TLDR:
I previously wrote this for SNDK https://www.reddit.com/r/wallstreetbets/s/axbLDQGuxQ
I now believe Blackberry has a real shot at a run up as the market starts to see it as an ai infrastructure company. Fueling the secure software needed for ai robotics to run on.
Position: LEAPS 27x 2028 January 21 $10 Calls
QNX already runs in over 275 million vehicles and is used by companies like Mercedes, BMW, Toyota, Ford, GM, Volkswagen, Stellantis and Hyundai.
Everyone chased NVIDIA because it sells GPUs.
Everyone chased memory because AI needs memory.
But what happens when AI leaves the data center and starts running inside cars, robots and factories?
Those systems need an operating system.
BlackBerry is already there.
It already works with NVIDIA, Qualcomm and Arm. The moat isn't AI. The moat is that safety critical software has massive switching costs.
The reason I bought isn't just the AI story.
The business is finally improving.
Revenue just grew 26%.
QNX revenue grew 26%.
Adjusted EBITDA grew 144%.
Positive operating cash flow for the first fiscal Q1 in nine years.
Management raised guidance.
Conclusion:
People keep saying BB has already gone up.
I think they're looking at the chart instead of the business.
If BlackBerry stays an automotive software company, maybe it's fully valued.
If the market starts valuing it as infrastructure for physical AI, I think the rerating has only just begun. I think there's a real shot this company does it
An example of how Nvidia's uses Blackberry QNX:
"Nvidia integrates BlackBerry QNX to serve as the secure, real-time foundation for its Nvidia DRIVE autonomous vehicle and Nvidia IGX Thor edge AI platforms. Nvidia provides the massive computing power, while QNX provides the fail-safe, ASIL-D certified operating system BlackBerry CEO Giamatteo Sees QNX Powering Growth. This partnership ensures deterministic control—meaning mission-critical operations like braking, steering, and medical or robotic functions are isolated from non-essential AI workloads Powering Safety‑Critical Edge AI with QNX and NVIDIA.
In industrial environments, Nvidia pairs its IGX Thor platform with the QNX Hypervisor to run smart factories and automated medical devices. This setup allows heavy-duty AI factory automation and medical imagery software to run on the exact same computer chip as safety-critical functions. For example, a robotic surgical arm can process real-time video AI while ensuring its movement controls never freeze or crash. By combining Nvidia’s graphics processing with QNX's safety-certified microkernel, industries can safely deploy high-speed automation without risking human life or equipment damage." - Google
