David Yee Trades

Meta is doing another round of layoffs.☠️ thestreet.com/employment/mar…

Navitas is still the 2nd best here and has lower Rds and higher power capacity (2x more than the Infineon part) compared to Infineon The gap is not too big

Great piece of wisdom for semis that I stole from someone smarter than me. To pick semis all you have to do is look at gross margin and sort the list down. Stay about 50%. You can tell risk on mode is in full swing when I now start to say things like: “Well, there’s a path of 45% if x, y and z happens so maybe that’s fine” Now considering I invested in $WOLF that has NEGATIVE GM (!!!) - I have either lost my way or I found a new path. Time will tell.

"Door To Doom Has Opened" As Hartnett Spots "Obvious Echo" To 1999 And 2009 zerohedge.com/markets/door-d…

New Fed Chair Kevin Warsh's Job Is Impossible zerohedge.com/markets/new-fe…

The haves and have nots of the AI gold rush techcrunch.com/2026/05/16/the…

The first 8,000 Meta layoffs hit Wednesday. What's happening to the people still employed and the anxiety of not knowing if you’re next is insane. SF Standard published an interview with an anonymous Meta employee ahead of the cuts. They used a voice actor. Meta started keystroke-logging staff. Inside the company right now: Internal leaderboards rank employees by how many AI tokens they burn. By minutes spent in the chatbot. Workers are openly admitting they ask the bot inane questions to pad their numbers, because being on the wrong end of the leaderboard is a risk signal. HR told the all-hands AI usage won't factor into layoffs. The leaderboard exists anyway. AI notes are auto-on in every video meeting. People manually disable them so they can talk candidly about who might be next. How you find out you're laid off: 7am email to your personal inbox. By the time you read it, your work accounts are already dead. So one Meta engineer wrote a script that scrapes internal profiles to see whose status flipped to deactivated. This employee runs a personal spreadsheet on top of it to track coworkers. An internal post suggested teams who successfully build their own AI replacement should get 5 years of comp and then be let go as a reward for replacing themselves. It got heavy upvotes. Zuckerberg's all-hands message, paraphrased: AI is moving fast, nobody knows what's coming, leadership is doing their best. This is the Hidden Layoff in operation. The headline number is 8,000. A whole different story is what's being done to those still employed. Surveilled. Ranked by AI usage. Asked to train their replacement. Told to suck it up. Employee's words: "Even if we haven't lost our jobs to AI yet, we're being commoditized in advance." We reported on the 6,000 additional new roles they cancelled earlier this week, along with the additional 8,000 layoffs planned later in 2026. That’s 22,000 roles either cancelled or cut for 2026. Now we have insight into how they’re deciding who comes next.

Infineon is mogging everyone here

For the broad market, sharp Momentum rallies near equity market highs have generally signaled below-average near-term S&P 500 returns. zerohedge.com/the-market-ear…

Persian Gulf Countries 'Refused' UAE Call For Joint Attack On Iran zerohedge.com/geopolitical/p…

RJ Scaringe has raised more than $12 billion across three startups and investors still want more techcrunch.com/2026/05/15/rj-…

Anthropic needs to solve the computer/power problem or they will be the Friendster of the AI era. I just ran a semi-complicated stock screening prompt on all four major AIs: Grok, Gemini, ChatGPT and Claude. The first three returned comparable results. Claude refused to do the work. Not the way to win guys…

From 0 to $284bn in 7 years. Total OpenAI revenue is expected to reach $284bn in 2030E. Will this be one of those "Hall of fame" crazy extrapolation charts that we look back upon in a few years?. zerohedge.com/the-market-ear…

BREAKING: Iran says it has prepared a "professional mechanism" to manage traffic and impose fees in the Strait of Hormuz and it will be "unveiled soon." Details include: 1. Iran says this system is "within the framework of its national sovereignty" 2. Under the new system, vessels will be directed along a designated route 3. Iran says "only commercial vessels and parties cooperating with Iran will benefit from it" 4. There will be fees imposed for vessels who wish to transit safely 5. The Strait of Hormuz will "remain closed to the operators of Project Freedom" Iran appears to be proceeding with their Hormuz toll system.

Good interview. Punchline for me is ppl doubting the multiyear run in semis/hw are going to be in pain. I agree w/ "the big bottleneck is the fact that there are so many bottlenecks" argument. It's clear we are going to keep grinding up IMO... youtube.com/watch?v=ygtPaO…

@JA_Maartun Already there

Bitcoin is moving into that lower-liquidity zone.

Thank you. I never expected to make it this far. Still remember that day in September 2024 when @asianometry gave me a shout out in his Hot Chips 2024 video and phone blew up. This chart makes me much happier than P&L. Remember, it's just money. It's made up.

🍪 TWiC: GaN vs SiC, Wolfspeed, Semtech A slight twist to This Week in Chips. I have a lot of these thoughts swimming in my head that I need to get down, and I might as well share them. They’ll convert to deep dives for paid subs eventually, but this way, I get them out of my head, and unfortunately into yours 🤣 Anyway, let me know how you feel about this approach. open.substack.com/pub/viksnewsle…

When people tell me they are concerned $WOLF recently went bankrupt, my response is simple. Its not a bug, its a feature. Imbrace your inner primate. Market is stupid enough as is just go with it. Its either -50% or +300%. 🎲

Musical Chairs zerohedge.com/markets/musica…