Citrini

207

10

30