Bry_mon

$MU - the fragility is real after betting big on something like DRAM recently and digging into all kinds of numbers and scenarios, from GPU HBM demand to CPU DRAM projections, plus the memory supply side, etc. Looks like just a few articles but it ended up consuming so much of my time and mental energy because of the sizable bet. Much more relaxed if I just write about things without putting big money into them. Need some rest lol

I’m going to make some of you millionaires. I don’t want anything in return.

Today I learned there’s a $NVDA CPO supplier that builds massage chairs and US Humanoids on the side. The Toto toilet HBM meme keeps showing up everywhere.

The US/West now controls majority of the shares of $SIVE. With Goldman Sachs/JP Morgan/Morgan Stanley and other US institutions entering. US/West 46.8%: - Fidelity: 11.5% (retail) - Charles Schawb: 11.4% (retail) - $IBKR: 9.3% (primarily retail) - BNY Mellon: 4.2% (retail) - Morgan Stanley Smith Barney: 3.1% (Retail/Wealth management) -Bank of America: 2.8% (retail/Wealth management) - BNY Mellon: .9% (institutional) - Morgan Stanley Client Assets: .7% (institutional) - Bank of New York Mellon: .5% (institution) - JP Morgan: .5% (institutional) - J.P. Morgan Securities Plc: .4% (institutional) - Citibank New York: .3% (institutional) - JP Morgan SE: .2% (institutional) - Morgan Stanley: .2% (institutional) - JP Morgan Securities: .2% (institutional) - BoFA Securities: .2% (institutional) - Goldman Sachs: .2% (institutional) - Goldman Sachs International: .1% (institutional) - Cbny-Rja-Client Asset - .1% (retail/wealth) Large % now owned US retail shareholders (eg. $IBKR on behalf of clients, probably majority retail some institutions). The new but smaller JP Morgan Goldman Sachs, and Citibank % positions are likely hedge funds or other institutions trying to build positions. Europe & Switzerland: 11.3% - Clearstream: 6.2% - UBS Switzerland: 1.6% - Six SIS: 0.8% - Euroclear Bank: 0.8% - Saxo Bank: 0.6% - BNP Paribas: 0.6% - Caceis Bank / Intesa San Paolo: 0.2% each - KBC / LGT / Julius Baer: 0.1% each Swedish ~8.49%: Försäkringsaktiebolaget Avanza Pension - 4.76% Nordnet Pensionsförsäkring - 2.73% Skandinaviska Enskilda - .2% SEB Life International - .1% Nordea Bank Abp - 0.7% Canada/UK/Middle East ~.6%: First Intl Bank of Israel - .3% Royal Bank of Canada - .1% Royal Bank of Canada - .1% HSBC - .1% A special thank you to the Swedish Media doing the work of US institutions: The West now has ~58.7% ownership. Swedish is now down to 8.49% due to local media. I wonder if they realized what they've done now scaring off local investors now that it's changed hands to US institutions/investors? The West have now acquired majority of the float before the CPO supercycle. You can also start to see US institutions like JP Morgan or Goldman Sachs building start positions (on behalf of institutional investors), probably off of US retail taking profits. This is likely after $SIVE reached a certain MC threshold for fund mandates. But a large % of it is still owned by US retail on places like $IBKR and Fidelity. (this is what I call frontrunning the institutions) TLDR: $SIVE went from majority: -> Swedish retail ownership -> US retail ownership -> gradual US Institution ownership as US retail takes profit or sells (if they figure out a way to scare off US retail like the Swedish media did).

Just listened to the earnings call from $FLNC and decided to add to my position at $16.67. The earnings were spectacular in my opinion. Yes, they missed revenues due to a delayed shipment of $80 million, but the backlog keeps rising and Fluence management is confident they can deliver. 50% of the backlog comes from new customers and the main part of this backlog is for datacenter purposes. The datacenter backlog is around 12 GW, with the major part of this connected to 2 hyperscalers. To give you an idea, Fluence now have around 22GW deployed or contracted globally. So, this is a major deal. They announced 2 MSA's with major hyperscalers and are expecting a first order in Q3 already. They also said that they would speed up delivery for these hyperscalers and are expecting deliveries within a year. So, we should see first revenues from these deals in 2027. They also explained the heavy selection process for these hyperscalers. Apparently 26 companies were notified, but due to the difficult technical specifications most of the companies could not fit the standards. The main reason they were able to agree these MSA's was due to the fact that their technology is already proven. He spoke about the Fluence lab, so I suppose these Hyperscalers visited the lab and approved. The main focus remains on top-line growth. There were some questions about the high OPEX costs in percentage of revenues but Fluence want to control these by growing revenues instead of lowering costs. Happy to have started a stronger position here. Datacenters are looking for high quality of power to get them through the fluctuations and it looks like Fluence can provide it. Now valued at $3.4B with a $5.6B backlog, still looks pretty cheap.

I think I found a gem that no one is talking about yet. Everyone on FinX talks about the same stocks, but every now and then a gem that no one has heard of pops up. The company I'm talking about is Flex Ltd., ticker symbol $FLEX. 🧵 Why $FLEX might be an undervalued stock in the AI infrastructure space right now. A thread.

The reason $AAOI is such a volatile stock... These dudes are either lying SO hard or this is the most asymmetric set up in the stock market. Today they said they can go from $150M/quarter to $470M/month in ONE YEAR. Photonics TAM says yes. Mgmt track record does not.