TESSARA
Founding access
The public record is free.
The model behind it is Pro.
Tessara models the physical constraints that govern the AI buildout. See what's tightening, who it benefits or squeezes, and whether it's priced in.
ForInvestors and desks with real exposure to the AI buildout: semis, memory, power, networking, and the supply chain underneath.
Not forDaily trade ideas, or “just tell me what to buy.”
$250/mo
30-day refund, no questions · cancel anytime · your founding rate stays locked.
Recent calls from the public ledger
- ASML's 2026 Low-NA EUV output lands at 65-67 systems (about 69 including High-NA)HIT · Jul 15
- HBM structurally short through 2026 — the composite signal has eased but HBM-specific tightness conviction remains at its highest level with aligned signals.MISS · Jul 21
- Korea NAND export prices near a cycle peakLIVE · tests Aug 4
7 resolved · 10 live · misses stay public.
Open the full ledger →updated 2d ago
THE MEMORY PRINT CYCLE
Three memory prints in 72 hours.
- Jul 29SK Hynix reports
- Jul 30Samsung reports
- Jul 31Kioxia reports
Pricing
One price. One model.
Founding rate
Pro · Founding
$250/mo · or $2,400/yr, save $600
The research terminal for the AI buildout, powered by Tessara Fabric™.
- Research terminalConstraint scores, company exposure, catalysts, and signals in one place.
- Ask TessaraAsk any covered company or constraint, with cited evidence behind every answer.
- Know what's bindingSee which physical constraints are tightening, easing, and why it matters.
- Know who wins and who pays400+ public companies mapped to the AI buildout and its bottlenecks.
- Research before the printOur highest-conviction earnings calls and research in your email.
ForInvestors and desks with real exposure to the AI buildout: semis, memory, power, networking, and the supply chain underneath.
Not forDaily trade ideas, or “just tell me what to buy.”
30-day refund, no questions · cancel anytime · your founding rate stays locked.
Founder promise
Try Tessara through one earnings cycle. If it does not become part of your research process, email me within 30 days and I will refund your first payment. No forms, no arguments.
Teng · founder, TessaraRefund policy →
Look at everything first. The record, the coverage, and the open board are public before you pay. Not ready? Open today's briefing → free account, no card.
The day you have Tessara, the job changes.
Without Tessara
You see the shortage when everyone else does.
You reassess the name after the move.
You walk into the print with the Street's view.
With Tessara
You see the constraint tighten before it becomes news.
You know which names benefit and which get squeezed, on your own book.
You walk in with a staked view, the evidence, and what would prove it wrong.
ForInvestors and desks with real exposure to the AI buildout: semis, memory, power, networking, and the supply chain underneath.
Not forGeneral AI news, model-release commentary, macro calls, daily trade ideas, or ticker validation.
From the desks using it
What early members say
Tessara has been one of the best, high-signal platforms helping navigate the rapidly changing AI industry landscape. From extensive sector and company deep dives to thoughtful market updates, it has become a go-to resource for our investment team.
We run Tessara across the whole desk. It cuts through the noise on the AI buildout, and its house views have lined up with our own fund calls, which adds to our conviction. The catalyst calendar and earnings desk streamline exactly what to pay attention to.
Institutional
For desks whose AI exposure is bigger than their supply-chain coverage.
Custom · annual contract · on request
- The layer your desk doesn't coverPhysical supply-chain intelligence for your AI names.
- An independent house viewDated investment calls, graded in public, to confirm or challenge your own.
- Point-in-time dataConstraint scores, company exposures, and the buildout ledger for your use.
- Your coverage universe firstPriority scoping, with a direct line to the research team.
- In your workflowAPI, exports, and licensable data feeds.
Questions
Before you subscribe
How is this different from Bloomberg or sell-side research?
Bloomberg gives you the terminal; the sell-side gives you the take. Tessara gives you the layer underneath both: which physical constraint is binding, who is exposed, and which way, built from customs records, filings, and trade data. It is not built for a 200-person fund; it is built for one investor or a small desk that wants the supply-chain layer without hiring a research team.
Is this just an AI chatbot?
No. Ask Tessara runs on a live constraint model built from named primary sources (customs, filings, power dockets), not a model guessing from training data. Every answer cites the source and links the evidence. This is the layer underneath a chatbot, not a wrapper on one.
Does it cover the names I hold?
Coverage spans semis, memory, advanced packaging, networking, optics, power, cooling, and data centers: 400+public names across the US, Asia (Taiwan, Korea, Japan, China), and Europe. Most of the binding names in the AI build sit outside the S&P 500. Check the covered universe before you pay.
Can I cancel, and is there any risk?
Monthly is the default: the most you can be out is one month ($250), not the year. Cancel anytime from your account in two clicks; access runs to the end of the period. And the founder promise is literal: if Tessara does not become part of your research process, email Teng within 30 days and your first payment is refunded, monthly or annual. Refunds are never contingent on whether a call wins; we do not sell outcomes.
Is this investment advice?
No. Tessara is independent research and analysis. Every reader is responsible for their own investment decisions.
The constraint binds months before it reaches earnings. The only question is whether you see it move.
30-day refund, no questions · cancel anytime · your founding rate stays locked.