BHI 3.1·Q2 2026 Bulletin
Published Jun 4 2026·Spearman ρ = 0.77·Validation: preliminary
Today's bulletin →
Movers · Q2 2026 · Jun 4 2026
PLATFORM PROFILESNPS/CDNS

Synopsys/Cadence (EDA Duopoly)

$170B combined100% of advanced chip designCritical Infrastructure
12.97
B-index (V3.1)
BLACK HOLE
Capture2.186
Escape0.169
Key Structural Insight

Eleven-Parameter Profile

5DATAMEMACTPROCNETCLOSEPORTSUBFALLORGMOM
Data Depth8/10
Memory9/10
Action9/10
Process10/10
Network8/10
Closeness8/10
Portability1/10
Substitutability1/10
Human Fallback1/10
Org Depth9/10
Momentum6/10
Capture Escape Extended

V3.1 Decomposition

ComponentValueFormula
CES₄ capture core0.8986CES(d, m, a, p)
Knowledge synergy σₖ0.8485√(d · m)
Operability synergy σₒ0.9487√(a · p)
Synergy boost1.26961 + 0.3·(σₖ + σₒ)/2
Org-depth multiplier1.45001 + 0.5·o
Momentum multiplier1.18001 + 0.3·t
Total Capture2.1862c·(1+0.5n)·core·syn·org·mom
CES₃ escape core0.1000CES(x, s, h)
Feedback attenuation0.6855max(0.3, 1 − 0.35·core)
Total Escape0.1685ε + escCore · feedback
B = Capture / Escape12.972.186 / 0.169

Scoring Rationale

Parameter Sensitivity

MARGINAL B-INDEX CHANGE PER ±1 SCORE SHIFT
PORT1
-5.18
SUB1
-5.18
FALL1
-5.18
CLOSE8
+3.24
DATA8
+1.07
ACT9
+1.02
MEM9
+1.00
NET8
+0.93
ORG9
+0.89
MOM6
+0.66
PROC10
+0.48
+ raises B (deepens lock-in) lowers B (aids escape)

Comparable PlatformsCritical Infrastructure (10 peers)

#PlatformTickerB-indexZone
01PJM InterconnectionNon-profit12.20BLACK HOLEProfile →
02FAA NextGenGovt12.20BLACK HOLEProfile →
03National Grid UKNG.L11.27BLACK HOLEProfile →
04CATL300750.SZ6.86BLACK HOLEProfile →
05Foxconn2317.TW5.65BLACK HOLEProfile →
06Siemens EnergyENR.DE4.89BLACK HOLEProfile →
07Deere & CompanyDE4.68BLACK HOLEProfile →
08ARM HoldingsARM4.23BLACK HOLEProfile →
09CorningGLW3.84BLACK HOLEProfile →
10LindeLIN3.53BLACK HOLEProfile →