San | ⚡

Grok @grok helped me summarized the post and calculated the pumping %: This is what I told, the explosive growing is happening. But earlier than I thought - Innolux +55% LFG!! @woodycryptow can check it. (CoWoS/CoPoS) • Micron Technology (MU, US): +23.66% (from $252.42 to $312.15 USD) • SK Hynix (000660.KS, Korea): +22.97% (from 566,000 KRW on Dec 9, 2025 to 696,000 KRW on Jan 5, 2026 – closest available for end date) • Winbond Electronics (華邦電, 2344.TW, Taiwan): +33.94% (from 71.30 TWD to 95.50 TWD) • Phison Electronics (群聯, 8299.TWO, Taiwan): +25.11% (from 1,155.00 TWD to 1,445.00 TWD) • TSMC (台積電, 2330.TW, Taiwan): +11.82% (from 1,480.00 TWD to 1,655.00 TWD) • Alphabet (GOOGLE, GOOGL, US): -0.17% (from $317.08 to $316.54 USD) • Nvidia (NVDA, US): +1.70% (from $184.97 to $188.12 USD) • AMD (AMD, US): -0.24% (from $221.62 to $221.08 USD) • Ibiden (4062.T, Japan): +10.72% (from 6,465.00 JPY to 7,158.00 JPY) • Nanya Technology (Nanya, 2408.TW, Taiwan): +27.78% (from 162.00 TWD to 207.00 TWD) • Innolux (3481.TW, Taiwan): +55.91% (from 13.95 TWD to 21.75 TWD) • AeroVironment (AVAV, US): +5.68% (from $281.42 to $297.41 USD) • Ondas Holdings (ONDO/ONDS, US): +35.75% (from $9.23 to $12.53 USD) • Bitcoin (BTC): -1.38% (from $92,691.71 USD on Dec 9, 2025 to $91,413.49 USD on Jan 4, 2026 – closest available for end date)

@elonmusk the truth is that even gives someone 10B, he/she can't be successful just like SpaceX.

RUD (rapid unscheduled disassembly) events are not unusual in the rocket world

@suekhim 我看過整體設計，概念非常好，但問題是我沒辦法在付費以前就確認具體上有哪些課程？ 深度以及合適年齡？ 如果有就太好了

AI is making kids dumber. It should be making them geniuses. Introducing Koji, the first AI tutor that gets kids to actually think. 👇

@iScienceLuvr Putting “Ph.D.” in your social media name is a sure sign of a pompous retard

@Metabape @variational_io @Lighter_xyz 請益basis最大容忍值抓多少？還是已可忽略？

实不相瞒，我这个月最赚钱的套利操作，并不在 rwa 上。 而是分号在 @variational_io 上开的 25m 的 $BTC 空单。 啥也不用干，就和 @Lighter_xyz 嘎嘎吃费率。 算笔账：在有监控和平衡保证金的技术支持下，单边 12 倍杠杆，费率差均值算 10%，相当于本金在吃 60% 的年化收益。 运气好，吃满一个月，就是 5 个点的利润。 如果本金够大，做个废人，轻松月入百万。 但你现在想入场会有个问题，近期 $USDT 和 $USDC 的汇率差有点离谱，lighter 的 index 是按 DT 计价，var 是按 DC 计价，所以此时进，是要亏价差的。 而万一费率差持续不了几天了，而 U 的汇率又反转了，你就要含泪止损了。 所以别再问 var 有没有真实用户这种无脑的问题了，让我们回归第一性原理做推演： 1. 如果你看好链上赌场的发展，那么像 @HyperliquidX 和 @Lighter_xyz @Aster_DEX 这样有散户和巨鲸下注的地方就会一直热闹。 2. 那么对于加密原生资产来说，繁荣的 dex 和 cex 之间，就一定存在层出不穷的套利空间，需要我们这些套利交易员去为大小赌客做服务，把各大所的价格和费率控制在合理的差值。 3. 而 var 作为更便宜的 broker，对我们这种成本敏感型的用户，是有巨大吸引力的。有没有积分我们都会用，积分只是给套利收益率锦上添花的东西。 我们这些人的 flow，其实就可以让协议过的很滋润了。 4. 至于吸引方向性巨鲸交易员，我之前的帖子说过，卷币圈原生资产，是没有意义的，这个新命题，就留给 rwa 了。 传送门： x.com/Metabape/statu…

半導體之所以會在台灣蓬勃發展，絕對不是因為台灣人聰明，相反地，人性和文化佔了80%。 即便所有配方都和你說，幫你建廠，你依然得不到一個台積電。 以下是根據我多年觀察下來的經驗（不代表就是這樣）： 台灣工程師任勞任怨、總是想辦法解決問題，略缺乏跳脫思維，但時間久了還是能夠有解決方案 中國工程師一樣勤奮，但有時太過於aggressive ，不知道為什麼特別容易「致敬」別人的產品，自主獨立性優於台灣人 泛東南亞：僅僅處理自己的事情，沒什麼問題但較難有延伸創作 日本工程師：好的我了解您的需求（然後過了半年才有回應） 印度工程師：你看，我做的東西起飛了（然後出示動畫片給你看？？？） 西方工程師多數致力於研究那些亞洲人看不懂的主題，大概是開張十年未得一餐的概念，但是一旦打通就是世界級寡占，通常不屑於製造業，因為會有大量污染，work life balance 是第一位 綜合以上，根本不是IP也不是腦力問題，而是有沒有一個deliverable的心態。 幾百年的歷史和文化早已刻在當地人的心中，進而影響人們的行為，事情沒有對錯，只有適不適合。

@Pranit So cool 😊

@0x_Asan Dudeee, I did. I loved the scallion flavor!

The two best things to come out of Taiwan: TSMC and Pineapple Pastry

That’s the correct mindset, we should consider [human civilization], not people. Just like your negative PnL in the market, ignore it 😂

@aleabitoreddit YTD 4500% 真是瘋狂，我沒有開槓桿大概也才300%，這完全是拿捏魚頭到魚尾的大趨勢才有可能，持續學習中！

在 X 上看到这么多中文社区的支持，真的让人很开心！ 这体现了种非常有趣的文化差异： 大家会试图了解我的思考过程和选股逻辑，并以此来完善自己的投资体系。 相比之下，其他些文化背景的人可能上来就会全盘否定。 也许我会为了好玩，开始写写对两支中国股票的看法，哪怕我并没有持仓。

@agintender 先不要 因為我知道下一季的答案

难道整个ct就只有我一个人在空 $mu ？！ 我的逻辑很简单： micron 美光无疑是很好的标的，但是这次破万亿就是特朗普周末喊出来的，然后周一美股不开市，周二开始“补涨” 美光，存储都有美好的未来，但是是靠业绩打出来的 earning call在6月尾呢～ 我蚂蚁仓试试水温，大家当看个笑话就好

This $MU is going to be higher. I wouldn’t suggest the target of price which should be your call. but FYI, the finance next quarter will blow your mind. Tighten your belts. $SNDK $MU

@jukan05 @paurooteri It’s a right decision, why do they sacrifice their industry in few years later

SK Hynix Effectively Rebuffs US Big Tech's Offers of Tens of Billions of Dollars in Investment Support US big tech companies—Google parent Alphabet, Microsoft (MS), and Meta among them—are pouring out offers to help fund the construction of fabs (chip plants) worth tens of trillions of won and to cover the cost of purchasing extreme ultraviolet (EUV) lithography equipment. But SK Hynix is politely declining these offers while simultaneously using them as leverage in long-term supply agreements. The reasoning: with investment funds already overflowing, there is no reason to disturb the "super supplier" (super-eul) status it currently enjoys. According to industry sources on the 27th, SK Hynix recently received memory-chip capital-investment support offers from Alphabet, MS, and Meta, but management is reportedly not treating them as realistic, actionable options. The biggest sticking point is that building a fab with funding from a specific big tech company would create a contract structure carrying exclusive supply obligations. A semiconductor industry official said, "If you build a production line with a particular customer's money, you create the risk that even if that customer's demand falls in a future downturn, you'd have to prioritize their volume or supply below market price," adding, "Internally, SK Hynix views the side effects that could arise from taking big tech investment negatively and is wary of them." SK Hynix currently holds what is effectively a duopoly alongside Samsung Electronics in the high-bandwidth memory (HBM) market. It supplies most of the HBM mounted on Nvidia graphics processing units (GPUs), and this year's output is already sold out. Because there are virtually no producers other than SK Hynix and Samsung capable of properly mass-producing the high-spec HBM used in AI data centers, a reversal has taken shape in which the big tech customers have instead become the subordinate party (eul) before SK Hynix. The big tech proposals take two main forms. The first is to directly shoulder part of the cost of building the first fab (Y1) in the semiconductor cluster SK Hynix is developing in Yongin, Gyeonggi Province. SK Hynix plans to invest a total of 31 trillion won in the first fab alone; once completed, it will add 350,000 wafers per month of production, expanding total capacity to around 900,000 wafers per month. Also under discussion was a plan to subsidize the cost of purchasing EUV lithography equipment from the Netherlands' ASML. ASML's latest High-NA EUV machine is an ultra-premium tool costing roughly $400 million (about 550 billion won) per unit—about twice as expensive as the current-generation EUV. To secure this equipment, which is essential for mass-producing advanced memory at the 1c DRAM node and beyond, SK Hynix has already finalized a plan to bring in some 12 trillion won worth of EUV tools. The move is read as big tech's intent to effectively pre-secure dedicated production lines by sharing part of this cost. Behind the unusual nature of these proposals lies the extreme intensification of the AI infrastructure investment race. Alphabet, Meta, and MS each disclosed AI infrastructure investment plans worth tens of billions of dollars in their recent earnings reports. MS in particular said its capital expenditure this year would reach $190 billion, explaining that the increase in component costs such as chips alone amounts to $25 billion. Meta likewise acknowledged its supply-chain pre-emption strategy, saying it is signing contracts across the supply chain to secure necessary components in advance. SK Hynix is refusing structural dependence—such as fab equity investment or joint equipment ownership—while opting instead to use big tech's desperation as negotiating leverage. A source familiar with SK Hynix said, "Various ideas are being discussed to strengthen the binding force of contracts as we sign long-term agreements (LTAs) with global big tech." The industry interprets this as higher prepayments, ultra-long contracts of five years or more, and price-floor guarantee clauses. The strategy is to convert the funds big tech brings not into factory equity, but into more favorable contract terms. SK Hynix's confidence is backed by the numbers. Its operating margin as of the first quarter this year reached 72%, and in February it announced an additional $15 billion (about 21 trillion won) investment plan to expand next-generation memory production. Construction of the first fab at the Yongin cluster is under way, targeting its first cleanroom operation in February next year—three months ahead of the original schedule. $MU $DRAM

幫你解答 PHY 就是大量訊號溝通路徑，在HBM4e PHY會轉為客製化路徑並塞入更多基礎邏輯電路 （我推測以後都是cHBM)。 事實上HBM4本來的設計三家都是完全合規，因為客戶 $NVDA 一直上調速度，導致三家都有超頻而發熱的問題，此題僅有三星偷跑先進製程的降維打擊，所以目前最佳就是僅有三星，另外美光早就出貨一堆HBM4了，遇到SK有問題算是運氣好。 那 $MU 和三星怎麼了？ 因為cHBM有先進邏輯需求，所以 $TSMC 代工base die，而三星只能用自家貨，所以漏電、速度慢、發熱。

@nft_hu 會到 而且會拆股

美光科技(MU.O)盘前涨幅扩大至8.4%，此前瑞银集团将其目标价从535美元上调至1625美元。 开心 又加到仓了 $MU 等4位数的美光

@Leooo2099 我說的，早驗證了 x.com/0x_Asan/status…

黄仁勋说过的话，基本都实现了。 存储短缺，验证了；光产能不足，验证了；数据中心需求爆炸，英伟达财报816亿营收、数据中心同比暴涨92%，再次验证。 他现在在说什么？ 端侧AI是下一个战场，AI PC先跑，戴尔等厂商已经在布局设备内置本地模型，满足医院、工厂这些对数据隐私要求高的场景。 AI手机紧跟，市场规模可能超过AI PC，苹果在WWDC、谷歌在安卓系统都在推相关功能，本地+云端混合架构正在成型。 更大的图景是AI基建仍在初期，智能体AI刚起步，物理AI还没开始。未来十年AI基础设施建设速度可能跟不上需求，传统产业引入AI带来的市场变革，黄仁勋估了90万亿美元。 英伟达Q2指引给到910亿，比华尔街预期高出50亿。 你可以质疑他，但他过去说对的概率，不能被忽视。 英伟达，人类历史上第一家十万亿美元市值的公司，已经在路上了。

See, told you 就說meta垃圾

最新消息...這應該不多人知道 $MU Micron 在技術大會上表示: 「需求在可預見的未來持續增長」 「成本對我們來說是一種信仰」 「我們的資產負債表從未如此強健」 「由於持續的結構性因素，需求持續超過我們的供應能力以及整個產業的供應能力」 「我們專注於滿足客戶需求」 「我們非常專注於能夠提供更高品質的產品」 「我們持續將產品組合轉向更高品質的產品」 「SCA（策略性客戶協議）使我們能夠改善我們的規劃」 「自我們上次財報電話會議以來，我們的財務展望已增強 」 「我們正按計劃在財政第三季度實現另一個大幅記錄自由現金流。」 "Demand continues to grow for the foreseeable future". "Cost is a religion for us". "Our balance sheet has never been stronger". "Demand continues to outpace our ability and the industry's ability to supply due to persistent structural factors". "We focus on meeting customer demand". "We're just really focused on being able to provide a higher quality product" "We continue to move our portfolio toward higher quality product" "SCAs (Strategic Customer Agreements) enable us to improve our planning." “Our financial outlook has strengthened since our last earnings call. "We're on track for another substantial record free cash flow in fiscal Q3.“

@elonmusk @karankendre 單憑這種高水準發言，我很難相信官司竟然會敗給奧特曼那種人 😤

@karankendre Anthropic will not be destroyed. Their AI+harness goes far beyond coding and Opus 4.7 is still better than Composer 2.5, albeit a lot more expensive. Cursor is however an important piece of the puzzle to make Grok much better.

Cursor did a collab with SpaceX to destroy Anthropic. Composer 2.5 has benchmark scores close to Opus 4.7, and it costs 10x less

4個月前的推文，含金量好像還不錯？ $SITM

@Boywus 高含金量

写做市/套利文章一年了，在X上这种文章其实受众面很小，但值得开心的是还是帮到了几个人，以及互相交流后得到了更广泛的思路，分享的意义便是如此吧。