Zaim

@ThaiLy897796158 @Lazarus_Capital @IREN_Ltd Cook that fraud 😉

@Lazarus_Capital @IREN_Ltd At least we don’t need batteries to run a data center in a residential area 🤣

IREN has entered into a $1.6bn purchase agreement with Dell for air-cooled Blackwell systems to support its previously announced 5-year, $3.4bn managed services AI cloud contract. The systems are expected to be deployed across existing data centers at Childress, Texas, with commissioning targeted for early 2027. Upon commissioning, the AI cloud contract is expected to increase IREN's annualized run-rate revenue (ARR) from $3.7bn to $4.4bn. @danroberts0101, Co-Founder and Co-CEO of IREN commented: “Securing capacity and accelerating commissioning are our top priorities in a market where time-to-compute is everything. Hyperscalers, enterprises and developers choose IREN as a partner because we own and control the full stack - the physical infrastructure, the compute, and the operational capability to deploy at scale. Our relationship with Dell ensures access to hardware at the scale and speed the market demands. Every deployment we complete makes the next one faster, and that compounding execution advantage is what we are building.” Learn more: iren.gcs-web.com/static-files/6…

@compoundturtle_ I think both will do great and you can’t go wrong with either. But power is the real bottleneck and for that reason I am going with Iren.

$NBIS or $IREN — who outperforms over the next 10 years? $NBIS — Nebius Mcap: ~$54B Secured power: 3+ GW Owns 75%+ of its infrastructure $IREN — Iris Energy Mcap: ~$20B Secured power: 5 GW 100% owned infrastructure (land, power & data centers) Which are you picking?

@demian_ai Do you own any of these names personally?

The ai bottleneck map moved this week... $ALAB +40.6%. $CRDO +35.7%. Maybe we should rename this a « networking week » Networking and retimers led. If clusters are becoming the computer, the fabric is part of compute. Custom silicon came back through ARM at +48.2%. The next layer of the capex stack getting priced. Photonics is still alive but no longer clean. SIVE.ST +42%. AXTI +23%. TRT down 26% inside the same basket. sounds like dispersion is increasing. Power and grid quietly became the recurring constraint. NVTS was the loud one at +44.7%, but the bigger story is that data centers need transformers, switchgear, turbines, substations, and cooling before the GPU earns a dollar. Cooling -1.6%. Construction -2.9%. Same week. The useful read of the AI tape this week is which bottleneck the market paid for and which one it pulled capital from. The old version of the trade was buy the obvious AI winners. The newer version is harder. Find the next physical constraint before it becomes obvious, this is what aibottlenecks.app is built to catch. Daily brief, ai chat, ETF Lab readout like the one above. + bottleneck baskets tracked together so the dispersion becomes clear and visible. The boring layers are becoming the trade? At least this is where I am spending most of my attention next.

@fynnvestor $IREN - they own land, power, and now brought a software company. Very bullish on them long term

What is your highest conviction singular stock? The company you have the most faith in. For me, it’s Rolls Royce. Interested to hear yours

@amitisinvesting @Mindset4Money_X I mean you need to make Facebook account to use the new thread and forum lmao. No one is using that shit

@Mindset4Money_X i just used forums last night lets just say its not doing anything to $RDDT lol they just took groups and put it into an app not the same

If you truly believe $META will wipe out $RDDT … Wasn’t threads supposed to replace X? I believe we are currently at peak engagement too.

@cyberprince_rwo @AnuragK33012676 No tell us cuz nothing has happened?

@AnuragK33012676 just act chatgpt: what happened with google and meta in the past week that affected reddit stock

I swapped my $RDDT for $RBLX yesterday Took a big L (35k) I’m in love with Reddit’s numbers, margins, free cash flow and I do like the CEO and COO a lot but they are under fire from everyone. $GOOG yesterday now $META today. I will reevaluate.

@aleabitoreddit Nbis is also down from 230 to 186. Wow this hate for Iren is insane

$IREN back down -34% from $70 to $46. I wonder if one of the dumbest communities on X finally learned to read? $NBIS is objectively the better Neocloud, with actual financing. -> Nvidia didn’t fund $IREN at all. They got a free purchase agreement to let IREN use their logos and dilute for GPUS. $NVDA actually gave $NBIS capital. -> $IREN is facing endless dilution like $BKKT, $ASST, $SLNH as retail wealth transfers capital over from $6,000,000,000 ATMs, on a dwindling “5 GW capacity” moat. $NBIS actually uses equity appreciating financing structures. And this is reflected in the YTD differences between them both. I’ve said the same thing last year too. One is up ~100%. The other is flat, and even negative depending on entry points. IREN is literally a marketing company at this point by how they manage to convince retail to wealth transfer over capital.

@FuzzyPandaShort Thanks for the dump. I brought much appreciated

New: We are Short T1 Energy (TE) Investors confused T1 as an AI play. It's Not. It is another China Hustle We'll reveal the dirty little secrets of its key IP transfer that hide T1's deep ties to China T1 is FEOCk’ed. Expect major accounting restatements coming soon

@Bare_Birk That guy is super annoying. I don’t know why you would keep shitting on another stock.

I dont think people actually know that Iren got a 3,4bn contract with Nvidia. The first one NVIDIA has done with a neocloud

@demian_ai Soi has run a lot. Really thinks it’s still undervalued

Inside an AI server today, the GPUs talk to each other through copper cables and small pluggable optical modules. Starting in the second half of 2026, that wiring gets replaced by lasers built directly into the chip package (CPO). Goldman thinks the market for that goes from roughly 0 to $91 billion inside 18 months. That part the Serenity has right. What I’d slightly diverge on is who actually captures it. He says US names like Lumentum and Coherent are capped because they have to outgrow their own pluggable revenue getting cannibalized. True. The usual response is to buy the pure plays i Taiwan, Europe, and Japan that have no legacy book. The cleaner version of that argument is to keep going one layer up. The laser is the visible part. The wafer the laser sits on is the invisible part, and it has zero legacy revenue. CPO needs meaningfully more of that substrate per socket than plug-ins did. $SOI, which has the near-monopoly on silicon-on-insulator wafers for silicon photonics, still trades at a low multiple (attractive book value) while photonics peers trade at 5-8x sales. $AXT and $IQE are the same setup on the indium phosphide side. There is also the supply question. Nvidia spent roughly $4 billion between Coherent and Lumentum, which effectively locks up their laser capacity. Everybody else (AMD, Meta, Ayar, POET, Lightmatter) has to source elsewhere. Sivers is the small independent that catches that overflow. And the layer nobody talks about is the assembly itself. Co-packaging an optical engine onto a chip is hybrid bonding. BESI just printed a record order quarter at €269.7 million with hybrid-bonding unit orders more than doubled sequentially. The bottleneck for H2 2026 isn’t whether the optics work, it’s whether anyone in Taiwan can bond them onto the package fast enough. The date I would put on the calendar is November 27, 2026. That’s when China’s export-control suspension on gallium, germanium, and antimony expires, about 6 weeks before the H2 2027 scale-up window. If it gets re-imposed, the substrate names re-rate first, before anybody downstream sees a dollar of CPO revenue. Right gold rush. The interesting trade is one layer further up, where there is nothing to cannibalize and there is a date on the wall.

@PoliticalHeater @Geiger_Capital What are those people supposed to do. Do you think people do this job cause they like doing it

This is a live stream… it’s so over.

@demian_ai I made crdo my biggest position last week. Very bullish on it especially with their recent acquisition

If AI keeps scaling, where does the factory break first? I built a public dashboard for that one question. S&P 500 (in yellow): +31% over the last year. The AI bottleneck book I have been keeping: +348%. All 96 names green. That is the gap between buying AI stocks and buying the parts AI cannot ship without. The market is starting to learn the physical bill of materials for intelligence. The companies are sorted into 14 baskets that map the physical AI stack: substrates, photonics, HBM, packaging, memory, power, cooling, storage, retimers, fab tools, construction, neoclouds, custom silicon, rare earths, and connectors. All of it built around one question: if AI keeps scaling, where does the factory break first? A year ago, the obvious AI trade was the visible part: GPUs, power, data centers, networking, maybe cooling. The tape has been moving somewhere more specific. Memory leads the 1Y. InP and substrates sit right behind it. Photonics/CPO and HBM/packaging follow. Then storage, custom silicon, fab tools, construction, power, cooling, retimers, connectors. The order matters more than the return. The market is no longer buying "AI infrastructure" as a single theme. It is ranking the layers that can make the AI factory late. That is the difference between AI beta and what is starting to look like bottleneck beta. AI beta asks: who sells into AI. Bottleneck beta asks: if this layer is late, does the factory stop. The first question fits a pitch deck. The second fits a route card. A month ago, the clean version of this was InP. GPUs need optical transceivers. Transceivers need lasers. Lasers need indium phosphide substrates. The substrate is a small physical disc sitting underneath one of the largest infrastructure builds in history. That was why $AXTI worked. Tiny disc. Huge system. Real bottleneck. But $AXTI did not stop mattering. It stopped being lonely. Over 3 months, InP led the tape. Over 1 month, InP is still leading, but memory, photonics, custom silicon, and HBM/packaging have clustered right behind it. The market is no longer only buying the raw ingredient. It is buying the stations that turn the ingredient into throughput. That is not a rotation out of InP. It is a rotation into the route card. Substrate to epi. Epi to laser. Laser to optical engine. Optical engine to package. Package to HBM. HBM to system. System to tokens. $AXTI is the substrate station. $VECO is the laser-tool station. $LITE, $COHR, $MXL, and $AAOI are the photonics layer. $MU, $SNDK, and SK Hynix are memory. $TSM is base dies and advanced packaging. $AMKR, ASE, and KYEC are OSAT. $ONTO and $CAMT are inspection and metrology. $BESIY, $KLIC, and TOWA are bonding, attachment, and molding. $ALAB and $CRDO are the retimer fabric that lets all of it talk. These are not separate stories. They are one object moving through the factory. The next layer is probably not just HBM. Everyone has found HBM. The next layer is what makes HBM usable. A stack of memory dies is not memory yet. It has to be bonded, molded, inspected, cooled, and tested. It has to survive heat, pressure, warpage, microbumps, underfill, substrate flatness, and burn-in. Before HBM becomes bandwidth, it has to become a manufactured object. That is where the watchlist is moving next. ABF substrates. T-glass. OSAT capacity. HBM base dies. Hybrid-bonding metrology. Bonders. Molders. Dicers. Thermal. And eventually EUV. The scarce thing keeps getting more specific. First the chip. Then the package. Then the memory. Then the optical link. Then the substrate under the laser. Next, the mold around the memory stack, the metrology tool checking the bump, the glass that keeps the package flat. The market is not walking from InP to HBM. It is walking with the part. Station by station. Dashboard is public, link below. (not financial advice)

@AbdrazakAlmas @mathlonning Even if they say no. Their licensing revenue is like 5 percent. 94 percent of their revenue is from ads.

@mathlonning any chance Google decides not to reniew ?

$RDDT should be renegotiating the terms of their licensing agreements related to AI searches, usage of the platform. This could be a catalyst if terms benefit $RDDT. Another high margin segment.

@chinoalemano @DondeEstaJuann @wliang Did they do an offering ? It’s tanking in AH

@DondeEstaJuann @wliang I don't get why he should be embarrassed about $SLNH. You're talking like it dropped, it's actually gone up since he literally said he bought it. Though obviously he seems way prouder of buying $DGXX. That means something. Let's go!!!!! 🔥 x.com/chinoalemano/s…

The more I dive into Neocloud, the more bullish I get... coming from someone who was telling people to buy $IREN at ~$6 and $CIFR at ~$3. Goldman Sachs estimates AI infrastructure spend to jump to $1.6T by 2031. This week reaffirmed our thesis even more: > $AMD crushed earnings. Datacenter up 57% YoY. Lifted the entire Neocloud sector before they even reported. > $SNDK confirmed the storage demand. Datacenter revenue up 233% YoY. > $NVDA signed a $3.4B AI Cloud contract with $IREN. Then issued a separate right to invest $2.1B at $70 per share (and yes, there are pros and cons). Validated the entire Neocloud model in one day. > $CRWV missed EPS (as we expected) but backlog jumped from $66B to $99.4B in a single quarter. Demand is accelerating. This is what a re-rating cycle looks like in real time. The big names are getting re-priced and landing deals. But the fun part (and where we can make the most money) is in the undiscovered, smaller names (e.g. companies like $DGXX) $DGXX is sitting at ~$430M MC at the moment. Seems pretty undervalued, hence I have a position in it. > Their business model (GPU-as-a-Service) is identical to $CRWV, which is sitting at a ~$67B MC. > $NVDA Blackwell GPUs deployed (same hardware as $IREN at ~$20B MC). Hans Vestberg sits on BlackRock's board, who also co-founded USDC in partnership with $DGXX. > They just signed their first AI revenue contract very recently (with SubQ AI). As mentioned before, this was their inflection point - from a speculative, execution dependent company, to a legitimate operator. > AGP just raised their target for $DGXX by ~43%, from $7 to $10. If this valuation gap between $DGXX and $IREN or $CRWV or even $CORZ ever closes... that's a 15x minimum, at current valuations. I love asymmetry.

@HeeraniPK @divineaction82 They announced a 3.4 billion partnership wher have u mentioned that ?

@divineaction82 Correct me on everything I have said about this PR

I took time to read the PR and this is bad. The partnership with $NVDA is not a direct investment of $2.1b $NVDA offers $IREN to buy DSX equipment with $IREN’s own money, and $IREN in return gives them right to buy 30m shares at $70 Basically 30m shares worth of call options at $70 strike price, 5 years out, for 0 premium 🙄. Only premium $NVDA is offering is letting you buy their equipment at same market price everyone else would buy. How’s this good for $IREN? How do I call it a win? What am I missing? Educate me.

@B__Digs @ACInvestorBlog They secured a 3.4 billion contract with Nvidia

@ACInvestorBlog It's an option for $NVDA. $IREN is going to need to raise A LOT of funding...

$IREN Did you read this ? $NVDA "As part of the partnership, IREN issued to NVIDIA a five-year right to purchase up to 30 million shares of ordinary stock at an exercise price of $70 per share"

@Explo_Global @Nietschecapital Why does it sound like u think it’s not run well 😉

@Nietschecapital Why do you say Reddit run extremely well

@SamMoxon @ryansfinance It’s his first year? My return was in minus for first year. And then I outperformed S&P next year. First year is all about learning from mistakes

@ryansfinance You are +£300? With £14.7k invested??? That's around a 2% return?

Exactly 1️⃣ year since I invested my first £200 into the stock market 🍾 What a year it’s been, I’ve deposited £14.7K and the account now sits at just over £15K 🤩 I’ve learned so much in my first year, and it’s opened my eyes to how the world really works and the possibilities investing opens up 🌎 I’ve spoken with so many great people and I can’t wait to see where my journey takes me in 5-10 years time 🕰️ Thanks to everyone that’s followed me on my journey so far, the first year was about learning as much as possible the next year is about using that knowledge 👍🏻

@RichardKin14388 @oongkuoksung @nataninvesting What’s ur average ?

@oongkuoksung @nataninvesting I am cooked too, I am too greedy not to sell $140+...... I am kicking my asshole.

𝘼𝙋𝙍𝙄𝙇 𝟮𝟬𝟮𝟲 𝙋𝙊𝙍𝙏𝙁𝙊𝙇𝙄𝙊 𝙐𝙋𝘿𝘼𝙏𝙀 Natan YTD: -13.0% S&P500 YTD: +5.3% TOTAL RETURNS (Jan 2022) Natan's portfolio: +94.2% *Benchmark: +41.6% S&P500: +60.7% My positions: $TMDX $PDD $HOOD $META $BABA $PYPL $PRCT $WIZZ $REGN $MRNA $CRSP TRANSACTIONS: 🟢 Increased positions: $PRCT 🔴 Sold positions: ALLOCATION BY COUNTRY: 🇺🇸 US: 68% 🇨🇳 China: 26% 🇭🇺 Hungary: 5% 🇨🇭 Switzerland: 1% Follow me: @nataninvesting - - - - - - - - - - - - - - - - - - - * 𝘉𝘦𝘯𝘤𝘩𝘮𝘢𝘳𝘬 𝘪𝘴 𝘤𝘢𝘭𝘤𝘶𝘭𝘢𝘵𝘦𝘥 𝘢𝘴 𝘢 𝘸𝘦𝘪𝘨𝘩𝘵𝘦𝘥 𝘢𝘷𝘦𝘳𝘢𝘨𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘧𝘰𝘭𝘭𝘰𝘸𝘪𝘯𝘨 𝘳𝘦𝘵𝘶𝘳𝘯𝘴: - 70% 𝘕𝘢𝘴𝘥𝘢𝘲 𝘊𝘰𝘮𝘱𝘰𝘴𝘪𝘵𝘦 𝘌𝘛𝘍 - 30% 𝘊𝘩𝘪𝘯𝘢 𝘐𝘯𝘵𝘦𝘳𝘯𝘦𝘵 𝘒𝘞𝘌𝘉 𝘌𝘛𝘍 ** 𝘛𝘩𝘪𝘴 𝘱𝘰𝘴𝘵 𝘪𝘴 𝘧𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘢𝘯𝘥 𝘦𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘶𝘳𝘱𝘰𝘴𝘦𝘴 𝘰𝘯𝘭𝘺. 𝘐'𝘮 𝘯𝘰𝘵 𝘢 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘴𝘰𝘳 and all the 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘤𝘰𝘯𝘵𝘢𝘪𝘯𝘦𝘥 𝘪𝘯 𝘵𝘩𝘪𝘴 𝘱𝘰𝘴𝘵 𝘪𝘴 𝘯𝘰𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦.

@JonahLupton @stockedgeN I don’t think they will do it this time. Last quarter stock was at 120 so they decided to release early to pump the stock. Stock is now 175 in a good position.

@stockedgeN $CRDO does like to pre announce these monster beats… would not be surprised if it happened again.

$CRDO 😍