Benjamin Bjerre

@MickF1 @AndreasSteno @DavidD_Chapman US is actually funding Russia now because countries now are forced to trade with them because Hormuz lockdown. Great job by the clown show in 🇺🇸.

@AndreasSteno @DavidD_Chapman With Americas funding, equipment and intelligence.

Withdraw from NATO and withdraw all US troops from US bases in Europe and see how many days it takes Russia to conquer Europe.

Risk/reward seems attractive: Token consumption accelerating, GPU per hour rental prices going vertical and Tech valuations are broadly below their Covid and Deepseek lows. Some high quality secular growth names are at mid single digit multiples on real 27/28 numbers.

Some of the highest quality businesses in the world are trading at extremely cheap prices. Ignore the MSM. One of the most one-sided wars in history that will end well for the U.S. and the world. And we have the potential for a large peace dividend. One of the best times in a long time to buy quality. Ignore the bears.

Piper on $APP We spoke with an ad-monetization expert about APP and the mobile gaming landscape given competitive headlines. The key take: nothing has changed for APP or their market share on the demand or supply-side. They continue to out-execute peers and all signs point toward strong E-Com adoption. Reiterate OW, $650 PT.

$LITE is building a new U.S. laser fab in North Carolina to produce InP-based optical components for AI data centers with $NVDA as a key customer. The project includes hundreds of millions in investment and a production ramp targeted for mid-2028.

The fact that memory stocks are crashing because of Google’s Turboquant is a pretty good indicator of how many clueless people this market is filled with. It’s like saying Aramco should crash because Toyota came out with a next-generation hybrid engine.

SK Hynix seeks U.S listing. finance.yahoo.com/m/01fae71a-8cf…

*SK HYNIX SUBMITTED FORM F-1 TO US SEC FOR US LISTING

$ASML ASML secured its largest disclosed order ever: SK Hynix will buy $8B of EUV machines through 2027 to ramp advanced memory chip production 🚀

SK hynix to Issue New Shares and Pursue U.S. ADR Listing • SK hynix is moving forward with a plan to issue new shares and list American depositary receipts (ADRs) on the U.S. stock market. ADRs are negotiable certificates issued to enable overseas trading of a company’s shares. • The size of the issuance is understood to be around 2.4% of total shares outstanding, roughly equivalent to the amount of treasury stock previously canceled. • SK Group Chairman Chey Tae-won also mentioned during NVIDIA’s annual developer conference, GTC 2026, on the 16th that the company is reviewing an ADR listing. • Through the new share issuance, SK hynix is expected to raise approximately KRW 10 trillion to KRW 15 trillion in U.S. dollar funding. • The proceeds are expected to be used for AI infrastructure investment, including the development of the Yongin semiconductor cluster, a project with a total planned investment of KRW 600 trillion. • SK hynix is expected to select underwriters soon and begin work on the ADR listing process. • The newly issued shares are not expected to be distributed in the domestic Korean market. Instead, they will likely be deposited directly with the Korea Securities Depository, after which a U.S. local bank will issue ADRs backed by those shares. • Industry observers say the ADR listing carries significance beyond simple fundraising, as it could serve as an opportunity for the company’s valuation to be reassessed. • SK hynix is currently trading at a price-to-earnings ratio (PER) of around 5.7x, about half of Micron’s 12.1x. • If the ADR issuance leads to inclusion in major global indexes such as the Philadelphia Semiconductor Index (SOX), it could also attract substantial passive fund inflows from index-tracking investors.

@crux_capital_ Read it all with great interest and definitely came away wiser - very thorough.

SK Hynix is pursuing an ADR listing. reuters.com/world/asia-pac…

$NBIS Nebius just signed a massive AI capacity deal with Meta worth $12B+, potentially up to $27B over 5 years. Capacity will run on NVIDIA’s Vera Rubin platform starting in 2027. Another clear signal that hyperscalers are accelerating the global AI infrastructure buildout.

Cybersecurity company Rubrik has now grown its Subscription ARR nearly 10-fold over the last 5 years. That's a 60.7% CAGR! $RBRK

$RBRK (Rubrik) #earnings are out:

$RBRK crushed it. - Q4 Revenue: $377.7M (+46% YoY) - Subscription ARR: $1.46B (+34% YoY) - Q4 Gross Margin: 81.5% - Non-GAAP EPS: $0.04 (vs $(0.18) YoY) - Free Cash Flow: $70.1M - FY Revenue: $1.32B (+48% YoY) - FY Free Cash Flow: $237.8M Guide: - FY2027 Revenue: $1.597B–$1.607B - FY2027 Subscription ARR: $1.829B–$1.839B - FY2027 Non-GAAP EPS: $0.07–$0.27 - FY2027 Free Cash Flow: $265M–$275M I'll post more thoughts later!

$NVDA is investing $2B in $NBIS to scale next-generation AI cloud infrastructure. The partnership targets deployment of 5+ gigawatts of NVIDIA systems by 2030, powering hyperscale AI factories for inference and agentic AI. nvidianews.nvidia.com/news/nvidia-an…

Var forbi Millionærklubben hos @euroinvestor i går. Vi drøftede bl.a., hvordan LLM’er og Agentic AI kommer til at ændre SaaS-landskabet, Broadcoms regnskab og den geopolitiske situation, og hvad det kan betyde for datacenterudbygningen. euroinvestor.dk/nyheder/millio… @TechwaveInvest

$NVDA DOUBLE BEAT

$PANW CEO on the impact of AI on cybersecurity: "The LLMs are a net positive and additive to our capability to deliver security.. I'm still confused why the market is treating AI as a threat to at least cybersecurity. I can't speak for all the software because one thing we're definitely seeing that customers have figured out that they need to drive more consistency in their security stack to be able to respond faster using AI. You cannot respond fast if you've got 70 different vendors who have different data, different logs, different APIs running. So we are seeing a trend towards more consolidation"